How is the Green Dot prepaid mastercard?

Question

Does anyone have any experience with the Green Dot prepaid mastercard. How does it work? Is it like a regular Mastercard? Can you use it for reservations for hotel or air-line tickets? Can you take out cash advance against it? Any information will be helpful. Thanks

Answer 1

Here is what the Greed Dot folks say are the benefits of the card:

Shop online or by phone
Pay bills or book travel
Easy way to track your spending and stay within budget
No debt or monthly bills to worry about

So, if they are correct, then your answers are YES. You put money on the card, so you can take out whatever you have put on the card---if that's what you mean by cash advance.

Answer 2

first of all, a green Dot prepaid credit card won't build credit for you considering is a debit card. once you're seeking to acquire a debit card because of the fact no one provides you with credit, i'd practice to a cyber web organisation called AccountNow. once you practice, they are going to open an account for you and undertaking you a debit card that comments to the credit bureaus once you utilize it to pay your expenses like lease, utilities, cable, coverage, etc. this way you will build credit. to answer your next question, if via accident somebody does supply you credit, you would be charged interest regardless because of the fact acquiring a credit card is like acquiring a loan. they are offering you with a definite volume of money to apply as you like and you're required to pay them back with interest.