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If you need to rebuild your credit then there must have been some form of negative feebback. You cannot get unlimited credit with a prepaid MasterCard. Prepaid Mastercards are debit cards that function like credit cards. You pay with cash and then use the card. It is not a good way to rebuild your credit.

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Q: What is the credit limit for a prepaid Mastercard.?
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Can you get a credit card with no credit history?

Yes, there are some credit cards that offer credit even without a limit such as AccountNow, Prepaid MasterCard, Wired PlasticTM, Prepaid VisaCard, Centennial Secured CreditCard, The MangoTM MasterCard Prepaid Card and more.


What is a AchieveCard MasterCard?

Achievecard is prepaid debit and credit MasterCard, Achievecard is a reloadable prepaid Mastercard.


What is the maximum you can get on a prepaid credit card?

There is not a limit on how much funds you can have on a prepaid credit card. You simply put on it the amount of money you have, and then go from there.


What is the service fee on a prepaid MasterCard?

Prepaid cards are not credit cards; they are debit cards that have a total limit based on your total deposit. The amount of money on your card reduces as you spend until you are out of money. You can choose to direct deposit each paycheck to a prepaid card or add money from your bank account as needed. Compare this with other credit card offers to see your best option!


How can one apply for a prepaid mastercard?

Most larger chains such as Walgreens and Walmart have prepaid cards you can purchase and load with no application. If you intend to use a prepaid mastercard to rebuild credit after a bankruptcy or other credit blemishes, you would need to go through Mastercard, pay a deposit (i.e. paying $100 may get you roughly $300-400 in credit starting). This route usually has you borrowing and paying interest on your own money, though if you keep the account in good standing, it will be returned to you after the probationary period.

Related questions

Can you get a credit card with no credit history?

Yes, there are some credit cards that offer credit even without a limit such as AccountNow, Prepaid MasterCard, Wired PlasticTM, Prepaid VisaCard, Centennial Secured CreditCard, The MangoTM MasterCard Prepaid Card and more.


What is a AchieveCard MasterCard?

Achievecard is prepaid debit and credit MasterCard, Achievecard is a reloadable prepaid Mastercard.


What is the benefit of a prepaid MasterCard?

The benefits of a prepaid MasterCard are: 1. There is no credit check 2. No bank account is required in order to purchase items. 3. Protection from unauthorized purchases.


What kind of card is a Towah MasterCard Prepaid Card?

It is a form of Debit Card, and NOT a Credit Card.


What are my choices in prepaid credit cards?

They are many options in prepaid credit cards including visa, mastercard and american express. They make great gifts when you don't know what to buy someone.


What is the maximum you can get on a prepaid credit card?

There is not a limit on how much funds you can have on a prepaid credit card. You simply put on it the amount of money you have, and then go from there.


Where can one find more information about prepaid credit cards in Canada?

One can find information on prepaid credit cards in Canada on a variety of websites. Canada Post sells prepaid credit cards and has information both in store, and on their website. MasterCard has information on their website about their prepaid cards, and VISA has information on their website about their prepaid cards.


When is it appropriate to get a prepaid mastercard credit card?

It is always appropriate to obtain a prepaid Mastercard. Prepaid Mastercards provide you with the ability to buy products online, keep your money safe and secure, and allows you to balance your budget by allowing you to add as much or as little money as you'd like.


What exactly are prepaid Mastercards?

A prepaid mastercard is a credit card that you will place a certain amount of money on, and it is usually used when a person goes out of town or the country for traveling.


Where can I buy a Mastercard gift card?

You can purchase a prepaid Mastercard gift card at Wal-Mart or Target. Also, you should check out Super America gas station's, as they carry many prepaid credit cards and gift cards.


What is the service fee on a prepaid MasterCard?

Prepaid cards are not credit cards; they are debit cards that have a total limit based on your total deposit. The amount of money on your card reduces as you spend until you are out of money. You can choose to direct deposit each paycheck to a prepaid card or add money from your bank account as needed. Compare this with other credit card offers to see your best option!


What are the benefits of using a prepaid credit card?

No identification is required to use a prepaid credit card. Only the prepaid limit may be spent when using a prepaid credit card for a purchase, so there is no reisdual balance or finance charges after the purchase.