Green Dot Visa - Review
The Green Dot Visa is a prepaid debit card. Often this is used by individuals that do not have a bank account. It gives card holders free direct deposit, which can save you hundreds of dollars a year on expensive check cashing fees. In addition this is a real debit card accepted at millions of locations world wide. There is a monthly maintenance fee of $4.95 however if you deposit $750 or more monthly this fee is waived. There is no credit check or bank account required for approval. It is accepted online and over the phone. You can access your cash at almost one million ATMs world wide. It does have a reload fee of $4.95 when you use MoneyPak. Common criticisms are; the amount of fees and poor customer service. These are purchased at retailer locations such as Walgreens, Wal-mart, Kroger, CVS and more. There is also a $2.50 ATM Withdrawal fee and a $9.95 activation fee. This card is issued by Columbus Bank and Trust Company and comes as a Visa or MasterCard. They do offer an upgrade to Premier Membership; the advantage is you will receive priority customer service. This upgrade costs an extra $20. You can purchase this card at retail locations or you can fill out an application online and have a card sent to you within 7-10 business days. Parents have found this card useful to teach their children money management skills. Additionally it is an easy way to send students money that are away at school. Should your card be lost of stolen your money is protected, creating a much safer alternative to carrying cash. You use it to pay your bills. Additionally it will give you a convenient way to track your spending and stay within a budget. In sum we do not suggest this card, We are alarmed that there are additional fees for priority service. We feel that when it comes to your money you are entitled to priority service. We suggest the prepaid Account Now Visa www.accountnow.com for a review visit us or for a review of the prepaid Baby Phat Rush Card. Additionally if you would like a free credit consultation call 1-800-253-3735.
