In recent years, prepaid cards have come to include features that were formerly only available with conventional credit cards, including online bill pay and credit score monitoring. (supermoney.com)
However, unlike conventional credit cards, once you're approved, there's an alternate process for building up your credit limit. (financialwellness.org)
Conventional credit card rewards — the cash back you receive, or the miles and points you accrue — are generally considered a discount or a rebate by the IRS. (studentloanhero.com)