NetSpend cards are prepaid debit cards allow cardholders to make purchases at any location that accepts Visa and MasterCard. Cardholders can reload the card at many retail locations and can use them as an alternative to a bank account for direct deposits of paychecks and government benefits.
Individuals who wish to apply for a NetSpend prepaid debit card may do so at NetSpend.com. Applications do not require credit checks or minimum balances, and cardholders can choose between pay-as-you-go plans and plans that assess a monthly fee. Reloading these cards from another debit card costs $1.95, but no fee applies when transferring funds from a secondary bank account or when using direct deposit options. In-store reloads cost $4.95 as of March 2015.