How is a prepaid credit card different from a debit card?
It is actually a pre-paid, reloadable card and completely separate from the checking or savings account, or credit or debit funding source account(s) that you use to load money to the card. Spending ability is limited to the amount of money that you separately load onto the card and store in the card account. When you purchase an item with your card, the purchase amount is withdrawn from your card spending balance, and never directly drawn from a funding source account that you use to load money onto the card. With a debit card, overdraft protection may mask the actual account balance, resulting in over-spending. You won’t be able to use a debit card for making a reservation on hotels and rental cars.
