No, unfortunately this card will not help you build credit history. While a lot of people refer to prepaid cards as “prepaid credit cards,” they are actually more similar to debit cards. You aren’t being offered a credit line, nor are you responsible for repaying borrowed money. As a result, your prepaid card activity wouldn’t tell lenders much, and prepaid cards aren’t even listed on your credit reports.
The easiest way to build credit is to open a credit card account and keep it in good standing. Doing so will add positive information to your credit reports on a monthly basis and thereby help you improve your credit score. You can learn more about the differences between prepaid cards and credit cards here: http://wallethub.com/edu/prepaid-credit-cards/25607/
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