Prepaid Cards: Advantages, Disadvantages, and How to Choose
A hand holding a transluscent debit card.
PDF-2012

Keywords

FY1251

How to Cite

Garrison, Selena. 2012. “Prepaid Cards: Advantages, Disadvantages, and How to Choose: FCS7244/FY1251, 2/2012”. EDIS 2012 (2). Gainesville, FL. https://doi.org/10.32473/edis-fy1251-2012.

Abstract

Prepaid cards are becoming popular, but are they a good choice for you? This 3-page fact sheet present the advantages and disadvantages of prepaid cards and then explain how to choose the best prepaid card, should you decide to use one. Written by Selena Garrison and published by the UF Department of Family, Youth and Community Sciences, February 2012.

https://doi.org/10.32473/edis-fy1251-2012
PDF-2012

References

O'Neill, B. (2011). Credit Card Rules for Young Adults. Retrieved October 13, 2011 from http://www.extension.org/pages/25272/credit-card-rules-for-young-adults

FDIC. (2009). Prepaid cards: Another way to pay, but understand the downsides. FDIC Consumer News. Retrieved October 13, 2011 from http://www.fdic.gov/consumers/consumer/news/cnfall09/Fall09BW.pdf

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