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What are some companies offering globally accepted prepaid cards?

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Quick Answer

Some companies that offer globally accepted prepaid cards as of 2015 include American Express, Green Dot Bank, Kmart, MetaBank and Fifth Third Bank. The American Express Prepaid Card has minimal fees and offers direct deposit, according to U.S. News & World Report.

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Full Answer

Prepaid cards are the fastest growing non-cash payment method in the USA as of 2015, states Forbes. The cards are popular mostly for those who choose not to have a traditional bank account but still want the convenience of a debit card. Forbes mentions the American Express Bluebird with direct deposit card as one of the best prepaid cards as of 2015. Other good cards are the H&R Block HRB Emerald Prepaid MasterCard and the Green Dot GDOT Card from Green Dot Bank.

Other companies that offer globally accepted prepaid cards include JPMorgan Chase, BB&T, Suze Orman and Magic Johnson. Many of the prepaid cards come with annual or monthly fees, and users may also be charged a fee for each individual transaction. Activation fees, PIN signature fees and ATM fees may also be in place for many of the prepaid cards, unlike traditional bank cards. The cards are accepted anywhere in the world where the Visa, MasterCard or American Express logo is available.

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