I see a lot of people using pre-paid credit cards. You can just roll into Walgreen's, flop cash on the counter, and "charge up" your card.

Those pre paid credit cards come with their own substantial fees, and usually are without rewards or purchase protections.

I’m not entirely sure what you’re getting at?

Having looked over a few the fees aren't any different than what you'd expect at a commercial bank like Wells Fargo. Many do come with rewards, often tied to the network of stores that issues them. Purchase protections aren't universal on standard cards.

> I’m not entirely sure what you’re getting at?

That debit cards aren't inherently safer than credit cards and this is reflected in the scope of available products.

Agreed.

> debit cards are still very popular for people who need to control every dollar,

But that's terrible advice. Debit cards will debit immediately from your account and you may know that banks are very creative in re-ordering transactions to inflict you maximum pain.

You have $1000 balance and on the same day issue payments for $10, $20, $30, $40, $50 and $999. If the bank processes those in the same order you get hit with one overdraft fee when the final $999 payment goes through.

But no, the bank will rearrange that to process $999 first, and hit you with five overdraft fees. So nice of them. I mean nice for them.

With a credit card the payments are buffered away from your balance and you can choose when to pay it.

>You have $1000 balance and on the same day issue payments for $10, $20, $30, $40, $50 and $999. If the bank processes those in the same order you get hit with one overdraft fee when the final $999 payment goes through.

>But no, the bank will rearrange that to process $999 first, and hit you with five overdraft fees. So nice of them. I mean nice for them.

According to[0/PDF] the Consumer Financial Protection Bureau (CFPB)[1], reordering transactions in that way is illegal.

[0] https://files.consumerfinance.gov/f/documents/cfpb_unanticip...

[1] N.B.: The CFPB is a US Government agency.

Edit: I'd clarify that I am not claiming that this sort of transaction doesn't happen, but rather that it's not a new issue and happens often enough that the CFPB felt it important enough to publicly opine about its illegality several years ago.

Additional Edit: Added more context from parent comment to make their point (to which I certainly wasn't in disagreement) clearer. Apologies for any confusion.

In the US that's been illegal since the late 90's, you need to update your information.

And yet, it happens.

https://www.cbsnews.com/news/nearly-half-of-banks-still-reor...

But you're absolutely correct, people act as if CC's don't have the inherent risk of going into debt, not as bad but similar to a pay-day loan. People throw around the word privilege, but it applies here.