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Get a payday loan on a prepaid debit card

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Borrow money and have it loaded onto a debit card, not your bank account.

Sometimes it’s the little things that prevent you from getting a leg up in a financial emergency. When you’re looking for a little cash to bridge the gap between paydays, not having a valid bank account for direct deposit could prevent you from getting a loan.

But that trend is changing. Today, you’ll find short-term lenders combining access to fast cash with the convenience of a prepaid debit card. These debit cards are typically branded with Visa or Mastercard, offering the flexibility to pay bills or swipe for necessities at retailers nationwide.

Here’s what to know about prepaid debit cards that can help you access your loan funds without a bank account or strong credit.

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

Check out our no-bank-account loans guide to compare available options. The lenders on this page require you to have a bank account.

Speedy Cash Short-term Loans

Our pick for debit card loans: Speedy Cash

Approved loan funds are loaded onto an exclusive Opt+® Visa® card, with in-store pickup as soon as the next business day.

  • Loan amounts: $100–$5,000, depending on your state of residence
  • Loan term: Varies by state
  • Available in the following states: AL, AK, AZ, CA, CO, DE, HI, IL, ID, KS, LA, MO, MS, ND, NM, NV, OK, RI, TN, TX, UT, VA, WI, WY
  • Turnaround time: As soon as next business day
  • Requirements: Must be 18+ years old (19+ in AL) and have valid ID, proof of steady income, an open checking account and working phone number.

    How does a prepaid debit card loan work?

    With a prepaid debit card loan, you apply for your short-term loan either online or in a store. If you’re approved, your lender transfers your approved funds into an eligible loan account. It then registers a prepaid debit card with that account, either handing it to you in person or mailing it to your home.

    You’ll typically need to register the card in your name, either in person, by phone or online. Because most prepaid cards are either Visa or Mastercard, you can then begin using your card as you would any other type of credit card. Use it at retailers, utilities or even ATMs to withdraw your cash — wherever and whenever you need it.

    Can I reuse the prepaid card for another loan?

    Yes. If you need a loan in the future, you’re often able to receive your funds on the same card for a fee, sometimes even with a different lender.

    And you’re not limited to receiving only payday loans to your debit card. You can often set it up to receive direct deposits, providing quick access to your paycheck, government benefits or tax refunds.

    Compare more short-term loan options

    Rates last updated October 21st, 2018
    Unfortunately, none of the short term loan providers currently offer loans in your state. Learn more about short term loans in your state to find an alternative.
    Name Product Product Description Max. Loan Amount Turnaround Time Requirements
    Speedy Cash Short-term Loans
    Get a short-term loan online, in-store or via phone. Approved funds can be loaded onto an Opt+® Visa® prepaid debit card, subject to state availability.
    $5,000
    As soon as next business day
    Must be 18+ years old (19+ in AL) and have valid ID, proof of steady income, an open checking account and working phone number.
    ACE Cash Express Payday Loans
    Quick payday, installment and title loans with no prepayment penalty and a 72-hour satisfaction guarantee. Funds can be loaded on an ACE Elite™ Visa® Prepaid Debit Card.
    Varies by state
    Generally receive the money the next business day
    Must be 18+ years old, have a steady source of income and a checking or savings account. Must not be a debtor in bankruptcy.

    Compare up to 4 providers

    These providers lend you money directly and service your loan payments — no middle-man.
    Rates last updated October 21st, 2018
    Unfortunately, none of the short term loan providers currently offer loans in your state. Learn more about short term loans in your state to find an alternative.
    Name Product Product Description Max. Loan Amount Turnaround Time Requirements
    CashUSA Installment Loans
    A connection service for quick cash loans up to $10,000.
    $10,000
    As early as 1 business day
    Must have a monthly income of $1,000+ after taxes and valid checking account.
    OppLoans Installment Loans
    Installment loans with competitive rates from a top-rated direct lender.
    $5,000
    1 business day
    Must have direct deposit and meet minimum income requirements.
    LendYou Short-term Loans
    Apply online with this loan-connection company offering unrestricted short-term loans at high maximums — fast turnaround.
    $15,000
    1 business day
    You must be a US citizen or permanent resident, age 18+ and have a regular income.
    Check into Cash Payday Loan
    With 1,000 branches in 30 states, get $50 to $1,000 in days from this direct lender.
    $1,000
    1–2 business days
    You must be at least 21 and an American citizen and have a bank account, email address and phone number.
    CashNetUSA Loan
    Apply for a short-term loan with an easy online application and dedicated customer service.
    Varies by state
    1 business day
    You must be a US citizen or permanent resident, be at least 18 years old and have regular income and a bank account.
    Jora Installment Loans
    Installment loans with repayment terms up to 30 months, depending on your state.
    $2,600
    1–2 days
    Must have an active checking account, regular source of income and email address.
    ACE Cash Express Payday Loans
    Quick payday, installment and title loans with no prepayment penalty and a 72-hour satisfaction guarantee. Funds can be loaded on an ACE Elite™ Visa® Prepaid Debit Card.
    Varies by state
    Generally receive the money the next business day
    Must be 18+ years old, have a steady source of income and a checking or savings account. Must not be a debtor in bankruptcy.

    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.
    Rates last updated October 21st, 2018
    Unfortunately, none of the short term loan providers currently offer loans in your state. Learn more about short term loans in your state to find an alternative.
    Name Product Product Description Max. Loan Amount Turnaround Time Requirements
    BadCreditLoans.com
    With straightforward, simple qualifications, these loans offer easy approval for people with poor credit.
    $5,000
    Varies
    Depending on lender requirements, people from all 50 states may not be eligible for a personal loan.
    LendYou Short-term Loans
    Apply online with this loan-connection company offering unrestricted short-term loans at high maximums — fast turnaround.
    $15,000
    1 business day
    You must be a US citizen or permanent resident, age 18+ and have a regular income.
    CashAdvance.com Payday Loans
    Whether for emergencies or unexpected expenses, this provider may be able to connect you among its nationwide network of lenders.
    $1,000
    1–2 business days
    You must be at least 18 years old with take-home monthly income of at least $1,000 after taxes.
    Slam Dunk Loans
    Potentially get approved for a short-term loan through this lender-connection service, even with poor credit history.
    $2,500
    As soon as next business day
    Must be employed, receive regular income, earn at least $800 a month, have a checking account, be 18+ yrs old and a US citizen.
    TriangleCash Payday Loans
    If you have bad credit or no credit history, apply to be connected to a network of lenders for funding at rates that vary by state.
    $1,000
    As soon as next business day
    You must be a US citizen, at least 18 years old, and have a valid bank account.
    LoanSolo.com Payday Loans
    Potentially get connected with a legit lender offering convenient payday loans and quickly get funds.
    $1,000
    As soon as one business day
    You must be 18+ years old, legally work and live in the US, have a bank account in your name and be employed with sufficient income.

    Compare up to 4 providers

    Top 6 reasons to consider a prepaid debit card payday loan

    A prepaid debit card offers the flexibility to discreetly spend your payday loan funds anywhere your card is accepted. Here’s what we consider the top six reasons you might benefit from this type of loan:

    1. You don’t always need a bank account. With a prepaid debit card loan, your lender deposits your approved funds onto the card for immediate use.
    2. You can easily access your funds. 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.
    3. You can set up your card for other deposits. Most prepaid cards can receive direct deposits, offering a way to quickly access to your paycheck, tax refunds and government benefits.
    4. You could earn rewards with the right card. Some prepaid card providers allow you to earn cash rewards with your spending.
    5. You can choose from multiple lenders. If you live in a state where payday loans are legal, you’ll find lenders to choose from. Compare the ease of applying and turnaround to find the best option for your needs.
    6. You can use your money however you’d like. What you do with the loan is up to you. Use it for car repairs, forgotten bills or to get by until payday.

    What are the benefits and drawbacks to consider?

    How a prepaid debit card can help

    • No bank account required. You’ll find lenders that approve loans for borrowers who don’t have a bank account.
    • Poor credit is OK. As long as you can demonstrate your ability to repay your loan, your credit score isn’t the biggest factor for approval.
    • Quick access to funds. Most lenders can transfer your money by the next business day. If you’re a repeat borrower, you may already have the prepaid card to load your funds.

    What to look out for

    • High fees. Payday loans charge considerably higher fees than other types of loans, resulting in a costly form of credit.
    • 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.

    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 and interest rates. Late or missed payments can lead to additional fees and stiff penalties. And default 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.

    To apply for a payday loan:

    • You must be a US citizen or permanent resident.
    • You must be at least 18 years old (or the age of majority in your state)
    • You must be able to prove a steady source of income.

    When applying, you typically must submit:

    • Your name and personal contact information.
    • Your Social Security number and date of birth.
    • Government-issued ID, such as your driver’s license.
    • Your employment status and income details.

    Can’t I have my loan funds deposited into a friend’s account?

    No. You need to have an active bank account in your name — not just any bank account. Lenders typically check this before approving your application. If you don’t have a bank account, one of your options is applying for a small-dollar loan loaded on to a prepaid debit card.

    What do I do if my application is denied?

    Applying through a loan connection service could increase your chances of approval, as these providers have a large network of lenders that offer loans with varying eligibility criteria.

    A lender could deny your application for a number a reasons. Common rejection reasons include: living in an ineligible state and not having sufficient income. If you’re denied because of your state of residence, visit our payday loan state directory to find loan options available in your state. If you’re denied because of insufficient income, consider looking at lenders who accept applicants who are unemployed or receive welfare.

    Compare loan options now

    Bottom line

    You don’t need to have a bank account to get a payday loan. Your options may be limited, but you can find lenders willing to work with you.

    Whether you decide to get a prepaid debit card loan or cash from a storefront, it’s important to consider how you’ll be able to repay it. Missing payments or defaulting on the loan will lead to extra fees and charges on top of possibly damaging your credit. Be sure you’re able to repay whatever you borrow quickly before you sign a contract.

    Are payday loans available in my state?

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    267 Responses

    1. Default Gravatar
      CynthiaOctober 4, 2018

      What online loan companies can I use for bad credit no checking account only a debit card

      • finder Customer Care
        johnbasanesOctober 5, 2018Staff

        Hi Cynthia,

        Thank you for leaving a question.

        You may want to visit this PAGE to be routed to our article on “Bad credit and need a loan? You have options”. Depending on the state that you are in, there may be providers that have online applications where you get the results in minutes. Kindly review and compare your options on the table displaying the available providers. Once you have chosen a particular provider, you may then click on the “Go to site” button and you will be redirected to the provider’s website where you can proceed with the application or get in touch with their representatives for further inquiries you may have.

        Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you. Hope this helps!

        Cheers,
        Reggie

    2. Default Gravatar
      DavidSeptember 27, 2018

      How long does my checking account have yo be open to get a payday loan the same day in Wisconsin?

      • finder Customer Care
        CharisseSeptember 27, 2018Staff

        Hi David,

        Thanks for reaching out to finder.

        Generally, the checking account is a way for the lenders to verify your income and your permanent address however, there is no specific information on any duration requirement that the checking account should be open. You need to contact the lender directly for further information on this.

        Hope this helps.

        Cheers,
        Charisse

    3. Default Gravatar
      MayleeSeptember 25, 2018

      I have no bank account an in need of an emergency loan!?!?

      • finder Customer Care
        joelmarceloSeptember 25, 2018Staff

        Hi Maylee,

        Thanks for leaving a question on finder.

        Without a checking or savings account, your loan options may come up short. But alternative services could be a way for you to bridge a financial gap without the need for your local bank. To compare from lenders who might help you, please click HERE.

        Please send me a message if you need anything else. :)

        Cheers,
        Joel

    4. Default Gravatar
      AliceSeptember 14, 2018

      Iam recieving SSI. Every month my money is direct deposit on my Direct Express Debit card can i get a payday loan

      • finder Customer Care
        CharisseSeptember 15, 2018Staff

        Hi Alice,

        Thanks for reaching out to finder.

        Yes, you can apply for a payday loan even if you are receiving SSI benefit. Generally, lenders offering payday loans require their applicants to have a steady source of income and most lenders consider SSI benefit as a form of income. These lenders do not always require the borrowers to have a bank account as well, so having a prepaid debit card will still suffice.

        However, before applying, it’s always good to check the lender’s eligibility criteria and also read relevant documents with the loan term agreement to help you decide if it best suits your needs.

        I hope this helps.

        Cheers,
        Charisse

    5. Default Gravatar
      AngelaJuly 31, 2018

      How long does it take to get prove for a small loan

      • finder Customer Care
        joelmarceloJuly 31, 2018Staff

        Hi Angela,

        Thanks for leaving a question on finder.

        Most lenders can transfer your money by the next business day. If you’re a repeat borrower, you may already have the prepaid card to load your funds. Please send me a message if you need more help. :)

        Cheers,
        Joel

    6. Default Gravatar
      Ta-NaeJuly 24, 2018

      Can I get A payday loan without a checking account?

      • finder Customer Care
        joelmarceloJuly 25, 2018Staff

        Hi Ta-Nae,

        Thanks for leaving a question on finder.

        You can check out our no-bank-account loans guide to compare available options. The lenders on this page require you to have a bank account. Once you have decided on the suited loan for your needs, you may click on the green ‘Go to site’ button to submit your application or know more about the loan offer.

        Cheers,
        Joel

    7. Default Gravatar
      RyanJuly 14, 2018

      I draw disability $853 a month I need to loan $500 my credit isn’t good and my money comes on a Direct Express Card can I still get a loan even though I don’t have a bank account and just comes on the card

      • finder Customer Care
        JoshuaJuly 24, 2018Staff

        Hi Ryan,

        Thanks for getting in touch with finder. I hope all is well with you. :)

        The answer to your question is yes. It is still possible for you to obtain a loan by using your prepaid debit card. Since you mentioned you receive disability, then you may find more options on this page. That page lists some of the loans available for people who receive a pension.

        I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

        Have a wonderful day!

        Cheers,
        Joshua

    8. Default Gravatar
      stephanieJune 18, 2018

      I have a prepaid visa netspend card. can I use it

      • finder Customer Care
        nikkiangcoJune 19, 2018Staff

        Hi Stephanie!

        Thanks for your message and for visiting finder.

        You can use prepaid card as long as its a visa or mastercard.

        Hope this helps!

        Cheers,
        Nikki

      • Default Gravatar
        LaahawnJuly 9, 2018

        Hello I’m trying to see can I get a loan with low credit score I need help

      • finder Customer Care
        joelmarceloJuly 10, 2018Staff

        Hi Laahawn,

        Thanks for leaving a question on finder.

        Having poor or bad credit — one that’s below 580 — can make it more difficult to qualify for a personal loan, but not impossible. You might have to pay higher interest rates than other borrowers, and you’ll probably need to apply with a lender that looks at more than your credit score to qualify.

        Please look through our guide to find the top online loans for bad credit borrowers HERE.

        Cheers,
        Joel

      • Default Gravatar
        MichaelAugust 6, 2018

        I have a net spend card who is a good lender that will put money on my card an not have a bank account my checks r deposited on my card so I don’t need a bank

    9. Default Gravatar
      ChristieJune 4, 2018

      Can you put a loan on my green dot card iam in nebraska

      • finder Customer Care
        JoshuaJune 5, 2018Staff

        Hi Christie,

        Thanks for getting in touch with finder.

        The answer to your question is yes. You can use your Green Dot Debit Card to receive your payday loan. However, Please note that we don’t represent any company we feature on our site and so you need to directly get in touch with them when applying for a loan.

        On this page, you will see a table that allows you to conveniently compare your options. Once you find the right one for you, click on the “Go to site” green button to learn more or initiate your application.

        I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

        Have a wonderful day!

        Cheers,
        Joshua

    10. Default Gravatar
      BsoardMay 25, 2018

      I have a prepaid walmart card that has my name on it can i get a payday loan on that without a banl account

      • finder Customer Care
        AshMay 26, 2018Staff

        Hi Bsoard,

        Thank you for visiting finder.

        For the Cash Central payday loan, the approved loan amount is credited to a Green Dot® prepaid card. With regards to Speedy Cash, they offer 3 types of Opt+® debit cards which are Monthly Card, Direct Deposit Card and Pay as You Go Card.

        Unfortunately, Walmart Prepaid Card is not accepted by both Lenders.

        I hope this helps.

        Let us know if there is anything else that we may assist you with.

        Cheers,
        Ash

    US Payday Loans Offers

    Important Information*
    Slam Dunk Loans

    Potentially get approved for a short-term loan through this lender-connection service, even with poor credit history.

    LendUp Payday Loans

    LendUp offers $250 loans for first-time borrowers. Good credit is not required. Visit the site to see if available in your state.

    Check into Cash Payday Loan

    With 1,000 branches in 30 states, get $50 to $1,000 in days from this direct lender.

    OppLoans Installment Loans

    Installment loans with competitive rates from a top-rated direct lender.

    Go to site