» » Green Dot Prepaid Visa Card: Are the Fees Worth It? The Green Dot Prepaid Visa Card could help you manage your funds without a bank account.

Green Dot Prepaid Visa Card: Are the Fees Worth It? The Green Dot Prepaid Visa Card could help you manage your funds without a bank account.

Green Dot Prepaid Visa Card: Are the Fees Worth It? The Green Dot Prepaid Visa Card could help you manage your funds without a bank account.

The Inexperienced Dot Pay as you go Visa Card* enables you to load money from a lot of in style retailers (for a charge), make the most of early direct deposit, switch funds from a checking account at no extra price and switch cash between Inexperienced Dot customers totally free. However there are quite a few charges you may must take care of.

If you do not have a checking account, the Inexperienced Dot card might show you how to handle funds since you possibly can have as much as $10,000 on the cardboard and monitor your account by way of a cellular app.

It isn’t a bank card, so you will not earn any rewards or construct your credit score if you use it. However if you happen to’re on the lookout for a card you possibly can reload funds to and obtain direct deposits onto, it is price contemplating. Here is all the things you’ll want to know concerning the Inexperienced Dot Pay as you go Visa card.

On this article

  • Loading funds​
  • Card charges and withdrawal limits​
  • Different card options​
  • How you can qualify for the Inexperienced Dot Pay as you go Visa Card​
  • Various playing cards​
  • FAQs​

Loading funds

You possibly can load funds onto the cardboard totally free out of your linked checking account or by loading money onto it at a lot of in style retailers. You might be charged as much as $5.95 when reloading.

You are capable of load money at:

  • 7-Eleven
  • CVS
  • Ceremony Support
  • Walgreens
  • Greenback Normal
  • Household Greenback
  • Safeway
  • Walmart
  • Kroger

You possibly can add as much as $3,000 to the cardboard day by day, however you possibly can’t add any extra funds in case you have greater than $3,000 on the cardboard already. Regardless of these limitations, there is a most card stability of $10,000.

Card charges and withdrawal limits

Along with the charge for loading money onto the cardboard, there is a month-to-month $7.95 utilization charge that is waived if you happen to load $1,000 or extra a month to your card. Organising direct deposit might show you how to qualify for this charge waiver. 

There is a $3.00 ATM withdrawal charge, and you may solely withdraw $300 at a time from an ATM (the day by day most withdrawal restrict is $500). Withdrawing from a financial institution teller at a collaborating financial institution has a day by day restrict of $1,500 with a $3.00 charge. It is best to be capable of withdraw money from any financial institution that companies Visa playing cards, but it surely’s a good suggestion to double test along with your banking establishment.

Different card options

You possibly can monitor your account from the Inexperienced Dot cellular app. You are additionally capable of arrange early direct deposit, use cellular test deposit and switch funds out of your financial institution or to different Inexperienced Dot members.

To be able to qualify for cellular test deposit, you may must have two months of 4 consecutive payroll direct deposits, plus at the very least one transaction prior to now month.

How you can qualify for the Inexperienced Dot Pay as you go Visa Card

When you will not want a checking account to qualify, you have to to offer a lot of identifiers to Inexperienced Dot with a purpose to get the cardboard. You may want to offer Inexperienced Dot your:

  • Title
  • Handle
  • Date of delivery
  • Social Safety quantity
  • Driver’s license (in some instances)

Various playing cards

Contemplate these different pay as you go debit playing cards if you happen to’re not within the Inexperienced Dot Pay as you go Visa Card.

PayPal Pay as you go Mastercard

The PayPal Pay as you go Mastercard* gives loads of methods to reload your funds and encompasses a decrease refund charge and month-to-month charge. Reasonably than as much as $5.95 with the Inexperienced Dot card, you may pay $3.95 to reload at over 130,000 NetSpend Reload Community areas, or by PayPal. It has the identical money reload restrict and it will price barely extra to purchase the cardboard from a retailer (as much as $4.95 in comparison with $1.95).

Serve American Categorical Card

The Serve American Categorical Card* enables you to load money to the cardboard at most of the identical areas because the Inexperienced Dot card — however there is no reload charge. You are still capable of arrange direct deposits, handle your account from a cellular app and you may register your transactions so as to add an additional degree of safety towards fraud.

FAQs

*All details about the Inexperienced Dot Pay as you go Visa Card, the PayPal Pay as you go Mastercard and the Serve American Categorical Card has been collected independently by CNET and has not been reviewed by the issuer.

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author-Orbit Brain
Orbit Brain
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