Prepaid Credit Cards and your Income

August 27, 2007 | Author: Eve Lester | Filed under: Money Matters

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You want to know a secret? There are hundreds of dollars to be made in ‘trial programs’ While I don’t do them anymore, they are a decent way to make some quick money. But it is tricky. See, what it is is sites like Cash Crate, or Instant Profitz and after you sign up you are presented with a list of ways to earn on the site, some may be a dollar for signing up to a newsletter, on up to a hounded dollars for trying the trial pack of a new lotion, where you pay something like 5 dollars shipping.

You may be asking, how do I make money if I have to pay for the big money opps? Simple, you get some prepaid debit cards from a company like EPay, you can send money with these, as well as use it just like any other credit cards. You will load the prepaid card using your bank account, only for a small amount of money (equal to the amount you have to pay to complete the trial program) Once you have the money on there (let�s say 5.00) you go back to the ‘referral site’ (cash crate, IP, etc) and choose the trial program, you pay 5.00 for the trial sized lotion (just an example) and you are credited on the ‘referral site’ for 100.00, so you end up making 95.00.

Why would you need a prepaid card for that? Simple, these are trials, and we all know it isn’t always straight forward on how to cancel a subscription, some companies charge you before your trial is out, others won�t answer the phone when you try to cancel, if you use your regular credit card, you will be charged whatever amount the program is. And that is not the point. Using a prepaid allows you to feel safe, and if you forget to cancel, or they won�t let you, you do not have to worry about that money leaving your checking when you are not ready.

my favorite is the debit cards from epay, I can load the card via bank transfers, and they are about to add a feature to fund with another credit card. The prepaids act just like credit cards, you can shop online or off line and they even let you send money.

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