Prepaid Cards

No, prepaid business credit cards don't build credit. Even when they're marketed to businesses, prepaid cards are not credit cards, as there's no credit line attached to them. Unlike a credit card, prepaid cards have their funds stored in a stand-alone prepaid account which you can reload. So you can only spend what you've deposited into your account. That's why they don't help build personal or business credit.

A secured credit card is a better option for those wanting to build credit. Secured credit cards do report to credit bureaus, so using them responsibly will help build your credit history. You don't need good credit history for a secured credit card, because your credit limit is simply how much of a deposit you're able to put down when you apply or open an account. Thus, the credit line is “secured” by the deposit. Some of the best secured credit cards are open to consumers as well, but small business owners can also apply for them. Secured business credit cards may also provide features specifically tailored towards businesses, such as employee cards with individual spending limits and more.

This is actually one prepaid card that you cannot buy in a store. But you can apply online by clicking the “Apply Now” button on this page and filling out the issuer's secure application to which you will be automatically redirected. Please let us know if you have any other questions!

For starters, it's important to note that you can only do so if both cards are from AccountNow. Assuming you're squared away on that front, first sign in to: https://www2.consumercardaccess.com/main/accountnow/Home .Then select the "Share Money" option and enter the recipient's account number in the "Target Card" field. After that, just input the amount you wish to transfer and complete the transaction. Keep in mind that you can only transfer $300 per day and $3,000 per calendar month. You can find out more by calling AccountNow customer service at: 877-984-7465 . Hope this helps.

Unfortunately not. That would require a PIN, which you won't get until you register your account and receive your permanent card. U.S. prepaid card issuers have added such restrictions over the years as a means of preventing money laundering. Please let us know if you have any other questions.

There are several good prepaid cards out there with low fees or no fees. Some of them include the Wells Fargo EasyPay, the Regions Now card, the PayPal prepaid card, or the MyVanilla prepaid card. You can find more cards and compare them here.