Editor's choice: Check Into Cash Payday Loan
- Safe, secure application
- Use the money for any purpose
- Receive funds as soon as next business day
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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.
| Lender | Loan amount | How it works | Requirements | |
|---|---|---|---|---|
| Check into Cash | $50 – $1,000 | Receive government benefits and your paycheck up to 2 days in advance after connecting your accounts. | Bank account, email address, phone number, US citizen or permanent resident, ages 21+ | |
| Ace Cash Express | Varies by state | Connect 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. | Read review |
Compare more short-term loans
These providers lend you money directly and service your loan payments — no middle-man.
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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.
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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.
What's in this guide?
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.
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
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
What do I do if my application is denied?
A lender could deny your application for several reasons, including:
- Not a resident of eligible state. If this is the case, check out our payday loan state directory to find loan options available in your state.
- Insufficient income. Instead, consider looking at lenders that accept applicants who are unemployed or receive government benefits.
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.
Frequently asked questions
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Ask an Expert
I need a 500 loan on my Netspend card. How do I get one fast?
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
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.
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
I need a $1,000 loan and pay no more than $80/month because I am disabled and only get $20/week!!!!!
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
Can you get a loan on a chime card?
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
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.
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
Which payday loan company deposit on to Netspend prepaid card?
Hi Rene,
Thank you for getting in touch with Finder.
On this page you’re looking at, kindly choose your state to know first the lenders that you may apply for a loan in your area. Since lenders supply a new debit card for approved loans, they typically partner with certain prepaid card providers. Kindly check with the lender you’re interested in to see if NetSpend is one of their partners.
I hope this helps.
Thank you and have a wonderful day!
Cheers,
Jeni
Can I get a payday loan with a Paypal card?
Hi Luis,
Thank you for getting in touch with Finder.
You may get a payday loan with your Paypal Mastercard debit card. Please note that some lenders might supply a new debit card that they typically in partner with. Please check with the lender you’re interested in to see if they may send your fund to your Paypal card.
I hope this helps.
Thank you and have a wonderful day!
Cheers,
Jeni
Hey,
I was wondering what if you just started a job, can you still get a loan?
Hi Rodney,
Thank you for getting in touch with Finder.
You may still get a loan if have just started a job. Basically, lenders will require access to your banking history and financial documents in order to verify that you’ll be able to repay your loan. Every lender has its own minimum income requirement. It can vary from a few months’ employment to simply having proof of regular income. Our personal loans for new employees page will help you compare and see which lender suits you. Check the minimum time employed column to see which lender you may apply for a loan with. You may click on the green Go to site button of the provider to be redirected to their official page where you may start your online application. Please make sure that you’ve read the relevant T&Cs or PDS of the loan products before making a decision and consider whether the product is right for you.
I hope this helps.
Thank you and have a wonderful day!
Cheers,
Jeni
Can you use the cash app card it has a routing number
Hi Peggy,
Thanks for getting in touch with Finder! To get a payday loan, you’d need a physical prepaid card and unfortunately, cash apps won’t be accepted. Hope this clarifies!
Best,
Nikki
I would like to try to get a loan on pre-paid debit card. I just got one
Hi Valerie,
Thanks for getting in touch! The information above shows how you can apply for a loan with a prepaid debit card. Start by checking the lenders on our page above. As a friendly reminder, 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!
Best,
Nikki