Green Dot Prepaid Reloadable MasterCard
Green Dot Prepaid Credit Card
Green Dot even offers free ATM withdrawals. At thousands of participating ATMs, there is no charge for cash withdrawals. Outside the network, the fee is $2.50 per withdrawal plus any fees charged by the ATM owner. You can reload the card at a store or by direct deposit of a paycheck or government check.
Prepaid Credit Card with Direct Deposit
The direct deposit is an important feature of the Green Dot card for several reasons. First, you can earn a $10 credit to the card when you sign up for direct deposit with an amount greater than $250. And with direct deposit, you don't have to worry about cashing or depositing checks. The funds simply get added to your Green Dot card automatically. And unlike expensive check cashing stores, direct deposit is free. You can choose to deposit part or all of your government (Social Security, IRS, Medicare, Unemployment, Disability, Welfare, Military, etc.) or payroll check, plus you can enroll multiple employers or payors. And remember, you can cancel your enrollment at any time.
Green Dot Fees
The fees associated with Green Dot prepaid credit cards depend in part on how the card is used. For example, as noted above, withdrawals from ATMs within the Green Dot network are free, while a small fee applies to use of an out of network ATM. In addition, the cost to buy a Green Dot card is just $4.95. If you make 30 purchases or more in any month, there is no monthly fee. Otherwise, the cost is $5.95 per month.
Here's a summary of the prepaid card's key features:
- Free Online! Save $5 over retail price
- Free ATM withdrawals at thousands of ATMs
- Monthly Charge waived when you make 30 purchases or load $1,000
- Free Online Bill Pay
- $10 Credit and Free Loading with Direct Deposit
- No credit check, EVER
- No bounced check fees or outrageous interest charges
