Review of the Visa Prepaid Cash Card
The Visa Prepaid Cash Card was last reviewed on : 1st Febuary 2005
Summary - The Visa Prepaid Cash Card is a debit card that enrolls in the creditBUILDER program. This program reports your activities to
credit bureaus for 12 months and hence helps to rebuild your credit.
You need $159.95 to set up a Visa Prepaid Cash Card. Firstly, there is a
one-time application fee of $59.95, a one-time processing fee of $90.00 and an additional
$10.00 for a minimum first time load. The maintanence fee is $4.95 for maintaining the holographic debit card and $3.95
for maintaining the ATM card. Hence, your total annual maintanence fee is $106.80. The Visa
Prepaid Cash Card charges fees for most transactions but does not charge for Point of Sales
For the creditBUILDER program, you have to send from your bank account
$29.95 every months for 12 months. $19.95 will be reported as payments to your card and you will be credited with a rebate of $10.00 into your card.
As with most debit card, there is no income or employment checks.
The The Visa� PrePaid Cash Card
will suit those looking to rebuild their credit through the creditBUILDER program.
* Allows you to enroll in creditBUILDER program to rebuild your credit history.
* High Monthly Maintanence Fee
* Fees for most transactions
|Visa Prepaid Cash Card|
|Annual Fee||$No annual fee|
|Monthly Maintanence Fee||$4.95 (Holographic Debit Card)|
$3.95 (ATM Card) Withdrawal limit is $300 a day
|Creditbuilder Payments||$29.95 from bank account of which $10.00 will be returned as a credit to your card|
|Card to Card Reload Fee||$1.00|
|Bank Account to Card Reload Fee||$1.00|
|Direct Deposit Reload Fee||$1.00|
|Purchase at Merchant Fee||$0.50|
|Purchase Online Fee||0.50|
|Telephone Purchase Fee||$0.50|
|ATM Withdrawal Fee||$1.50, 1.5% of transaction amount for international withdrawal|
|Point of Sale Withdrawal Fee||$0.00|
|Live Teller Withdrawal Fee||$1.50|
|ATM Balance Inquiry||$1.00|
|Online Balance Inquiry/Service Fee||$0.10|
|Automated Telephone Inquiry/Service Fee||$0.50|
|Customer Live Call Fee||$3.00|
|Paper Statement Fee||$5.00|
|Card replacement/cancellation/reactivation Fee||$5.00|
|Maximum Load||Not less than $25.00 and not more than $500.00 for each load|
Not more than $1,500 a day or $5,000 a week
|ATM Withdrawal Limits||$300.00 within 24 hours|
Apply for the The Visa� PrePaid Cash Card