Prepaid Cards
(01/01/21 - 12/31/21)
A prepaid card, prepaid debit card, or a stored-value card is a card that is purchased with a customer’s own funds. These types of cards may be purchased from a retailer, bank, business, or company. These types of cards do not draw money from a financial account.
The balance on a prepaid card is countable as a cash resource.