Green Dot and American Express Serve are examples of reloadable prepaid debit cards.

Green Dot and American Express Serve are examples of reloadable prepaid debit cards.

• A. Green Dot and American Express Serve.
• B. Chase and Wells Fargo.
• C. PayPal and Venmo.
• D. Apple Card and Google Wallet.

Answer: (A)

Reloadable prepaid debit cards are cards you fund before spending and can reuse by loading more money later, rather than drawing from a linked bank account or borrowing funds. Green Dot and American Express Serve fit this idea because they are issued as prepaid cards where the spending limit is the amount you’ve loaded, and you can reload them whenever you want. The other options don’t match this pattern: traditional banks like Chase and Wells Fargo offer debit cards tied to checking accounts, not prepaid reloadable cards; PayPal and Venmo are digital wallets (and while they may offer cards, they’re not the classic reloadable prepaid type); Apple Card is a credit card that borrows funds up to a limit, and Google Wallet is a digital wallet service rather than a standalone prepaid card.

Reloadable prepaid debit cards are cards you fund before spending and can reuse by loading more money later, rather than drawing from a linked bank account or borrowing funds. Green Dot and American Express Serve fit this idea because they are issued as prepaid cards where the spending limit is the amount you’ve loaded, and you can reload them whenever you want. The other options don’t match this pattern: traditional banks like Chase and Wells Fargo offer debit cards tied to checking accounts, not prepaid reloadable cards; PayPal and Venmo are digital wallets (and while they may offer cards, they’re not the classic reloadable prepaid type); Apple Card is a credit card that borrows funds up to a limit, and Google Wallet is a digital wallet service rather than a standalone prepaid card.