The Green Dot Prepaid MasterCard is a reloadable debit card that can be used anywhere MasterCard is accepted. The reloadable feature allows the user to add funds to the card at anytime. It works like a debit card that does not have a bank account attached to it. This creates several unique features. For example, you never have to worry about overdraft or penalty fees, and there is no minimum balance requirement. The card works very much like a regular debit card issued from a bank. It offers free bill pay, direct deposit, customer service, paper statements, as well as the ability to withdrawal funds from network ATM’s free of charge.
Who Can Apply?
Anyone can apply and qualify for the Green Dot Prepaid MasterCard regardless of credit history. In fact, credit checks are not required by the issuer. “Anyone who does not want to deal with the hassle of penalties and fee’s should apply,” as stated by www.credit.com in their review of the card.
There are many reasons why people use prepaid debit cards. There is an easy approval process and no credit required. The cards come with the same fraud protection features that a normal debit card has, they are easy to use online or phone purchases, they have access to ATM machines, and have very low fees.