Prepaid cards are very popular among underbanked people, who don’t trust big financial institutions. These prepaid debit cards are easy to obtain and easy to use. While traditional banks can reject your application for their checking account, prepaid cards are available to everyone.
You can easily apply for a prepaid debit card from your home and save a few bucks, but you’ll have to wait a couple of weeks to receive the card in mail. On the other hand, if you need a prepaid card immediately and cannot wait a couple of weeks, then you can buy a prepaid card in a retail store. It will cost you a fee around $5.
How to find such a retail store? There are two ways.
First way is to go outside and look for a Walmart, 7-Eleven, Walgreens, CVS. These stores are present in almost all states, so you must bump into one of them if you are in a big city. But you may want to be sure to find it quickly and not take chances.
Second way is to go online. How to find the best debit card? Here are a few sources, where you can purchase a Prepaid Debit card like Netspend, Go2Bank and some other cards.
Go to the Go2Bank website and find a store by your location. You can enter a ZIP code so that it will find the nearest one. For a ZIP code 90004 in Los Angeles it finds few locations. Alternatively you can allow it to use your location and find a place to buy a prepaid debit card near you.
You can also go to Netspend website and use their location finder. You can enter city names like San Diego and find dozens of locations. All you need is your location and they’ll show your nearest retail location.
When you are going to buy a prepaid debit card it is important to ask yourself. Do I really need it immediately or do I want it? Chances are you can wait a couple of weeks and save $5. You can go even further and earn a $100 signup bonus if you apply for a Chime Debit card using promo code. With your first salary you may get the bonus. As an alternative, you can get a Current Debit Card and receive a $50 bonus. Check my referral links below or send them to your friend.
Chime Bank $100
Varo Bank $50
Go2Bank $50
Use code “IAROSLAK556” when you enroll in Current Bank and receive $50