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The Approved Card from Suze Orman

Debit Cards » Best Prepaid Debit Cards » The Approved Card From Suze Orman

Championed by personal finance guru Suze Orman, The Approved Card From Suze Orman charges a relatively low $3 monthly maintenance fee. You can pay a bill by check for $1. 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.

The Approved Card from Suze Orman (by Bancorp Bank)

Are funds FDIC-insured?Yes
Monthly maintenance fee$3.00
Can the monthly fee be avoided?No
Card activation fee$3.00
ATM withdrawal fee (issuer's ATM)N/A
Nonissuer's ATM withdrawal fee, not including any bank fees$2.00
ATM balance inquiry$1.00
Fees for point-of-sale transaction$0.00
Fees for signature transaction$0.00
Paper statement fee$2.00
Fee for customer service by phoneOne free per month, then $2.00
Declined transaction fee$0.00 for point-of-sale or signature transaction, $1.00 at ATM (waived for 30 days after each direct deposit or bank transfer)
Inactivity fee$0.00; may be closed if zero balance after three months
Notes: Reload fees at retailers vary fom $3.50 to $4.95. Monthly maintenance fee waived first month. ATM fees waived at Allpoint ATMs for 30 days after each direct deposit or balance transfer. No fee for electronic bill payments; $1 for paper checks.

 

Bankrate.com surveyed 24 prepaid debit card offers from Feb. 12-19, 2013. These are the resulting fees, restrictions and other card provisions.

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Don Taylorsavings
You've matured, but maybe not those savings bonds you received as a kid.
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