When you pay with a prepaid card at a retail location with a PIN pad, you may have the option to choose whether to run the card as credit or debit.
If you choose debit, you enter the PIN you created when you registered your card. If you did not create a PIN, choose credit. If you choose credit, you only need to sign your name.
Some prepaid cards charge you a higher transaction fee if you choose debit, so check your cardholder agreement to find out what fees apply.
The content on this page provides general consumer information. It is not legal advice or regulatory guidance. The CFPB updates this information periodically. This information may include links or references to third-party resources or content. We do not endorse the third-party or guarantee the accuracy of this third-party information. There may be other resources that also serve your needs.
