AchieveCard Prepaid Debit Card
[Updated Aug. 28, 2017: According to AchieveCard’s parent company, Green Dot, AchieveCard is no longer accepting new customers. On its site, you’ll be redirected to get a Green Dot or AccountNow prepaid debit card. You can also check out NerdWallet’s list of best prepaid debit cards.]
The AchieveCard Visa prepaid card, which is issued by The Bancorp Bank, comes with a wide network of free ATMs, and it shouldn’t be too difficult to find a store that lets you load cash onto it.
The AchieveCard’s fees are its biggest weakness; you will have to pay, at minimum, nearly $120 each year just to use it. What’s more, it doesn’t offer much in the way of budgeting tools or other helpful add-ons.
The bottom line
- There’s no way to waive the AchieveCard’s steep $9.95 monthly fee, or the cash-loading fee of up to $4.95.
- The card offers a free direct deposit service.
- Users can take advantage of free online bill pay and can sign up for text alerts to monitor their balances.
|General account fees|
|Transactions and funds access|
Read on for more details about the AchieveCard’s general account fees, transactions and funds access, reloads and other services.
General account fees
3.0 / 5.0
You’ll be spared certain fees, but the monthly charges will definitely add up over time.
Transactions and funds access
4.0 / 5.0
The AchieveCard has reasonable transaction fees and is accepted by all merchants that take Visa cards.
3.0 / 5.0
You’ll be able to load cash onto your card at over 50,000 retail locations, but you’ll have to pay up to $4.95 each time you do so.
3.5 / 5.0
During the week, AchieveCard users can reach customer service representatives from 8 a.m. to 8 p.m. Central time, and can do so from 9 a.m. to 6 p.m. Central time on weekends. There are also a few ways to check your balance, both when you’re at home or on the go.
Better options are available
If you don’t mind paying a hefty fee just to use your AchieveCard, and can rely on direct deposit to load money onto it, this prepaid card might not be the worst alternative to a checking account.
But know that not all prepaid card issuers charge steep monthly fees, and that there are certainly cheaper options.
NerdWallet’s overall rating is a weighted average of each category: general account fees, transactions and funds access, reloads and other services. Factors we consider, depending on the category, include fees, ATM access, reload options, breadth of merchant acceptance, account features and limits, user-facing tech and customer service. Several Nerds contribute to prepaid debit card ratings to ensure consistency and accuracy.
What the ratings mean:
— Among the very best
— Very good; only minor caveats for most customers
— Good; issues that might make a difference to some customers
— Fair; make sure strengths and weaknesses are a good match for you
— Poor; proceed with great caution
(or below) — Best to avoid