We don’t generally make note of prepaid debit cards, however, one recently came through our inbox with a nice little bonus associated with it…so we thought we would give it a shout out here on BankVibe.com.
PASS from American Express is a prepaid card for teenagers that is currently giving out a $25 bonus after the first reload.
Card Details and Benefits:
You’re Covered: Unlike cash, if PASS is lost or stolen, your money is safe – you’re not responsible for fraudulent purchases, and American Express will replace your funds free of charge.
You’re Protected: Accidentally break something you paid for with your Card? Purchase Protection1 will help you repair it, replace it, or reimburse you – up to 90 days from the date you bought it, up to $1,000 for each occurrence.
Don’t Get Stuck: Roadside Assistance means you won’t be stranded. Call us and we’ll call someone to help you out.
Reduce Your Risk
PASS is prepaid so you can’t spend more than you have on the Card, and unlike debit, there is no risk of overdraft fees.
Get Info Online Or On Your Phone : Check Card balances and purchase histories anytime online, and receive alerts via e-mail when a purchase has been made, or when the account balance falls below $10.
PASS Cardmembers can also get low balance or “funds added” alerts on their cell phone, or check their current balance.
Add Funds Instantly: Parents can add funds instantly online or over the phone.
Service 24/7: Need to reload? Have a question? Call Customer Service 24 hours a day, 7 days a week.
Your Pass To Great Rewards: Get discounts and special offers from merchants nationwide—including clothing, electronics and music—through the Rewards Mall link on your Account Servicing page.
Get Financially Educated: Learn to manage money like a pro through PASS Card’s partnership with Junior Achievement…even get “Financially Certified”.
Fees Associated with Card:
- $3.95/month (waived until October 10, 2010)
- $1.50 ATM fees