Card Types
What is Prepaid Card?
Credit Card Glossary · Updated April 2026
A card loaded with a specific amount of money in advance. Unlike credit cards, prepaid cards don't involve borrowing — you can only spend what you've loaded. They don't affect or build credit. Often used for budgeting or as gifts.
Frequently asked questions
What is Prepaid Card?⌄
A card loaded with a specific amount of money in advance.
What does Prepaid Card mean on a credit card?⌄
A card loaded with a specific amount of money in advance. Unlike credit cards, prepaid cards don't involve borrowing — you can only spend what you've loaded. They don't affect or build credit. Often used for budgeting or as gifts.
Where does Prepaid Card apply?⌄
Prepaid Card is a card types concept. It typically appears in the context of specific card types and products.
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