The difference between a credit card and a prepaid card is very different, many people confuse them and think that they are both the same or they have the same applications, functions and benefits, but this is for sure It is not the case, so by further we will mention the difference between a credit card and a prepaid card.
The difference between credit card and prepaid card, or what we call the difference between prepaid card and credit card, as we note from the English notation of both, we can see a big difference, the difference Between them is explained in detail in the following paragraphs...
Also read: How to create your own credit card and what is the difference between credit cards and prepaid cards?
We can learn more about how prepaid cards work in the following points:
There is another type of card, similar to a prepaid card, which is a debit card. This depends on whether the customer has a bank account with the bank, and also when it is used in the process of buying or selling in stores or on the Internet. The bank deducts the cost of Purchases from the customer's current account.
The most important points that you will be interested to know about the credit card:
Getting a prepaid card is easy and simple.As mentioned earlier, it is easy to remove a prepaid card and work with it easily, we can link it to our PayPal account.The most common type of internet card that it offers Bank are prepaid cards and there are several types of them:
The state's current trend in financial transactions is to provide prepaid cards that facilitate buying and selling transactions for the community. As part of this idea, prepaid job cards have been issued that can be easily redeemed from several locations:
You can easily recover it by going to one of the banks mentioned above and applying for a special card using only a personal card.
The fees for joint spoils do not exceed 25 Egyptian pounds.
It does not have many defects, and perhaps the most important thing that should be mentioned here is that it contains a daily withdrawal limit for the customer, which differs from one bank to another.
This is one of the best prepaid cards because of its advantages, including:
We will highlight the disadvantages of PayPal so that you can decide which side you want to receive your prepaid card from. The disadvantages of the Egypt Post card are:
Read also: Renewing an expired Al Ahly ATM card and the difference between Visa and MasterCard
It is one of the cards that can be used to conduct financial transactions locally and internationally via the Internet and can be retrieved easily by going to the branch and submitting an application to receive it. You only need a personal card, and fill out the form And pay. Mining fees, which are just a small fee, and extracting them gives you several advantages, namely:
In general, this type of card has many advantages, including:
Easy extraction.
Despite the many advantages mentioned above of the prepaid card, it is not without some disadvantages, such as:
There are several types of credit cards that we will tell you about next…
It is a card that gives you a high purchase value with the ability to control your spending. It also gives the customer the freedom to choose the method of payment and purchase that he wants, and allows you, in the event of a trip, to pay in the currency of the country you are traveling mechanism.
Provides you with other great discount benefits that may differ slightly from banking services, such as attractive discounts on travel to luxury resorts, hotels and restaurants around the world, counseling and medical advice.
It provides you with offers and discounts on commercial transactions inside and outside Egypt, and allows you to deposit the amount due through ATMs, and allows you to receive points and rewards upon purchase, and provides an opportunity for an installment plan Installment for sellers without interest for a certain period. For a period of 6 to 12 months and gives owners the opportunity to freely enter the halls of some airports.
There are some disadvantages of a credit card that you should be aware of and think about before trying to get a credit card. We will tell you about the deficiencies in the following points:
Read also: Renewing an expired Al Ahly ATM card and the difference between Visa and MasterCard
A credit card is useful for several reasons:
We have guided you about the difference between a credit card and a prepaid card, as well as the advantages, disadvantages and types of each, so that the whole picture is clear to you before making a decision in the process of extracting any of them.So you know the difference between a credit card and a prepaid card and we hope to help you .
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