Please understand the difference between a credit card, debit card, and prepaid debit card. Thank you
Can you direct deposit payroll check onto a secured credit card?
- Posted:
- 3+ months ago by Canishams24
- Topics:
- card, credit, credit card, debit card, prepaid, deposit
Answers (1)
I know the differences between a credit card, debit card and prepaid debit cards. A secured credit card has a limit of how much your spending limit is. For example 1000.00 limit. So if your paycheck was 1600. It wouldn't be able to be direct deposited on your secure card. Check with your credit card company and see if they have direct deposit. I can imagine so if some credit card companies offer blank checks, yes thats an option, it would have its account and routing number. Keep in mind that once the spending limit is maxed out or the direct deposit will bring the limit over its limit. Direct deposit wont work until the spending limit is low enough to where the direct deposit is enough to max out your limit. You are better off with a bank account or prepaid debit card like Amex Serve for direct deposits. I use amex serve for my direct deposit of 2400 each month.