Green Dot prepaid credit cards are a great benefit to a lot of people who need a way to make online purchases. Unfortunately like most credit cards the risk of fraud is always present. Therefore it is important that you know what kind of steps the card provider has taken to protect you. In the case of Green Dot the protections are a lot better than you would get from most other credit cards.
The main way that Green Dot cards protect customers is that since the card is not really a credit card there is a limit to the amount that can be stolen from you if somebody gets hold of your card number. With a credit card they can run up huge amounts of debt that could take you years to pay off, not so with a Green Dot card. In this case they can only spend as much as you have deposited on the card. This is obviously still a problem but not nearly as bad as it would be with a credit card.
The other big protection that you get from having a Green Dot card instead of a credit card is that there is no personal information included with the card. That means that the card can't be used to steal you identity. If somebody gets access to your credit card not only can they use it run up debt but they can actually use the information that comes with it to open new accounts. This is something that can't happen with a prepaid card since there is no information available that a thief could use to open an account.
Like most credit cards Green Dot also offers liability protection should your card be stolen. That means that you are not responsible for any purchases that are made if somebody else gets a hold of your card. This is a great protection but actually taking advantage of it is a bit of hassle. Like most credit cards they are going to want proof that the card was stolen and that you are not just trying to cheat them. Therefore it is best not to find yourself in the situation of having to deal with this.
While Green Dot cards do offer you protection against theft you do have to make sure that you protect yourself as well. No credit card can offer an absolute guarantee that you will be protected in all situations. That means that you need to make sure that you protect your card and make sure that nobody else has access to it or knows what the card number is. In reality you should treat you card like it is cash and make sure that it is safe. This combined with the protection that Green Dot offers will help to keep you safe.