Control Prepaid MasterCard
Things We Like
Things We Dislike
Control Prepaid MasterCard was introduced as a partnership of BET, NetSpend and MetaBank. Filling out an online form can have a “no obligation” card on its way to you the next day. (You load value on it to use the card.) However, the application includes an agreement to allow marketing and promotional offers to be sent to you. Comments on the Better Business Bureau website suggest that some consumers have found this bothersome. It’s easy to keep up with balances online, but fees can be a bit confusing (reloading may or may not cost money, for example). And if lots of offers in your email box will tempt you to overspend, you might want to think twice, or set up a separate email address for all those offers.
Setup fee: Initial card is free. (Loading money onto the card at a NetSpend Reload location may cost many, and the fee can vary among locations.)
ATM withdrawal fee: $2.50, plus ATM owner fees, if any
ATM balance inquiry: $.50
Monthly maintenance fee: $7.95 (upgrade: $5)
Star rating: 3
Bottom line: This card has some innovative features, but fees can be on the high side, particularly if ATMs are used frequently.