Prepaid cards, may it be Visa Card or MasterCard, it cannot be garnished. As far as I understand, a prepaid credit card cannot be garnished because, you use it after paying the credit card company. Thus, you are using your own money.
When you are taking a prepaid card, or may be any card, an account is being automatically opened, so you need to declare it as an account. Moreover, if you want to declare it somewhere, where do you want to declare it?
pre paid card garnishment
Hi Char,
Prepaid cards, may it be Visa Card or MasterCard, it cannot be garnished. As far as I understand, a prepaid credit card cannot be garnished because, you use it after paying the credit card company. Thus, you are using your own money.
When you are taking a prepaid card, or may be any card, an account is being automatically opened, so you need to declare it as an account. Moreover, if you want to declare it somewhere, where do you want to declare it?
Hope this helps.
Regards,
Aaron
you are not earning interest. in fact you may be incurring fees. so it is really a gift certificate