Debt Consolidation Loans In Canada Debt Consolidation Loans In Canada

Find out more on Debt Consolidation Loans In Canada Now!

Saturday, January 17, 2009

Green Dot Visa - Review

By Dan Moskel

The Green Dot Credit Card is a prepaid credit card. It is frequently used by individuals that don't have a checking account.

Card holders receive free direct deposit; this can save you money on expensive check cashing fees. It is accepted at millions of locations world wide.

There is no bank account required or credit check. It does have a monthly maintenance fee of $4.95 but this fee is waived if you deposit $750 or more monthly.

It is accepted over the phone and online. Your cash can be accessed at 900,000 ATM locations in 120 different countries.

It does have a reload fee of $4.95 when you use MoneyPak. Common criticisms are; the amount of fees and poor customer service.

These are purchased at retail locations such as; CVS, Walgreens, The Pantry, and more. You will also have to pay a $2.50 ATM fee and a $9.95 activation fee.

It is issued as a Visa or MasterCard through the Columbus Bank and Trust Company.

They do offer an upgrade to Premier Membership; the advantage is you will receive priority customer service. This upgrade costs an extra $20.

You can purchase this card at many retail locations or you can complete an online application and your card will be mailed in 7-10 business days.

Frequently parents will use this card to teach a child how to manage money. It also gives parents an easy way sending financial help to students that are away at school.

This is a much safer alternative to carrying cash. Also your money is protected should your card ever be lost or stolen.

Using this will give you an easy method of staying within your budget and track your spending. It can also be used to pay your bills such as; utilities, cable, and internet...

In sum we do not suggest this card, We are alarmed that there are additional fees for priority service. We feel that when it comes to your money you are entitled to priority service.

About the Author:

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home