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. With the TD Go Card, there is no monthly maintenance fee, but the bank charges $4.95 to activate the card.

TD Go Card

Are funds FDIC-insured? Yes
Monthly maintenance fee $0
Can the monthly fee be avoided? N/A
Card activation fee $4.95
Reload fee via direct deposit $0
ATM withdrawal fee (issuer’s ATM) $0
Nonissuer’s ATM withdrawal fee, not including any bank fees $3
ATM balance inquiry $0 in network; $3 out of network
Fees for point-of-sale transaction  $0
Fees for signature transaction $0
Paper statement fee $5
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 $2.50
Notes: Inactivity fee is $2.50 after 12 months of inactivity. The reload fee is $1 with a TD Bank debit or credit card. Online bill-pay is not available. Available in New Hampshire, Connecticut, Delaware, Florida, Nebraska, Maryland, Massachusetts, New Jersey, North Carolina and South Carolina. surveyed 31 prepaid debit card offers Feb. 2-10, 2015. These are the resulting fees, restrictions and other card provisions.

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