What type of card allows for spending only up to the amount loaded onto it?

A pre-paid card is specifically designed for spending only the amount that has been pre-loaded onto it. This type of card is ideal for budgeting, as it prevents users from incurring debt or overspending, making it a popular choice for those who want to maintain control over their financial limits. Unlike credit cards, which allow users to borrow money up to a certain limit and pay it back later, or debit cards, which draw funds directly from a bank account, pre-paid cards require users to load money onto them in advance. Charge cards are similar to credit cards but require full payment each month, rather than allowing users to carry a balance. Pre-paid cards thus serve a unique purpose, catering to individuals looking for a straightforward way to manage their spending without the risk of borrowing or overdraft.