Green Dot - Prepaid Mastercard Review

I wanted to get a credit card so I could buy a bunch of stuff off the internet and not worry about identity theft. When I saw that CVS had a sale on Green Dot Prepaid MasterCard's I jumped for the chance. I guessed to put money on the card it would only cost $4.95. Boy was I wrong. It costs $9.95 just to activate. After putting money on my card I expected to go home with it. Nope wrong again. I had to go home, and get on the phone to activate it. On the phone I could barely understand the Green Dot lady because of her accent. It took  8 days to arrive. So far I'm pleased with it, but wouldn't do business with Green Dot again and would not recommend it. If you do want to buy one buy it at the beginning of the month because you will have longer to spend it before the monthly fee.

On July 15, 2009 Green Dot got rid of the policy of charging for phone calls asking for your balance. They then raised the monthly fee to $5.95.

Costs to think about when looking at a Green Dot Card. 

Costs $9.95 to activate

Costs $4.95 to buy a MoneyPac which allows you to reload card

Monthly maintenance fee $5.95 every month that there is money on the card

Have to terminate the card by calling in or doing it online or you will continue to get charged monthly fee.

Get charged to terminate card if after 30 days of use.