The 10 best prepaid debit cards you can get without a credit score

If you’re a part of  the “unbanked” community, meaning you don’t use or have access to mainstream financial services such as checking or savings accounts, you aren’t out of luck. Prepaid debit cards are designed to be loaded and used right away as opposed to being a credit line that you pay each month. If you want to actually build credit, a secured credit card may be a better choice. But if you just need a handy way to pay, a prepaid debit card will do the job.

The Fortune Recommends^TM team evaluated the top prepaid debit cards available today and ranked them based on factors such as fees, rewards, and more. Read on to see our top picks. See our full methodology here.

Best prepaid debit cards of July 2024

• Best overall prepaid debit card: Greenlight Debit Card For Kids
• Best for overdraft protection: Netspend Prepaid Card
• Best for receiving federal benefits: Direct Express Prepaid Debit Mastercard
• Best for no fees: Cash Card
• Best for credit card-like perks: Bluebird by American Express
• Best for online security: MOVO Digital Cash Card
• Best for family money management: FamZoo Prepaid Card
• Best for Walmart shoppers: Walmart MoneyCard
• Best for giving back: ONE VIP Visa Prepaid Card
• Best for Paypal users: PayPal Prepaid Mastercard

Best overall prepaid debit card: Greenlight Debit Card For Kids

Why we like this card 

The Greenlight Debit Card For Kids is specifically designed for families and offers unique features that promote financial education for kids while giving parents control and oversight. For example, parents have the ability to monitor and control where and how much their children can spend, including setting specific store-level spend controls. It also allows parents to pay allowances, set spending limits, and categorize these allowances for saving, spending, and giving. The card supports real-time notifications of each transaction, so parents can stay up-to-date on card usage. 

Though there is a monthly fee that starts at $4.95, the Greenlight Debit Card For Kids doesn’t charge any fees for transactions, ATM usage, adding funds, or checking your balance. Additionally, certain membership levels earn 1% cash back, which is deposited to savings (and savings accounts earn up to 5%). 

Best for overdraft protection: Netspend Prepaid Card

Why we like this card 

NetSpend caters to a range of financial needs by offering multiple card plans, each with its own fee structure. With the monthly plan, you can pay a reduced monthly fee of $5.00 as long as you receive at least $500 in direct deposits each month. There are no transaction fees under this plan.

A key feature of this card is its “purchase cushion.” If you perform a transaction that exceeds your available balance by $10 or less, Netspend may choose to approve the purchase anyway without charging you an overdraft fee. You’ll need to make up for any negative balance though. Enrollment is required for this program.

Another perk of the Netspend prepaid card is that it earns rewards. Simply visit your Rewards page to see which customized offers are available, and click to activate the offers you want.

You can then use your card at those retailers to redeem your offers.

The Direct Express card is free of most fees, including monthly fees, transaction fees, and cash reload fees. Users also receive one free ATM withdrawal with each deposit to the card. Additionally, the card includes federal protections against unauthorized transactions, further bolstered by Mastercard’s Zero Liability Protection, making it a secure and practical option for managing federal benefits.

Cardholders can also participate in the PayPerks program, which offers the opportunity to learn about financial management through educational modules. By participating in these modules and taking quizzes, cardholders can earn chances to win cash prizes in monthly sweepstakes.

Best for receiving federal benefits: Direct Express Prepaid Debit Mastercard

Why we like this card 

Issued by Comerica Bank for the U.S. Treasury, the Direct Express prepaid card allows for automatic deposit of federal benefits directly to the card. You can use it wherever Mastercard is accepted, including for purchases, bill payments, and ATM cash withdrawals. 

Best for no fees: Cash Card

Why we like this card 

Issued by Sutton Bank, the Cash Card is a Visa debit card linked to the user’s Cash App balance, offering a convenient way to access funds for purchases anywhere Visa is accepted. It comes with zero monthly fees, transaction fees, and cash reload fees. Plus, in-network ATM fees can be avoided if you receive at least $300 in direct deposits monthly. Its integration with Cash App’s broader financial services, including money transfers, stock investments, and Bitcoin trading, making it a robust financial tool.

The card also features instant discounts at certain merchants like coffee shops and restaurants. Users can also enroll in round-ups to help grow their savings. Security-wise, it offers helpful features like the ability to pause the card instantly via the app and PIN or fingerprint locks.

Best for credit card-like perks: Bluebird by American Express

Why we like this card 

The Bluebird by American Express is a prepaid debit card created in partnership with Walmart. It stands out for its lack of monthly, transaction, and activation fees. Users can benefit from features like direct deposit and online bill payments. It also offers a robust mobile app for account management, including mobile check deposit and money transfers. 

As an American Express product, it includes perks such as purchase protection, fraud protection, and roadside assistance. Free ATM withdrawals are available at MoneyPass ATMs, and cash can be easily reloaded for free at Walmart. Additional features include the ability to create subaccounts for precise budget management and 24/7 customer service with emergency assistance.

Best for online security: MOVO Digital Cash Card

Why we like this card 

The MOVO Digital Cash Card is a prepaid, reloadable debit card that emphasizes a digital-first banking experience. A standout feature is the ability for users to create temporary, disposable digital card numbers for secure online transactions, which goes a long way toward preventing fraud. It also helps you prevent random subscription fees if you happen to sign up for a free trial then forget to cancel before the fee hits. That alone could make the card worth it.

But if you prefer in-person shopping, don’t worry: users also receive a physical Mastercard debit card that can be used in stores, online, and at ATMs. The card also facilitates free person-to-person transfers within its network.

Best for family money management: FamZoo Prepaid Card

Why we like this card 

Similar to Greenlight, the FamZoo Prepaid Card is a family-friendly debit card designed to teach children and teenagers about money management in a practical, hands-on way. A standout feature of FamZoo is its ability to create multiple cards under one family account, allowing parents to allocate funds and oversee the spending of each child individually. Parents can set up automatic allowances, assign chores, and reward kids for good financial behavior. FamZoo also allows for parent-to-child and sibling-to-sibling money transfers. 

One interesting feature of the FamZoo card is the ability to get cards for your kids without providing actual detailed information about them such as a social security number. You can get a card “on behalf of” your child in your name and the card will populate with both your name and theirs. 

There are no fees for standard card activities like purchases or ATM use within the network, though a monthly subscription fee applies.

Best for Walmart shoppers: Walmart MoneyCard

Why we like this card 

The Walmart MoneyCard, issued by Green Dot Bank, offers up to 3% cash back on Walmart.com purchases, 2% at Walmart fuel stations, and 1% in Walmart stores (total annual cash back limit is capped at $75). The card also offers a savings account option with a 2% interest rate on balances up to $1,000 and opportunities to win cash prizes. 

There’s a monthly fee of $5.94, which can be waived with a minimum of $500 loaded onto the card in the previous month. The card provides free cash withdrawals at Walmart stores and ATMs in the MoneyPass network. Meanwhile, the Walmart MoneyCard app provides features such as depositing checks and managing funds. Family accounts are also available for members aged 13 and above. 

Best for giving back: ONE VIP Visa Prepaid Card

Why we like this card 

Issued through Stride Bank, N.A., the ONE VIP Visa Debit Card is a prepaid card focused on supporting the Black community. The debit card offers, a rewards program that earns up to 1.5% cash back on purchases, particularly at select Black-owned businesses. Cash back can be applied to your account, or you can choose to make a charitable donation to a cause benefiting communities of color.

The card is accompanied by a mobile app for managing funds, viewing transactions, and depositing checks. It charges a monthly fee of $7.95 but avoids hidden fees, minimum balance requirements, and overdraft fees. The service has many of the features that mirror traditional banking including the ability to receive funds via direct deposit from your employer.

Best for Paypal users: Paypal Prepaid Mastercard

Why we like this card 

The PayPal Prepaid Mastercard is a versatile prepaid debit card that offers easy integration with your PayPal account. It enables users to transfer funds from their PayPal balance directly onto the card. Additionally, the card can be loaded through direct deposit of paychecks, tax refunds, or government benefits, as well as cash additions at retail locations, including more than 130,000 NetSpend Reload Network locations nationwide. 

While the card is associated with some fees, such as monthly charges, ATM withdrawal fees, and reload fees at certain retail outlets, it does offer special offers and Payback Rewards when you shop at qualifying stores. This optional program awards cash back to your account.

What is a prepaid debit card?

A prepaid debit card is a payment card that operates differently from traditional debit cards linked to bank accounts. Instead of drawing funds from a bank account, users preload money onto the card. This feature allows individuals to spend only up to the amount loaded onto the card, making it unnecessary to maintain a bank account.

Prepaid debit cards are widely accepted wherever regular debit or credit cards are used, including online retailers. This flexibility makes them convenient for everyday purchases and financial transactions, offering an alternative to traditional banking for those who prefer not to maintain a bank account.

Unlike credit cards, prepaid debit cards do not affect credit scores because they are not linked to a line of credit or a loan. Users spend their own preloaded funds, which helps avoid debt accumulation and provides a controlled way to manage finances.

What’s the difference between a prepaid debit card and a secured credit card?

The main difference between a prepaid debit card and a secured credit card lies in how they are funded and their impact on credit history. A prepaid debit card is loaded with your own money that you can spend until the balance runs out. It’s like using cash electronically—there’s no credit involved, so it doesn’t affect your credit score. You reload it as needed, and there’s no borrowing or interest charges since you’re spending your own funds.

On the other hand, a secured credit card requires a security deposit upfront, which usually determines your credit limit. This deposit acts as collateral in case you can’t pay back what you borrow. Unlike a prepaid card, a secured credit card lets you borrow money up to your credit limit and you have to pay it back with interest if you don’t pay in full each month. Using a secured credit card responsibly—making payments on time and keeping balances low—can help build or rebuild your credit history over time.

So, if you’re looking for a way to manage spending without affecting your credit score, a prepaid debit card is the way to go. But if you want to build credit or improve your credit score, a secured credit card might be the better choice, as it allows you to demonstrate responsible credit behavior and even qualify for an unsecured credit card with a record of on-time payments.

How much do prepaid debit cards cost? 

Prepaid debit cards are notorious for their fees, though the exact cost depends on the issuer and how you use the card.

Common fees include the initial card purchase cost, monthly maintenance fees, cash reload fees, and ATM withdrawal fees. While less common, some cards charge per-transaction fees. And using the card internationally can incur foreign transaction fees of around 1% to 3%.

Cards might also have inactivity fees if not used regularly, fees for customer service access or paper statements, charges for card replacement, and fees for closing the account. 

Prepaid card fee structure

Prepaid debit cards often come with various fees, such as:

• Monthly Maintenance Fees: Charges for maintaining the card account.
• Reloading Fees: Costs associated with adding more money onto the card.
• ATM Withdrawal Fees: Charges for withdrawing cash from ATMs.
• Balance Inquiry Fees: Costs for checking the card balance.

It’s essential to review the fee schedule of a prepaid card thoroughly before choosing one, as fee structures can significantly impact the card’s overall cost and convenience.

That said, the best prepaid cards will charge minimal fees and offer ways for users to keep costs down. That’s why it’s crucial to evaluate multiple prepaid card options and review their terms and conditions to understand all potential fees before opening an account. Fortunately, we’ve done the hard work for you and the ones on this list were the best on the market.

Where to buy a reloadable debit card

You can buy a prepaid debit card at various places, which makes it pretty convenient. Grocery stores, drugstores, and big-box retailers usually have them. You’ll find them in the checkout aisles or at the customer service desk. Just look for racks or displays with different card options.

You can also get them online from the websites of the companies that issue the cards or from major online retailers. This way, you can compare different cards and see which one fits your needs best before buying.

Sometimes, banks and credit unions offer prepaid cards too. You might have to go into a branch and talk to someone to get one from a bank.

Wherever you buy it, make sure to check the fees and terms. Some cards have fees for buying the card, monthly fees, or charges for reloading money onto the card. Knowing these details upfront helps you pick the card that works best for you without any surprises later on.

Prepaid debit card pros and cons

How to reload a prepaid debit card

Here are some of the most common ways to reload a prepaid debit card. Each method may have specific fees or limitations, so it’s smart to check with your card issuer about the reloading options available and any associated costs. By choosing the right method for your needs, you can easily manage and reload your prepaid debit card as necessary.

• Direct Deposit: Arrange with your employer to have your paycheck or benefits deposited directly onto the card.
• Retail Locations: Visit grocery stores, big box stores, or convenience stores that offer prepaid card services. Ask the cashier to add funds to your card.
• Bank Transfers: Transfer money from your bank account to the prepaid card using the card issuer’s online portal or mobile app.
• Online Transfer: Use the card issuer’s online portal or mobile app to transfer funds from another bank account or prepaid card.
• Cash Reload Networks: Look for networks like Green Dot or MoneyPak at participating retailers where you can add cash to your prepaid card.

Who needs a prepaid debit card? 

Prepaid debit cards are primarily designed for people who don’t have traditional bank accounts, since they provide a convenient alternative for managing daily transactions and receiving direct deposits. These cards can also be helpful to those who need help controlling their spending, since they’re limited to the preloaded amount, thus avoiding overdrafts and debt accumulation. Parents may also find prepaid cards useful for teaching financial responsibility to teenagers and young adults since they can set spending limits and get real-time transaction alerts. 

Should you get a reloadable debit card for your kids?

Considering whether to get a reloadable debit card for your kids involves weighing several factors. They can be a practical tool for teaching them about financial responsibility. You can set spending limits and track their expenditures, helping them learn budgeting skills and the value of money. 

It also offers convenience by providing a safer alternative to carrying cash for school expenses, outings with friends, or emergencies. Moreover, using a prepaid card can introduce basic banking concepts like checking balances and understanding fees, contributing to their financial education.

However, it’s crucial to be mindful of potential drawbacks. Many prepaid cards come with fees, such as activation fees, monthly maintenance charges, or fees for reloading funds. It’s essential to choose a card with clear fee structures that align with your budget. 

Additionally, unlike credit cards, prepaid cards do not contribute to building a credit history, which may be a consideration for older teens or young adults looking to establish credit.

Before deciding, assess whether your child is ready for the responsibility of managing a card and discuss expectations and consequences for its use. By selecting the right card and using it as a tool for learning, you can empower your child to develop essential money management skills early on.

Prepaid card alternatives 

While prepaid debit cards offer convenience and control over spending, they may not be suitable for everyone’s financial goals. 

For individuals looking to build or improve their credit history, secured credit cards or traditional credit cards used responsibly might be more beneficial. Secured credit cards require a security deposit that serves as the credit limit, enabling users to build credit with responsible use.

Frequently Asked Questions 

What are the disadvantages of a prepaid card?

Though they can be convenient for some people, prepaid cards do have some notable drawbacks. For one, they are often laden with fees, which can erode the card’s balance over time. Also, unlike credit cards, prepaid cards don’t contribute to building or improving your credit. 

Prepaid cards typically offer limited consumer protections as well; in cases of loss or theft, you might not receive the same level of security against unauthorized transactions as offered by traditional bank cards.

Where can you not use a prepaid card?

Most prepaid debit cards belong to a certain network, as indicated by the logo (Visa, MasterCard, American Express, or Discover) and can be used anywhere that brand is accepted. However, there are certain types of transactions that aren’t allowed with prepaid debit cards, including credit card or loan payments.

Our methodology 

To bring you our top picks for the best prepaid debit cards, the Fortune Recommends team compared the top cards currently available from major issuers that are accessible nationwide. To learn more about how we rate credit cards, see our credit cards methodology.

We ranked each account in these eight core categories: 

• Retail/physical card price (5%): Some cards may charge a one-time fee for obtaining a physical card. 
• Transaction fee (25%): In some cases, there is a fee associated with each transaction you perform with the prepaid card. We docked cards significantly for charging transaction fees.
• Monthly fee (25%): It’s common for prepaid cards to charge a monthly service or administrative fee, though not all do. We prioritized cards with no monthly fees in our rankings.
• Cash reload fee (10%): You may be charged a fee for adding funds to your card in person at select retailers. Cards that charge for this service received lower scores.
• In-network ATM fee (10%): Some prepaid cards allow users to make withdrawals for free at ATMs that are within the selected network. However, others charge per ATM withdrawal, regardless of the ATM’s network, in which case they were penalized in our rankings. 
• ATM balance inquiry fee (10%): Cards that charge a fee to check your balance at an ATM were also penalized.
• Foreign transaction fee (5%): Some cards may charge a fee for performing transactions abroad. We prioritized cards that do not charge foreign transaction fees. 
• Rewards (10%): Cards that also provide rewards (such as cash back or points) on spending were given a boost in our rankings.

Keep in mind that the fee structures and other features associated with the cards mentioned are subject to change. 

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Please note that card details are accurate as of the publish date, but are subject to change at any time at the discretion of the issuer. Please contact the card issuer to verify rates, fees, and benefits before applying.