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Click Here to Get the Mango CardUpdate: The Mango MasterCard is currently unavailable. Our recommended alternatives is the Serve from American Express.

Earlier, we published a review of RushCard, a prepaid credit card. To our surprise it sparked a bit of controversy. The question that got so much attention was whether the fees RushCard charges are too high. As part of the discussion, a reader asked about Mango MasterCard Prepaid Card, a new prepaid card that apparently offers a lot of features with few fees. So we checked out the Mango™ MasterCard® Prepaid Card and here’s what we found.

Mango MasterCard Prepaid Card Fees

Having looked at a lot of prepaid cards over the last year, Mango MasterCard Prepaid Card is without a doubt one of the lowest cost prepaid cards available. First, the catch. There is a $5 monthly fee for the card, but Mango MasterCard Prepaid Card will waive the fee if you deposit at least $500 a month onto the card. But even at $5, the fee ranks as one of the lowest, particularly given that the card doesn’t charge for much else. There is a $5 shipping fee to get your card, but Mango™ MasterCard Prepaid Card is even waiving that fee for a limited time. So with deposits of $500 a month, the card is free, and with less than $500 it’s just $5 a month.

Mango prepaid card fees

With one exception, there is also no fee for adding money to your card. A Mango™ MasterCard® Prepaid Card can be loaded with cash through direct deposit, from a bank account, with a Green Dot MoneyPak, from a mobile phone, or online from another Mango MasterCard Prepaid Card customer. Only the Green Dot MoneyPak comes with a fee charged by Green Dot ($4.95). The rest are free. There is a $2 charge for making an ATM withdrawal.

As with most prepaid cards, Mango MasterCard Prepaid Card can be used anywhere MasterCard debit cards are accepted, which is just about everywhere. It can be used to make purchases online, and money can even be transferred and received via your mobile phone.

Here is a summary of what the Mango MasterCard Prepaid Card offers:

  • FREE Prepaid MasterCard
  • $0 Activation Fee
  • FREE Direct Deposit + Get a $20 Signup Bonus
  • FREE unlimited purchase / signature transactions
  • FREE account management online or with your mobile phone
  • FREE to check your balance with your mobile phone
  • No monthly fee when you load $500/month
  • Send money with your mobile phone
  • Load cash at tens of thousands of retailers nationwide
  • No credit check, no bank account needed, no overdraft fees

There’s no doubt that the Mango MasterCard Prepaid Card is at the top of it’s class.  If you continue to use direct deposit, you’ll find this card can truly be fee free and with a 6% rate of return on money deposited, this card gives back like no other.  For more information or to fill out an application online, visit the secure application page for the Mango™ MasterCard® Prepaid Card.

Author Bio

Total Articles: 1083
Rob founded the Dough Roller in 2007. A litigation attorney in the securities industry, he lives in Northern Virginia with his wife, their two teenagers, and the family mascot, a shih tzu named Sophie.

Article comments

Ken says:

Wow…what a great resource for someone just starting to establish credit.

Joseph Sullivan says:

Here’s my take on Prepaid Debit Cards (payroll cards) based on my own experience:

I used to work at a large national restaurant chain and our card was pretty bad. But, from what I hear, it was typical because most cards either have a monthly fee or pretty limited as to the free items. I have worked at Starbucks for about 7 months now and they allow us to have a card called the Money Manager Card. The choice was pretty simple because there are no monthly fees, I can use it on their network (allpoint atms) free at all times, never any fees to buy things (signing or using my PIN and getting cash back if I want…all without a fee or surcharge), no overdraft. Let’s just say I haven’t paid a fee in the entire time I’ve had the card. It’s pretty simple to use it at no charge and I really don’t have to tip-toe around any limited free items like most other cards I have seen have.

Oh, and don’t lose most payroll cards! If you do, it’ll cost you $$ even to get the replacement sent by the post office. My new card give free replacements when delivered by the post office all of the time. Or, if I want, I can get it delivered by Fedex for $10. Pretty reasonable as I sent something by Fedex a month ago and paid $14!

My point is, if an employer is set on offering its employees a Paycard, it should do both the company and its employees and offer a Paycard that truly costs $0 to use. When I say $0, I mean $0. Not just $0 if you jump through certain hoops, etc.

I should state that Walmart has something that is similar sounding to Money Manager Card. I think it is the Money Card or something like that. That card is definitely not the same.

I did a quick Google search on Money Card when investigating the Starbucks offering and mistakenly clicked on a link to a Money Card “problem” page where people complained about it. Then, I realized that “Money Card” is not “Money Manager Card”.

Thought I would let you know so you don’t make the same mistake and get yourself a card that will end up costing you $$$$.

Bob says:

WalMart uses a version of the MoneyNetwork card.

The MoneyManager card is the best one available if you have direct deposit. They sent one directly to me when I emailed them even though it was not offered through my employer.

Bob says:

The Mango Card does look like a good card although the $500 minimum to avoid a monthly fee is a lot less than the Greendot which is $1,000 – the Greendot also allows you to avoid a fee with just 30 transactions a month. In essence you could get away with spending a lot less to kill the fee with Greendot.You need to look at the TurboTax Refund card also as its a clone of the Greendot with higher loading, spending and daily ATM withdrawal limits.

Britt says:

Just wanted to let people know that are looking for a great prepaid debit card that mango is the way to go. Virtually no fees. Just $5 dollars a month if you dont deposit $500 every thirty days, which is quite easily done. When you call customer service you get someone that you can understand FAST at no additional charge. I give Mango 10 stars!!!!

Jasmine says:

I have two accts w/ mango financial and i use one to just load money for my daughter and one for myself. it’s a GREAT card. the only fee is 5.00 but if you load 500 in a month it’s free greendot waives with 30 purchases or a load of 1000.00 a month. mango also lets you put up to 10,000 dollars onto your mango acct. greendot is only about 3,000 or less i believe 2,500 i did a lot of research before choosing a card and have a lot of experience with greendot. and this is the best so far. i would recommend a mango card to anyone. i can also send money from my acct to the one i set up for my daughter free online or through a message and is really available immediately! definitely my choice! also with your after your second direct deposit into your acct. within 30 days you receive ten dollars. and there are also down-loadable referral cards where you write your mobile number and when they sign up they enter it and you both receive 5.00 when they activate and load they’re card.

Erik Wade says:

I would like to become an outside sales agent.

BoB says:

An interesting thing about the Mango and Yap cards (they are both from the former owners and founders of NetSpend) is that they are opening ‘Mango Stores’ with a one now in Austin, TX.

At the stores which will probably proliferate fast, people can buy a membership that allows loading a check onto the card or cash at no charge. The membership is lifetime for $10 one time. Thats a great way to bring weekly traffic into a store etc. and offer other products like money transfer etc.

Fairrateslån says:

I think Jasmine is right and there is several great things about such cards.

deborah says:

ˆt would be interesting to see how these cards are viewed by Credit Agencies. As what are the ups and downs of “ownership” when being viewed by a BANK for credit purposes…same ratings as others??

DR says:

Deborah, with prepaid cards such as Mango, there are no credit checks and your use of the card has no impact on your credit score.

hello says:

This is not a credit card. It does not help credit and is, in fact, run by 4 or 5 people in Texas (some of which misunderstand English) who are extremely incompetent. I would not trust my money here again. Keep your banking/money local and with a credit union, if possible.

DR says:

You’re right it’s not a credit card, it is a prepaid card. I’ve used it for some time now with no problems. And by the way, the people that run Mango formerly ran NetSpend, one of the largest prepaid card providers in the world.

qms says:

There are some good points here, I am going to look into this further.

Ashley says:

Hi, does anyone know the max to deposit, because I want to deposit my tax refund and I’m not sure what the max is for that…I dont have a bank account dued to ridiculous overdraft fees. Thanks.

Nicole says:

From the mangomoney.com website:
#How much money can I load at one time?
To add cash to your card, you can add as little as $10 and as much as $1,000 per day. Direct deposit loads are accepted for any amount so long as that amount does not cause the overall Mango Card balance to go over the maximum balance allowed, which may vary from card to card. For your specific maximum card balance, please call us toll-free at 1-877-89-MANGO (1-877-896-2646).

Chris says:

Question: How does one pay certain bills that only take checks?

Does Mango offer free online bill pay that sends eChecks?

tary says:

hey how old do you have to be to get one???

Sarah says:

I’d like to know which credit reporting agencies these cards report to. Can you do a study on this aspect of the pre-paid credit cards?

bronwyn says:

does Mango guarantee/protect money deposited? Do they refund if someone else gets the card and makes charges?

Jeff says:


Your question has been answered many times! These cards DO NOT report to credit bureaus.

Angela says:

i have a question..how much is the fee for withdrawl money out of this prepaid mango card?? anyone know??? this card seems like a great deal but im worry about the monthly fee which is nothing and withdrawl fee… help!!!!!

DR says:

Angela, there is no fee to use the card, including getting cash back at a retailer. There is an ATM fee, which is $2 plus any fees the ATM charges. I hope that helps.

KAY says:

So does this prepaid card help establish credit if you don’t already have a credit card?

Rob Berger says:

No it doesn’t. If you are looking to build credit, prepaid cards in general are not your best bet. Instead, I’d suggest a secured credit card. They are similar to a prepaid card in that you have to add money to the card in the form of a deposit. And your credit limit is the amount of the deposit. But in all other respects they work like a regular credit card, including building your credit. You can check out our list of secured cards here.

Mary Densmore says:

I am looking for a new acct. I have one from Bank freedom I am looking course someone got in to my acct. and the bank will not give me my money back so I just want to know if this happens if I had your acct. what would you do about it and I could”t see if I wanted to get money out how much will it be at a atamac. I would like to here from you Thank you Mary Densmore

Rob Berger says:

Mary, Mango charges $2.00 for each ATM withdrawal. The cheaper way to get cash from a prepaid card is to at a grocery store or other retailer that allows you to get some cash back on a purchase. These types of transactions won’t cost anything with the Mango. In terms of money being taken from your account, it depends on the circumstances. Was it a friend or relative using your card, or did Bank Freedom make a mistake? You can always contact the prepaid card company directly, but it will depend on the specific facts and circumstances of each situation.

vicki l richmond says:

I would like to start building my credit back my husbannd and my daughter. Used my cards all tme and I couldn’t get them payed back

Annie says:

The Mango card site is up and running as of today, 7/24/12. I just looked at it.

Karen says:

Does this card have a daily withdraw limit??

Rob Berger says:

Yes, all prepaid cards have limits. You’ll want to check the terms and conditions to see what they are, as they can change from time to time.