BANKING GENERAL KNOWLEDGE
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
is not connected to your bank account.
|
|
|
is connected to your bank account.
|
Detailed explanation-1: -A prepaid card is not linked to a bank checking account or to a credit union share draft account. Instead, you are spending money you placed in the prepaid card account in advance. This is sometimes called “loading money onto the card”.
Detailed explanation-2: -It is also worth noting that most major U.S. card issuers don’t ask about bank accounts on their credit card applications. So it’s safe to say you can get approved for most credit cards without a bank account.
Detailed explanation-3: -Once your bank account is signed up, follow the same directions. But this time, when you “Add bank or card, ” you’ll add your prepaid debit card data instead. You can also click the camera icon to take a picture and let the app automatically fill out the form. When you’re finished, click “Add, ” and you’re ready to go!
Detailed explanation-4: -The most common reasons are insufficient funds, an inactive card, the cashier using the card the wrong way, or simply you using your Visa gift card at an invalid place.