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What is the Green Dot prepaid mastercard?

What is the green dot prepaid mastercard?

  • Answer:

    That's a prepaid mastercard from Green Dot. Green Dot is a name of a company. A prepaid mastercard is a mastercard that works like a "gift card" that you can use at any stores (as long as they accept mastercard). Basically you pay a certain amount for the prepaid card and use it until this amount runs out. There are prepaid cards for other types too (like visa & amex).

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It's a prepaid mastercard - kind of like a bank account (although with exorbitantly high charges) that you can buy at Walgreen's or online. It has nothing to do with your credit score - just gives you a mastercard linked to an account that you fund with your money. No need to give your social security number or any other personal information. It's just for the convenience of a credit or debit card.

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