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What is the difference between a pre-paid card and a credit card?

April 26, 2017card credit card difference pre-paid

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What is the difference between a pre-paid card and a credit card?

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The Instapayment Prepaid MasterCard® card looks similar to a MasterCard credit card – both have the MasterCard trademark and hologram and merchants will accept it like any other MasterCard card. The difference is that Instapayment Prepaid MasterCard® cardholders don’t have a line of credit. The Instapayment Prepaid MasterCard® card is only able to access the pre-paid amount of money you choose to put on the card.