They work similarly to bank debit cards except that there is no checking account Is it easy to make purchases using the prepaid card?. Use your reloadable prepaid card to shop, get cash at ATMs, pay bills online or shop in stores anywhere Visa, MasterCard or American Express cards are. Visa Checkout is a fast and easy way to pay online. Register your Canada Post prepaid Visa card – you only need to do this once. Visa Checkout securely stores. Convenience evaluates the essential features of the prepaid card, including how widely the payment network brand on the card is accepted. Grabbit Shop don't drop Freebies Competitions. Not for use at ATMs, for online gambling or for preauthorized payments. Or is it just for over-the-counter transactions such as shopping and eating out? They can be difficult to compare because not all prepaid card issuers use the same terms. For the best prepaid cards to use abroad, see our full guide to Prepaid Travel Cards. Buy prepaid mobile minutes and top-ups at a post office near you. You can also arrange to have money automatically deposited by your employer through direct deposit services. Best buys Best for everyday spending Best for teens Best for rebuilding your credit. This guide helps you understand what prepaid cards are, decide whether you should get one, and give you the best buys for your circumstances. This is one of the cheapest cards around, and it's good for kids, as additional cardholders only need to be aged 13 to be able to use the card. Once registered and your information is successfully verified, you will typically receive a personalized card in the mail approximately business days. When you offer a card for a deposit for services such as hotel rooms or car hires, or in-flight purchases, the company will 'lock' funds on the card for the duration of the hire and you won't be able to use it until the final bill has been settled and cleared. Can I use a prepaid card for pre-authorisation and security deposits? Why Do We Have Campaigns? They work similarly to bank debit cards except that there is no checking account associated with the card. Reload your card easily online or at any post office across Canada. You can find out more about how we work here. As long as you pay the fee every month for a year, this info will be passed on to credit reference agency Experian.