There are many fundamental differences between a credit card and prepaid debit card. In the case of a credit card you can borrow money and pay back later. In the case of your prepaid debit card the money held by you at the financial institution where you have an account will get deducted. Most of the people feel that it is virtually impossible to live without credit card of some sort. Yet, there are several families that pay their bills in money orders or cash. These people may find the prepaid debit card to be really useful.
A prepaid debit card resembles a credit card and also has a logo such as MasterCard or Visa. These cards are accepted in several retail shops as well.
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