Is a gift card a prepaid card?

Yes, a gift card is a prepaid card. A gift card might have a network logo on it (Visa, MasterCard, American Express, or Discover), which usually means it can be used anywhere that accepts that brand. A gift card that doesn’t have a network logo can only be used at one store or group of stores. Generally, most gift cards are not reloadable.

Read full answer Hide full answer