Prepaid cards are a type of payment card that you load with a specific amount of money before using it. Unlike credit cards, which allow you to borrow money, prepaid cards only let you spend what you have already deposited. They can be used for online shopping, in stores, or for withdrawing cash from ATMs, making them a flexible option for managing your finances. These cards are often used by individuals who want to control their spending or avoid debt. They can also be a good choice for those who do not have a traditional bank account. Many prepaid cards can be reloaded, allowing users to add funds as needed.