Purple ACE Elite™ Visa® Prepaid Debit Card
Get your tax refund faster than a paper check.
Any Credit (No Credit Check)
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CARD TYPE: PrepaidPrepaid card is a card that you load with money first and then use to make purchases or pay fees.
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WHO CAN GET IT: ConsumerThese credit cards are for the average consumer who needs a credit card for personal use.
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REWARDS PROGRAM: Cash BackUsing this card you will be able to earn cash back on all your purchases or on purchases in specific shopping categories.
- Get your tax refund faster than a paper check.
- No-Fee Cash Withdrawals at ACE.
- Use everywhere Visa® debit cards are accepted.
- Manage your money online and on-the-go.
- ACE Elite with Direct Deposit FeeAdvantageTM Plan.
- Earn Payback Rewards.
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CARD FEATURES
- Instant Response:
- Yes
- Credit Check:
- No
- Direct Deposit:
- Free
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FEES
- Activation Fee:
- See terms
- Monthly Fee:
- $5.95
- Domestic ATM Withdrawal Fee:
- $2.50
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USAGE LIMITS
- Daily Deposit Limit:
- See terms
- Daily Cash Withdrawal Limit:
- $300
- Maximum Card Balance:
- $15,000
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OVERDRAFT
- Overdraft Available:
- Yes
- Overdraft Fee:
- $15
- Maximum Overdraft Limit:
- See terms
Questions & Answers about the card:
Prepaid cards look like credit cards but they do not work like them. With a prepaid card you should put money onto the card before you can use the card. When you use a prepaid card, the amount of your purchases is deducted from the balance of the card reducing the available amount. Once you’ve used the entire balance, you have to reload money onto your prepaid card before you can use it again. You do not have to worry about interest or late payments. There is no revolving balance or due dates to remember but you still can be charged fees for a prepaid card use.
A prepaid card is a payment card that you load with money before you can use it for purchases. It looks like a credit card: it has card number, signature strip, company branding, Visa or MasterCard logo, and your name. But prepaid cards are not credit cards and do not give you access to a line of credit. You can’t borrow money with a prepaid card, you can only spend money loaded onto it. And because of that prepaid cards are not reported to the major credit bureaus and do not help you build your credit. Prepaid cards give you convenience of electronic payments.
You won’t need an established credit history to qualify for a prepaid card. You can get a prepaid card with bad or no credit at all because they do not require credit check or bank account. You can apply for a prepaid card online or get it at your local bank. Some prepaid cards are even sold at supermarkets. Just make sure you read the card’s terms before you get it. Many prepaid cards have high maintenance fees and processing fees.