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Best overall prepaid debit card: Greenlight Debit Card For Kids. Best for overdraft protection: Netspend Prepaid Card. Best for receiving federal benefits: Direct Express Prepaid Debit Mastercard.
Fees. Card Purchase Fee. $0 if purchased online; up to $5 at retail locations. Monthly Fee. None. Reload Fee – No fee from American Express or to reload at Walmart
Pros. Cons. Can get a free debit card even if you don’t have good credit. Many prepaid cards come with fees such as activation fees, transaction fees, reload fees, withdrawal fees.
Prepaid card may refer to: . Prepaid debit card, a card that debits money from an associated account that ordinarily requires use of a PIN code for verification; Prepaid credit card, a card that debits money from an associated account that ordinarily uses a signature rather than a PIN for verification
It is the world's largest prepaid debit card company [2] by market capitalization. Green Dot is also a payment platform company and is the technology platform used by Apple Cash, [3] Uber, and Intuit. The company was founded in 1999 by Steve Streit as a prepaid debit card for teenagers to shop online.
Advantages of prepaid debit cards include being safer than carrying cash, worldwide acceptance, not having to worry about paying a credit card bill or going into debt, the opportunity for anyone over the age of 18 to apply and be accepted without checks on creditworthiness, and the option to deposit paychecks and government benefits directly ...
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