Prepaid cards are a type of payment card that you load with money before using it. Unlike credit cards, which allow you to borrow money, prepaid cards only let you spend the amount you have already loaded onto them. This makes them a great option for budgeting, as you can't overspend. You can use prepaid cards for shopping, online purchases, or even to withdraw cash from ATMs. Many people use prepaid cards for various reasons, such as giving them as gifts or for travel. They are also popular among those who may not have a traditional bank account. With prepaid cards, you can enjoy the convenience of a card without the risk of debt.