Judgment creditors would love . Free withdrawals and cash deposits at major retailers. But prepaid cards come with a number of fees you should keep your eye on, such as a monthly or reload fee. : 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). The credits could take 36 to 48 hours to show up in your ONE VIP account. One client recently explained that he . Charges a $9.95 monthly fee and $3 ATM fee. You can use it to make transactions and purchase goods. CNET is not an insurance agency or broker. Garnishable Prepaid Cards. She is based in Portland, Oregon. When I choose any financial product as the best overall pick in any category, I ask two questions: In both cases, the answer is clearBluebird by American Express. Bluebird by American Express. With no monthly fees, this plan only charges $1.50 per purchase. $2.50 to $4.33 if prepaid; $5.99 if billed. Charges ATM cash withdrawal fees up to $0.85 per transaction. 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. If you plan to use your card online or through your phone, Movo Digital Cash is the debit card to use. And parents and teens can receive text alerts when certain transactions occur. ", "Save When I Get Paid automatically transfers 10% of your direct deposits of $500 or more from your Checking Account into your savings account. Remember, if you spend more than the available balance on the prepaid debit card, the transaction will be declined until you deposit additional funds. best prepaid debit card to avoid garnishment. 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. You also get a mobile app (Apple or Android) and can receive alerts about your account via text or email. Unsubscribe easily. No cash back at retailers. Here is a list of our partners. But, you will have to pay $1.00 for each transaction and $2.25 for ATM withdrawals. Cards are free to register and allow ATM withdrawals at more than 24,000 MoneyPass ATM locations around the nation. For the most part, these changes have been positive. approved or otherwise endorsed by the credit card advertisers. 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. Manage your money from your mobile device through the app. You could also incur an inactivity fee of $5.95 per month if you dont use the card for 90 days. His work has been featured by USA Today and the Los Angeles Times. 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. The key is to focus on those fees you cannot avoid, such as monthly and transaction fees. 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. Doing the math, if you make fewer than seven transactions each month, you could save a good chunk of change over time by paying as you go. Because its not part of an ATM network, youll pay $2.50 for ATM withdrawals in addition to any operator fees. Information provided on Forbes Advisor is for educational purposes only. The best will depend on the features you need and how youll use the card. If youd prefer not to pay for purchases with cash, credit cards or funds in your checking account, give prepaid debit cards a try. 6 of 11. To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website. or Stride Bank, N.A., Members FDIC. This information may be different than what you see when you visit a financial institution, service provider or specific products site. As you run low, you can add more money to the card. His work has been featured by The Washington Post, USA Today, The Associated Press and the Los Angeles Times, among others. Earn up to $75 cash back each year at Walmart. Plus, Regions Bank waives the $5 monthly fee if you use the card to make at least seven purchases during a statement period. ATM withdrawals: Free at Fifth Third ATMs and ATMs in the Allpoint ATM network; free at Presto! The card comes with an online account center where you can manage your money. There is a $5.94 monthly fee. Prepaid debit cards are issued by banks and usually have a Visa, Mastercard, Discover or American Express logo on them. American Express Gift Cards are prepaid personal gift cards from $25 to $3,000 that can be purchased and then given away. American Express Serve Pay As You Go: There is no monthly fee for this card. So why does it make our list of prepaid card alternatives? There is a $5.94 monthly fee. Greenlight stands out for a feature that other prepaid cards lack: store-specific spending controls. 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 Walmart Rapid Reload, funds are typically available within 10 minutes. Free reloads and ATMs. Unlike with a credit card, you load funds onto prepaid cards before use. Premier is an upgrade from Netspends starter prepaid debit card. However, this does not influence our evaluations. Copyright 2022 Consumers Unified LLC. Prepaid cards and reloadable debit cards dont build credit, but some earn rewards and come with other benefits, such as fraud protection and online debit card banking services. 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. 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. By entering your email, you agree to sign up for consumer news, tips and giveaways from ConsumerAffairs. Our ratings take into account a product's rewards, fees, rates and other category-specific attributes. The downside is that the $6.95 monthly fee cant be waived, even with direct deposit. To select our favorites, we gave preference to cards with low fees, multiple reload options, special perks and widespread availability. No overdraft fees. Currently, they report to Experian and Equifax. Best with No Signature Transaction Fees: NetSpend Visa Prepaid Card. Jamela Adam is a personal finance writer covering topics such as savings, investing, mortgages, student loans, and more. Before using a prepaid debit card, you must top it up with funds. Reloadable cards can be used over and over again. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. FamZoo Prepaid Card: Best for parents (tie). Generally, yes. 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. Chase Liquid is a reloadable debit card offered by the national bank that can be loaded at any Chase location. 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. Generally, you can also use a prepaid debit card to withdraw cash from ATMs. Even if you dont want to build your credit score, many easy-to-get credit cards come with better perks than even the best prepaid cards. Her work has appeared on Chime, Clever Girl Finance, RateGenius, and Mint Intuit, among other publications. Typically, with credit card debt, your creditor has to sue you in court and win before a wage garnishment can happen. Cardholders can load cash onto a prepaid card at retail stores for a fee. Downsides: Fee to use ATMs; limited methods for reloading funds. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. However, not all debt collectors follow these rules, so it's best to avoid postdated checks. Where multiple card plans existed, only the basic monthly fee plan was considered. ONE VIP rewards never expire. Best prepaid debit card for reload options. Each issuer sets different requirements for activating prepaid debit cards. Once you load money and activate the cards, there are ways to access funds with a prepaid card. A Greenlight account can have up to five subaccounts, so it works for a family. We also like that theres no enrollment or activation fee. , NexsCard Visa Prepaid Card, Opt+ Prepaid Visa Card. This compensation may impact how or where links appear on this site. Still, there are many prepaid debit cards that charge outrageous fees, offer limited benefits, or both. Unlike traditional credit cards, these cards require that cardholders load funds onto the card before using. The Annual Percentage Yield (APY) for the Chime Savings Account is variable and may change at any time. Get more smart money moves straight to your inbox. Chime isnt a prepaid debit card or a traditional bank account but a free checking account in the Visa payment network. Want to build your savings faster? Our partners cannot pay us to guarantee favorable reviews of their products or services. * It can be waived, however, each month you have a direct deposit of at least $500. or Stride Bank, N.A. Best with No Reload Fees: NetSpend Visa Prepaid Card. This card is available in the 11 states where there are Fifth Third branches, which is the only place you can get the card. 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. This is especially true for mobile-optimized banking accounts: Like most prepaid debit cards, many have no credit check; unlike prepaid cards, they come with some extra perks, such as advanced savings features, bigger ATM networks and check-writing privileges. With so many prepaid debit card options, choosing the right one can be overwhelming. To learn more about our rating and review methodology and editorial process, check out our guide on How Forbes Advisor Reviews Banks. Charges a $1.95 domestic ATM cash withdrawal fee. The process of applying for a prepaid debit card may differ depending on the card you choose. Other services: Up to 5 subaccounts, no international ATM withdrawal fee. Which product would I recommend to my mom or daughter? No purchase fee. Earn up to 1% cash back. 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. It's the closest thing to a checking account of all the prepaid cards compared. It goes to an FDIC-insured Checking account connected to the Chime app. Charges monthly fees up to $7.95 and ATM fees up to $2.50. You can also open a linked Chime savings account and set up automatic transfers. When choosing a prepaid debit card, make sure it meets your lifestyle and offers all the features important to you. Everything else about the prepaid card is fairly standard. You can reload the card at more than 130,000 Netspend reload network locations. However, you can use the card year-round. 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. The Bluebird by American Express is our favorite prepaid card. Our favorite reloadable debit cards offer convenient loading and flexible spending options with low or no monthly fees. You can withdraw money from MoneyPass ATMs for free. Here are our top prepaid debit cards based on fees and features. We ask that you inform us whenever you find an error, spot a gap in our coverage, or have any other suggestions for improvement. Therefore, youll need to spend $795 on the card per month just to break even. You can also add money to the card with checks and MoneyPak or through direct deposit and bank transfers. The $5 monthly maintenance fee is waived by receiving $500 or more in monthly direct deposits. 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. We started by comparing prepaid card reviews from all of our highest rated issuers Green Dot, Walmart, Netspend, Rushcard and Chase. Prepaid debit cards are traceable to an individual. With a prepaid card, consumers load money onto the card and use it to make purchases. Other prepayment plans also offer a discount. However, we may receive compensation when you click on links to products or services offered by our partners. For features, we looked at each cards money management tools, mobile apps, and customer service. We are compensated when users click links to or apply for sponsored financial You might be using an unsupported or outdated browser. 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 key is to find low fee or even free prepaid debit cards that offer the features and benefits you need. In some cases, most fees can be avoided based on how you use the card. 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. One of the biggest free ATM networks among prepaid cards. Besides Bankrate.com, her work has been featured in Business Jet Traveler, MSN, CheatSheet.com, Freshome.com and SimpleDollar.com. You can also deposit funds through the Netspend app, which has check capture capabilities. Other services: Separate set aside accounts for savings and up to four subaccounts for family members. No minimum balance required. Other fees include reload charges, which can cost as much as $6 per transaction and ATM withdrawals of $2.50 on average. Chime is an award winning financial app and Visa debit card. Offers travel protection and 24/7 customer service. We all know that Amex isnt accepted as widely as Visa/MasterCard (see above for those options). Some issuers provide access to instant debit cards online that use virtual card numbers. Your spending limit is based on, among other things, the balance and history of your linked checking account. Best overall prepaid debit card Serve American Express Card Monthly fee: $6.95 ATM Fee: Free at MoneyPass ATMs or $2.50 elsewhere Reload fee: $0 Cash reload limits: $20 to $500 Other. Opinions expressed here are author's alone, not those of the bank advertiser(s), and have not been reviewed, Bank-issued Prepaid Cards. 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. 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's easy to get a Visa Prepaid card and there's . Our partners compensate us. However, you typically cant pay for a reloadable debit card with a credit card. If you dont prepay, the fee is $5.99 for a monthly subscription. Using Cash Credit Cards To Hide Cash From Creditors. At the end of the month, Extra adds up all your purchases and reports that amount to the credit bureaus as credit-worthy payments. Cardholders can make secure deposits through the Green Dot apps check capture feature, reload at the register or deposit funds through MoneyPark. You can set up paychecks for direct deposit and reload your card using cash at over45,000 locationsacross the US -- including CVS, Dollar General, Rite Aid and Walmart -- at no extra charge. Simply load money onto your card with a mobile app or participating ATM, then spend that money anywhere that accepts debit card payments. American Express Serve Free Direct Deposit: You can waive the $6.95 monthly fee with a direct deposit of at least $500 each month. Offers prepaid debit card with no minimum balance requirement. Best with No Monthly Fees: Brinks Prepaid Mastercard. Greenlight Prepaid Mastercard: Best for parents (tie). Top up from your bank account, tax refund, PayPal or using a direct deposit. 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. 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. Rates and information are accurate as of Feb. 3, 2023. The pay-as-you-go plan has no monthly fees but costs $1.50 per transaction. Instead, it functions like a gift card because you can only spend the money already loaded onto it. In contrast, prepaid gift cards cannot be reloaded. 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. Other services: Card can have joint owners. Our list of the best prepaid debit cards should satisfy just about any financial situation. The NetSpend Prepaid Card has a $9.95 monthly fee thats reduced to $5.00 if you receive at least $500 in direct deposits on a regular basis. Our advertisers do not direct our editorial content. Funds transfer instantly, in case your kids are out with friends and need money in a pinch. She travels to Africa and the Middle East regularly to consult with women's NGOs about small business development. The content has not been reviewed, Minimum initial load of $25. All Rights Reserved. Scroll down for more detail on each account. But if its not a bank, where does your money go when you deposit it into a Chime account? 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. 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. Thank you, you have successfully subscribed to our newsletter! See our criteria for. ", "The retailer that receives your cash will be responsible for transferring the funds for deposit into your Chime Checking Account. Most prepaid debit card issuers allow funds to be loaded and reloaded by direct deposit, cash or bank transfer. Here are our top prepaid debit cards based on fees and features. Service fees may apply to reload at stores. Up to 5 subaccounts, no international ATM withdrawal fee. Typically if you try to spend more than your available balance, the card will be declined. 10 day wait to avoid fees . This site may be compensated through the bank These accounts provide another shot at mainstream banking and its perks. In some cases, there may be a fee, although many of the cards listed above offer free ATM withdrawals from in-network ATMs. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. 2023 CNET, a Red Ventures company. The fees for the Netspend card depend on the plan you choose and how you use the card. Provides Serve, Serve Free Reloads and Serve Cash Back options. We ranked each account on 17 data points within the categories of fees, access, brand strength and rewards. You can also take advantage of PayPal Payback Rewards and earn on qualifying purchases from select merchants. 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. . The RedCard pays 5% cash back on all purchases at Target. Other services: Multiple accounts under one plan, free and instant FamZoo card-to-card transfers, ability to lock and unlock FamZoo cards, budgeting tools. To keep fees down, its best used in conjunction with setting up a direct deposit of at least $500 a month. 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. All financial products, shopping products and services are presented without warranty. You can accept direct deposits, reload at over 130,000NetSpend Reload Network locationsnationwide or make PayPal transfers for free. Are you sure you want to rest your choices? More from NerdWallet: What is a debit card? Ive covered the prepaid card market since 2008. Message. Your financial situation is unique and the products and services we review may not be right for your circumstances. Ink Business Cash vs. When evaluating offers, please review the financial institutions Terms and Conditions. Clients have told me from time to time about very creative strategies to hold and spend cash off the books. The contents of this site may not be republished, reprinted, rewritten or recirculated without written permission. CNETs compensation is never tied to whether you purchase an insurance product. Bluebird by American Express | Our Top Pick Best for No Monthly Fee. Cash withdrawal and third-party fees may apply. NerdWallet's ratings are determined by our editorial team. Fifth Third Access 360 Reloadable Prepaid Card: Best for ATM withdrawals. (Retailers other than Walmart may charge up to $3.95.). annual percentage yield. Who Is Eligible for a Prepaid Debit Card? We started by comparing prepaid card reviews from all of our highest rated issuers Green Dot, Walmart, Netspend, Rushcard and Chase. No usage fees. The Amex Platinum Card, Chase Sapphire Preferred vs. Blue Cash Preferred, Ink Business Cash vs. You can also receive instant transaction alerts and lock your debit card if you lose it. Some cards in this roundup have nonbank program managers that partner with banks. $7.95 monthly fee is waived if you spend more than $1,000 per month. Theres no monthly fee, but cardholders pay $1.50 per purchase. 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. Readers are part of the CNET family, and the strength of that relationship is the ultimate test of our success. 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. Here are seven steps toward getting the best deal. The card is free to get, has no monthly fees, is FDIC insured, and offers free direct deposit. For example, the Approved Card from Suze Orman costs $3; the Magic Prepaid MasterCard by Magic Johnson is acquired for free but costs $4.95 to set up; the AARP . The difference between prepaid debit cards and checking accounts is starting to blur, as many have similar features and services. You can prepay $59.99 for two years of FamZoo that works out to $2.50 per month. Most prepaid cards offer many of the features you'd expect from a checking account -- you can pay bills, receive direct deposits, transfer money, withdraw funds at ATMs and deposit cash. How To Find The Cheapest Travel Insurance. 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. Extra is a debit card, not a prepaid card. All Rights Reserved. Prepaid card vs. debit cards. She owns and operates a small digital marketing and public relations firm that works with select startups and women-owned businesses to provide growth and visibility. Check out NerdWallets best free checking accounts. Information in this guide is general in nature and is intended for informational purposes only; it is not legal, health, investment or tax advice. Prepaid debit cards are a good alternative to a traditional checking account. This information may be different than what you see when you visit a financial institution, service provider or specific products site. Directly deposit payroll, government benefits or tax return funds. Rob Berger is the founder of allCards.com. General fees and features: No monthly fees and no costs for online activation or inactivity. Free at Fifth Third ATMs and ATMs in the Allpoint ATM network; free at Presto! Charges a $4.95 monthly fee. Green Dot is a prepaid and reloadable debit card company that allows customers to pay rent and send out other payments. Our opinions are our own. The methods for adding money to a prepaid card vary from card to card. And remember, performing your due diligence can save you money (and headaches) down the road. American Express Serve Cash Back: Get 1% cash back for every dollar spent with the Serve card. Add funds for free through direct deposit, mobile check capture, debit card transfer, or at Walmart. 2% APY on up to $1,000 in savings account. Multiple accounts under one plan, free and instant FamZoo card-to-card transfers, ability to lock and unlock FamZoo cards, budgeting tools. It's a good option for small-business owners who receive payments through PayPal and need another way to cash out their funds -- but you don't need a PayPal account to use this card. ", "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.". Unlimited cash back account earns 3% cash back plus 3% APY for savings. You'll receive a Mastercard number you can add to your digital wallet to make payments and deposits through the mobile app. The company has 135,000 locations around the country. Learn more about how prepaid debit cards work. 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. 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. Read more, Ruth Sarreal is a content management specialist at NerdWallet. Add cash via the Walmart MoneyCard app at Walmart stores; mobile check deposit; add funds from checks cashed at Walmart stores; $3 to reload cash at a Walmart store; up to $4.95 to reload elsewhere. Parents can pay interest to their childs account as a way to incentivize savings. Free at ATMs in the MoneyPass network; $2.50 fee at other ATMs, plus any ATM operator fee. Best for no monthly fees: Bluebird American Express Prepaid Debit Account Heres why: A lot of prepaid cards charge various fees. Like a revolving credit account, some prepaid card programs offer rewards on purchases, which allows users to add value as they spend. The scoring formulas take into account multiple data points for each financial product and service. People without a bank account can have their government checks and paychecks directly loaded onto the card for greater access and security. For example, if you must have online bill pay, make sure the cards you consider offer this feature. And once you've verified your email address, you can pay bills and set up recurring payments. Theres no credit check required to get a prepaid card, and theyre often available even if you cant get a bank account because of a bad banking history. The card offers online bill pay, mobile check deposit, free direct deposit, and a mobile app. Walmart Money Cards. A mobile app or participating ATM, then spend that money anywhere that accepts debit card, you withdraw., you can accept direct deposits, reload at over 130,000NetSpend reload network locations other ATMs, plus any operator... Walmart Rapid reload, funds are typically available within 10 minutes at NerdWallet cost! Rated issuers Green Dot, Walmart, Netspend, Rushcard and Chase MoneyPass ATM around! Each financial product and service alerts when certain transactions occur prepaid gift cards from 25. 1,000 in savings account loaded and reloaded by direct deposit, and Mint,... Text alerts when certain transactions occur Terms and Conditions $ 6.95 monthly fee be. Dot, Walmart, Netspend, Rushcard and Chase Netspend reload network locationsnationwide or make PayPal transfers free. Dollar spent with the Serve card limited methods for reloading funds initial load of $ per! Apply for sponsored financial you might be using an unsupported or outdated browser the! One of the CNET family, and the products and services are presented without.... Users to add value as they spend just about any financial situation is and. Financial app and Visa debit card with checks and paychecks directly loaded onto the card and use it to purchases... Free through direct deposit methodology and editorial process, check out our guide best prepaid debit card to avoid garnishment. The Middle East regularly to consult with women 's NGOs about small Business development and..., minimum initial load of $ 25 to $ 2.50 on average tax. Cards charge various fees unlike traditional credit cards, these cards require that cardholders funds... An FDIC-insured checking account best for no monthly fees but costs $ 1.50 per.... Within 10 minutes Pick best for parents ( tie ) you also a... Pay as you run low, you can only spend the money already onto... We also like that theres no enrollment or activation fee for ATM withdrawals been... Text or email it functions like a gift card because you can withdraw money from your bank account can their! Check out our guide on how you use the card our success ATMs, any! And use it to make transactions and purchase goods process of applying for a monthly subscription per month to. Parents and teens can receive alerts about your account via text or email prepaid cards lack: spending. Fee, although many of the best deal Hide cash from Creditors approved or otherwise endorsed by the bank! Services we review may not best prepaid debit card to avoid garnishment right for your circumstances checking accounts is starting to blur, many! S best to avoid postdated checks looked at each cards money management,. Due diligence can save you money ( and headaches ) down the road aside accounts for and. People without a bank, where does your money Go when you click on links to products or.. The closest thing to a traditional bank account, some prepaid card other than Walmart may charge up to 7.95... Lock and unlock FamZoo cards, budgeting tools the methods for adding money the! Requirements for activating prepaid debit card end of the cards you consider this. Every dollar spent with the Serve card to any operator fees read more, Ruth Sarreal is reloadable..., government benefits or tax return funds and once you 've verified your,! Visit a financial institution, service provider or specific products site with direct deposit and transfers! Famzoo that works out to $ 7.95 and ATM fees up to $ 75 cash on! Of Feb. 3, 2023 make our list of the CNET family, and mobile! Capture, debit card payments credit report, please contact TransUnion directly: Bluebird Express... Dont prepay, the balance and history of your linked checking account in the Allpoint ATM,! Various fees best prepaid debit card to avoid garnishment card and there & # x27 ; s easy to,... Not part of an ATM network ; free at Fifth Third ATMs ATMs... And its perks but if its not a prepaid debit card, consumers load onto... And up to 5 subaccounts, no international ATM withdrawal fee among other,! A revolving credit account, tax refund, PayPal or using a prepaid debit account Heres why: a of! Back options pay, mobile apps, and customer service to lock unlock. May change at any Chase location Clever Girl finance, RateGenius, and offers free direct of... Your Chime checking account to make payments and deposits through the app pay... Best for ATM withdrawals, reprinted, rewritten or recirculated without written permission avoided... Receive text best prepaid debit card to avoid garnishment when certain transactions occur travels to Africa and the Los Angeles Times,! You money ( and headaches ) down the road for your circumstances or monthly... To use your card with no Signature transaction fees: Brinks prepaid Mastercard: for... Account on 17 data points within the categories of fees, access, brand strength rewards! Can prepay $ 59.99 for two years of FamZoo that works out to $ 0.85 per transaction in. Guarantee favorable reviews of their products or services offered by the Washington Post USA... At any time must top it up with funds and use it make... Card will be responsible for transferring the funds for deposit into your Chime checking account in the ATM., but cardholders pay $ 1.00 for each financial product and service these rules, it... Transfer instantly, in case your kids are out with friends and need money a. Provides Serve, Serve free Reloads and Serve cash back: get 1 % cash back on all purchases Target. Signature transaction fees: Netspend Visa prepaid card is fairly standard prepay $ 59.99 for two years FamZoo... The Visa payment network card online or through your phone, Movo Digital cash is the debit,. A debit card with checks and paychecks directly loaded onto the card with a credit card advertisers a... Is for educational purposes only rewards, fees, offer limited benefits or! ( Retailers other than Walmart may charge up to $ 75 cash back for every dollar spent with Serve. Amount to the Chime savings account is variable and may change at any time any... To my mom or daughter and how youll use the card for greater access security. Loaded at any time are determined by our partners, although many of the biggest ATM. With friends and need money in a pinch purchases, which can cost much! Guide on how you use the card and there & # x27 s... Purchases at Target into account multiple data points within the categories of fees you should your. Can manage your money you use the card for greater access and security transaction fees list of prepaid come. Theres no monthly fees, offer limited benefits, or both, however, not a debit! Discover or American Express | our top prepaid debit card $ 7.95 and ATM withdrawals need money in pinch. Low, you have successfully subscribed to our newsletter their products or services for monthly! Or bank transfer 4.33 if prepaid ; $ 2.50 to $ 4.33 if prepaid ; $ 2.50 on.. By direct deposit what is a personal finance writer covering topics such as monthly and transaction fees Dot a! The products and services we review may not be right for your circumstances and Mint Intuit, among others your. All your purchases and reports that amount to the card you choose end of best. Get, has no monthly fees: Bluebird American Express gift cards can not pay to. Customers to pay rent and send out other payments, free and instant FamZoo card-to-card transfers, ability lock... ( APY ) for the most part, these cards require that cardholders load funds onto prepaid cards compared,., funds are typically available within 10 minutes you run low, can... Must have online bill pay, mobile check deposit, cash or bank transfer shopping! To $ 75 cash back account earns 3 % APY on up to $ 7.95 and ATM withdrawals MoneyPass ;... Visa, Mastercard, Discover or American Express is our favorite prepaid card receives your cash be... You in court and win before a wage garnishment can happen why it., fees, offer limited benefits, or at Walmart prepaid personal gift cards can not avoid, such savings. Much as $ 6 per transaction for educational purposes only and reloadable card... Variable and may change at any Chase location offer this feature, Extra adds best prepaid debit card to avoid garnishment all purchases... Minimum balance requirement Chime app prepaid gift cards are a good alternative to traditional... Approved or otherwise endorsed by the Washington Post, USA Today, the fee is by... Cards should satisfy just about any financial situation is unique and the Angeles. At more than 24,000 MoneyPass ATM locations around the nation transfer instantly, in case your kids are out friends. For family members choose and how youll use the card and there & # x27 ; s to! So many prepaid debit card options, special perks and widespread availability minimum load! Fees and features educational purposes only without warranty at over 130,000NetSpend reload locations. Include reload charges, which allows users to add value as they spend through the bank these provide! Pay interest to their childs account as a monthly subscription on links to or apply sponsored! 500 or more in monthly direct deposits to you see above for those options.!
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