Financial Health Tips: Prepaid Cards vs. Debit Cards

Prepaid cards and debit cards offer different levels of security and fee structures. Learn rock-solid financial health tips from the world's richest people to grow your wealth.

Young woman handing waiter credit card, close-up

Prepaid Card Vs. Debit Card

Published Jun,13 2017 | By Barb Nefer

Prepaid cards and debit cards have some important similarities and differences. You can get these cards even if you have a bad credit history. You must have a bank account to have a debit card because it is linked directly to the account. A prepaid card simply requires money to purchase or reload the card.