While traditional credit cards are great consumer products because they reward your spending, the best prepaid cards are useful because they can help you control your budget.
Here is a list of best prepaid cards.
This card makes for a great checking account replacement because of its wide range of free reload methods across many retailers. Monthly Fee: $6.95Reload Fee: $0 at 45,000 locationsATM Withdrawals: $0 at MoneyPass ATMs ($2.50 at other ATMs)Rewards: None
The second of the American Express cards charges slightly more in fees, but offers 1% cashback rewards in return.Monthly Fee: $7.95Reload Fee: Up to $3.95ATM Withdrawals: $0 at MoneyPass ATMs ($2.50 at other ATMs)Rewards: Unlimited 1% Cash Back
This card does not charge a monthly or annual fee and still offers free reload options and free withdrawals from ATMs.Monthly Fee: $0Reload Fee: $0 at select retailersATM Withdrawals: $0 at MoneyPass ATMs ($2.50 at other ATMs)Rewards: None
Movo is another low-cost card on the list, making it an excellent option for helping you to get your budget under control. Monthly Fee: $0Reload Fee: $0 through Paypal and select methodsATM Withdrawals: $0 at 6,000 ATMs in Visa Plus Alliance ATM network ($2 at other ATMs)Rewards: None
The Brink’s Prepaid Mastercard is one of the most expensive cards on the list and offers a unique high yield savings account boasting 5% in interest returns.Monthly Fee: $9.95Reload Fee: $0 with direct depositATM Withdrawals: $2.50Rewards: Potential