RushCard is a prepaid debit card that can be a convenient alternative to a checking account. But, like many prepaid debit cards, you’ll pay for the convenience — and RushCard is more expensive than some of its competitors.
In 2017, RushCard’s parent company, UniRush, and its payment processor paid out millions after a technology outage left tens of thousands of users locked out of their accounts, some for weeks. UniRush and RushCard are now owned by prepaid card issuer Green Dot.
If you can’t qualify for a bank account: A second chance checking account can help you become eligible for traditional banking. With time, you can often transition to a traditional account. Read more about second chance checking.
» Getting a prepaid debit card? Here’s what you should know
The bottom line
- RushCard’s fees are high compared with those charged by some competitors.
- The card makes it easy to withdraw cash at ATMs and make online payments, but loading cash or checks on the card can be inconvenient.
- It offers helpful, free services like bill pay and the RushGoals savings feature.
» Want to see how others compare? Check out NerdWallet’s best prepaid debit cards
General fees and features
Both plans charge an activation fee. Many other prepaid cards don’t.
Purchases and withdrawals
It’s also free to make purchases. You’ll be charged $1 per purchase with the Pay As You Go Plan. It’s not possible to overdraft with either plan.
You’ll pay $3 per withdrawal to use an out-of-network ATM.
RushCard reps are also very available — there’s service 24/7, and there’s no fee to call, unlike with some competitors.
High fees compared with others
RushCard tends to charge unavoidable fees that competitors waive or don’t have. Look at the company’s fine print and see if its fees would apply to how you would use the card.
If you’ve been having trouble opening a bank account because of past banking difficulties, second chance checking accounts can be an alternative to prepaid debit cards. And if you’re looking for a place to simply store your money, check out our favorite checking and savings accounts.
NerdWallet’s overall rating is a weighted average of these four categories: general fees and features (40%), purchases and withdrawals (35%), reloads (15%) and other services (10%). Factors we consider, depending on the category, include fees, ATM access, reload options, breadth of merchant acceptance, account features and limits, consumer-facing tech and customer service. Because prepaid debit cards help to manage money without using credit, any overdraft program gets penalized under the “purchases and withdrawals” category. Several Nerds contribute to prepaid debit card ratings to ensure consistency and accuracy.