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Understanding prepaid cards

Updated

Students play a game and answer questions to learn about prepaid cards and explore whether they’d consider using them.

Big idea

Not all prepaid cards are the same. Each card has its own set of terms and fees. 

Essential questions

  • What are the different types of prepaid cards? 
  • What fees and features are associated with prepaid cards? 

Objectives

  • Understand the difference between prepaid cards and debit or credit cards 
  • Evaluate the features or fees of a prepaid card in a real-world scenario 

What students will do

  • Play a game to learn about prepaid cards.  
  • Reflect on what types of prepaid cards they might consider using now or in the future.

Download activity

Teacher guide

cfpb_building_block_activities_understanding-prepaid-cards_guide.pdf

Student materials

cfpb_building_block_activities_understanding-prepaid-cards_handout.pdf

Note: Please remember to consider your students’ accommodations and special needs to ensure that all students are able to participate in a meaningful way.