The Plastyc UPside Classic and READYdebit Control cards charge per call. Inactivity fee: Some banks charge inactivity or dormancy fees if you don’t use your account for a long time (generally 180 days or more), but seven of the prepaid debit cards in Bankrate’s survey start charging customers for not using their card after as little as 90 days.
Several others will close an account with a balance after two or three months of inactivity.
The Chase Liquid card, for instance, charges .95 a month (waived if you already have a Chase bank account you link to the Liquid) but gives users access to many of the services regular checking account customers get. ) Some charges, like fees to use out-of-network ATMs, are pretty common among both prepaid cards and traditional checking accounts.But you shouldn’t choose a card based solely on its monthly fee or lack thereof.Some cards that tout no monthly fees stick in all sorts of other fees.(Wells Fargo is the exception here; Stagecoach card users get one freebie a month, then they have to pay || .50 to use an ATM whether it’s a Wells Fargo machine or not.) The Pew Charitable Trusts called out American Express in a recent report for not covering customer deposits with FDIC insurance; the group said the state-level deposit protection Am Ex used was inadequate.Last month, the issuer announced that funds in its Walmart-partnered Bluebird cards are now FDIC insured.A word about monthly fees: About two-thirds of the cards in Bankrate’s survey charge a monthly fee.
For example, to avoid the $3.95 monthly fee charged by the READYdebit Control card, you have to have $1,500 loaded onto the card monthly.
It’s the same story with the Moneygram Account Now card, except the user has to have $2,500 deposited each month to avoid a $9.95 monthly fee.
But for people who can’t or don’t want to have a checking account, the rapid growth of the pre-paid market has led to some more customer-friendly options.
The Delaware State Bureau of Identification (SBI) is the central repository for criminal history information in the State of Delaware.
Meanwhile, some cards that do charge monthly fees offer a lot of other features and services at no cost.