April 6, 2007, Newsletter Issue #59: How to shop for a prepaid credit card

Tip of the Week

When shopping for a prepaid credit card, compare setup fees and payment methods to find one that will work well for you. Setup fees can vary by over $100 so it's in your best interest to look around for the best deal. Also pay attention to any maintenance or re-load fees that may be associated with your pre paid credit card. Different pre paid credit cards will allow you to upload money through bank transfer, check, money order or even direct deposit from your paycheck.

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