What is the best prepaid card to use in us?

What is the best prepaid card to use in us?

What is the best prepaid card to use in us?

Best prepaid cards

  • Best for no monthly fee: Bluebird® by American Express.
  • Best for limited fees: Starbucks® Rewards Visa® Prepaid Card.
  • Best for cash back: American Express Serve® Cash Back.
  • Best for cash reloads: American Express Serve® FREE Reloads.
  • Best for families: FamZoo Prepaid Card.

What card is better than netspend?

Netspend® All-Access® Account by MetaBank – Best for overdraft protection. Walmart MoneyCard – Best for regular Walmart customers. Brink’s Money Prepaid Mastercard – Best for a prepaid debit card with a savings account. American Express Serve® Review – Best for low or no fees.

What are the disadvantages of having a prepaid credit card?


  • Hidden fees. This is the biggest, most significant downside to prepaid cards and may outweigh all of the pros.
  • No interest. Money stored on prepaid cards does not accrue interest.
  • May not be safer than credit cards.
  • No credit-history boost.

Is there a fee for prepaid Visa cards?

A prepaid Visa activation fee is a fee that is charged to the buyer of the prepaid card to put value onto the card. It occurs when you first purchase the card. At grocery stores, it is typically a $4.95 fee on top of the amount on the gift cards. An example would be $25 + $4.95 activation fee.

Which is better Chime or Varo?

Chime is better than Varo if: You run on a tight budget. Chime provides overdraft protection with just $500 in monthly direct deposits compared to Varo’s $1,000-deposit requirement. It covers you up to $200 compared to Varo’s $100 and doesn’t charge a fee for the service.

Is Chime and Green Dot the same?

Chime is part of the Green Dot® network as well, through which you can make cash deposits at stores like CVS and Walgreens. Aside from the aforementioned out-of-network fee, Chime does not institute any other fees.

What is wrong with prepaid card?

Prepaid cards do not provide as much protection to consumers like credit and debit cards. You don’t get the same level of protection of credit and debit cards in case of fraudulent activities.

Do all prepaid cards require Social Security number?

Do You Need a SSN for a Prepaid Card? Fortunately, no, you don’t need a SSN to apply for most prepaid cards. In fact, many prepaid cards can be purchased and used by people who do not have a social security number.