Prepaid Credit Cards

The prepaid credit card industry is growing in Ireland.  Consumers are realising the dangers of credit cards and how much trouble they can get into with a credit limit versus a prepaid card.  This has increased the interest in comparing the different prepaid credit cards on the market.

A prepaid credit card is like a debit card, only it reports to your credit agencies regarding the use of the card.  You open an account for a fee, transfer money into the account and start using the card.  There is a transaction fee for each time you use the card for a purchase.  Some of the cards may also have a monthly fee.  There is always a reload fee when the card is running low.  The amount you may spend is determined by the amount you place on the card.  The prepaid cards often allow up to 500 Euros and no more than that to be in the account at one time.

With a prepaid card you can purchase anything where credit cards are accepted.  By using the card the agency will report that you are in good standing and that you are using the card.  This helps those with bad credit repair their credit in a relatively short period of time.  The prepaid cards are often a second option to bad credit credit cards that have a credit limit.  The prepaid option allows more control.  In some cases it may be the only card a person with bad credit can obtain.

In this section on Compare Credit Cards Ireland we have outlined the different prepaid credit cards available to you.  Not only did we want you to understand what the cards are all about, but we wanted you to be able to apply for prepaid credit card option if that is your choice.

The information below will explain the start up cost, any introductory period, the transaction fee, and the reload fee.  The information will also provide any other fees associated with the card if there are any.  With the prepaid credit cards listed below features regarding who qualifies for the card will also be listed.  Not everyone can have a credit card.  The prepaid credit cards in certain markets and from certain banks can be used by the teenage set below 18.  Most regular credit cards require that you are 18 or 21 before you can obtain a credit card.

Any information you need regarding the prepaid credit cards for comparison reasons will be listed below.  We also offer reviews of the credit cards available and the latest news.  All of this information should help you determine the best prepaid credit card company available in Ireland.

The information below has been found by our expert writers and offered in an unbiased manner.  In fact all information is offered in an unbiased way to help you make an educated and informed decision about the use of any credit cards, prepaid credit cards included.  The information provided will compare and answer your questions.