NEW YORK, NY--(Marketwired - Mar 3, 2014) - Today, CreditCardChaser.com, a leading website on credit cards, announced their ranking of the top prepaid and debit cards of 2014. For consumers who can't get approved for a credit card, prepaid and debit credit cards are a good alternative. With a prepaid or debit card, users load money onto a card or use the card for the amount that is in their bank account. Both of these cards function as a credit card but do not factor into a person's credit score. Although they do not build credit, both prepaid and debit cards are great tools for sticking to a budget and learning to use credit wisely.
In creating their ranking of the best prepaid and debit cards, Credit Card Chaser experts used many factors, including approval rates, rewards programs, set up and maintenance fees, customer reviews, and expert opinions. According to their findings, here are the top prepaid debit cards available to consumers today:
American Express Serve
With the American Express Serve, cardholders get a full service reloadable prepaid account with free ATM withdrawals at over 24,000 ATMs nationwide. There are no credit checks, no minimum balances, and no hidden fees. In addition, cardholders can get a $50 credit after receiving $250+ twice via Direct Deposit by 6/30/14. Users can shop virtually anywhere American Express cards are accepted, and they even get the same Purchase Protection service and security. With this card, members can easily deposit checks, manage their money, pay bills, and more.
AccountNow Prepaid MasterCard
The AccountNow Prepaid MasterCard is also an excellent prepaid option. This card has no monthly fee, no credit check or ChexSystems check, and easy 24/7 online access. Users receive an instant account number and free Direct Deposits. The AccountNow Prepaid MasterCard is accepted all over the world and is used like a normal MasterCard. Furthermore, cardholders can earn purchase rewards and refer-a-friend cash bonus.
READYdebit Visa Prepaid Card
The READYdebit Visa Prepaid Card rounds off Credit Card Chaser's list of the best prepaid and debit cards. With this card, applicants are guaranteed approval with no credit check. Users get an instant account number, free Direct Deposit, and easy mobile access. There are no purchase transaction fees or overdraft fees or balance minimums. Card members also get a free Credit ScoreTracker, so they can work on improving their credit. With the READYdebit Visa Prepaid Card, users can withdraw cash at thousands of ATMs or get cash back with purchases.
For consumers who don't have a credit history, have bad credit, or have filed for bankruptcy, these are the best prepaid and debit cards on the market today. For more information regarding prepaid and debit cards, access Credit Card Chaser's innovative credit card comparison tool: http://www.creditcardchaser.com/prepaid-and-debit-cards/
About Credit Card Chaser:
Credit Card Chaser is an authority credit card site that offers innovative comparison tools, reviews, calculators, and reports to help consumers find the best credit card for them.