Editor’s note: This offer is no longer available.
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 Wal-Mart MoneyCard, Plus (Green Dot Bank) comes with a $3 monthly maintenance fee, but has no fee for point-of-sale transactions.
Wal-Mart MoneyCard, Plus (by Green Dot Bank)
|Are funds FDIC-insured?||Yes|
|Monthly maintenance fee||$3|
|Can the monthly fee be avoided?||Yes|
|Card activation fee||Up to $4|
|Reload fee via direct deposit||$0|
|ATM withdrawal fee (issuer’s ATM)||N/A; but free at MoneyPass ATMs|
|Nonissuer’s ATM withdrawal fee, not including any bank fees||$2|
|ATM balance inquiry||No fee at MoneyPass ATMs; otherwise $1|
|Fees for point-of-sale transaction||$0|
|Fees for signature transaction||$0|
|Paper statement fee||$0|
|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|
|Notes: Monthly maintenance fee waived when $1,000 is loaded each month.|
Bankrate.com surveyed 31 prepaid debit card offers Feb. 2-10, 2015. These are the resulting fees, restrictions and other card provisions.