These pre paid credit cards really are a good idea aren’t they? I mean, you can get one for your teenager and know that not only have they got money only they can use, but also it will teach them about credit and the importance of spending only what you can afford…
The reason they’re good for teenagers is primarily that they are the only credit cards that under 18s can get there hands on anyway. There are others that are aimed at the adult market for all those who cannot get a regular credit card or for various reasons want to budget their money a little better. Having a credit card like this can open a world of opportunity for the young credit card owner, and some of these prepaid credit cards will even allow you to use them online for things such as online purchases and gambling!
The Cashplus Gold Card is a prepaid credit card in the UK that carries the Mastercard brand, and actually offers purchase protection insurance too. So there you have a pre paid card that is well worth an adult owning. Many of the pre paid credit cards are also widely accepted abroad, simply beause of the new Mastercard branding that many of them carry these days.
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