Prepaid debit cards exist, and have a specific amount of money able to be used, and these cards are often used as gift cards as an alternative to gift cards only valid to be used in a particular institution (i.e. [[McDonalds]], [[Walmart]]) because they are issued by companies such as [[MasterCard]] and a prepaid MasterCard debit card for instance can be used anywhere MasterCard is accepted. Some prepaid debit cards are reloadable and may be used in this way so that the card is not tied to any checking account, and additional security is available. | Prepaid debit cards exist, and have a specific amount of money able to be used, and these cards are often used as gift cards as an alternative to gift cards only valid to be used in a particular institution (i.e. [[McDonalds]], [[Walmart]]) because they are issued by companies such as [[MasterCard]] and a prepaid MasterCard debit card for instance can be used anywhere MasterCard is accepted. Some prepaid debit cards are reloadable and may be used in this way so that the card is not tied to any checking account, and additional security is available. |