Stretch Your Dollar With a Prepaid Credit Card

When you go to the store to buy groceries, stop at a gas station to fill up the tank, or decide to treat yourself to a little something at the local boutique, chances are you will use a credit card.  This doesn’t always mean that you will have to face your credit card bill at the end of the month.  If you are using a prepaid credit card you can relax knowing that your purchases are paid in full.

Who Offers Prepaid Credit Cards?

Obtaining a prepaid credit card couldn’t be easier.  If you visit your local drug store or supermarket, you will see a variety of prepaid credit cards to choose from.  All major credit card companies offer prepaid credit cards.  You simply choose the amount you would like to spend and purchase it.  After that, you can feel free to spend anywhere the credit card is accepted.

Prepaid Credit Cards May Help You Stay Within Your Budget

In today’s economy, every penny counts.  It is vital to have a budget and stick with it.  When you use a prepaid credit card, you know where your money is going before you spend it. Prepaid credit cards take the hassle out of acquiring any unwanted balances on your credit cards and help you stay on track.  Another benefit of a prepaid credit card is that you can avoid paying any finance charges because there is no chance of a balance on your credit statement.  Once you’ve purchased it, you are free to spend and stay on track.

It’s difficult to avoid overspending today.  Prices are going up and it may feel more difficult than ever to stretch your dollar.  Using a prepaid credit card may be your best defense against spending more than you should.  Once you have chosen the amount on your card, you know that you won’t end up spending more than you can afford.

Check out the different types of PREPAID CREDIT CARDS available on Go Banking Rates and see if you can help stretch your dollar.