Green Dot Prepaid Card

The Green Dot Visa is a prepaid debit card. Often this is used by individuals that do not have a bank account.

It gives card holders free direct deposit, which can save you hundreds of dollars a year on expensive check cashing fees. In addition this is a real debit card accepted at millions of locations world wide.

There is a monthly maintenance fee of $4.95 however if you deposit $750 or more monthly this fee is waived. There is no credit check or bank account required for approval.

It is accepted online and over the phone. You can access your cash at almost one million ATM’s world wide.

There are however some criticisms of this card such as; the number of fees and poor customer service. There is a reload fee of $4.95 when you use MoneyPak.

These are purchased at retail locations such as; CVS, Walgreens, The Pantry, and more. You will also have to pay a $2.50 ATM fee and a $9.95 activation fee.

It is issued as a Visa or MasterCard through the Columbus Bank and Trust Company.

They do offer an upgrade to your account for Premier Membership at a cost of $20. This will give you priority customer service.

You can purchase this card at many retail locations or you can complete an online application and your card will be mailed in 7-10 business days.

Frequently parents will use this card to teach a child how to manage money. It also gives parents an easy way sending financial help to students that are away at school.

Your money will be protected if your card is ever lost or stolen. It is a much safer alternative than carrying cash.

You use it to pay your bills. Additionally it will give you a convenient way to track your spending and stay within a budget.

In sum we do not suggest this card, We are alarmed that there are additional fees for priority service. We feel that when it comes to your money you are entitled to priority service.

Instead we suggest the prepaid Account Now Visa card.