Possible new way to Manufacture spend using prepaid debit card

I read a discussion on Flyertalk about several prepaid debit products that you can buy online (free, with free shipping) and that you can then load online with a credit card.

They’re branded cards issued by Metabank for Boys & Girls Clubs of Deleware,Goodwill Deleware, and others. (These groups don’t manage the cards, they just get royalty income for use of their name.)

You can load up to $2500 per day onto the card and store up to $10,000 at a time.

Some key fees:

  • $3.95 monthly service fee, waived when you load $800 or more to the card each month
  • $2.95 for loading the card by credit card
  • $2.50 ATM cash withdrawal fee (in addition to fees charged by an out of network ATM)
  • $0.50 Bill pay fee

The card terms seem to suggest you can load a maximum of $250 at a time with a credit card, making it uneconomic and significant effort for each $2.95 fee.However reports are that in fact $2500 loads are permitted. So $2500 charged to your card for $2.95, once per week per card.


I’ve ordered one card for and will try it out. Post your stories if you’ve had success with similar cards before.

Categories: Manufactured Spending, Prepaid Cards | Tags: , | Leave a comment

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