I’m interested to see the difference in prepaid credit cards between the UK credit card system and our US based credit system. Are we just the worst country when it comes to managing credit?
MichaelSeptember 1, 2010 at 1:45 pm
I have applied and have received a prepaid card, but have not activated it yet. Will I be charged any fees before activation? I do understand there’s an activation fee, and and possible a fee to use the card? But I do not want to be charged anything before even activating it. Just wanted to make sure.
Also, my credit is not so great, and I am looking for a credit card that I may be approved for? Do you happen to know if any that may be out there? I do appreciate it! Thank you in advance.
@UK Credit Card,
Seems like Europe and the U.S. are experiencing similar debt issues.
@Michael,
The terms and fee policies for prepaid cards vary per issuer. So I am not sure if they will charge you for activation. Perhaps you can give them a call to confirm? Also, you can check out our list of cards above for those with bad credit or use the selector on the left hand side of this page to search for cards that are best for those with limited or no credit.
Hope this helps!
SandraSeptember 21, 2010 at 3:07 pm
@Michael,
I have credit issues also and am looking for a way to rebuild my credit. I just received about two weeks ago a First Premier Bank credit card, although you pay a $95.00 upfront fee because of the risk associated with the card and they charge $75.00 annual fee so with a $300.00 limit, so when the card is issued you have $225.00 available. You may want to check this card and see if they do report to the three major credit bureaus.
{ 4 comments… read them below or add one }
I’m interested to see the difference in prepaid credit cards between the UK credit card system and our US based credit system. Are we just the worst country when it comes to managing credit?
I have applied and have received a prepaid card, but have not activated it yet. Will I be charged any fees before activation? I do understand there’s an activation fee, and and possible a fee to use the card? But I do not want to be charged anything before even activating it. Just wanted to make sure.
Also, my credit is not so great, and I am looking for a credit card that I may be approved for? Do you happen to know if any that may be out there? I do appreciate it! Thank you in advance.
Mike
@UK Credit Card,
Seems like Europe and the U.S. are experiencing similar debt issues.
@Michael,
The terms and fee policies for prepaid cards vary per issuer. So I am not sure if they will charge you for activation. Perhaps you can give them a call to confirm? Also, you can check out our list of cards above for those with bad credit or use the selector on the left hand side of this page to search for cards that are best for those with limited or no credit.
Hope this helps!
@Michael,
I have credit issues also and am looking for a way to rebuild my credit. I just received about two weeks ago a First Premier Bank credit card, although you pay a $95.00 upfront fee because of the risk associated with the card and they charge $75.00 annual fee so with a $300.00 limit, so when the card is issued you have $225.00 available. You may want to check this card and see if they do report to the three major credit bureaus.