What is a Prepaid Debit Card? (How Does It Work?). In this video, we're going to talk about a prepaid debit card.

What is a prepaid debit card?
A prepaid debit card is a mode of payment that you load money onto before use. You can only spend the amount of cash you have loaded onto the card and cannot go beyond the amount since it acts as your limit. Once the funds run out, the card stops working until it is loaded again with cash. Prepaid debit cards are bought at supermarkets, convenience stores, other retail outlets, some banks, or directly from the issuer.


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