Ad Disclosure

Compare Prepaid Cards

Prepaid cards are a boon for anyone who wants to manage their budget or just have an alternative to paying cash. They're also a good fit for parents who want to monitor the spending of their children and teens or for those with poor or limited credit who aren't eligible for a credit card. Prepaid cards allow users to make online bill payments and other purchases without worrying about cash, interest rates or late fees. Many will also appreciate that they don't require a credit check for approval. We've reviewed the top prepaid cards from our partners below. When looking for a prepaid card, we recommend you read through the fee structure so no fees come as a surprise later. The downside to prepaid cards is that they won't help rebuild your credit history because they don't report to the credit bureaus. If you are interested in cards that can help rebuild your credit, take a look at our secured credit card reviews.

Prepaid Card Reviews & Prices

Updated 07-31-2015

Name & CardSet-Up FeeMonthly FeeCash Withdrawal FeesFeaturesOur Rating & Bottom Line
American Express Serve®
American Express Serve<sup>®</sup>Free$1.00 (no fee in NY, TX & VT)*ATM = free at MoneyPass ATMs; otherwise $2.00
POS = free
Monthly fee waived with direct deposit; Deals & offers; mobile app; purchase protection; online account management
Our Rating:
Our top choice with very low monthly fees, strong online & mobile tools, and great American Express features.
Bluebird by American Express®
Bluebird by American Express<sup>®</sup>FreeFreeATM = $0.00 or $2.00
POS = free
Mobile app; purchase protection; online account management
Our Rating:
No monthly fees, sub-accounts make inter-family money management easy, and terrific American Express features.
PayPal™ Prepaid Mastercard®
PayPal™ Prepaid Mastercard<sup>®</sup>Free$4.95ATM = $1.95
POS = free
Online account management (requires PayPal acct); rewards program
Our Rating:
Low fee structure for basic activities like getting cash, but requires PayPal membership
Netspend® Visa® Prepaid Card
Netspend<sup>®</sup> Visa<sup>®</sup> Prepaid CardFree$0.00 - $9.95
(depending upon plan)
ATM = $2.50
POS = $0.00-$2.00
Prescription discount card; rewards program; mobile apps; text/email alerts; online account management
Our Rating:
Features great online and mobile tools along with prescription savings and limited rewards program
Name & Card Set-Up Fee Monthly Fee Cash Withdrawal Fees Features Our Rating & Bottom Line
MAGIC Prepaid Mastercard®
MAGIC Prepaid Mastercard<sup>®</sup>$4.95$4.95ATM = 2 free/mo, then $2.50
POS = free
Text/email alerts; online account management
Our Rating:
Reasonable fees and many free options for adding or withdrawing cash make this a card worth considering.
SpendSmart™ Prepaid Mastercard®
SpendSmart™ Prepaid Mastercard<sup>®</sup>Free$3.95ATM = $1.50
POS = free
Lock & unlock teen's card via text; mobile app; text/email alerts; online account management
Our Rating:
Prepaid card for teens that allows parents to monitor teen spending and even block specific online and offline purchases
Account Now Gold Visa® Prepaid Card
Account Now Gold Visa<sup>®</sup> Prepaid CardFree$9.95ATM = $2.50
POS = free
Text alerts; online account management
Our Rating:
A basic prepaid debit card without frills
Pink ACE Elite™ Visa® Prepaid Card
Pink ACE Elite™ Visa<sup>®</sup>  Prepaid CardFree$0.00 - $9.95 (depending upon plan)ATM = $2.50
POS = $0.00-$2.00
Portion of your purchase goes to National Breast Cancer Foundation; mobile app; text/email alerts; rewards program
Our Rating:
Prepaid Visa debit card that gives a portion of your purchase to fight breast cancer
Name & Card Set-Up Fee Monthly Fee Cash Withdrawal Fees Features Our Rating & Bottom Line
ACE Elite™ Visa® Prepaid Card
ACE Elite™ Visa<sup>®</sup>  Prepaid CardFree$0.00 - $9.95 (depending upon plan)ATM = $2.50
POS = $0.00-$2.00
Mobile app; text/email alerts; rewards program
Our Rating:
Typical prepaid card with 3 different plan options and limited rewards program
READYDebit Platinum Visa® Prepaid Card
READYDebit Platinum Visa<sup>®</sup> Prepaid Card$9.95$14.95ATM = $2.00
POS = free
Mobile app; text alerts; online account management; credit score tracker
Our Rating:
Rather pricey but offers free credit score and score tracking with direct deposit

Disclaimer: This content is not provided or commissioned by the credit card issuers. Opinions expressed here are author's alone, not those of the credit card issuers, and have not been reviewed, approved or otherwise endorsed by the credit card issuers. This site may be compensated through the affiliate program of the credit card issuers.

Select Next Advisor Blog Posts

6 Traps to Avoid When Talking to Kids About Finance
Given the U.S. is a credit-driven society, a strong grasp of financial topics, especially credit and budgeting, are extremely important to have. But how do you talk to your children about finances? There are a number of surveys, such as those conducted by Spectrem Group and T.Rowe Price, that suggest a lot of parents don?t have [...]

Credit Card + Bank Account = Extra Bonuses
Most reward credit cards on the market offer you rewards in the form of miles, points or cash back when you make purchases with the card. The reward amount you receive varies, but the concept is the same. But what if you could get more? It turns out there is a whole world of "more" [...]

Should My College Student Get a Credit Card?
It might feel like summer has only just begun, but before you know it schools all across the country will be back in session. Many colleges start in August, especially for freshmen who will attend orientation, so it's a good idea for students and parents preparing for that first year away from home to get [...]

Best Intro Bonus Credit Cards with No Annual Fee
If you're in the market for a new credit card, or even if you're "just looking," it's pretty likely you want a card with the best reward values you can get and no annual fee. The cherry on top would be a screaming hot intro bonus that puts some extra cash in your pocket. Luckily, [...]

Share Your Opinion for a Chance to Win $500!
How do you like NextAdvisor's free research and reviews? Tell us about it and you could win $500! At NextAdvisor, we aim for 5-star service and we want to know how we're doing. Simply write a review of NextAdvisor to get a chance to win $500. The winner is picked at random, and the review [...]

Chase Sapphire Preferred: The Savvy Traveler's Card
Whether you're a world traveler or just want a quick weekend away, travel credit cards can get you there. They're great for anyone who wants to earn free flights and hotel stays just for making the same purchases they would anyway. Basically, you earn rewards – usually in the form of points or miles – [...]


Advertiser Disclosure: NextAdvisor.com is a consumer information site that offers free, independent reviews and ratings of online services. We receive advertising revenue from most but not all of the companies whose products and services we review. For credit cards, we review cards from all of the top 10 US issuers by purchase volume (according to Issue 1035 of The Nilson Report, Feb 2014) excluding issuers that require additional accounts to be a cardholder and private label issuers. We may also review cards from other issuers in select cases. We do not review all products in a given category. We are independently owned and operated and all opinions expressed on this site are our own.