Green Dot® Gold Prepaid MasterCard®
You’ve been seeing this one on TV – it’s said to be the most popular prepaid MasterCard® in America.
When you apply, Green Dot® will waive the $4.95 activation fee. And, when your account receives its first direct deposit of at least $250 from an employer or government agency, you’ll receive a bonus credit of $10. Reloading your card by direct deposit is the preferred method, because this service is free.
You can purchase and load the credit card at any of over 50,000 locations, including Walgreens, CSV and Rite-Aid. These retailers do charge a loading fee of up to $4.95.
Upon purchase, you’ll be issued a temporary card, which will need to be activated via telephone. In compliance with the US PATRIOT Act, we do need to verify certain information about you. Once you’ve verified your identity and registered the temporary card, your permanent prepaid credit card will be issued.
The monthly fee is $5.95, but it will be waived in any month in which you load at least $1,000 or make at least 30 purchases with your debit card. ATM transactions within the network are free – and there are thousands of participating locations nationwide. Withdrawals at non-participating ATM’s will carry a $2.50 fee plus any fee the ATM owner might charge.
Funds held in your Green Dot® Gold Prepaid MasterCard® Account are fully insured by the FDIC. Of course it is accepted everywhere that Visa® and MasterCard® debit cards are accepted.
You have 24 hour access to your account transactions and balances through our website. If there has been activity on your card during the previous month, you may also access an account statement on line. Paper statements will not be sent unless requested.
Although we recommend that every consumer get a copy of his or her free credit report and scores and read it carefully, your acceptance for the Green Dot® card is not contingent upon your credit scores. Unlike a credit card, this is a debit card which uses funds you have provided.
In the event that you attempt a purchase that exceeds the balance held in your account, it may be denied, or it may be processed and you will be expected to pay the overdrawn amount immediately, without further demand.
