Walmart Money Card
Walmart offers a prepaid Visa money card where you can load money onto the card and then use it as a Visa credit card. There are no loading fees, but a monthly fee does apply. The fees for the Walmart Money Card use to be higher, but have been reduced to just $3.00. It is by far the cheapest money card out there.
The Walmart Money card can be purchased at any Walmart location. A bank account or credit check is not needed. The card is then activated with a phone call.
For more information: Walmart Money Card
We’ve had a Walmart Money Card for a few months now. I’ve never seen a fee for $16.59 or $21.54. It was just $3 to buy the card and $3 to load it. We got direct deposit, so now there is no fee for that. I was looking around for info on card protections, so far I’ve found this: http://usa.visa.com/personal/security/visa_security_program/zero_liability.html#anchor_2. That’s VISA’s zero liability program. Walmart Money card has the VISA logo.