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What are prepaid debit cards? A prepaid debit card is a card that has a specific amount of money pre-loaded onto it. You can then use the card to make purchases as you would with a debit card attached ...

Debit cards pull funds directly from your bank account when making purchases or withdrawing cash. Setting up a PIN and monitoring account balances via mobile apps helps avoid overspending and fees.

Sophie Venz is a former Deputy Editor at Forbes Advisor. She is an experienced editor and features reporter, and has previously worked in the small business and start-up reporting space. Previously ...