The 9 Best Prepaid Debit Cards of 2021 | MagnifyMoney
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9 Best Prepaid Debit Cards of 2022

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A prepaid debit card, funded by you with your own money before you use it, can be helpful for managing your spending (because you can only spend up to the amount on the card) or as a more accessible alternative to credit cards (especially if you have a low credit score or no credit, because there are no credit checks involved). If you’re looking for a way to manage your spending while carrying a card from a major issuer, consider one of the best prepaid debit cards on our list.

Best for avoiding fees: Starbucks Rewards Visa Prepaid Card

Starbucks Rewards Visa Prepaid CardEven if you aren’t a regular Starbucks coffee drinker, you might consider the Starbucks Rewards Visa Prepaid Card if you’re looking for a no-fee option. This is one of the few prepaid cards available that has no monthly, annual or reload fees. It’s also a Visa card, so you can use it at many places. To earn and use the Starbucks points that you’ll gain by using this card, you must be a Starbucks Rewards member.

Features

  • Mobile app: The Starbucks app directs you to Chase, where you can reload the card. The Chase Mobile app allows you to set up Easy Reload, which automatically adds funds to your card when your balance falls below a specific amount.
  • Chase Zero Liability Protection: If there are unauthorized charges made with the card, you won’t be held responsible.
  • Earn Starbucks Bonus Stars with your card: Earn 125 stars when you use your card for the first time to load $10 or more, and one Star for every $10 in purchases you make with the card. You can redeem stars for drinks and food, and extras such as espresso shots and syrups.

Fees

There are no monthly, annual, reload or overdraft fees with this card.

How to reload

To add money to this card, you can transfer funds from a Chase checking or savings account, a Chase Liquid Card or your debit card from any financial institution. The Easy Reload feature can text you a notification when funds are low on your prepaid card and offer you to reload within seconds.

ATM availability

This prepaid card cannot be used for cash withdrawals or balance inquiries at ATMs.

ProsCons
  • No monthly, annual or reload fees
  • Earn rewards for Starbucks when you use your card
  • Can use wherever Visa cards are accepted
  • Earns stars, which can be used only at Starbucks
  • Cannot use card at ATMs
  • Must have a bank account to reload
The information related to the Starbucks Rewards Visa Prepaid Card has been independently collected by MagnifyMoney and has not been reviewed or provided by the issuer of this card prior to publication.

Best for no monthly fee: Bluebird American Express Prepaid Debit Account

Bluebird by American Express The Bluebird® American Express® Prepaid Debit Account has no monthly fee and, because it’s an American Express card, comes with many of the benefits and features you might see with their credit cards. It also provides several options for adding funds, withdrawing or making other purchases.

Features

  • Mobile app: Deposit money or manage your card account with Bluebird’s iOS or Android mobile apps.
  • Set up accounts for others within the prepaid card: You can create up to four subaccounts per Bluebird account. These accounts allow you to give a person age 13 or older their own card for access to a set amount of money. You can set limits and control how much the other user spends.
  • Early direct deposit: You may be able to receive your direct deposits up to two days early.
  • American Express benefits: Includes the perks you might find on other American Express cards, such as purchase protection, roadside assistance and fraud protection.

Fees

  • Card price: $5 (or $0 if you sign up online)
  • Monthly fee: $0
  • Cash reloads at Walmart: $0
  • Cash reloads at other participating retailers: Up to $3.95
  • ATM withdrawals (in-network): $0
  • ATM withdrawals (out-of-network): $2.50

How to reload

You can add cash to your card at a Walmart MoneyCenter or Walmart register. If you cash a check at Walmart, you can ask them to add cash to your card. You can also add cash at thousands of other retailers such as Walgreens, Dollar General and participating 7-Eleven stores. Other options for adding money to your card include direct deposit, from a checking or savings account, from another debit card or by requesting money from another Bluebird account holder.

ATM availability

Network includes more than 30,000 MoneyPass® ATMs.

ProsCons
  • No monthly fees
  • Multiple ways to add money
  • American Express perks
  • Fees for cash reloads at non-Walmart retailers
  • American Express may not always be accepted by retailer
  • Free cash withdrawal through only MoneyPass ATMs
The information related to the Bluebird American Express Prepaid Debit Account has been independently collected by MagnifyMoney and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply to American Express credit card offers. See americanexpress.com for more information.

Best for cash withdrawals: Fifth Third Access 360° Reloadable Prepaid Card

Fifth Third Access 360° Reloadable Prepaid Card

With more than 50,000 fee-free ATMs in its network and 1,200 branch locations, you’ll have many places to withdraw cash from a Fifth Third Access 360° Reloadable Prepaid Card without paying a fee. This card also has no overdraft fees, and you can avoid the $4 monthly fee if you’re a Fifth Third checking customer (except for Express Banking) or if you deposit $500 or more to the card in a month. This card is a Mastercard.

Features

  • Mobile app: With the Fifth Third iOS or Android app, you can add money, sign up for direct deposit or transfer funds from your Fifth Third checking or savings account to this prepaid card. You can also use the app to track your purchases.
  • Zero liability: Protection from unauthorized purchases made with your card.

Fees

  • Card price: $0
  • Monthly fee: $4 (or $0 for Fifth Third checking customers, besides Express Banking, or for each month that you deposit $500 or more on the card)
  • Cash reloads: $0
  • ATM withdrawals (in network): $0
  • ATM withdrawals (out of network): $2.75
  • Withdrawal at non-Fifth Third banks: $2

How to reload

Add cash to your card at a Fifth Third financial center or Fifth Third ATM. You can also set up a direct deposit or transfer funds from a Fifth Third checking or savings account.

ATM availability

More than 50,000 fee-free Fifth Third Bank, Allpoint, Presto and 7-Eleven ATMs.

ProsCons
  • Several ways to withdraw cash without paying a fee
  • No fees for the card or cash reloads
  • Waivable monthly fee
  • Monthly fee if you aren’t a Fifth Third checking customer or deposit $500 per month
  • Limited features outside of the Mastercard benefits
  • Cannot transfer from non-Fifth Third banks
The information related to the Fifth Third Access 360° Reloadable Prepaid Card has been independently collected by MagnifyMoney and has not been reviewed or provided by the issuer of this card prior to publication.

Best for earning cash back: Serve American Express Prepaid Debit Account – Serve Cash Back

Serve American Express Prepaid Debit Account

The Serve® American Express® Prepaid Debit Account awards 1% cash back for each dollar spent with the card. Although this is a fairly low rate of cash back, there aren’t many prepaid debit cards that offer cashback rewards at all. Plus the funds are added to your account right away, so you don’t have to wait until the end of a statement period to gain access to your extra cash.

Features

  • Mobile app: Use the Serve Android or iOS apps to manage your account, make payments and deposit money.
  • Cash rewards: Earn 1% cash back on each dollar you spend using the card.
  • Early direct deposit: Funds that are direct deposited may be available up to two days early.

Fees

  • Card price: Up to $3.95 (or $0 if signing up online)
  • Monthly fee: $7.95 (or $0 if you live in New York, Texas or Vermont; no fee in Arkansas until you register your card)
  • Cash reloads: Up to $3.95 depending on where you reload
  • ATM withdrawals (in network): $0
  • ATM withdrawals (out-of-network): Up to $2.50

How to reload

Load funds to your card at thousands of retailers such as CVS and Walmart, through an external checking account or savings account, direct deposit, with a debit card or with an American Express credit card. You can also request funds from another Serve account holder.

ATM availability

Withdraw cash without fees at more than 30,000 MoneyPass ATMs.

ProsCons
  • Purchases earn 1% cash back for each dollar spent
  • Early direct deposit
  • Withdraw cash at in-network ATMs for free
  • Monthly fee cannot be waived (unless you live in New York, Texas or Vermont)
  • No free cash reloads
  • This card is issued by American Express, which may not be accepted everywhere
The information related to the Serve American Express Prepaid Debit Account has been independently collected by MagnifyMoney and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply to American Express credit card offers. See americanexpress.com for more information.

Best for spending and sharing money as a family: FamZoo Prepaid Card

FamZoo Prepaid Card

The FamZoo Prepaid Card lets you set up different accounts for your kids to teach them about spending, saving and giving. You can also set up savings goals and request payments as well as transferring funds for specific purchases. The FamZoo Prepaid Card is a Mastercard.

Features

  • Mobile app: Use the FamZoo mobile app to manage your accounts and monitor the kids’ accounts. Also transfer and request money through the app, which is available for an iPhone, iPod Touch, Android phone or through the browser on other mobile phones.
  • Money requests and reimbursements: Send other FamZoo members on your account requests for money and reimbursements for payments.
  • Savings goals: Set and monitor savings goals with the family.
  • Parent-paid interest: One feature is the option for parents to pay their kids interest on their accounts through parent-paid interest.
  • Spend, save and give accounts: Create separate accounts for spending, saving and giving.

Fees

  • Card price: $0 for up to four (then $3 per card)
  • Monthly fee: $5.99 or $25.99/6 months; $39.99/12 months; $59.99/24 months
  • Cash reloads: $4.95 (first month free trial)
  • ATM withdrawals (in network): $0
  • ATM withdrawals (out-of-network): $0

How to reload

Load funds at retailers such as Walmart, CVS and Walgreens. You can also add money to your card with MasterCard rePower, GreenDot Reload, Green Dot MoneyPak, through direct deposit and with digital wallets like Apple Pay and Venmo.

ATM availability

FamZoo does not charge a fee to withdraw from any ATM, but the operator might charge a fee. You can also check your card balance at ATMs.

ProsCons
  • Up to four cards for family members
  • Easy to send and request money to others on the account
  • Tools and resources available for teaching kids about money
  • Monthly fee cannot be waived
  • Families larger than four pay a card fee for extra cards
  • No extra features outside of teaching kids about budgeting
The information related to the FamZoo Prepaid Card has been independently collected by MagnifyMoney and has not been reviewed or provided by the issuer of this card prior to publication.

Best for teaching kids about money: Greenlight Prepaid Mastercard

Greenlight Prepaid MastercardThe Greenlight Prepaid Mastercard allows you to share your account with family members or up to five kids. It includes parental controls to help manage spending as well as financial tools for teaching children about budgeting and saving. Greenlight offers three prepaid card options — Greenlight, Greenlight Invest and Greenlight Max — which offer different features for different monthly fees.

Features

  • Mobile app: The Greenlight mobile app is available on iOS and Android, and includes features for transferring funds, depositing and managing your family’s account.
  • Savings reward: Greenlight pays 1% on savings to teach children about compound growth.
  • Parental controls: Use parental controls to set spending limits and spending categories. Parents can transfer money instantly to children, turn off the card via the app, receive alerts when the card is used and more.
  • Financial tools: These tools help teach kids how to budget, save and give.

Fees

  • Card price: $0
  • Monthly fee: $4.99
  • Cash reloads: $0
  • ATM withdrawals (in network): $0
  • ATM withdrawals (out-of-network): $0

How to reload

Parents can add two bank accounts and two debit cards to the account to add funds. You can also set up direct deposit.

ATM availability

Greenlight does not charge any in-network or out-of-network fees for ATM withdrawals, but the ATM operator may charge a fee.

ProsCons
  • Finance tools for teaching kids
  • Account covers multiple family members
  • No ATM fees from Greenlight
  • Cannot waive the monthly fee
  • Features are limited to managing family spending
  • Cannot load with cash
The information related to the Greenlight Prepaid Mastercard has been independently collected by MagnifyMoney and has not been reviewed or provided by the issuer of this card prior to publication.

Best for direct deposits: Netspend Visa Prepaid Card

Netspend Prepaid Card The Netspend Visa Prepaid Card is the best prepaid card for direct deposits because you can get paid up to two days faster than you normally would with standard direct deposits. You can also upgrade to Netspend Premier, which has lower fees and other benefits if your government benefits or payroll are $500 or more in direct deposits.

Features

  • Mobile app: iOS and Android apps for managing your account, loading funds, and sending and transferring funds.
  • Payback Rewards: You can choose to participate in Payback Rewards, which are offers based on your shopping habits. The actual rewards will vary and will be credited to your account.
  • High savings account APY: Link to a Netspend savings account with your prepaid card account and earn up to 5.00% APY on balances up to $1,000.
  • Custom cards and virtual numbers: You can choose the image or design you want on your card. You can also get virtual card numbers to use online when you don’t want to expose your card number.
  • Zero liability: Protection against unauthorized purchases made with the card.

Fees

  • Card price: $9.95 (or $0 if it is not purchased at a retail location)
  • Monthly fee: $9.95
  • Cash reloads: Up to $3.95 depending on where you reload
  • ATM withdrawals (in network): $2.95
  • ATM withdrawals (out-of-network): $2.95

How to reload

You can load funds to your card at more than 130,000 locations, including gas stations, grocery stores and other retailers. You can also add funds with direct deposit or from friends and family members who also have Netspend accounts.

ATM availability

There is no specific ATM network for withdrawing cash. Netspend’s ATM fee is $2.95 at any ATM.

ProsCons
  • Early direct deposit
  • Benefits like Payback Rewards and savings options not offered with other cards
  • 130,000 fee-free locations for loading funds to your card
  • Higher monthly fee than other cards
  • Higher card price than other cards
  • ATM fee no matter which ATM you use

The information related to the Netspend Visa Prepaid Card has been independently collected by MagnifyMoney and has not been reviewed or provided by the issuer of this card prior to publication.

Best for Walmart shoppers: Walmart MoneyCard

Walmart MoneyCard by Green Dot Although there are other prepaid cards that you can load and use at Walmart stores, none offer the Walmart-specific perks that the Walmart MoneyCard includes, like 3% cash back at Walmart.com, 2% cash back at Walmart gas stations and 1% cash back at Walmart stores, up to $75 each year. Some of the other perks include a savings account with a 2.00% APY on balances up to $1,000 and the opportunity to receive direct deposit two days early. The Walmart MoneyCard is a Mastercard.

Features

  • Mobile app: The Walmart MoneyCard iOS and Android apps allow you to manage your card account, track your money and pay bills.
  • Walmart rewards: Earn 3% cash back at Walmart.com, 2% cashback at Walmart fuel stations and 1% cash back at Walmart stores, up to $75 each year.
  • Early direct deposit: Allows you to get paid up to two days earlier and receive your benefits up to four days before benefits day.
  • Overdraft protection: Three coverage levels of up to $200 in overdraft protection. If you pay your balance within 24 hours, you can avoid the $15 overdraft fee.
  • 2.00% APY on savings: Earn 2.00% APY on savings up to $1,000.
  • Family accounts: Add up to four members who are at least 13 years of age to the account.

Fees

  • Card price: $1
  • Monthly fee: $5.94 (or $0 with a direct deposit of payroll or government benefits totaling $500 or more)
  • Cash reloads: $3 with card at Walmart registers; $0 using the app at Walmart; other locations up to $5.95
  • ATM withdrawals (in network): $2.50
  • ATM withdrawals (out-of-network): Up to $2.50

How to reload

You can add funds through the Walmart MoneyCard app when you create a secure deposit code that you show the cashier at participating retailers, or by depositing a cash or check at a Walmart store. You can also add funds at a Walmart register with Walmart Rapid Reload or with MoneyPak.

ATM availability

You can use your card to withdraw cash from any ATM, but Walmart does charge a $2.50 fee in addition to any fees the ATM operator might charge.

ProsCons
  • Earn Walmart rewards when shopping
  • High savings account APY
  • Overdraft protection
  • Higher monthly fee than other cards
  • ATM fee that cannot be waived
  • Limited ways to reload
  • The information related to the Walmart MoneyCard has been independently collected by MagnifyMoney and has not been reviewed or provided by the issuer of this card prior to publication.

    Best for digital banking: Movo Virtual Prepaid Visa Card

    Movo Virtual Prepaid Visa CardThe Movo Virtual Prepaid Visa Card is designed specifically for banking in the digital world. The card includes features, such as eCheckbook and cash flow management tools. It is also one of the only prepaid debit cards that allows you to convert and transfer cryptocurrency.

    Features

    • Mobile app: The Movo app is available on iOS and Android platforms and allows you to manage your accounts, track finances, send and receive payments and transfer cryptocurrency.
    • eCheckbook: Schedule and send payments via electronic payment to more than 8,000 billers in the U.S.
    • Digital cash card: Like a virtual number, you can create a digital cash card to use when you need to make a purchase and don’t want to use your actual card number.
    • Movo Chain: Convert cryptocurrency into dollars and transfer to anyone with an email and mobile number.

    Fees

    • Card price: $5.95
    • Monthly fee: $0
    • Cash reloads: $0
    • ATM withdrawals (in network): $2
    • ATM withdrawals (out-of-network): $2

    How to reload

    You can deposit funds from an external bank account or you can set up direct deposit. You can load cash onto your card through Vanilla, Moneygram, Green Dot and Mastercard Repower.

    ATM availability

    Movo includes access to 3.5 million in-network ATMs.

    ProsCons
    • Completely digital
    • Convert and transfer cryptocurrency
    • Minimal fees
    • ATM fee cannot be waived
    • Higher card price than others
    • Lesser-known company than others
    The information related to the Movo Virtual Prepaid Visa Card has been independently collected by MagnifyMoney and has not been reviewed or provided by the issuer of this card prior to publication.

    Summary of the best prepaid debit cards of 2022

    Best forPrepaid debit cardDetails
    No feesStarbucks Rewards Visa Prepaid CardNo monthly, annual or reload fee; earn Starbucks Bonus Stars by using the card
    No monthly feeBluebird American Express Prepaid Debit AccountNo monthly fee; multiple ways to add money to card
    Cash withdrawalsFifth Third Access 360° Reloadable Prepaid Card50,000 ATMs in the network and 1,200 branch locations for free withdrawals
    Earning cash rewardsServe American Express Prepaid Debit Account1% cash back for each dollar spent with the card
    Spending and sharing money as a familyFamZoo Prepaid CardUp to four cards for family members; simple sending and requesting of money to others on the account
    Teaching kids about moneyGreenlight Prepaid$4.99 monthly fee for family account with up to five children; kid-friendly finance tools
    Direct depositNetspend Visa Prepaid CardGet direct deposit two days faster; upgrade to Premier account with $500 direct deposit
    Walmart shoppersWalmart MoneyCardEarn 3% cash back at Walmart.com, 2% cash back at Walmart fuel stations and 1% cash back at Walmart stores (up to $75 each year)
    Digital bankingMovo Virtual Prepaid Visa CardOption to transfer and convert cryptocurrency

    Methodology for determining the best prepaid debit cards

    To find the best prepaid debit cards, MagnifyMoney looked at different prepaid cards offered nationwide. We update our list regularly to ensure we’re providing readers with the most up-to-date information.

    We determined our list and rankings by considering the following factors:

    • Features and benefits: The features and benefits offered by the prepaid debit card are the most heavily weighted in determining which cards are the best. We also chose cards if they include notable features and extras.
    • Fees: Prepaid debit cards with fewer and lower fees were selected over similar cards with fees.
    • Using the card: We chose cards according to how easily you can reload or deposit funds to your card and how easily you can withdraw or use your funds. We also chose cards according to how easily and quickly you can get assistance from customer service as well as whether you can manage your account with a mobile app or online.
    Prepaid debit cards: FAQs
    You can typically transfer money from a debit card to a prepaid card via the debit card’s connected bank account. Once the accounts are linked, you may see an option in your bank account to transfer funds where you would select the prepaid card that is linked. You may need the routing and account numbers associated with your prepaid card to transfer funds from the bank.
    Where you can buy prepaid debit cards varies depending on the type of card you want. Most are available at stores such as CVS, Walmart and Walgreens. Once you purchase the card, you can usually load it at the same store. However, this means buying the card, which can cost as much as $5. Many prepaid cards are free if you sign up online instead.
    Prepaid debit cards work like traditional debit cards, but when you use a prepaid card, the funds aren’t pulled from a bank account. Instead, payments are made from funds you’ve loaded directly onto the card.
    Generally, you can use prepaid debit cards online if they’re issued by major card companies like Visa, Mastercard or American Express. In fact, you may be able to use your prepaid debit card online and in stores anywhere that accepts those types of cards, even though it’s prepaid and not credit.