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Get a payday loan on a prepaid debit card

Access your cash advance directly from your wallet.

Many payday lenders offer prepaid debit cards, but not all will load your cash advance onto a debit card. Like with any short-term loan, prepaid debit cards loans are best used as a last resort — they can come with rates that top 700% APR.

3 lenders that offer prepaid debit card loans

These lenders will load a payday loan onto a prepaid debit card that you can swipe at stores or online.

LenderLoan amountHow it worksRequirements
Check Into CashVaries by state Receive government benefits and your paycheck up to 2 days in advance after connecting your accounts.Active bank account, government-issued photo ID, proof of income, most recent bank statement, checking account and bank routing number and Social Security Number or ITIN (for Indiana residents only)
Ace Cash ExpressVaries by stateConnect your accounts to access your paycheck or government benefits up to 2 days in advance.Steady source of income, checking or savings account, not currently in bankruptcy, ages 18+
Speedy Cash$50 to $26,000 (varies by state)Have your payday loan deposited directly onto a prepaid debit card.Must be 18+ years old (19+ in AL) and have valid ID, proof of steady income, an open checking account and working phone number.

Compare more short-term loans

These providers lend you money directly and service your loan payments — no middle-man.
Name Product Filter Values Loan amount Turnaround time Requirements
B9 pay advance app
Up to 100% of your salary
Instant
$500+ in monthly direct deposits into B9 account, checking account, ITIN or SSN, government-issued photo ID
Withdraw 100% of your paycheck with no extra fee for instant funding.
OppLoans Installment Loans
$500 to $5,000
1 business day
Direct deposit, meet minimum income requirements, live in eligible state
Comes with the option to change your due date so you won’t fall behind on repayments.
Stilt
$1,000 to $25,000
2 to 3 business days
Be employed, have a US bank account, live in a state where Stilt operates, hold one of the following visas: F-1 and OPT, H-1B, H4, O-1, L-1, TN, J-1, DACA or be a US citizen.
Get a fair loan designed for immigrants and nonresidents.
CashNetUSA Loan
Varies by state
As fast as same business day
Regular source of income, bank account, US citizen or permanent resident, age of majority in your state
Sign up for its discount program to get access to coupons and deals on everything from dining out to tax services.
Fast5kLoans Short-term Loans Connection Service
$100 to $35,000
As soon as the next business day
Regular source of income, verifiable bank account, US citizen, ages 18+
Get connected with multiple lenders you might qualify with — even if you have bad credit.
LendYou Short-term Loans
$100 to $2,500
Same business day to 1 business day
$1,000+ monthly income, direct deposit, US citizen or permanent resident, ages 18+
Get offers from potential lenders in minutes by filling out just one online form.
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Compare up to 4 providers

These providers help connect you with lenders willing to provide you the funds you’re looking for based on your preferences and the lenders’ criteria — a solid option if you have trouble getting approved elsewhere.
Name Product Filter Values Loan amount Turnaround time Requirements
Fast5kLoans Short-term Loans Connection Service
$100 to $35,000
As soon as the next business day
Regular source of income, verifiable bank account, US citizen, ages 18+
Get connected with multiple lenders you might qualify with — even if you have bad credit.
LendYou Short-term Loans
$100 to $2,500
Same business day to 1 business day
$1,000+ monthly income, direct deposit, US citizen or permanent resident, ages 18+
Get offers from potential lenders in minutes by filling out just one online form.
BadCreditLoans.com
$500 to $10,000
Varies
Depending on lender requirements, people from all 50 states may not be eligible for a personal loan.
With straightforward, simple qualifications, these loans offer easy approval for people with poor credit.
CashUSA Installment Loans
$500 to $10,000
As fast as same business day
Regular source of income, bank account, US citizen or permanent resident, age of majority in your state
Explore its online education center to get tips on budgeting, how to prioritize your bills and more.
CashAdvance.com Payday Loans
$100 to $999
Varies by lender
Employed, at least $1,000 in monthly take-home pay, valid checking account, US citizen, over 18, valid home and work phone number, valid email address, resident of eligible state.
Use its repayment calculator to see how the loan term and amount you borrow affects the overall cost.
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Compare up to 4 providers

Looking for a loan that doesn’t require a bank account?

Unfortunately, most lenders that offer prepaid debit card loans still require you to have a bank account. Instead, check out our guide to lenders that don’t require a bank account to compare your other options.

How does a prepaid debit card loan work?

The application process works just like any other short-term loan: Compare lenders before applying online, at a branch or over the phone. If you’re approved, your lender will transfer your funds into an eligible loan account and give you your debit card either in person or send it in the mail. From there, you may need to register the card in your name.

Because most prepaid cards are either Visa or Mastercard, you can then use it at retailers or to pay bills. You may even be able to withdraw cash from an ATM, although this might come with extra fees.

Can I reuse the prepaid card for another loan?

Yes. If you need a loan in the future, you’re often able to transfer your funds onto the same prepaid debit card for a fee. And you’re not limited to just loans. You may be able to receive direct deposits on your card — providing quick access to your paycheck, government benefits or tax refund.

Can I repay a payday loan with a prepaid debit card?

It depends on the lender. Some may allow you to make payments with a prepaid debit card, but it could mean you pay an extra fee. Other lenders may only accept bank account transfers — which means you won’t be able to make a payment with a debit card.

4 reasons to consider a prepaid debit card payday loan

Here are four ways you might benefit from this type of loan:

  • You can easily access your funds. Once your lender transfers your money to your card, you can use it to shop at stores, pay your bills and even withdraw cash at an ATM.
  • You can set up your card for other deposits. Most prepaid cards can receive direct deposits, offering fast access to your paycheck, tax refund advances and government benefits.
  • You could earn rewards with the right card. Some prepaid card providers allow you to earn cash rewards with your spending.
  • You can choose from multiple lenders. If you live in a state where payday loans are legal, you’ll find several lenders that offer this type of loan. Compare the ease of applying and turnaround to find the best option for your needs.

What are the drawbacks to consider?

Before you borrow any short-term loan — no matter how you receive your funds — be aware of these drawbacks:

  • High fees. Payday lenders charge considerably higher fees than other types of lenders, which could get you caught in a cycle of debt.
  • Short repayment terms. As the name implies, your loan is typically due on your next payday. Make sure it won’t strain your budget too much before you apply.
  • Disreputable lenders. Plenty of shady lenders are out there trying to take advantage of people at their most vulnerable. Confirm that your lender is licensed and operates legally in your state before signing a contract.

Debit card cash advances vs. prepaid debit card loans

Debit card cash advances are not the same as a prepaid debit card loan. With some bank accounts, you can use your debit card to overdraw your account to access cash for an overdraft fee of around $34 per withdrawal. Some banks might also charge an extended overdraft fee of around $25 per week your account is negative.

Since payday loans often cost around $15 per $100 borrowed, a debit card cash advance is generally more expensive. But once you top $300, it could cost you less — as long as you repay before the extension fees kick in.

Other considerations to keep in mind

Before you apply for a prepaid debit card payday loan, consider how you’ll repay it. Among the most notorious types of lending, payday loans often come with high fees. Late or missed payments can lead to additional fees and stiff penalties. And defaulting can result in a lower credit score and long-term damage to your overall credit.

Prepaid debit card payday loans are governed by state regulations that limit how much you can borrow and for how long. These laws are designed to protect you against predatory lending. Carefully review the terms and conditions of your specific loan, and ask questions about anything you don’t understand before signing any contract.

To protect yourself against an illegitimate lender, confirm that yours is licensed and allowed to lend in your state.

How to apply for a prepaid debit card loan

Depending on the lender, you’re often able to apply for a prepaid debit card loan online or in person.

  1. Eligibility requirements

    You’ll need to meet the following criteria at a minimum to qualify:

    • Steady source of income
    • US citizen or permanent resident
    • At least 18 years old
  2. Information required

    Most lenders ask for the following details during the application process:

    • Social Security number
    • Date of birth
    • Government-issued ID, such as your driver’s license
    • Details about your employment and income
  3. What do I do if my application is denied?

    A lender could deny your application for several reasons, including:

    If your application is denied, applying through a loan connection service could also increase your chances of approval, as these providers have a large network of lenders that offer loans with varying eligibility criteria.

Are payday loans available in my state?

Bottom line

A prepaid debit card can be a convenient way to receive your payday loan, but it comes with the same risks and costs as any other short-term loan. Before you commit to a lender, learn more about how payday loans work to ensure they’re the right fit for you.

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323 Responses

    Default Gravatar
    BrandyNovember 5, 2019

    I need a 500 loan on my Netspend card. How do I get one fast?

      Default Gravatar
      nikkiangcoNovember 5, 2019

      Hi Brandy,

      Thanks for your comment and I hope you are doing well.

      To get started, go to the part of the page asking for your state. Enter your state and it will show the list of lenders in your area. You will find a table that compares the features and benefits of each lender such as max loan rate, interest and etc. This way it will be easier for you to see which provider fits you best. If you need further help, a quick guide on how to apply for a prepaid debit card loan is also stated on the page.

      As a friendly reminder, carefully review the eligibility criteria of the loan before applying to increase your chances of approval. Read up on the terms and conditions and product disclosure statement and contact the bank should you need any clarifications about the policy.

      Hope this helps and feel free to reach out to us again for further assistance.

      Best,
      Nikki

    Default Gravatar
    JamesNovember 4, 2019

    Hi. My lights just got shut off and I don’t get paid till next week thrusday morning. I was wonder can I get a loan. I just need 150$ and I’ll be able to pay it right back when my deposit it.

      Default Gravatar
      nikkiangcoNovember 4, 2019

      Hi James,

      Thanks for getting in touch! Sorry to hear your electricity got cut off.

      There is information on our page where it says “How to apply for a prepaid debit card loan” and you can read through that to know if you are eligible to apply for a loan. Note that the probability of you getting approved will depend on how you fit a lender’s eligibility criteria.

      To get started comparing options for a lender, please go to the page that says “Personalize your loan options.” Enter the state you are in and you will find see a list of lenders available in your area. This table compares the features and benefits of each loan provider such as max loan rate, interest and etc. This way it will be easier for you to see which provider fits you best. If you need further help, an FAQ part is available below. As a friendly reminder, carefully review the eligibility criteria of the loan before applying to increase your chances of approval. Read up on the terms and conditions and product disclosure statement and contact the bank should you need any clarifications about the policy.

      Hope this helps and feel free to reach out to us again for further assistance.

      Best,
      Nikki

    Default Gravatar
    SashiOctober 17, 2019

    I need a $1,000 loan and pay no more than $80/month because I am disabled and only get $20/week!!!!!

      Default Gravatar
      nikkiangcoOctober 18, 2019

      Hi Sashi,

      Thanks for your comment. I’m sorry to hear about what you’re going through, I would feel the same way.

      To get started on finding loan options, go to the part of the page saying “Compare more short-term loan options.” Enter you state and you will find the lenders listed. You will find a table that compares the features and benefits of each lender such as max loan rate, interest and etc. This way it will be easier for you to see which provider fits you best. If you need further help, a quick guide on how to apply for a prepaid debit card as stated on the page. As a friendly reminder, carefully review the eligibility criteria of the loan before applying to increase your chances of approval. Read up on the terms and conditions and product disclosure statement and contact the bank should you need any clarifications about the policy.

      Hope this helps and feel free to reach out to us again for further assistance.

      Best,
      Nikki

    Default Gravatar
    ShannonSeptember 11, 2019

    Can you get a loan on a chime card?

      Default Gravatar
      nikkiangcoSeptember 13, 2019

      Hi Shannon,

      Thanks for getting in touch! With a prepaid debit card loan, your lender deposits your approved funds onto the card for immediate use. You can easily access your funds. To know if you can get a loan with a Chime card, you would need to contact the lender and see if they can accept Chime bank. It would be best to contact the customer service support of the lender directly for further assistance.

      Hope this clarifies and we hope they find a quick resolution for you!

      With care,
      Nikki

    Default Gravatar
    MaryJuly 20, 2019

    I NEED TO GET CASH NOW ON A PREPAID CARD. WHERE SHOULD I TRY TO APPLY FOR A LOAN? I HAVE A EMERGENCY AND NEED THE MONEY.

      Default Gravatar
      nikkiangcoJuly 22, 2019

      Hi Mary,

      Thanks for leaving a message on our page.

      There is more than one way to get fast cash with a prepaid card.

      1. Prepaid Debit Loans
      2. Direct Lenders – These providers lend you money directly and service your loan payments — no middle-man.
      3. Loan connection services – they help connect you with lenders willing to provide you the funds based on your preferences and the lenders’ criteria

      Once your lender transfers your money to your card, you can use it to shop for groceries and more at stores, pay your bills online or over the phone, even withdraw cash at an ATM.

      As a friendly reminder, carefully review the eligibility criteria of the loan before applying to increase your chances of approval. Read up on the terms and conditions and product disclosure statement and contact the bank should you need any clarifications about the policy.

      Hope this was helpful. Don’t hesitate to message us back if you have more questions.

      Best,
      Nikki

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