You might have received a prepaid card as a gift or an incentive. Good news, a prepaid card works just like a debit card. So you can use it to purchase goods and avail of several services.
You may be planning to use it for your next weekend getaway. But you may also ask, “Can I use a prepaid credit card for hotel deposit?”
What Is A Prepaid Card?
A prepaid card is one of the three standard electronic payment cards, along with the debit and credit cards.
A prepaid card works more like a debit card than a credit card. In every transaction, the exact amount of your purchase is deducted from your prepaid card balance. However, unlike the debit card, a prepaid card does not require a bank account. If the balance goes low, you only need to reload money onto the card.
Some prefer having prepaid cards as they do not need to go through the hassle of opening a bank account.
One more advantage of prepaid cards is that they have account and routing numbers. These features allow direct paycheck deposits onto your prepaid card.
Prepaid cards are great first cards for teens and for those who are recovering from debt. With a prepaid card, you cannot overspend as you can only expend with what you have on your card.
Prepaid Cards And Hotels
Most, if not all, hotels require your credit card details to book a room. However, they will not charge your credit card at this stage yet. Some hotels and motels accept prepaid cards for booking while some do not.
You may use your credit card for the initial reservation then use your prepaid card for paying the actual expense upon checkout.
So the answer to your question, “Can I use a prepaid credit card for hotel deposit?” is it depends on the hotel where you plan to stay. Before booking, check the hotel’s policy on reservations and deposits.
You may also be curious when does a hotel charge your debit card. As mentioned above, hotels will accept payment upon final checkout. You have the liberty to pay cash or through your debit, credit, or prepaid card.
Can you pay for a hotel with a prepaid Visa card? Definitely.
If you are planning to avail of hotel services abroad, you should check your prepaid card first. Some cards are only valid in the United States. If you prefer one that can be used in other countries, you can ask your bank if this option is available.
The answer to your question, “Can I use a prepaid credit card for hotel deposit?” lies in the hotel where you are planning to stay. Be wise on your travels and your spending habits. Get a card with features that will suit your needs. Learn more about hotel policies here!