Not exact matches
One of the
main differences is that there's no checking account associated with the
card, though some
prepaid debit
cards do have check writing privileges.
However,
prepaid debit
cards are not a good option if your
main aim is to improve your credit score.
Unlike debit and
prepaid cards, just about all credit
cards report to the three
main credit bureaus, something that provides students with the opportunity to build their credit while they're still young.
I was thinking that the
prepaid card activity was somehow being sent to the 3
main bureaus, and I was struggling with that concept.