Prepaid Debit Cards: Read the fine print

Updated: February 7, 2012 at 8:09 pm PST

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Although it’s easy to acquire a prepaid credit card, you should still spend some time reading and understanding the terms of use. If you plan to use your prepaid card overseas, you should be well aware of the policies of the card issuer. While prepaid cards may offer better currency exchange rates, you should still watch out for currency conversion fees which might be the same with a regular credit card.