Can anyone share their opinions on which prepaid credit cards are best to purchase?
I am trying to avoid the bank’s overdraft scams and I think the only way to get a handle on my finances is to go with the prepaid cards. I know that any fees connected to a prepaid credit/debit card is way better than the high bank fees, but still want to go for the best card at the best rate. Anyone have any good experiences or bad with prepaid credit cards? Can you load it by calling in your bank info? I’ve never used any of these and don’t know the first thing about it. I would appreciate some information!
Tags: anyone, Best, Cards, Credit, opinions, Prepaid, purchase, share, Their
I have a prepaid visa card from Wally World (Wal Mart) and I would recommend it to anyone who want’s to avoid the bank. Check out the info at your local Wal Mart in the customer service center. Just a little FYI -
Besides the new debit card, Wal-Mart offers payroll check cashing, bill payment, money orders, money transfers and Wal-Mart branded credit cards. The Wal-Mart MoneyCard costs $8.95 to buy and $4.95 for monthly maintenance. Cash can be loaded on the card for free by cashing a payroll or government check at Wal-Mart or direct depositing. Otherwise it costs $4.64 to reload the card.
I’d agree that the Wal Mart card may be a good one for people. I personally try to look for other alternatives to Wal Mart (for most things), and recently got a Readydebit Visa prepaid card. The fees seem low ($10 to get the card, $5/mo, no purchase transaction fees). The part I like best is the no overdraft fees. Anyway, the website is http://www.readydebit.com if you want to check it out.
The All Access® Prepaid Visa® Card gives you the simplicity and the convenience you need to manage your finances. All Access is more than just a card – it’s a full service account that takes care of all of your financial needs in just one place.
Benefits
100% Approved – no credit check and bad credit is okay.
$10,000 Load Capacity – reloadable at retailers nationwide.
No Upfront Payment – and no minimum balance requirements.
FREE Savings Accounts – higher rate than most national banks.
FREE Instant Transfers – send money to other cardholders.
FREE Account Alerts – email or text messages on account activity.
FREE Direct Deposit – make payday faster and safer.
Online Bill Pay – pay bills to anyone at any time, online.
Extra Cards – on the same account for family members or yourself.
Fees associated with All Access® Prepaid Visa® Card
Annual Fee: $0
Cash Advance Fee: $2.00 for U.S. ATM transactions; $4.95 for international ATM
Minimum Deposit: $10
Application Fee: $9.95
Participation Fee: ($9.95 monthly) or optionally pay per transaction
Reload Fee: $0 for direct deposits or PayPal transfers, $4.95 for ACH or credit or debit card transfers; In person retail cash load fees vary by merchant location.
Inactive Fee: $5.95 Apply online at: http://www.credit-card-gallery.com/PrePaid_Card.html
I’ve found this one that looks pretty good.
http://www.newcountrydj.com/credit/