Prepaid Visa RushCard Unlimited Monthly Plan w/Direct Deposit
Things We Like
Things We Dislike
Sometimes first isn’t best. RushCards were among the pioneers in the prepaid space, but a raft of scrutiny about the card’s high fees may have prompted the Russell Simmons-backed venture to re-launch. So what is really different? Well, for one thing, this new iteration of RushCards allows consumers to order “sleek” looking cards – for an extra $6, of course. But where it really matters – in the realm of fees – the new RushCard is better than its predecessor, though by no means anywhere near the best available.
Here’s the basic rundown on RushCard 2.0. Like most prepaid cards, RushCards do not require a credit check, and approval is guaranteed. The cards are also FDIC-insured. Government benefit payments and regular paychecks may be available for use slightly sooner than if you received a check and cashed it. Funds may be added at Wal-Mart or by using Green Dot’s MoneyPak, MoneyGram and Western Union, at fees ranging from $3.74 to $4.95 per load. The biggest advance of the new RushCard is that ATM withdrawals are free at MoneyPass locations.
Bottom line: While the surcharge-free ATM network for the Rush Unlimited Monthly Plan is a tremendous plus, this card is not the only one with that feature and its overall fee structure is not competitive with the best prepaid cards in the industry.