~Out-of-network ATM withdrawal fees may apply except at MoneyPass ATMs in a 7-Eleven, or any Allpoint or Visa Plus Alliance ATM. Charges a $9.95 monthly fee and $3 ATM fee. Our content is intended to be used for general information purposes only. If you buy a prepaid card online, you might be issued a virtual card to use until you get your new card in the mail. He is a former litigation attorney in the securities field and the Founding Editor of Forbes Advisor. Some banks and local credit unions also sell prepaid cards. We believe everyone should be able to make financial decisions with confidence. Something went wrong. It works with Apple Pay, and there are no transaction fees, foreign transaction fees or overdraft fees. February 27, 2023 . How To Find The Cheapest Travel Insurance. The PayPal Prepaid MasterCard is a prepaid credit card offered by PayPal, the popular online payment platform. Clients have told me from time to time about very creative strategies to hold and spend cash off the books. If you need todeposit cash, you can visit one of Movo's 3.5 million in-network ATMs or swing by your local CVS, Walgreens or 7-Eleven (and some grocery stores). Some issuers provide access to instant debit cards online that use virtual card numbers. When evaluating offers, please review the financial institutions Terms and Conditions. Walmart MoneyCard Visa with Cash-Back Rewards, Walmart MoneyCard MasterCard with Cash-Back Rewards, Netspend Small Business Prepaid Mastercard, Netspend Prepaid Mastercard Proud Partner of MLB, Fifth Third Access 360 Reloadable Prepaid Card, CUMONEY Visa Everyday Spend Prepaid Card, Unlimited Cash Back Bank Account by Green Dot, Community Financial Resources Prepaid Debit Card. There are no costs for activation or inactivity. We constantly monitor our competition, user activity, and journalistic awards. This card is available in the 11 states where there are Fifth Third branches, which is the only place you can get the card. , Starbucks Rewards Visa Prepaid Card, TD Connect Reloadable Prepaid Visa Card. annual percentage yield. But you're the final judge. For prepaid debit cards, you load the card with money when you get it, then use it to make purchases. Earn up to 1% cash back. You simply have to load money onto the prepaid card, and each transaction will reduce the balance amount. Message. We promise to do whatever is necessary to get you the information you need when you need it, to make our opinions fair and useful, and to make sure our facts are accurate. Free reloads and ATMs. Prepaid debit cards come with a variety of fees that add to the cost. Simply load money onto your card with a mobile app or participating ATM, then spend that money anywhere that accepts debit card payments. * It can be waived, however, each month you have a direct deposit of at least $500. As such, they do not help you improve your credit score. How to pick the best prepaid debit card for you? Ink Business Cash vs. NerdWallet Compare, Inc. NMLS ID# 1617539, NMLS Consumer Access|Licenses and Disclosures, California: California Finance Lender loans arranged pursuant to Department of Financial Protection and Innovation Finance Lenders License #60DBO-74812, Property and Casualty insurance services offered through NerdWallet Insurance Services, Inc. (CA resident license no. You can use these cards at any online or physical location that accepts debit cards. Charges monthly fees up to $7.95 and ATM fees up to $2.50. No charge from FamZoo, but ATM withdrawals will still cost you: Since FamZoo doesn't have any of its own ATMs, third-party ATM operator fees can apply. Cardholders enjoy perks like two-day early direct deposit on checks and a free custom card design. Our content may include summaries of insurance providers, or their products or services. Greenlight stands out for a feature that other prepaid cards lack: store-specific spending controls. Extra is a debit card, not a prepaid card. But if youre fee averse, youre not totally out of options the Bluebird American Express Prepaid Debit Account could be a solid choice for you. American Express Serve Cash Back: Get 1% cash back for every dollar spent with the Serve card. . ATM withdrawals: Free at ATMs in the MoneyPass network; $2.50 fee at other ATMs, plus any ATM operator fee. Parents can transfer funds instantly to a childs account, ideal when paying for chores or allowance. Prepaid cards, also called stored-value cards, include gift cards and reloadable debit cards. Theres no access to a nationwide retail network for adding cash; the card is only available in Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, North Carolina, Ohio, South Carolina, Tennessee and West Virginia; and the card doesnt have a separate savings feature. Access to Chase Mobile banking and account alerts. Carrying the plastic card is also safer than having cash in your pocket. For example, if you must have online bill pay, make sure the cards you consider offer this feature. She earned a bachelor's degree in history from the University of California, Berkeley and a master's degree in social sciences from the University of Chicago, with a focus on Soviet cultural history. Your spending limit is based on, among other things, the balance and history of your linked checking account. Thats not to say the card is perfect. The more significant difference between a prepaid or reloadable debit card and a credit card is that prepaid cards only give the cardholder access to their balance of preloaded funds. Performance information may have changed since the time of publication. Lastly, you can register your card to protect your funds against fraudulent charges. Written by: Eric Bank Edited by: Lillian Guevara-Castro Reviewed by: Ashley Dull Since its a Visa, the card is widely accepted. (888) 915-1973. To get the card you must link a bank account to the card. $4 monthly fee that's reasonably easy to waive. Use anywhere in the United States that accepts Visa. Note that a Chime Checking Account is required to open a savings account. Best for no monthly fees: Bluebird American Express Prepaid Debit Account Heres why: A lot of prepaid cards charge various fees. You dont need a bank account to get a prepaid debit card, but its a requirement for a regular debit card, which is linked to your checking account. Though we can't review every available financial company or offer, we strive to make comprehensive, rigorous comparisons in order to highlight the best of them. ATMs inside Publix stores and at 7-Eleven ATMs listed on the bank's website or mobile app; $2.75 fee at other ATMs, plus any ATM operator fees. If youre not careful, these charges can quickly add up and eat into your budget. No checks or cash can be deposited; no free ATM network; the daily purchase maximum per family account is $1,500 and daily ATM withdrawal limit is $100, which are much lower than average for prepaid cards. The RedCard pays 5% cash back on all purchases at Target. Prepaid debit cards might have fees or limits on deposits and withdrawals. The Walmart MoneyCard pays 3% cash back on purchases from walmart.com, 2% cash back Walmart fuel stations, and 1% cash back at Walmart stores, up to $75 a year in rewards.. You can use it once online, for example, and then dispose of it. Offers business and personal gift cards from $25 to $3,000. Depending on your issuers plan, you might pay a monthly fee between $5 and $10 or a fee per transaction, typically between $1 and $3. Each issuer sets different requirements for activating prepaid debit cards. Why trust NerdWallet: Our writers and editors follow strict editorial guidelines to make sure our coverage is fair and accurate, so you can choose the financial accounts that work best for you. Scroll down for more detail on each account. If they can find the bank account, they can garnish it. FamZoo is a family-friendly prepaid Mastercard that lets parents become virtual bankers for their kids, even those younger than 13. And once you've verified your email address, you can pay bills and set up recurring payments. You can schedule the transfers on a periodic basis to make money management even easier. best prepaid debit card to avoid garnishment. The fees for the Netspend card depend on the plan you choose and how you use the card. There is no monthly maintenance fee. Another Amex option is Serve. You will need a bank account to transfer funds -- you can't reload with cash like most prepaid cards. Direct deposit, bank transfer, cash load at Fifth Third branch or ATM. Theres no minimum deposit to open the account, and the monthly maintenance fee is waivable. Many or all of the products featured here are from our partners who compensate us. Here is a list of our partners and here's how we make money. Deposit methods: Direct deposit, bank transfer and mobile check deposit; add cash at retailers such as 7-Eleven and Walmart (the retailer may charge a fee) or at Walgreens for free. You can try the card for free for the first month. Some cards in this roundup have nonbank program managers that partner with banks. A prepaid card is a way to make purchases without using cash, credit or a paper check the card stores funds without connecting to an external banking account or line of credit. You can also take advantage of PayPal Payback Rewards and earn on qualifying purchases from select merchants. For many of these products and services, we earn a commission. These accounts provide another shot at mainstream banking and its perks. If youd prefer not to pay for purchases with cash, credit cards or funds in your checking account, give prepaid debit cards a try. Jamela Adam is a personal finance writer covering topics such as savings, investing, mortgages, student loans, and more. When choosing a prepaid debit card, make sure it meets your lifestyle and offers all the features important to you. Most prepaid cards will provide some services of a traditional checking account -- you can usually set up direct deposits, pay bills or deposit checks on your phone. Walmart MoneyCenters and Customer Service desks also offer fee-free cash withdrawals. It comes with the following: ATM withdrawals: $2.50 fee, plus any operator fees. He's written about personal finance and investing since 2007 and is the author of the highly acclaimed book, Retire Before Mom and Dad. If you need to build credit or have been denied a bank account, a prepaid debit card might not be the best option: , and if you can't get a regular checking account, try. American Express also offers direct deposits up to two days faster than scheduled. A prepaid debit card costs $0 to $10 to activate and has monthly fees up to $10. It's easy to get a Visa Prepaid card and there's . ACE Elite Visa Prepaid Debit Card, AccountNow Gold Visa Prepaid Card, American Express Serve, BB&T MoneyAccount, Bluebird by American Express, Boost Mobile Wallet Prepaid Mastercard, Brinks Prepaid Mastercard, Card.com Prepaid Card, CashPass Prepaid Mastercard, Commerce Bank mySpending Card, Control Prepaid Mastercard, Exact Prepaid Mastercard, FamZoo Prepaid Card, Fancard, FasterMoney, Fifth Third Access 360 Reloadable Prepaid Card, Fred Meyer Prepaid Card, Green Dot Prepaid Visa Card, Greenlight Prepaid Mastercard, H&R Block Emerald Prepaid Mastercard, Mango Visa Prepaid Card, MOVO Virtual Prepaid Visa Card, MyVanilla Prepaid Card, Netspend Visa Prepaid Card, NexsCard Visa Prepaid Card, Opt+ Prepaid Visa Card, PayPal Prepaid Mastercard, PNC SmartAccess Prepaid Visa Card, Regions Now Visa Prepaid Card, RushCard Prepaid Visa Card, Starbucks Rewards Visa Prepaid Card, TD Connect Reloadable Prepaid Visa Card, Walmart MoneyCard, Western Union Netspend Prepaid Card. American Express Serve FREE Reloads - Best for Cash Users. General fees and features: $4.99 to $9.98 per month, depending on selected plan (more expensive plans include features like investing education and identity theft protection); no costs for activation, inactivity or account closure. Serve American Express Prepaid Debit Account, Do Not Sell or Share My Personal Information, Starbucks Rewards Visa Prepaid Card From Chase, Western Union Netspend Mastercard Prepaid Card. We do not transact in the business of insurance in any manner, and we are not attempting to sell insurance or asking or urging you to apply for a particular kind of insurance from a particular company. You can also open a linked Chime savings account and set up automatic transfers. We all know that Amex isnt accepted as widely as Visa/MasterCard (see above for those options). In general, creditors can't garnish a Visa or Mastercard prepaid card. Our ratings take into account a product's rewards, fees, rates and other category-specific attributes. Greenlight Prepaid Mastercard: Best for parents (tie). Savings will earn 2% APY on up to $1,000 on the card enrollment anniversary. Direct deposit, bank transfer and mobile check deposit; add cash at retailers such as 7-Eleven and Walmart (the retailer may charge a fee) or at Walgreens for free. Top 5 Best Prepaid Debit Cards 2023. Open-looped Prepaid Cards Linked to Social Security Number (SSN). Ruth Sarreal is a content management specialist covering consumer banking topics at NerdWallet. The best will depend on the features you need and how youll use the card. So dont forget to compare the benefits and fees of the best prepaid debit cards before making a decision. ConsumerAffairs is not a government agency. For no monthly fee, you get both a spending and savings account. They can pay interest to their young ones to encourage savings. Activate merchant deals in the app to receive cashback on eligible purchases. CNET editors independently choose every product and service we cover. For features, we looked at each cards money management tools, mobile apps, and customer service. CNETs compensation is never tied to whether you purchase an insurance product. Offers travel protection and 24/7 customer service. It offers free direct deposit, cash loads at more than 130,000 locations, and a relatively low monthly fee. The card allows consumers to pay bills, set up recurring payments, transfer money and performother banking services. Editorial Note: We earn a commission from partner links on Forbes Advisor. The Greenlight debit card is available for kids of all ages and provides tutorials about money management. Downsides: No free ATM network; maximum monthly fee is higher than average; no mobile check deposit feature. Add funds. Cardholders get the most out of the Walmart Money Card when they use it at Walmart. (Retailers other than Walmart may charge up to $3.95.). Prepaid debit cards are a good alternative to a traditional checking account. ", "Mobile Check Deposit eligibility is determined by Chime in its sole discretion and may be granted based on various factors including, but not limited to, a member's direct deposit enrollment status.". Must have $0.01 in savings to earn interest. Prepaid debit cards usually are associated with major credit card issuers such as Visa, Mastercard or American Express, and they can be used where standard credit cards are accepted. No credit check. For example, some advertisers pay us to display ads, others pay us when you click on certain links, and others pay us when you submit your information to request a quote or other offer details. Prepaid cards make a lot of sense for some people, especially for those who live in underbanked communities. This low-fee prepaid card is ideal for those who frequent Walmart. The content has not been reviewed, If a popular product is on store shelves, you can count on CNET for immediate commentary and benchmark analysis as soon as possible. A traditional debit card is linked to a bank account, so any purchases you make using your debit card will be withdrawn from your bank account. The 5% cash back applies to in-store Starbucks purchases and speciality gift cards. But prepaid cards come with a number of fees you should keep your eye on, such as a monthly or reload fee. The Annual Percentage Yield (APY) for the Chime Savings Account is variable and may change at any time. The key is to focus on those fees you cannot avoid, such as monthly and transaction fees. And parents and teens can receive text alerts when certain transactions occur. How will we know if we're fulfilling our mission? Prepaid debit cards are issued by banks and usually have a Visa, Mastercard, Discover or American Express logo on them. A Greenlight account can have up to five subaccounts, so it works for a family. ConsumerAffairs.com makes no representation as to the accuracy of the information provided and assumes no liability for any damages or loss arising from its use. The Bluebird by American Express is one of the few prepaid debit cards on the market that charges no monthly fees or transaction fees, making using the card simple. Premier is an upgrade from Netspends starter prepaid debit card. Other services: Up to 5 subaccounts, no international ATM withdrawal fee. Website. Here is a list of our partners. Parents can also control whether their child can use the card at an ATM. financial product comparisons. Best prepaid cards Best for no monthly fee: Bluebird by American Express Best for cash back: American Express Serve Cash Back Best for cash reloads: American Express Serve FREE. The card comes with an online account center where you can manage your money. But in cases that involve government entities, student loans or child support . However, not all debt collectors follow these rules, so it's best to avoid postdated checks. Get more smart money moves straight to your inbox. Some fees, like ATM withdrawal fees, can be avoided by getting cash back at retailers. The card is issued by American Express, which isnt accepted everywhere that Visa and Mastercard are. You can prepay $59.99 for two years of FamZoo that works out to $2.50 per month. Service fees may apply to reload at stores. Plus, you can choose how much money you want to load onto a prepaid debit cardputting you in the drivers seat when managing your finances. Green Dot Prepaid MasterCard This is a card with a simple fee plan. To avoid surprises, consumers need to be aware of the types of fees levied and possible ways to avoid them. . See our list of the best savings accounts. Sign up and well send you Nerdy articles about the money topics that matter most to you along with other ways to help you get more from your money. The maximum balance on a Regions Now Card is $7,500, and the daily spending limit is $3,000 per card. You can create a family account with up to 4 additional cards, and setting spending limits on each card. Find out more here. Once you load money onto the card, you can make purchases, get cash from ATMs and reload the card whenever you need it. Remember, if you spend more than the available balance on the prepaid debit card, the transaction will be declined until you deposit additional funds. American Express Serve Pay As You Go: There is no monthly fee for this card. Best for a spending cushion . A prepaid debit card can serve as a budgeting tool or be a replacement for a bank account. Read more about PayPal Prepaid MasterCard, Read more about American Express Gift Cards. Prepaid debit cards are a good payment alternative for consumers who don't have a credit card and can't open a bank account or don't want one. Reload methods: Direct deposit; bank transfer; PayPal, Apple Pay, Venmo and Square Cash transfer; PopMoney transfer (for a fee); add cash at retailers like 7-Eleven and Walgreens that participate in the Reload @ the Register, MoneyPak and Mastercard rePower networks (about $5 retail fee). Multiple accounts under one plan, free and instant FamZoo card-to-card transfers, ability to lock and unlock FamZoo cards, budgeting tools. Our list of the best prepaid debit cards should satisfy just about any financial situation. Prepaid Card Any collection agency that accepts debit or credit cards can accept a prepaid card. Parents and turn a card off or on from the app. ATM withdrawals: Free at Fifth Third ATMs and ATMs in the Allpoint ATM network; free at Presto! Reloads are free through the Walmart MoneyCard app or at Walmart stores. The Truist Money Account is an excellent choice for those who want to keep their finances organized without worrying about extra fees. It goes to an FDIC-insured Checking account connected to the Chime app. Purchase price up to $3.95. To help you sift through the options, weve compiled our top picks of the best reloadable prepaid debit cards. But if you're fee averse, you're not totally out of options the Bluebird American Express Prepaid Debit Account could be a solid choice for you. It has not been provided or commissioned by any third party. Because the money you can spend is limited to the amount youve loaded onto the card, you cant overspend or rack up hefty overdraft fees. Chat with a ConsumerAffairs decision guide. You can also add money to the card with checks and MoneyPak or through direct deposit and bank transfers. Currently, they report to Experian and Equifax. For those who arent frequent users of prepaid debit cards, the pay-as-you-go plan from ACE Elite might make more financial sense than the $9.95 flat-fee plan. The one drawback to this card is that there are no free ATM withdrawalsthey cost $2.50 each. Prepaid cards are typically associated with a national card network, such as Visa, MasterCard, American Express or Discover. Directly deposit payroll, government benefits or tax return funds. Learn more about how prepaid debit cards work. There are no overdraft fees, credit fees, reload fees via direct deposit, or purchase fees when the card is used in the U.S. FamZoo also doesnt charge for in-network ATM withdrawals. All Rights Reserved. Instead, it functions like a gift card because you can only spend the money already loaded onto it. All rights reserved. Fifth Third Access 360 Reloadable Prepaid Card. Children see just their accounts while parents see all transactions from all family members. Bluebird by American Express: Best for avoiding fees. The monthly fee is $7.95, which cant be waived. American Express Serve offers three prepaid debit card options. In some cases, most fees can be avoided based on how you use the card. All of our top picks are authorized by ConsumerAffairs. No, a prepaid card is not a credit card or charge card. You use a prepaid card to make purchases in stores, shop online and pay bills. But generally, the options include adding cash at a retail register (often for a fee), adding funds by using an app to make a mobile check deposit, and by direct deposit, card-to-card transfer and bank transfer. Other prepayment plans also offer a discount. Posted on May 3, 2014. Best prepaid debit cards and alternatives: Summary, We analyzed four categories for each card: general fees and features, purchases and withdrawals, reload fees and options, and other services such as bill pay and savings accounts. Theres no monthly fee, but cardholders pay $1.50 per purchase. Scroll down for more detail on each account. You can set up direct deposit of your paycheck and automate savings with Chimes round-up feature.1 You can also automatically transfer a percentage of every paycheck into a linked savings account.1 A Chime Checking Account is required to be eligible for a Savings Account. Downsides: Theres no access to a nationwide retail network for adding cash; the card is only available in Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, North Carolina, Ohio, South Carolina, Tennessee and West Virginia; and the card doesnt have a separate savings feature. Pre-qualified offers are not binding. Some cards provide liability protection, cashback rewards and other benefits. Start by considering the costs associated with each prepaid debit cardsuch as monthly maintenance, ATM, foreign transaction and cash reload fees. From the website or app, you can send allowances, split payments, see balances and activity across all cards and set up text and email alerts. Generally, yes. The editorial content on this page is based solely on objective, independent assessments by our writers and is not influenced by advertising or partnerships. As long as you have a card, you can reload it online or at a retailer. No purchase fee. Payments can be split across multiple accounts. Read our Western Union Prepaid Card Review, Read our PayPal Prepaid Mastercard Review, Free direct deposit of paychecks, government benefits payments or tax refunds, With direct deposit, get paid up to 2 days faster, FDIC-insured savings account that pays up to 5% APY, Purchase Cushion: Netspend may cover you up to $10 if you fall short, Reload Locations: Load money at over 130,000 locations. Sure it meets your lifestyle and offers all the features you need and how youll the. Recurring payments, transfer money and performother banking services also offers direct deposits up to $ 2.50 at... Third ATMs and ATMs in a 7-Eleven, or any Allpoint or Visa Alliance... Cases that involve government entities, student loans, and more accounts under one plan best prepaid debit card to avoid garnishment free and FamZoo! Fees may apply except at MoneyPass ATMs in the securities field and the daily spending limit $... Types of fees that add to the card comes with an online account center where you can pay,! Out of the best reloadable prepaid debit card Rewards and other benefits the out. Isnt accepted everywhere that Visa and Mastercard are the Founding Editor of Forbes Advisor plan... That money anywhere that accepts debit or credit cards can accept a prepaid debit come. ( Retailers other than Walmart may charge up to $ 3,000 per card ATM withdrawal may! The benefits and fees of the best prepaid debit cards Serve cash back applies to in-store Starbucks purchases speciality... These products and services, we earn a commission be used for general information purposes only $ 9.95 monthly that. Spend the money already loaded onto it: there is no monthly fee that 's easy! Virtual card numbers on, among other things, the popular online payment platform or... Purchases and speciality gift cards from $ 25 to $ 3,000 operator fees instantly. Waived, however, each month you have a Visa prepaid card make. As monthly maintenance fee is $ 3,000 online payment platform Editor of Forbes Advisor can a. 3 ATM fee should be able to make purchases in stores, shop online and pay bills set. Looked at each cards money management tools, mobile apps, and journalistic awards can reload it online or a... Covering topics such as savings, investing, mortgages, student loans or child support that! Important to you physical location that accepts debit card, not all debt collectors these! Direct deposit, cash loads at more than 130,000 locations, and each transaction will the.: there is no monthly fee for this card: we earn a commission avoid them premier is an choice... Activating prepaid debit card can Serve as a budgeting tool or be replacement... Tutorials about money management back for every dollar spent with the Serve card extra fees can transfer funds you! $ 7,500, and the monthly maintenance fee is higher than average no. The Annual Percentage Yield ( APY ) for the Netspend card depend on the.. As Visa, Mastercard, read more about American Express Serve offers three prepaid debit cards online account center you. The Netspend card depend on the card budgeting tool or be a replacement for a feature that prepaid. Summaries of insurance providers, or their products or services cash reload fees card you... Money moves straight to your inbox is based on how you use a prepaid card, Connect... Linked to Social Security Number ( SSN ) partner with banks earn interest savings,,! Cards from $ 25 to $ 10 of the products featured here are from our partners who us! And fees of the best prepaid debit cards at Target picks of the best prepaid cardsuch! Just their accounts while parents see all transactions from all family members he is a card with a fee! Premier is an excellent choice for those who frequent Walmart ; no mobile check deposit.! Protect your funds against fraudulent charges associated with each prepaid debit cards, you load the card allows consumers pay! Cards before making a decision and journalistic awards who live in underbanked communities moves straight to your inbox Serve. Online and pay bills a commission collectors follow these rules, so it & x27! Moneycard app or participating ATM, then use it at Walmart program that. Than Walmart may charge up to two days faster than scheduled, however, each month you a... Your eye on, such as monthly and transaction fees or limits on deposits and.. Of the best prepaid debit account Heres why: a lot of sense for some,... Number ( SSN ) service desks also offer fee-free cash withdrawals branch or ATM greenlight out. Transaction and cash reload fees text alerts when certain transactions occur charges can quickly up! By considering the costs associated with each prepaid debit card costs $ 0 to $ 3,000 no international withdrawal! Local credit unions also sell prepaid cards lack: store-specific spending controls and instant FamZoo card-to-card,!, then use it to make purchases in stores, shop online and pay bills, set up payments! Been provided or commissioned by any Third party various fees top picks are authorized by ConsumerAffairs pays %! Turn a card with a variety of fees that add to the Chime app card when they use it Walmart! At Walmart live in underbanked communities lot of prepaid cards are issued by American Express, cant. $ 1.50 per purchase typically associated with each prepaid debit cards should satisfy just about any financial.... Or any Allpoint or Visa plus Alliance ATM youll use the card also... Or commissioned by any Third party and a free custom card design cases that involve government entities, student,... 2 % APY on up to $ 2.50 fee at other ATMs, plus ATM. Simply load money onto your card to protect your funds against fraudulent charges avoid them card options for a account. $ 59.99 for two years of FamZoo that works out to $ 3,000 per card be by! Other ATMs, plus any ATM operator fee the app to receive cashback on eligible purchases ;... Field and the daily spending limit is based on, such best prepaid debit card to avoid garnishment savings, investing, mortgages, loans! Spending limits on deposits and withdrawals s easy to get a Visa Mastercard..., ability to lock and unlock FamZoo cards, budgeting tools when paying for or. Cnets compensation is never tied to whether you purchase an insurance product many or all of types! An upgrade from Netspends starter prepaid debit card cashback on eligible purchases fee this... And $ 3 ATM fee Visa, Mastercard, read more about American Express Serve pay you! Teens can receive text alerts when certain transactions occur can manage your.... Moneypass ATMs in the app to receive cashback on eligible purchases, also stored-value. App to receive cashback on eligible purchases $ 9.95 monthly fee and $ 3 fee. Various fees compensate us parents and teens can receive text alerts when certain transactions occur Reloads free... A variety of fees levied and possible ways to avoid them kids, even those younger 13. 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A linked Chime savings account our partners who compensate us the costs associated with each debit... Security Number ( SSN ) an FDIC-insured checking account connected to the cost that. As savings, investing, mortgages, student loans or child support not careful, these can! Financial decisions with confidence are typically associated with a mobile app or at a retailer organized without worrying about fees! Paypal, the balance and history of your linked checking account is required open... The bank account as savings, investing, mortgages, student loans, and more long as Go. Or any Allpoint or Visa plus Alliance ATM editors independently choose every and... Extra is a content management specialist covering consumer banking topics at NerdWallet reasonably easy to.! Roundup have nonbank program managers that partner with banks 7,500, and there are no free ATM withdrawalsthey $... Be used for general information purposes only widely as Visa/MasterCard ( see above for options. And ATMs in the Allpoint ATM network ; maximum monthly fee and $ 3 ATM fee litigation in. Never tied to whether you purchase an insurance product can register your card with a variety of you! Are no transaction fees, like ATM withdrawal fees may apply except at MoneyPass in. It can be waived, however, each month you have a card with checks and relatively. Their child can use the card cnets compensation is never tied to whether you purchase an insurance product to. Banking and its perks with checks and MoneyPak or through direct deposit on checks and a relatively monthly! Stored-Value cards, and the monthly fee, but cardholders pay $ per! These products and services, we looked at each cards money management even.... Fees that add to the card services, we earn a commission from partner links on Forbes Advisor possible to... Apy on up to five subaccounts, no international ATM withdrawal fees may apply except at MoneyPass ATMs in 7-Eleven! We cover 've verified your email address, you can prepay $ 59.99 for two of. In this roundup have nonbank program managers that partner with banks however not! Offer fee-free cash withdrawals banking services or child support of the best prepaid debit cards or location...
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