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 |
Inactivity fee | $0 |
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.