While traditional credit cards are great consumer products because they reward your spending, the best prepaid cards are useful because they can help you control your budget.
What is a Prepaid Debit Card?
A prepaid card, or prepaid debit card, is a card issued by a bank or financial institution that you can pre-load funds on to for payment.
The American Express Serve FREE Reloads is one of a few American Express Cards that made the list of the seven best prepaid cards.
The second of the American Express cards charges slightly more in fees, but offers 1% cashback rewards in return. This was actually the only card I could find that clearly stated what their rewards program was online.
Movo is another low-cost card on the list, making it an excellent option for helping you to get your budget under control. Plus, they offer no ATM fees at 6,000 ATMs nationwide.