Everyone Needs A Prepaid Credit Card
Ever had your credit card number stolen? Have you ever seen a charge on your credit card statement, or in your bank account, that just wasnt’ yours, and had to go through the entire process of cancelling the card, disputing the charges, and getting credit? You’re not alone! Millions of people around the world have had their credit or debit card numbers stolen, and millions more will before the end of this year. How can you protect yourself?
Everyone’s heard the commercials for protection against identity theft and credit report monitoring, but did you know there’s a solution that protects your money, and is much easier? That’s right, you can protect your money, whenever or wherever you use a credit card, simply by getting a prepaid credit card. That’s right, a prepaid credit (or debit) card can safeguard your finances, simply and safely. How? Well, it’s actually fairly simple, and I am honestly surprised that more people are not doing this.
Just get a prepaid credit card (or debit card, whichever you prefer), and put a certain amount of cash on the card. Then, instead of using your “real” account when you order something online, or hand that card over to the waiter in your favorite restaurant, use the prepaid card. You’re not risking anything but the amount of money on the one card, and in the event that the number is compromised, the thieves won’t be able to use the card for any purchases over and above the amount you have on the card. You’ll still have to go through the cancellation procedures, still have to dispute the charges, and still have to wait for a replacement card, but the point is, it won’t be your main account that is affected. Your main account will actually have been protected.
Think about all of the places that you use your main debit or credit card….the corner store, your favorite restaurant, ordering online, or on a family vacation. Now think about all the opportunities a thief has to steal your financial information. Especially with online shopping, when you really have no idea who is on the other end of your transaction, you’re extremely vulnerable, financially.
When you think about it that way, doesn’t a prepaid card make sense?