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A prepaid debit card is a payment card that operates differently from traditional debit cards linked to bank accounts. Instead of drawing funds from a bank account, users preload money onto the card.
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.
Here are a few ways you can get a debit card without a bank account. Prepaid debit cards. Venmo debit cards. Cash Card debit cards from Cash App. 1. Prepaid Debit Cards.
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.
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
Fees and Details. Card Purchase Fee. Free if bought online; up to $9.95 at retailers. Monthly Fee. Between $5 and $9.95 per month or $1.50 per transaction, depending on the plan
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