Top 10 no-fee prepaid debit cards
Individuals are turning more and more to no-fee prepaid debit cards for the many benefits that they provide. Listed below are few of the best no-fee prepaid debit cards in the US:
American Express Serve Rewards
This card has got several features that allow free direct deposit and free ATM withdrawals. This card offers 1% cash back on every purchase and with absolutely no annual cap. Neither there is a need for a credit check, nor there is need to maintain any minimum balance, as it is completely free to register online. You will get this with a minimum monthly fee of $5.95.
BBVA Compass ClearSpend Prepaid Card
It is one of the easiest and most secure options for cashing and checking, and it can be a very clever way to handle your cash as well. Through this card, you can easily make purchases virtually anywhere, and you can even track your expenditure in the app itself. Also, get a customized budget along with the real-time alerts that give you complete control that you require. There will be absolutely no overdraft fees, as well as no purchase transaction fees, and neither there is any need for load fees, and credit check.
Kaiku Visa Prepaid Card
This is a new card that arrives with low fees, and you don’t have to bother about maintenance fees, as it’s not needed if you make any direct deposit of $750 per month. It is an easy-to-use no-fee prepaid debit card.
NetSpend Visa Prepaid Card
Due to its amazing features like easy to understand fee structure, this card has gained more popularity. While the card arrives with 3 different plans such as “no fee plan (just $1 fee for signature purchases”; and a $2 fee for every PIN purchase transactions, it also provides a Fee Advantage Plan with a $9.95 monthly fee and includes free unlimited transactions. The Premier Fee Advantage Plan comes with $5 monthly fee along with the unlimited transactions. If you make few transactions every month, it’s better to go for zero monthly fee plans. However, if you have lots of items to purchase, it is good to go with a monthly fee and unlimited transactions. You can thus, adopt the affordable plan like the NetSpend Premier Fee Advantage Plan, which assists you to set up a direct deposit of at least $500 in a single calendar month.
Card.com Visa Prepaid Card
It allows you to select best designs out of several interesting designs. You don’t have to pay any overdraft fees, and neither there is a need to pay any late fees. Also, there is no need to maintain any minimum balance, and it’s free to join, with no credit check. You will just pay $5.95 monthly fee, and pay $1 balance inquiry fee as well.
H&R Block Emerald Prepaid MasterCard
This Prepaid MasterCard gives various key benefits like no monthly maintenance fees, and these are usually accepted anywhere. The card is actually a great ideal for all the people who have bank accounts, as they offer great opportunities. Individuals can visit the nearest H & R office to get this card, and offer easy set up like direct deposits for paychecks as well as other regular income.
Mango Money
You can save plenty of money since it offers an APY of up to 6%. One has to pay a monthly fee of $3, and somehow, the fee is excused if you load for at least $500 every calendar month. Even there are certain ATM fees, where you can check your balance online for free. There is no sign-up or activation fee, and neither is there a need for bank transfer/load fee, or any of the customer service fees. This is one of the popular no-fee prepaid debit cards you can apply for.
Green Dot Card
The card has been a leader for a long period, and you can avoid the $4.95 activation fee by buying this card online. Also, you don’t have to pay any ATM charges (in case, you use a MoneyPass ATM). The monthly fee that is being charged is about $5.95.
Western Union® NetSpend Prepaid MasterCard
Many features make this card affordable and easy to use. Like other prepaid cards, you can make free deposits or reap benefits provided by the government such as Social Security, SSI, etc.
The card provides with a pay-as-you-go option and no fees (monthly) charged for using it. However, the users of this card will have to pay $1 for every purchase made, and $2 for every PIN transaction. In case, you use your card frequently; you would be signing up for the $9.95 per month. You can go for any of the plans such as Monthly Fee Advantage Plan or $5.00 monthly Premier Fee Advantage Plan, as both plans are good and arrive with benefits like unlimited signature purchases and PIN transactions.
AccountNow Prepaid Visa Card
It is actually the most affordable prepaid debit card which is suitable best for all those individuals who buy rarely. However, you need to pay a one-time activation fee of $4.95 and further no more monthly charges. Somehow, this card charges for about $1 for every transaction, and also you can use this card as a savings account. It even carries about $9.95 monthly fee, and no other transaction fees will be charged.
These are the few no-fee prepaid debit cards that can be helpful to you during your times of need.