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Green Dot and Walmart MoneyCard Named Best Prepaid Cards for Alternative Checking Account by CardHub
Green Dot has Received "Best Card" Recognition for Four Consecutive Years
CardHub’s 2014 Prepaid Card Report Evaluated the Monthly Cost for 26 Popular Prepaid Card Programs Based on Fees and Features
“Green Dot is committed to providing our customers with innovative
products that help them manage their finances conveniently and securely,
so we are delighted to have received this recognition," said
The Green Dot Everyday Prepaid Card and Walmart MoneyCard both offer many features with fewer fees, enabling customers to shop online, check their balance from their mobile phone, pay bills and make everyday purchases without requiring a credit check or minimum balance. Green Dot’s customers are never charged overdraft or penalty fees and have access to more than 22,000 surcharge-free MoneyPass ATMs.
CardHub’s report measured the total cost and eligibility of 26 prepaid cards, based on their features and fees. The cards were evaluated using four scenarios that represented the primary usage patterns of prepaid cards: 1) An alternative to a checking account; 2) A tool to give your child their allowance; 3) An alternative check cashing tool and 4) To provide access to electronic transactions.
The full 2014 CardHub Prepaid Card Report can be accessed here.
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