Bankrate’s 2015 Prepaid Debit Card Survey offers a rundown of the card’s many variables, including fees, restrictions and factors that may affect a consumer’s decision in choosing a prepaid debit card. The SunTrust Prepaid MasterCard has a $5 monthly maintenance fee, as well as a $4 activation fee.

SunTrust Prepaid MasterCard

Are funds FDIC-insured? Yes
Monthly maintenance fee $5
Can the monthly fee be avoided? Yes
Card activation fee $4
Reload fee via direct deposit $0
ATM withdrawal fee (issuer’s ATM) $0
Nonissuer’s ATM withdrawal fee, not including any bank fees $2
ATM balance inquiry $0
Fees for point-of-sale transaction  $0
Fees for signature transaction $0
Paper statement fee $3
Paper statement at ATM N/A
Bill payment fee $0
Fee for customer service by phone $0
Declined transaction fee $0
Purchase overdraft available? No
Cost of purchase overdraft N/A
Inactivity fee $0
Notes: There is a $4 fee when obtaining the card at a branch; no fee when obtaining the card online. The monthly maintenance fee is waived with more than $500 monthly direct deposit. Recurring online bill payment not available. There are no fees if card balance is zero. A fee of $15 is assessed to close an account with a balance at customer’s request.

Bankrate.com surveyed 31 prepaid debit card offers Feb. 2-10, 2015. These are the resulting fees, restrictions and other card provisions.

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