Q:

What is the cost of a Visa reloadable prepaid card?

A:

Quick Answer

Consumers can order reloadable Visa prepaid cards free online. However, adding funds to the card usually results in a fee. Fees vary depending on the originating bank and reload location.

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Full Answer

Prepaid Visa cards from Green Dot, NetSpend and many others allow direct deposit free, but adding money to a card in store results in a fee. Prepaid Visa cards also have transaction fees that average one dollar each. Consumers can avoid numerous fees by signing up for a fee plan with the card provider. The fee plans range in price from an average of six to 10 dollars a month. The fee plans are similar in price to account fees that most banks charge for debit accounts.

Visa offers a list on its website of all the companies that offer prepaid cards with the Visa logo.

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