RushCard – Prepaid Visa, Pay-As-You-Go Plan (by The Bancorp Bank)

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 Prepaid Visa RushCard, Pay-As-You-Go Plan (by The Bancorp Bank) comes with no monthly maintenance fee, but has a $3.95 to $9.95 card activation fee.

Prepaid Visa RushCard, Pay-As-You-Go Plan (by The Bancorp Bank)

Are funds FDIC-insured? Yes
Monthly maintenance fee $0
Can the monthly fee be avoided? N/A
Card activation fee $3.95-$9.95
Reload fee via direct deposit $0
ATM withdrawal fee (issuer’s ATM) $0
Nonissuer’s ATM withdrawal fee, not including any bank fees $2.50
ATM balance inquiry $0 in network; $0.50 out of network
Fees for point-of-sale transaction  $1
Fees for signature transaction $1
Paper statement fee $1
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 $1.95
Notes: There is a charge of $1 for each signature and PIN transaction, capped at $10 in each calendar month. Card issuance or activation fees are $3.95 to $9.95, depending on the card choice. An inactivity fee is assessed if no card transactions or loads onto a card have occurred for 90 consecutive days. Inactivity fee is assessed each month and will be deducted from the card balance until you next use your card. surveyed 31 prepaid debit card offers Feb. 2-10, 2015. These are the resulting fees, restrictions and other card provisions.