The best prepaid credit cards offer guaranteed approval with no credit checks, and prepaid cards can be used anywhere credit cards are accepted, so they’re perfect if you have a poor credit history but still need access to a credit card for certain purchases.
If you’ve been declined for standard credit cards, because you have a poor credit history, low credit score, or no credit record, and need a credit card for select purchases, consider applying for a prepaid card with automatic approval.
Prepaid credit cards offer many benefits for poor credit consumers that can’t qualify for regular credit cards, but they may require additional fees, so it’s important to use them carefully and understand the terms and conditions of your prepaid card.
100% Guaranteed Approval
Prepaid credit cards offer guaranteed approval with no credit checks, so subprime credit card applicants can be automatically approved for prepaid cards regardless of your credit history, even if you have very poor credit or no credit at all.
Prepaid cards are designed for people with bad credit or a limited credit history, so you’ll automatically qualify for these subprime credit cards, since there are no credit checks or employment requirements to be approved.
Accepted Anywhere
Prepaid cards can be used anywhere standard credit cards can be used, as they have either a Visa or MasterCard logo, so you can use prepaid credit cards to rent cars, make online payments, pay bills, or make any other purchases wherever credit cards are accepted.
Prepaid Credit Lines
Unlike Standard Credit Cards that extend you a line of credit, prepaid credit cards require you to pay for your purchases in advance by depositing funds into an account, from which your card payments will be withdrawn.
Your credit line will be equal to the amount of money you deposit into your prepaid card account, so you can never accidentally spend over the credit limit.
You can deposit funds into your prepaid card from your bank account, via direct deposit of your paycheck, by telephone, or at various merchant locations.
Many prepaid cards don’t pay interest on your deposited funds, but the deposit accounts are usually FDIC-insured, and you can close your prepaid card and withdraw your funds at any time.
Prepaid Credit Card Fees
There may be various fees associated with poor credit prepaid cards, such as processing fees, monthly fees, or transaction fees, so be sure to review the terms and conditions carefully before applying for subprime credit cards.
However, if you use prepaid cards carefully for only those select purchases that require a credit card, prepaid credit cards can be advantageous, and the fees may be worth the benefits of having a credit card.
Credit-Bureau Reporting
A few prepaid credit cards still report your account to major credit bureaus, such as Experian, Equifax, or TransUnion, so some prepaid cards can help you improve your credit history and increase your credit score.
Other prepaid cards report to minor credit-reporting bureaus, but that won’t help you improve your credit worthiness or increase your credit score, because Experian, Equifax, and TransUnion are still the industry standard credit bureaus that creditors use to review your credit history.
However, many prepaid cards do not report to credit bureaus, so make sure you apply for a prepaid credit card that reports to credit bureaus if you need to establish a positive credit history and improve your credit scores.
Secured Credit Cards may be a better option if you want a credit card that reports to credit bureaus to improve your credit history and increase your credit score, as secured cards are also designed for poor credit consumers.
Prepaid Credit Cards
Apply and be automatically approved for these prepaid cards.
AccountNow Prepaid Visa Card
Both the AccountNow Visa and AccountNow MasterCard prepaid cards offer the same great features.
- NEW! Now with the iAdvance(SM) loan option, no credit check needed.
- Instant Guaranteed Approval* – no credit check, no security deposit
- $0 ACTIVATION FEE – when you load your card by direct deposit
- Free Direct Deposit – no more check cashing fees
- Free Online Check Writing – no need for expensive money orders
- Free Credit Builder† – bill pay transactions are reported to PRBC®
- No Overdraft Fees – no minimum balance required
- Reloadable – $10,000 balance limit
AccountNow™ Prepaid MasterCard®
The AccountNow Visa and MasterCard cards offer the same great prepaid card benefits.
AccountNow™ Prepaid MasterCard®
- Build your credit with the new iAdvance loan option(SM)
- Instant Guaranteed Approval* – no credit check, no security deposit
- $0 ACTIVATION FEE – when you load your card by direct deposit
- Free Direct Deposit – no more check cashing fees
- Free Online Bill Pay – no need for expensive money orders
- Free Credit Builder† – bill pay transactions are reported to PRBC®
- No Overdraft Fees – no minimum balance required
- Reloadable – $10,000 balance limit
NetSpend® MasterCard® Prepaid Card
NetSpend® MasterCard® Prepaid Debit Card
- 100% approval – No credit check required
- Make purchases anywhere MasterCard Debit is accepted
- No overdraft fees or minimum balances
- Online Bill Pay – Easily send a check to anyone
- 5% APY Savings Account – Exclusive!
- Free Direct Deposit from your paycheck or government check
- Add up to $10K to your account in over 65,000 locations
- As seen on TV and in stores nationwide!
NetSpend® Visa® Prepaid Card
NetSpend® Visa® Prepaid Debit Card
- 100% approval – No credit check required
- Short-term iAdvance Line of Credit – Now available!
- No overdraft fees or minimum balances
- Online Bill Pay – Easily send a check to anyone
- 5% APY Savings Account – Exclusive
- Free Direct Deposit from your paycheck or government check
- Add up to $10K to your account in over 65,000 locations
- As seen on TV and in stores nationwide
Prepaid Visa® RushCard
Both the RushCard and the Baby Phat RushCard offer the same great features and low fees.
- Created by Russell Simmons to provide Financial Freedom and Respect
- Guaranteed approval*
- No Credit Check
- Free Direct Deposit of pay, tax refund, anticipation loans
- No Overdraft Fees/ No Check Fees/ No Interest Fees
- Free Credit Builder
- 56% of cardholders save over $300/ year using the RushCard
- Make money with our Refer A Friend Program
- Reloadable with a $10,000 maximum balance
- Free Email/ SMS Alerts
- Card to Card transfers between RushCard Members
- Free Prescription Discount Card from RushCard – Save up to 85% on prescriptions
Baby Phat Prepaid Visa® RushCard
The Baby Phat RushCard and the RushCard offer the same great features and low fees.
Baby Phat Prepaid Visa® RushCard
- Show your style with the BabyPhat RushCard
- Guaranteed approval*
- No Credit Check
- Free Direct Deposit of pay, tax refund, anticipation loans
- No Overdraft Fees/ No Check Fees/ No Interest Fees
- Free Credit Builder
- 56% of cardholders save over $300/ year using the RushCard
- Make money with our Refer A Friend Program
- Reloadable with a $10,000 maximum balance
- Free Email/ SMS Alerts
- Card to Card transfers between RushCard Members
- Free Prescription Discount Card from RushCard – Save up to 85% on prescriptions
Wired Plastic Prepaid Visa Card
Wired Plastic™ Prepaid Visa® Card
- New Card for Convenient Tap-n-Pay Purchases at Merchants Nationwide
- No Bounced Check, NSF and Overdraft Charges EVER!
- FREE Rewards Program – Earn 1 point for every $1 spent, redeem for Prepaid Wireless Airtime, Music Downloads, LD Calls
- FREE Bill Pay Service – Pay Anyone Online or Over the Phone
- FREE Credit Builder with Overdraft Protection
- FREE Mobile & Email Alerts
- FREE Direct Deposit – Eliminate Check Cashing Fees
- Add Cash Instantly at 100,000 Retail Locations Nationwide
The BuyRIGHT Prepaid MasterCard
The BuyRIGHT Prepaid MasterCard®
- Get cash at over 900,000 ATMs worldwide
- Pay your bills online or over the phone
- Eliminate payday hassles with free direct deposit
- Accepted at millions of MasterCard locations worldwide
- NO credit checks
- NO employment verification
- NO monthly or annual fees
Review our Credit Card Directory for more information on a variety of credit cards.
Prepaid credit cards are a great option if you have a poor credit history and can’t qualify for other credit cards, as prepaid cards offer guaranteed approval with no credit checks.
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