I've been reading some answers on here about prepaid credit cards and some want to say they are a complete ripoff. Oh, so credit cards aren't? They say this because of the fees. I could get a Visa Wired Plastic for $9.99 one time activation fee and $3.95 a month for maintenance. That's it. A measly $48.00 a year. Only $3.95 to reload. Same with Western Union prepaid Mastercard. Okay, why not buy a pair of $100.00 shoes, 7% sales tax, which would be $107.00 with a prepaid. With a regular credit card, they will charge something like 20%, plus they also have a minimum you pay every month. That would be $107.00 plus 20%, all to the credit card company. See the difference? Now who's the ripoff?
2007-08-14
09:52:43
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10 answers
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asked by
Anonymous
in
Credit