How to Transfer One Prepaid Card Balance to Another

Prepaid cards are debit cards with little to no credit benefits. These cards have logos of well-known credit card companies like Master Card and Visa, which means that you can use them to make purchases at online stores or brick-and-mortar stores. However, they do attract individuals who have little or no access to a bank. Since the monthly fees, transaction fees and miscellaneous fees can be expensive, you may want to transfer your balance to a less-expensive prepaid card. It is as easy as going to your nearest ATM.

• 1

  Visit an ATM that supports your old prepaid card. Enter your PIN number and select "Withdraw." Withdraw the amount of money you want to transfer to your other prepaid card.

• 2

  Apply for a prepaid card if you have not already. Wait for your new prepaid card to arrive in the mail. Follow the instructions for activating your card and setting up a PIN number.

• 3

  Visit an ATM machine. Place your money in a deposit envelope. Write the amount of money and your prepaid account information.

• 4

  Insert your new prepaid card into the ATM machine. Enter your PIN number and select "Deposit." Deposit the amount of cash you want to put on your card.