What is a payroll card?
Your employer may be able to arrange with a bank or other financial institution to pay you with a payroll card. Your pay is loaded directly to your payroll card rather than deposited to a bank account or provided to ...
- Prepaid Cards
Prepaid Cards
Prepaid cards might look like a debit or credit card, but there are some important differences between them. Search or browse this list of common questions to learn more.
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What is a prepaid card?
A prepaid card is a card that you use to access money you have paid in advance. A prepaid card can refer to a number of different types of cards. For example, gift cards are prepaid cards that typically are ...
What are some of the main types of prepaid cards?
Most prepaid cards that have a network logo on them (Visa, MasterCard, American Express, or Discover) can be used at any location that accepts that brand. These cards are called “open-loop” cards. If your prepaid card doesn’t have a network ...
Where can I use my prepaid card?
Most prepaid cards with a network logo (Visa, MasterCard, American Express, or Discover) can be used anywhere that brand is accepted: grocery stores, gas stations, hotels, online shopping, etc. However, some prepaid cards with a network logo can only be ...
Is a gift card a prepaid card?
Yes, a gift card is a prepaid card. A gift card might have a network logo on it (Visa, MasterCard, American Express, or Discover), which usually means it can be used anywhere that accepts that brand. A gift card that ...
How do I use a reload pack?
Select your reload pack and take it to the cashier. Tell him or her how much you would like to add to your reload pack. You give the cashier money – in some cases they will only accept cash – ...
What is an open-loop prepaid card?
An open-loop prepaid card is a card with a network logo on it (Visa, MasterCard, American Express, or Discover) that can be used at any location that accepts that brand.
What is a closed-loop prepaid card?
A closed-loop prepaid card generally does not have a network logo on it (Visa, MasterCard, American Express, or Discover). You can only use these cards at certain locations – for example, a specific store or group of stores for a ...
What is a non-reloadable prepaid card?
If your card is non-reloadable, you can’t add money to it after it is issued.
What is a reloadable prepaid card?
If your card is reloadable, you can add money to it after it is issued.
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