Prepaid Cards As Gift Card

A prepaid credit card is like a gift card.You can spend only to the limit of money you have put into it.Your credit limit is limited to that amount.Your prepaid card should be one building credit for you.For that it should be one reporting your credit data.As a matter of fact,some of the prepaid credit cards report your credit history while others do not.Hence,if you are looking for building credit,you should first of all read the terms and conditions of the service provider with respect to the credit card you are applying for.