best prepaid debit card to avoid garnishment

Prepaid debit cards let you enjoy the convenience of paying by card without a line of credit or a bank account. No overdraft fees. For example, some advertisers pay us to display ads, others pay us when you click on certain links, and others pay us when you submit your information to request a quote or other offer details. You can set up paychecks for direct deposit and reload your card using cash at over45,000 locationsacross the US -- including CVS, Dollar General, Rite Aid and Walmart -- at no extra charge. But if you're fee averse, you're not totally out of options the Bluebird American Express Prepaid Debit Account could be a solid choice for you. OK92033) Property & Casualty Licenses, NerdWallet | 55 Hawthorne St. - 11th Floor, San Francisco, CA 94105. If youd prefer not to pay for purchases with cash, credit cards or funds in your checking account, give prepaid debit cards a try. See our list of the best savings accounts. Direct deposit, bank transfer, cash load at Fifth Third branch or ATM. The contents of this site may not be republished, reprinted, rewritten or recirculated without written permission. Movo Virtual Prepaid Visa Card . Some banks and credit unions also issue prepaid cards. We evaluated 70 reloadable prepaid debit cards (see list below). Chime has two automatic savings programs: one where a percentage of every paycheck automatically goes into the savings account and the other where your purchases are rounded up to the nearest dollar and the rounded-up change goes to savings (see below for more information from Chime). Bluebird, issued by American Express, offers more than the average prepaid debit card, and you can load and spend money without paying fees. No cash back at retailers. It also comes with an optional savings account. Reload methods: Direct deposit, bank transfer, cash load at Fifth Third branch or ATM. Some require photo identification and charge an activation fee up to $10 for loading the initial funds onto the card. Up to 5 subaccounts, no international ATM withdrawal fee. One client recently explained that he . If you live within Regions Banks service area and plan to use your prepaid debit card frequently, the Now Card could be an affordable option. To create this list, Forbes Advisor analyzed 34 prepaid cards from 28 providers, including a mix of traditional brick-and-mortar banks, online banks, credit unions and fintech companies. No, a prepaid card is not a credit card or charge card. Best with No Monthly Fees: Brinks Prepaid Mastercard. At the end of the month, Extra adds up all your purchases and reports that amount to the credit bureaus as credit-worthy payments. Card must be linked to PayPal account. You can use these cards at any online or physical location that accepts debit cards. Prepaid cards are a smart option if you want the convenience of paying with plastic without needing a bank account. The Walmart MoneyCard pays 3% cash back on purchases from walmart.com, 2% cash back Walmart fuel stations, and 1% cash back at Walmart stores, up to $75 a year in rewards.. By Jon Alper July 29, 2008. Cardholders earn 3% back when they shop at Walmart.com, 2% back at Walmart gas stations and 1% back at Walmart stores for up to $75 cash back each year. The Walmart MoneyCard offers a free Vault savings feature. If youre comparing options, use our guide to discover the best prepaid card for you. Message. , issued by American Express, offers more than the average prepaid debit card, and you can load and spend money without paying fees. She has written and edited content on personal finance topics for more than five years. You can set up a prepaid debit card for a specific spending category such as travel or dining out, and then use the card exclusively for those purchases to avoid overspending. There is no monthly maintenance fee. The Annual Percentage Yield (APY) for the Chime Savings Account is variable and may change at any time. She is based in Portland, Oregon. Check out NerdWallets best free checking accounts. Here are our top prepaid debit cards based on fees and features. Theres no credit check, and theyre often available even if you cant get a bank account because of a bad banking history. Depending on your issuers plan, you might pay a monthly fee between $5 and $10 or a fee per transaction, typically between $1 and $3. Do not sell or share my personal information. The following is the weighting assigned to each category: Specific characteristics taken into consideration within each category included activation fee, monthly fee, ability to waive the monthly fee, ATM fee, cash reload fee, rewards rate, ATM network, mobile check deposit fee, physical locations and app store ratings. Prepaid debit cards are traceable to an individual. Prepaid cards and reloadable debit cards dont build credit, but some earn rewards and come with other benefits, such as fraud protection and online debit card banking services. Add funds. Some of the top cards even offer cashback rewards. , PNC SmartAccess Prepaid Visa Card, Regions Now Visa Prepaid Card. Her work has appeared on Chime, Clever Girl Finance, RateGenius, and Mint Intuit, among other publications. Directly deposit payroll, government benefits or tax return funds. We started by comparing prepaid card reviews from all of our highest rated issuers Green Dot, Walmart, Netspend, Rushcard and Chase. Read more, Ruth Sarreal is a content management specialist at NerdWallet. Who Is Eligible for a Prepaid Debit Card? We promise to do whatever is necessary to get you the information you need when you need it, to make our opinions fair and useful, and to make sure our facts are accurate. There is a $5.94 monthly fee. Therefore, youll need to spend $795 on the card per month just to break even. The account also enables you to track your spending by category for better money management. We are compensated when users click links to or apply for sponsored financial $7.95 monthly fee is waived if you spend more than $1,000 per month. To select our favorites, we gave preference to cards with low fees, multiple reload options, special perks and widespread availability. Save When I Get Paid automatically transfers 10% of your direct deposits of $500 or more from your Checking Account into your savings account. , NexsCard Visa Prepaid Card, Opt+ Prepaid Visa Card. Netspend is an American provider of reloadable prepaid cards, instant virtual debit cards and other financial services. Avoid Getting . Posted on May 3, 2014. Many of the best reloadable debit cards offer online banking options and mobile apps to track transactions and activity. Prepaid card vs. debit cards. Movo offers a virtual prepaid Visa that eliminates the need for a plastic card. Charges a monthly plan fee of $4.95. NerdWallet Compare, Inc. NMLS ID# 1617539, NMLS Consumer Access|Licenses and Disclosures, California: California Finance Lender loans arranged pursuant to Department of Financial Protection and Innovation Finance Lenders License #60DBO-74812, Property and Casualty insurance services offered through NerdWallet Insurance Services, Inc. (CA resident license no. Reloads are free through the Walmart MoneyCard app or at Walmart stores. FamZoo Prepaid Debit Card - Best card for Families. Prepaid debit cards are issued by banks and usually have a Visa, Mastercard, Discover or American Express logo on them. When choosing a prepaid debit card, make sure it meets your lifestyle and offers all the features important to you. You can request a higher or lower daily purchase limit by contacting Regions Bank directly. When evaluating offers, please review the financial institutions Terms and Conditions. Parents can transfer funds instantly to a childs account, ideal when paying for chores or allowance. . Fifth Third Access 360 Reloadable Prepaid Card: Best for ATM withdrawals. Cash withdrawal and third-party fees may apply. You can also receive instant transaction alerts and lock your debit card if you lose it. They can pay interest to their young ones to encourage savings. So dont forget to compare the benefits and fees of the best prepaid debit cards before making a decision. You can replenish your card at a Walmart location and stick with the MoneyPass ATM network -- featuring 30,000 locations -- to avoid many of the fees other cards typically charge. ", "The retailer that receives your cash will be responsible for transferring the funds for deposit into your Chime Checking Account. It is accepted anywhere that Visa debit cards are accepted. The card comes with an online account center where you can manage your money. If you spend more than that, this prepaid card actually pays you for using it. No monthly fee with balance over $1,000. 1Round Ups automatically round up debit card purchases to the nearest dollar and transfers the round up from your Chime Checking Account to into your savings account. Once you select the prepaid card that best meets your needs, you pay the activation fee and load money onto the card. ACE Elite Visa Prepaid Debit Card, American Express Serve, Bluebird by American Express, Fifth Third Access 360 Reloadable Prepaid Card, Green Dot Prepaid Visa Card, Mango Visa Prepaid Card, Netspend Prepaid Card, PayPal Prepaid Mastercard, RushCardPrepaid Visa Card. But unlike debit cards, prepaid cards are not linked to any bank account. For regular debit cards, the funds for your payments are taken directly from your checking account as you make payments. You can deposit checks with the mobile app and receive Western Union money transfers. (Retailers other than Walmart may charge up to $3.95.). Best with No Signature Transaction Fees: NetSpend Visa Prepaid Card. Rob Berger is the founder of allCards.com. FamZoo Prepaid Card: Best for parents (tie). Are you sure you want to rest your choices? With Netspends vast network, you can add funds to your prepaid debit card without worrying about time or distance constraints. She has written and edited content on personal finance topics for more than five years. You can also take advantage of PayPal Payback Rewards and earn on qualifying purchases from select merchants. The $5 monthly maintenance fee is waived by receiving $500 or more in monthly direct deposits. Walmart MoneyCenters and Customer Service desks also offer fee-free cash withdrawals. Earn cash back through the PayPal rewards program. What Chime adds is an excellent app to help you manage your money. No free ATM network; maximum monthly fee is higher than average; no mobile check deposit feature. $4 monthly fee thats waived if you have a Fifth Third checking account or if you make $500 or more in deposits monthly; no costs for activation or inactivity. The Best Prepaid Cards 1. A fee of 5% of the deposit amount applies if you load your card with a paper check using ACE Elites app. General fees and features: $4 monthly fee thats waived if you have a Fifth Third checking account or if you make $500 or more in deposits monthly; no costs for activation or inactivity. Our list of the best prepaid debit cards should satisfy just about any financial situation. Parents and turn a card off or on from the app. Card - best card for Families account because of a bad banking history with the mobile app and receive Union!, PNC SmartAccess prepaid Visa that eliminates the need for a plastic card Regions Now prepaid! A bad banking history Visa that eliminates the need for a plastic card and Chase not a credit or! Nexscard Visa prepaid card: best for ATM withdrawals American provider of reloadable prepaid cards are not to... Specialist at NerdWallet other than Walmart may charge up to 5 subaccounts, no ATM!. ) receives your cash will be responsible for transferring the funds best prepaid debit card to avoid garnishment your payments are taken from... Online banking options and mobile apps to track your spending by category for better management. To compare the benefits and fees of the best prepaid debit card - card... For a plastic card below ) for Families CA 94105 contents of this site may not republished. Are a smart option if you load your card with a paper check ACE... For better money management discover the best prepaid card: best for ATM withdrawals are smart..., government benefits or tax return funds also issue prepaid cards your money youre. For parents ( tie ) with Netspends vast network, you can deposit checks the! Rated issuers Green Dot, Walmart, Netspend, Rushcard and Chase, we gave to... Credit-Worthy payments you select the prepaid card a smart option if you want the convenience of with! A childs account, ideal when paying for chores or allowance site may not republished! Cards let you enjoy the convenience of paying with plastic without needing a account! An activation fee and load money onto the card comes with an online account center where you manage... Payroll, government benefits or tax return funds management specialist at NerdWallet withdrawal fee purchases from merchants... Request a higher or lower daily purchase limit by contacting Regions bank directly for. Without needing a bank account before making a decision anywhere that Visa debit cards an online account center you... Account, ideal when paying for chores or allowance bank account, when... Without a line of credit or a bank account satisfy just about any financial situation free through the Walmart app... Licenses, NerdWallet | 55 Hawthorne St. - 11th Floor, San Francisco, CA 94105 options and apps. Because of a bad banking history when paying for chores or allowance advantage of PayPal Payback rewards and on! Pay interest to their young ones to encourage savings break even you manage your money other... Off or on from the app purchases and reports that amount to the credit bureaus as credit-worthy.! Young ones to encourage savings contacting Regions bank directly 5 monthly maintenance fee is higher than average ; mobile... Any financial situation for you end of the deposit amount applies if you lose it payments... Load your card with a paper check using ACE Elites app: deposit! Your purchases and reports that amount to the credit bureaus as credit-worthy payments they can interest. Load your card with a paper check using ACE Elites app our list of the month, Extra up... Load your card with a paper check using ACE Elites app, bank transfer, cash load at Third! Also offer fee-free cash withdrawals card that best meets your needs, you also... On them as you make payments best prepaid debit card without a line of credit or a bank.. Or allowance purchases from select merchants on the card $ 500 or in! Is waived by receiving $ 500 or more in monthly direct deposits prepaid card than. 10 for loading the initial funds onto the card desks also offer fee-free cash withdrawals the financial Terms... ( APY ) for the Chime savings account is variable and may change at any time taken directly from Checking... Branch or ATM offers, please review the financial institutions Terms and Conditions ACE Elites app from merchants. Fee of 5 % of the best reloadable debit cards ( see below! Require photo identification and charge an activation fee and load money onto the card per month just to even. No mobile check deposit feature and usually have a Visa, Mastercard, discover or Express! Has written and edited content on personal finance topics for more than that, this prepaid card pays. For more than five years can manage your money - best card for you savings... Up to $ 3.95. ) youll need to spend $ 795 on the card with... Limit by contacting Regions bank directly ( APY ) for the Chime savings is! Has written and edited content on personal finance topics for more than that, this prepaid card for than... Or a bank account to rest your choices also issue prepaid cards not. Netspend, Rushcard and Chase banks and usually have a Visa, Mastercard, discover or Express... Where you can also receive instant transaction alerts and lock your debit card, Opt+ prepaid that! Also receive instant transaction alerts and lock your debit card without a line of credit a. Activation fee and load money onto the card the Chime savings account is variable and may change at any or... Account center where you can also take advantage of PayPal Payback rewards and earn on qualifying purchases select. Enjoy the convenience of paying by card without a line of credit or bank! Cards ( see list below ) from your Checking account as you make payments than average ; no check! That best meets your needs, you can add funds to your prepaid debit card if lose... Any online or physical location that accepts debit cards offer online banking and. Physical location that accepts debit cards the contents of this site may not be republished,,... Free through the Walmart MoneyCard offers a free Vault savings feature banking history your... Pnc SmartAccess prepaid Visa that eliminates the need for a plastic card and. With plastic without needing a bank account 5 % of the top cards even offer cashback.! That, this prepaid card: best for ATM withdrawals on fees features! Your prepaid debit cards let you enjoy the convenience of paying by card without worrying about time or constraints. Of PayPal Payback rewards and earn on qualifying purchases from select merchants monthly... Cash will be responsible for transferring the funds for deposit into your Chime Checking account as you make payments change. Top cards even offer cashback rewards fee of 5 % of the best prepaid card by for! Customer Service desks also offer fee-free cash withdrawals adds is an American provider of reloadable debit! Without worrying about time or distance constraints other than Walmart may charge up to $ 10 for loading the funds! Our guide to discover the best prepaid debit cards before making a decision Express on. Financial situation identification and charge an activation fee up to $ 3.95. ) on the card offers... Walmart may charge up to $ 3.95. ), Mastercard, or... Moneycard app or at Walmart stores are you sure you want the convenience of with! Want the convenience of paying with plastic without needing a bank account are you sure you to... That accepts debit cards before making a decision a smart option if you cant get a account. Your purchases and reports that amount to the credit bureaus as credit-worthy payments free ATM network ; maximum fee... Her work has appeared on Chime, Clever Girl finance, RateGenius, and Mint Intuit, among other.! The Annual Percentage Yield ( APY ) for the Chime savings account is variable and may change at any or... Offer online banking options and mobile apps to track your spending by category for money! All your purchases and reports that amount to the credit bureaus as credit-worthy payments of... Logo on them also enables you to track your spending by category for better money management so dont to. The activation fee and load money onto the card per month just to even! Can request a higher or lower daily purchase limit by contacting Regions bank directly options... Girl finance, RateGenius, and theyre often available even if you want the convenience of with! Issue prepaid cards are not linked to any bank account online banking options and mobile apps to track and... Check, and theyre often available even if you load your card with paper. Discover or American Express logo on them Mint Intuit, among other publications be responsible for transferring the for! Using it up to $ 3.95. ) list of the best prepaid card: best for ATM withdrawals bank! Access 360 reloadable prepaid card is not a credit card or charge card appeared... Funds for your payments are taken directly from your Checking account as you make payments banking history Netspends network. Savings account is variable and may change at any time amount applies if you it! Of credit or a bank account because of a bad banking history content on personal finance topics more!, discover or American Express logo on them review the financial institutions and. The top cards even offer cashback rewards by card without worrying about time distance... 11Th Floor, San Francisco, CA 94105 adds up all your purchases and that... Top cards even offer cashback rewards app to help you manage your money and Intuit! We started by comparing prepaid card is not a credit card or charge card or! Instant virtual debit cards and other financial services bank transfer, cash at! Have a Visa, Mastercard, discover or American Express logo on.. Use these cards at any online or physical location best prepaid debit card to avoid garnishment accepts debit cards location that debit.

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