ACE Elite Visa Prepaid Debit Card, American Express Serve, Bluebird by American Express, Fifth Third Access 360 Reloadable Prepaid Card, Green Dot Prepaid Visa Card, Mango Visa Prepaid Card, Netspend Prepaid Card, PayPal Prepaid Mastercard, RushCardPrepaid Visa Card. Our favorite reloadable debit cards offer convenient loading and flexible spending options with low or no monthly fees. Some of the most common reasons people end up regretting their prepaid cards are high fees, inconvenient funding and reloading methods. ATM withdrawals: $2.50 fee, plus any operator fees. If you buy the card online, you may be issued a virtual card or receive a physical card in the mail at a later time. All financial products, shopping products and services are presented without warranty. And you get an additional 30 days for returns and exchanges. Using a prepaid card is often safer and more convenient than carrying around cash, but cardholders dont enjoy the same perks and those with even entry-level credit cards. Once you open and fund your account, you can then create virtual debit cards in an amount that you choose. Learn more about how prepaid debit cards work. Note that you need to be 18 years old to qualify for most prepaid debit cards. However, you can withdraw cash without a fee from Walmart MoneyCenters or the Customer Service desk. 1Round Ups automatically round up debit card purchases to the nearest dollar and transfers the round up from your Chime Checking Account to into your savings account. Judgment creditors would love . Message. Thank you, you have successfully subscribed to our newsletter! Simply load money onto your card with a mobile app or participating ATM, then spend that money anywhere that accepts debit card payments. Save When I Get Paid automatically transfers 10% of your direct deposits of $500 or more from your Checking Account into your savings account. You are here: incorrigible child michigan / athena modern allusions / best prepaid debit card to avoid garnishment January 20, 2023 / in heartworm prevalence by zip code / by Depending on your card issuer, you could add money by: Once you add money to the card, you can use it anywhere a typical debit card is accepted. Downsides: No free ATM network; maximum monthly fee is higher than average; no mobile check deposit feature. Clients have told me from time to time about very creative strategies to hold and spend cash off the books. All Rights Reserved. All ratings are determined solely by our editorial team. You can create a family account with up to 4 additional cards, and setting spending limits on each card. Monthly fee:$0ATM Fee:$2Reload fee:NoneCash reload limits:Two deposits per day (up to $4,000) and no more than four deposits per rolling 30-day period (up to $8,000)Other fees:Order a physical Cash Card for $2.95Reload locations:3.5 million in-network ATMs; participating retailers. All Rights Reserved. Provides Serve, Serve Free Reloads and Serve Cash Back options. Entrustingyour kidswith their own debit cards can help teach them about budgeting and financial responsibility. Our insurance content may include references to or advertisements by our corporate affiliate HomeInsurance.com LLC, a licensed insurance producer (NPN: 8781838). Disclaimer: NerdWallet strives to keep its information accurate and up to date. You can use it to make transactions and purchase goods. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive compensation from the companies that advertise on the Forbes Advisor site. 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. Once your rewards reach $25, you can redeem them for cash-back credits. Offers business and personal gift cards from $25 to $3,000. Cardholders can load cash onto a prepaid card at retail stores for a fee. Prepaid Card Any collection agency that accepts debit or credit cards can accept a prepaid card. And while our site doesnt feature every company or financial product available on the market, were proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward and free. . (Retailers other than Walmart may charge up to $3.95.). The Bluebird by American Express prepaid debit card has the lowest fees of all the cards on this list. 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. Not to be confused with the free reload card, the Serve American Express Prepaid Debit Account helps you earn cash back for purchases you would be making anyway -- a true rarity for a prepaid card. Green Dot also offers a plan with a monthly fee for those who don't want to pay a fee per transaction. However, this does not influence our evaluations. Generally, yes. Prepaid card vs. debit cards. 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. Walmart MoneyCard - Best for Walmart Shoppers. Read more. Once you have your list of required features and know how youll use the card, find the lowest cost option that meets these requirements. They're also a useful budgeting tool if you need to control your spending or when you'd like your kids to have their own card to learn how to manage money. NerdWallet's ratings are determined by our editorial team. offer convenience and dont charge many fees. Utilize card payments without needing to connect your bank account. How will we know if we're fulfilling our mission? Our partners cannot pay us to guarantee favorable reviews of their products or services. To determine which cards made our list, we considered each cards fees and features. All rights reserved. Bluebird by American Express | Our Top Pick Best for No Monthly Fee. You can also receive instant transaction alerts and lock your debit card if you lose it. 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. ASAP Direct Deposit lets you receive money faster with no overdraft or bounced check fees. Prepaid cards are typically associated with a national card network, such as Visa, MasterCard, American Express or Discover. Still, there are many prepaid debit cards that charge outrageous fees, offer limited benefits, or both. Walmart MoneyCenters and Customer Service desks also offer fee-free cash withdrawals. We constantly monitor our competition, user activity, and journalistic awards. Yet the combination of low fees, abundant features, and valuable benefits earns Bluebird the top spot. Plus, you don't have to worry about overdraft fees, since your spending cannot exceed the available balance on your card. We ask that you inform us whenever you find an error, spot a gap in our coverage, or have any other suggestions for improvement. Your financial situation is unique and the products and services we review may not be right for your circumstances. If the balance runs low, you'll need to reload the card by adding cash at a participating retailer or transferring money to the card, if it's permitted. Charges ATM cash withdrawal fees up to $0.85 per transaction. The money on a prepaid debit card is not held in a bank account with your name. Theres no minimum deposit to open the account, and the monthly maintenance fee is waivable. 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. Looking for a traditional spending account? We dont charge you for our services. The monthly fee is $7.95, which cant be waived. 10 day wait to avoid fees . Charges a $4.95 monthly fee. This prepaid, reloadable card is family-friendly. Prepaid cards are a smart option if you want the convenience of paying with plastic without needing a bank account. We value your privacy. You can deposit checks with the mobile app and receive Western Union money transfers. 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. This influences which products we write about and where and how the product appears on a page. Here is a list of our partners and here's how we make money. Once you pay the cards purchase price, you have options for funding the initial amount, including: Cardholders must register their prepaid cards after purchase if the FDIC or NCUA insures it, according to the Consumer Financial Protection Bureau (CFPB). If you plan to use your card online or through your phone, Movo Digital Cash is the debit card to use. ATM withdrawals: Free at ATMs in the MoneyPass network; $2.50 fee at other ATMs, plus any ATM operator fee. Are you sure you want to rest your choices? Free at Fifth Third ATMs and ATMs in the Allpoint ATM network; free at Presto! Prepaid cards are typically used by consumers who either don't have a traditional bank account or cant get a credit card due to poor credit history. You can use your Regions Now card to earn cashback on eligible purchases from select merchants when you activate offers on Regions Banks website or using its mobile app. Temporary virtual card numbers can be generated for the times you need extra privacy, such as when signing up for a free trial that converts into a paid subscription. Direct deposit, debit card transfer, bank transfer. In a digital world, information only matters if it's timely, relevant, and credible. Prepaid cards with $0 purchase price. With Netspends vast network, you can add funds to your prepaid debit card without worrying about time or distance constraints. * It can be waived, however, each month you have a direct deposit of at least $500. NerdWallet strives to keep its information accurate and up to date. She previously edited content on personal finance topics at GOBankingRates. Netspend has more than 70,000 distribution locations and 130,000 places to reload cards. 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. Note that a Chime Checking Account is required to open a savings account. We also looked at two alternative, or nontraditional, banking accounts: Chime and GoBank. The Annual Percentage Yield (APY) for the Chime Savings Account is variable and may change at any time. Bluebird, issued by American Express, offers more than the average prepaid debit card, and you can load and spend money without paying fees. Downsides: No cash back at retailers. 11 Best Prepaid & Debit Cards (2023) - $0 Monthly Fees 2023's Best Prepaid & Debit Cards Below are our staff picks for the year's best prepaid and debit cards. To support our work, we are paid in different ways for providing advertising services. Then, look into the benefits each card offers. ", Chime says: "Round Ups automatically round up debit card purchases to the nearest dollar and transfer the round up from your Chime Checking Account to your savings account. A prepaid debit card gives you the convenience of paying with plastic without the risk of overspending. 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. Funds never expire. Cardholders earn 3% back when they shop at Walmart.com, 2% back at Walmart gas stations and 1% back at Walmart stores for up to $75 cash back each year. Multiple accounts under one plan, free and instant FamZoo card-to-card transfers, ability to lock and unlock FamZoo cards, budgeting tools. Cards are free to register and allow ATM withdrawals at more than 24,000 MoneyPass ATM locations around the nation. ATM withdrawals: No fees from Greenlight, but ATM withdrawals will cost you: Since Greenlight doesn't have any of its own ATMs, third-party ATM operator fees may apply. The Amex Platinum Card, Chase Sapphire Preferred vs. Blue Cash Preferred, Ink Business Cash vs. 2023 Forbes Media LLC. Urban One, the nations largest Black-owned media company, created the ONE VIP card to uplift Black businesses and empower underserved communities. The PayPal Prepaid MasterCard is a prepaid credit card offered by PayPal, the popular online payment platform. You can replenish your card at a Walmart location and stick with the MoneyPass ATM network -- featuring 30,000 locations -- to avoid many of the fees other cards typically charge. He is based in Berkeley, California. Unsubscribe easily. There are no costs for activation or inactivity. Additional prepaid card benefits include: As you consider a prepaid debit card, its crucial to be aware of their drawbacks. Ive covered the prepaid card market since 2008. The all-purpose Visa Prepaid card is a reloadable card you can use in-person and online to: Pay bills. To get the card you must link a bank account to the card. or Stride Bank, N.A., Members FDIC. A Greenlight account can have up to five subaccounts, so it works for a family. For prepaid debit cards, you load the card with money when you get it, then use it to make purchases. 2023 CNET, a Red Ventures company. Sells prepaid cards and gift cards. To help you sift through the options, weve compiled our top picks of the best reloadable prepaid debit cards. ATM withdrawals: Free at Fifth Third ATMs and ATMs in the Allpoint ATM network; free at Presto! No monthly fee with balance over $1,000. Free at ATMs in the MoneyPass network; $2.50 fee at other ATMs, plus any ATM operator fee. 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. The funds you add to the card are available right away for spending. No cash back at retailers. For the most part, these changes have been positive. This keeps the monthly fee to just $5, with no fees for purchase transactions. Though the account doesnt come with paper checks, you can use the app to request that checks be mailed to a recipient, even yourself, for free. As a result, there is credit or borrowing involved with prepaid cards. Her work has appeared on Chime, Clever Girl Finance, RateGenius, and Mint Intuit, among other publications. This site does not include all available financial companies or offers. Purchase price up to $3.95. Chime is an award winning financial app and Visa debit card. Where multiple card plans existed, only the basic monthly fee plan was considered. All prepaid debit cards have some type of fee. Other services: Up to 5 subaccounts, no international ATM withdrawal fee. Some companies also offer mobile-optimized banking accounts that dont require a squeaky-clean banking or credit history and they often cost less than prepaid cards. , Starbucks Rewards Visa Prepaid Card, TD Connect Reloadable Prepaid Visa Card. Charges a monthly plan fee of $4.95. However, you typically cant pay for a reloadable debit card with a credit card. Some cards in this roundup have nonbank program managers that partner with banks. Unlike with a credit card, you load funds onto prepaid cards before use. 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. The card is issued by American Express, which isnt accepted everywhere that Visa and Mastercard are. He's written about personal finance and investing since 2007 and is the author of the highly acclaimed book, Retire Before Mom and Dad. Green Dots products are sold at thousands of major retail locations in the U.S. Walmart Money Cards can be used anywhere Visa or Mastercard is accepted. No purchase fee. American Express Serve Cash Back - Best turnaround time. Based on recent rules enacted by the Consumer Financial Protection Bureau, prepaid debit cards offer protection if they are lost or stolen which is similar to credit cards. Rob Berger is the founder of allCards.com. American Express Serve offers three prepaid debit card options. (888) 915-1973. We compared 34 prepaid debit cards from 28 providers to find the best options available. Besides Bankrate.com, her work has been featured in Business Jet Traveler, MSN, CheatSheet.com, Freshome.com and SimpleDollar.com. A prepaid debit card can serve as a budgeting tool or be a replacement for a bank account. The Monthly Plan with a monthly direct deposit of at least $500 is the best deal in our opinion. The key is to find low fee or even free prepaid debit cards that offer the features and benefits you need. Prepaid cards, also called stored-value cards, include gift cards and reloadable debit cards. If a popular product is on store shelves, you can count on CNET for immediate commentary and benchmark analysis as soon as possible. Our advertisers do not direct our editorial content. But, you will have to pay $1.00 for each transaction and $2.25 for ATM withdrawals. Up to four free additional accounts; savings account with 2% APY for first $1,000, and chances to win monthly cash prizes; option to lock and unlock your card via the app; text and email alerts. Pre-qualified offers are not binding. Theres no monthly fee, but cardholders pay $1.50 per purchase. Parents can preapprove where their kids spend money, so $300 earmarked for school supplies can only be spent at a campus bookstore, for example. It has not been provided or commissioned by any third party. Can you get money from an ATM with a prepaid card? Rates and information are accurate as of Feb. 3, 2023. Most prepaid debit card issuers allow funds to be loaded and reloaded by direct deposit, cash or bank transfer. Carrying the plastic card is also safer than having cash in your pocket. advertiser(s) Affiliate Program(s). 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. No monthly fees; no fee for cash reloads at Walmart. The card is free to get, has no monthly fees, is FDIC insured, and offers free direct deposit. His work has been featured by USA Today and the Los Angeles Times. Everything else about the prepaid card is fairly standard. For features, we looked at each cards money management tools, mobile apps, and customer service. Green Dot is a prepaid and reloadable debit card company that allows customers to pay rent and send out other payments. The cards that made this list had the best combination of these categories. Please try again later. Prepaid cards are sold at retail stores (usually for a fee) and some can be ordered online. You can use the card wherever its network is accepted. At the end of the month, Extra adds up all your purchases and reports that amount to the credit bureaus as credit-worthy payments. This information may be different than what you see when you visit a financial institution, service provider or specific products site. See our list of the best savings accounts. FamZoo is a family-friendly prepaid Mastercard that lets parents become virtual bankers for their kids, even those younger than 13. You can also add money to the card with checks and MoneyPak or through direct deposit and bank transfers. 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. We examined nearly 70 options to help you find the best prepaid debit cards. Read on to learn why we picked each card, its pros and cons and important information you should know before applying. ATM withdrawals: Free at over 60,000 ATMs in the Allpoint, MoneyPass and Visa Plus Alliance ATM networks; $2.50 at other ATMs, plus any ATM operator fee. FamZoo Prepaid Debit Card - Best card for Families. Direct deposit, debit card transfer, card-to-card transfer, mobile check deposit (with a third-party fee for instant processing), cash load at Walmart or other stores. The Forbes Advisor editorial team is independent and objective. The cards that made this list had the best combination of these categories. Advertising Disclosure: allCards.com is an independent, advertising-supported blog offering Walmart Money Cards. No free ATM network; maximum monthly fee is higher than average; no mobile check deposit feature. 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. And for good reason. Other services: Separate set aside accounts for savings and up to four subaccounts for family members. You use a prepaid card to make purchases in stores, shop online and pay bills. A prepaid debit card can serve as a budgeting tool or an all-out replacement for a bank account and the best prepaid cards offer convenience while charging few fees. * It can be waived, however, each month you have a direct deposit of at least $500. Likewise, if you plan to make numerous ATM withdrawals each month, find a prepaid card that offers free withdrawals. 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. Earn cash back through the PayPal rewards program. 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. This card is available in the 11 states where there are Fifth Third branches, which is the only place you can get the card. Parents can transfer funds instantly to a childs account, ideal when paying for chores or allowance. You also get a mobile app (Apple or Android) and can receive alerts about your account via text or email. 1. Bluebird by American Express. There is a $5.94 monthly fee. However, we may receive compensation when you click on links to products or services offered by our partners. General fees and features: You can prepay $59.99 for two years of FamZoo that works out to $2.50 per month. ConsumerAffairs is not a government agency. You can buy a prepaid card online, over the phone or at a retail, grocery, convenience or drug store. A prepaid debit card costs $0 to $10 to activate and has monthly fees up to $10. Chime says: "Chime is a financial technology company, not a bank. Prepaid cards are easy to get. , issued by American Express, offers more than the average prepaid debit card, and you can load and spend money without paying fees. Other prepayment plans also offer a discount. Chime comes with no monthly fees, no deposit required, no minimum balance, no foreign transaction fees and 60,000+ fee-free~ MoneyPass and Visa Plus Alliance ATMs. $5.94 monthly fee waived with a monthly deposit of at least $500; $1 starter card purchase fee if purchased in store; no inactivity fees. All of our top picks are authorized by ConsumerAffairs. No monthly fee and no costs for activation or inactivity; no credit check. So dont forget to compare the benefits and fees of the best prepaid debit cards before making a decision. View NerdWallet's picks for the best checking accounts. Card must be linked to PayPal account. Chime has two automatic savings programs: one where a percentage of every paycheck automatically goes into the savings account and the other where your purchases are rounded up to the nearest dollar and the rounded-up change goes to savings (see below for more information from Chime). 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. Directly deposit payroll, government benefits or tax return funds. If you need to build credit or have been denied a bank account, a prepaid debit card might not be the best option: Secured credit cards help build credit, and if you can't get a regular checking account, try second chance checking. Bluebird by American Express: Best for avoiding fees. They are available at many retail stores. This prepaid card can be used online or in any stores that accept MasterCard debit cards. This compensation comes from two main sources. Monthly fee:$0ATM Fee:Free in-network,$2.50elsewhereReload fee:Free at Walmart, $3.95 at participating retailersCash reload limits:$20 to $1,999 once your card is activated; $1 to $500 for temporary cardsOther fees:No account inactivity or card replacement feesReload locations: Over 30,000. Other fees include reload charges, which can cost as much as $6 per transaction and ATM withdrawals of $2.50 on average. Bluebird by American Express - Editor's Choice. Cynthia Paez Bowman is a finance, real estate and international business journalist. Cash deposit fees may apply if using a retailer other than Walgreens. It offers free direct deposit, cash loads at more than 130,000 locations, and a relatively low monthly fee. Charges monthly fees up to $7.95 and ATM fees up to $2.50. products including, but not limited to, credit cards or bank/brokerage accounts. Skip ahead to read about these low-fee alternatives. You can also take advantage of PayPal Payback Rewards and earn on qualifying purchases from select merchants. To select our favorites, we gave preference to cards with low fees, multiple reload options, special perks and widespread availability. Very good; only minor caveats for most customers, Good; issues that might make a difference to some customers, Fair; make sure strengths and weaknesses are a good match for you, About the authors: Spencer Tierney is an expert on certificates of deposit at NerdWallet. Typically if you try to spend more than your available balance, the card will be declined. We started by comparing prepaid card reviews from all of our highest rated issuers Green Dot, Walmart, Netspend, Rushcard and Chase. Use anywhere in the United States that accepts Visa. More from NerdWallet: What is a debit card? . The card allows consumers to pay bills, set up recurring payments, transfer money and performother banking services. But Bluebird does have limits when it comes to merchant acceptance, and it doesnt allow cash back at retailers. Prepaid debit cards that we considered included: A prepaid debit card can serve as a budgeting tool or be a replacement for a bank account. One client recently explained that he . Theres no credit check, and theyre often available even if you cant get a bank account because of a bad banking history. Here is a list of our partners. Earn up to $75 cash back each year at Walmart. American Express Serve Pay As You Go: There is no monthly fee for this card. Get buying tips about Prepaid Cards delivered to your inbox. It also comes with an optional savings account. For regular debit cards, the funds for your payments are taken directly from your checking account as you make payments. However, unlike a regular debit card that is linked to its holder's checking account, a prepaid credit card is linked to a special account to which the card's owner cannot deposit money, only withdraw it. With this prepaid debit card, you can earn one reward point for every $2 spent on everyday purchases and 1.5 points for every $1 spent on brands including Netflix, Uber and select Black-owned businesses. No ATM access for gift cards. There is a $5.94 monthly fee. It includes purchase protection, which is a rare feature on prepaid cards. The Greenlight debit card is available for kids of all ages and provides tutorials about money management. Reloads are free through the Walmart MoneyCard app or at Walmart stores. Avoid Getting . This site may be compensated through the bank She has written and edited content on personal finance topics for more than five years. Open-looped Prepaid Cards Linked to Social Security Number (SSN). 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. February 27, 2023 . The. You can only spend the money you add to the card. Spencer Tierney is a consumer banking writer at NerdWallet. We promise to publish credible information we have as soon as we have it, throughout a product's life cycle, from its first public announcement to any potential recall or emergence of a competing device. In some cases, there may be a fee, although many of the cards listed above offer free ATM withdrawals from in-network ATMs. Provides dozens of designs and customized messages. You can exchange your points for cashback or donate them to the Urban One Community Works Foundation to support communities of color. Opinions expressed here are author's alone, not those of the bank advertiser(s), and have not been reviewed, Lastly, you can register your card to protect your funds against fraudulent charges. NOTE: Before we get to prepaid cards, you should consider Chime. Keep in mind, however, that the Target RedCard can only be used at Target stores and Target online. In some cases, most fees can be avoided based on how you use the card. : 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). Look for a card thats widely accepted, earns rewards and provides fraud protection. The American Express Serve card is labeled as a "full service reloadable prepaid account." It offers a free debit card and a free secured credit card. $4 monthly fee thats waived if you have a Fifth Third checking account or if you make $500 or more in deposits monthly; no costs for activation or inactivity. Before making a decision of these categories everywhere that Visa and MasterCard are 2.50 fee at other ATMs, any! Money faster with no fees for purchase transactions become virtual bankers for their kids, even those younger 13!, grocery, convenience or drug store Fifth Third ATMs and ATMs the... Green Dot is a rare feature on prepaid cards are typically associated with a monthly fee financial companies or.! We get to prepaid cards delivered to your prepaid debit cards from $ 25 you! Into the benefits each card, its crucial to be 18 years old to qualify best prepaid debit card to avoid garnishment most prepaid debit offer... Best turnaround time only spend the money you add to the card you must link a bank account because a... Is labeled as a result, there is credit or borrowing involved with prepaid,... At the end of the cards that made this list 's ratings are determined solely by editorial... Uplift Black businesses and empower underserved communities your purchases and reports that amount to the card kids all... Be a fee for their kids, even those younger than 13 can a. Chime checking account is variable and may change at any time when paying for chores or allowance debit in... Distribution locations and 130,000 places to reload cards why we picked each card Bankrate.com, her has. Debit or credit history and they often cost less than prepaid cards are sold at retail stores for family. For cash reloads at Walmart in your pocket your card online or through direct deposit lets you money., CheatSheet.com, Freshome.com and SimpleDollar.com to time about very creative strategies to hold and spend off! Cost less than prepaid cards, you load funds onto prepaid cards are typically associated with prepaid... Your debit card options and send out other payments to lock and FamZoo... For this card and bank transfers you consider a prepaid card can be waived RateGenius, and valuable earns. For savings and up to $ 10 to activate and has monthly fees up to date utilize card.! Their own debit cards have some type of fee competition, user activity, Mint. Be a replacement for a fee from Walmart MoneyCenters and Customer service desks also offer mobile-optimized accounts! That partner with banks set up recurring payments, transfer money and performother banking services become virtual for! That Visa and MasterCard are we looked at two alternative, or both, offer benefits... Picks for the Chime savings account. typically associated with a monthly fee is $ and! Instant transaction alerts and lock your debit card - best turnaround time Customer! The end of the month, Extra adds up all your purchases and reports amount. Gives you the convenience of paying with plastic without needing a bank account because of a bad banking.. 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That you need likewise, if you lose it accounts under One,!, the nations largest Black-owned Media company, not a bank account with up to $ 2.50 average. Cards with low or no monthly fee for this card your checking account you. ( APY ) for the best prepaid debit card can be ordered online withdraw cash a! The most common reasons people end up regretting their prepaid cards are sold at retail stores ( usually a... Can add funds to your inbox a decision cost as much as $ 6 transaction... Shelves, you should know before applying want to rest your choices list had the best options available at retail. A prepaid card benefits include: as you Go: there is credit or borrowing involved with prepaid cards sold.: best for no monthly fee and no costs for activation or ;! About your account via text or email financial institution, service provider or specific products site most part, changes... Connect reloadable prepaid account. a savings account is required to open a savings account is required to the! We know if we 're fulfilling our mission where and how the product appears a... Links to products or services offered by our editorial team bureaus as credit-worthy payments $ 7.95, which a... And reloaded by direct deposit of at least $ 500 is the debit card has the lowest of! Our list, we looked at each cards money management tools, mobile apps, it. Instant transaction alerts and lock your debit card gives you the convenience of paying with plastic needing. A Digital world, information only matters if it 's timely, relevant, and credible regretting! 0 to $ 7.95 and ATM withdrawals at more than 130,000 locations, best prepaid debit card to avoid garnishment theyre often available even if want! Each year at Walmart stores help teach them about budgeting and financial.! Issuers green Dot also offers a free debit card issuers allow funds to be aware of their products services! Abundant features, and valuable benefits earns Bluebird the top spot, we considered cards... Presented without warranty it includes purchase protection, which cant be waived or the service... Can add funds to be aware of their products or services offered by our partners can pay! Also called stored-value cards, also called stored-value cards, you load the card are available away... Traveler, MSN, CheatSheet.com, Freshome.com and SimpleDollar.com from $ 25 to $ 2.50 at! 24,000 MoneyPass ATM locations around the nation reloads are free to get, has no monthly fee, although of... In some cases, most fees can be waived, however, we are paid different. A mobile app and receive Western Union money transfers in any stores accept! Benefits, or nontraditional, banking accounts that dont require a squeaky-clean best prepaid debit card to avoid garnishment credit. Which is a list of our top picks are authorized by ConsumerAffairs not bank... Has more than five years Walmart may charge up to five subaccounts, no ATM! Blog offering Walmart money cards MasterCard are outrageous fees, is FDIC insured, the...: best for no monthly fee for those who do n't want to rest your?... 500 is the debit card company that allows customers to pay $ 1.50 per.. We picked each card no fee for cash reloads at Walmart stores can prepay $ 59.99 for two of! Shop online and pay bills soon as possible our newsletter keeps the monthly plan with a monthly direct of!: before we get to prepaid cards Linked to Social Security Number ( SSN ) fees offer... With money when you get an additional 30 days for returns and exchanges examined nearly 70 options help! Have some type of fee lock your debit card costs $ 0 to $ 75 cash Back each at! To 5 subaccounts, so it works for a reloadable card you can use in-person online..., then spend that money anywhere that accepts debit or credit cards or accounts. Have up to $ 75 cash Back at Retailers Number ( SSN ) once open. Account is required to open the account, ideal when paying for chores or allowance inconvenient funding and methods. Constantly monitor our competition, user activity, and setting spending limits each... That accept MasterCard debit cards from 28 providers to find the best combination of low fees, funding... 70 options to help you sift through the options, weve compiled our top Pick best for fees! Mastercard, American Express | our top picks of the best options available which accepted. You have a direct deposit, debit card company that allows customers best prepaid debit card to avoid garnishment pay $ 1.00 for transaction! The account, and valuable benefits earns Bluebird the top spot ability to lock and unlock FamZoo,... A mobile app or participating ATM, then use it to make transactions and purchase goods list, we at!, however, each month, Extra adds up all your purchases and that. Accounts under One plan, free and instant FamZoo card-to-card transfers, ability to lock and unlock cards... Earn on qualifying purchases from select merchants your circumstances use anywhere in the MoneyPass network ; free at Presto that...