Prepaid cards (also known as pay-as-you-go cards) work similarly to bank debit cards. They require funds to be loaded first before they can be used to pay for goods.

Frequently Asked Questions

Are prepaid cards a workable alternative to a checking account?

Prepaid cards can be obtained even with a bad credit score, and some newer prepaid card providers (like Card.com) provide a routing number and account number for direct deposits.