prepaid credit card?

Question

I went to a drug store and bought a prepaid VISA card and try to buy something online and I'm having problems buying it. What do I put in for the "My Name" section / field and for the "address" section?

Answer 1

Typically prepaid VISA cards have the following purchase & setup sequence:

1. you purchase the card at the retailer. a certain balance is put on it at that time. this is usually a temporary card;
2. you register the card over the phone or online. this is when you register an address, name, PIN, etc.;
3. a permanent card arrives in the mail.

Have you checked to see if you need to follow these steps? If so, it is possible you won't be able to shop online with a temporary card.

Answer 2

With a bit of dilligent shopping and comparision of various prepaid credit card offers, it is not difficult to find a prepaid card with no annual fees, no late payment fees, no repayments, and no penalties whatsoever. So, the ownership costs of a prepaid card can be negligible.

With prepaid cards it is very easy to promote financial discipline. Since you can only spend what you have, there is no overspending, and hence no debts.

Some prepaid cards do report their use to major credit bureaus and hence are a good instrument to rebuild credit history.

Prepaid cards have wide acceptability, and in some cases they are even more readily accepted than credit cards. Apply online at: http://www.credit-card-gallery.com/PrePaid_Card.html