NOTE TO BANKS – A Prepaid Gift Card is NOT A Debit Card

Several times I have received a gift card or a prepaid card that clearly says “DEBIT CARD” on the card above the VISA or MasterCard logo.  But NOOOO…..

giftcard

When I go to use it I have to say it is a Credit Card because it does not have a pin number.

Why don’t the banks put the following on the card?

PREPAID CARD (use like Credit Card)

You would think the banks making billions of dollars a year could figure this out.