Prepaid Credit Card Management Tips for Frequent Shoppers

Regular shoppers will surely benefit from the pointers tackled below. That’s because in the remainder of this piece, we have listed down and discussed practical suggestions you can use, not only for ensuring the security of your offline and online transactions, but also for avoiding pesky fees and charges.

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Always check the available balance on your prepaid credit card, before using it to cover your bills and expenses. Keep in mind that you might incur huge fines and penalties, such as declined transaction fees and overdraft charges, if you won’t pay close attention to the funds you can still use on your account.

Hence, you should make it a habit to determine the amount of cash available on your prepaid account before charging your purchases on it.

Don’t let the personnel of your favorite shopping centers and commercial establishments bring your card in places where consumers, like you, don’t have access. After all, the employees of such stores and shops may charge transactions on your account, without your knowledge. Thus, to minimize your risk of being held accountable for charges you never made, you should never let your prepaid card out of your sight.

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In case the cashier of your favorite business establishment contends that it is necessary for him/her to bring your card in a secluded area of the store then, it would be wise to take your card, leave the merchandise you intend to purchase and transfer to a nearby shop that offers similar products or services.

Transact deals only through secure online portals, such as shopping sites that are equipped with excellent safety and security mechanisms. Keep in mind that by using these portals, you can ensure the confidentiality of your online transactions as well as the details you disclose in online forms and webpages. Furthermore, with such sites, you can be sure that no hacker or software can gain illegal access to your credit and personal information.

Have a definite schedule for reloading funds on your prepaid credit card. Always remember that you can only use your card account if it contains sufficient funds for covering your purchases and bills. So, to continuously enjoy the beneficial features of your prepaid card, you should develop a time-frame for replenishing the cash on it. You may do this at the end of each month, or on a weekly basis; depending on your spending habits.

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Be mindful where you use your credit card. Some firms will only accept cashless transactions if they sponsored, issued or released the credit card you have. So you should see to it that you use your prepaid credit card only in select shops and stores which accept and honor it. And, just to be safe, you should always bring along with you cash or other credit card programs, like secured or unsecured credit cards, every time you go shopping. By doing so, you can have ample funds or lines of credit you can use for covering your purchases and bills, even if the cashier declines your prepaid card account.

About the Author

Emma Lee is a financial consultant and a freelance writer. She has more than 15 years of experience in helping consumers find and manage prepaid ­credit cards. She regularly contributes articles to Secured Credit Card Site to provide readers the latest information about secured, unsecured and prepaid cards as well as the latest trends in financial management.


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