There are several benefits to using a prepaid credit card, such as a KOHO prepaid credit card:

  1. Budgeting tool: Prepaid credit cards allow you to load a specific amount of money onto the card and only spend what you have loaded. This can be helpful for people who want to manage their spending or stick to a budget.

  1. No credit check: Prepaid credit cards do not require a credit check, so they can be a good option for people who have bad credit or no credit history.

  1. No overdraft fees: Since you can only spend the money that is loaded onto the card, you cannot overdraft and incur overdraft fees.

  1. Easy to get: Prepaid credit cards are generally easier to obtain than traditional credit cards, as they do not require a credit check.

  1. Build credit: Some prepaid credit cards, including the Koho prepaid credit card, report your payments to credit bureaus, which can help you build or improve your credit score over time.

  1. Security: Prepaid credit cards do not have your personal information, such as your social security number, on them. This can provide an extra layer of security in case the card is lost or stolen.

  1. Convenience: Prepaid credit cards can be used anywhere that accepts credit cards and can be a convenient way to make purchases or pay bills online.

Get $20 when you get your awesome prepaid KOHO card.