If you think a prepaid debit card is only useful for one-time use, it’s time to take a second look. Here are some good uses for prepaid debit cards you may want to consider:
A helpful card for traveling. A prepaid debit card can be a convenient and easy way to bring money on a trip if you don’t want to carry cash. Just load the amount you want to spend during your trip on to the card, and you won’t have to worry about overspending while you’re traveling. Some prepaid debit cards, such as Capitol Federal’s True Blue® Money prepaid debit card, also offer ATM access, so you have quick access to cash should you need it during your trip.
Track spending and stick to a budget. A prepaid debit card allows you to only spend the money you loaded on to it, making it a great tool to help you stick to a budget. Once you’ve spent the allotted amount on the card, you can use it again by simply reloading additional funds. Capitol Federal’s True Blue Money prepaid debit card also allows you to set up alerts and manage your account online so you always know how much you’re spending.
Deliver money to students quickly and easily. Whether your child is in high school or heading off to college, they may ask for money to help with expenses. Prepaid debit cards, such as Capitol Federal’s True Blue Money prepaid debit card, are a great way to help teach them responsible spending. The True Blue Money prepaid debit card has several convenient options for reloading funds, so it’s easy to add money to the card when your student needs extra cash.
Want to learn more about the True Blue Money prepaid debit card? Click here or visit your nearest Capitol Federal® branch.