Prepaid credit cards are different from post paid cards in way that post paid card require funds to be paid later on and there is no such security on the card. While prepaid cards are secure because there is a security deposit, hence the bank is not at risk. Also, because post paid credit cards involve risk for the bank, they are not easy to get. Hence, people who really need a credit card and are not able to get it can go for the prepaid ones as the bank offers it easily. The process of getting a prepaid credit card is simple also. You need to find a bank which offers prepaid credit card facilities and apply for the same to the bank. Though, like the banks look into all the details of the applicant before issuing a credit card to him, similarly you should also study the credit card facilities provided by the bank. Particularly go through all the terms and conditions of the payment. Usually on prepaid credit cards the interest rate levied is much less than as that on a post paid credit card. The rate of interest and the other charges levied by the bank have to be read thoroughly. The bank would only let you know the details about the benefits of the card. So, always study that. Also, try to enquire friends and relatives if they are happy with the services of the bank.

Then and then only apply for the credit card. Once the application is approved by the bank, the process further includes setting up an account with the bank if not and then paying the necessary secured deposit. The amount of deposit determines the credit limit you are going to get, as it the same as the security deposit. So, if you want a larger credit limit you have to pay a higher security deposit, as simple as that.

Also, your credit rating is always considered before issuing you a post paid credit card, but for a prepaid credit card your credit rating does not matter at all. Even if you credit rating is not good you can get a prepaid credit card, hence people with poor credit rating need not worry.

Though, having a credit card has benefits if the card is used properly. The best advantage being, these days credit cards are accepted mostly every where, even in hospitals. In case of emergency crisis of money, like an unexpected hospital expense, credit card comes to your help instantly. Though, the other side of the coin is you tend to spend more when you have a credit. So, when you buy a credit card to need to be smart enough and use the credit card only when really required and not on unnecessary shopping, etc.