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Netspend Visa Prepaid Debit Card
Debit Cards » Best Prepaid Debit Cards » Netspend Visa Prepaid Debit Card
The Netspend Visa Prepaid Debit Card's point-of-sale transaction fees are not good for the basic user. Upgrading will cost you $5 per month and require a direct deposit, but will wipe out point-of-sale fees. Bankrate's 2013 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.
Netspend Visa Prepaid Debit Card (Pay-As-You-Go plan) |
|---|
| Are funds FDIC-insured? | Yes |
| Monthly maintenance fee | $0.00 |
| Can the monthly fee be avoided? | N/A |
| Card activation fee | $0.00 online or by phone; store fees vary |
| ATM withdrawal fee (issuer's ATM) | $2.50 |
| Nonissuer's ATM withdrawal fee, not including any bank fees | $2.50 |
| ATM balance inquiry | $0.50 |
| Fees for point-of-sale transaction | $2.00 |
| Fees for signature transaction | $1.00 |
| Paper statement fee | $5.95 |
| Fee for customer service by phone | $0.50 per balance inquiry; $4.95 per account-to-account cash transfer |
| Declined transaction fee | $1.00 |
| Inactivity fee | $5.95 after 90 days; the fee is $0.00 for Connecticut and New Jersey customers |
| Notes: FeeAdvantage Plan: $9.95 per month and no point-of-sale transaction fees; Premier FeeAdvantage Plan: $5 per month (direct deposit required) no point-of-sale fees. Fee varies by network location when adding cash. |
Bankrate.com surveyed 24 prepaid debit card offers from Feb. 12-19, 2013. These are the resulting fees, restrictions and other card provisions.