NetSpend Prepaid Visa Debit Card (Premier Fee Advantage Version – with Direct Deposit)

The NetSpend Visa prepaid debit card is offered by none other than NetSpend, one of the leading financial players in the prepaid arena. The NetSpend Prepaid Visa Premier Fee Advantage is a robust prepaid financial tool geared toward customers that get a lot of use out of their prepaid card. The NetSpend prepaid product line also comes in a “Pay as You Go” plan and a “Fee Advantage” plan. The Premier plan gives card holders extra benefits when using direct deposit.

Review of the NetSpend Prepaid Visa Debit Card (Premier Fee Advantage Version – with Direct Deposit)

NetSpend Prepaid Visa Debit Card (Premier Fee Advantage Version – with Direct Deposit)


If you are looking for security and flexibility, NetSpend could be the card for you. The Better Business Bureau gives NetSpend a high grade for customer satisfaction. You will also benefit from the wide variety of load and reload options for your prepaid NetSpend Visa. NetSpend is proud of their prepaid debit Visa card and here are some of the great features that come with the Premier Fee option:

  • 100% Approval – No credit check needed (ID verification required).
  • Get your paycheck, government benefits and tax refund faster with free direct deposit
  • New – Get rewarded with NetSpend Payback RewardTM options.
  • Real-time account activity alerts to your mobile phone.
  • Funds are FDIC insured up to the current coverage limit (ID verification required).

    Apply Now!



How We Rated the NetSpend Premier Fee Advantage Visa

Card FeaturesNetSpend Premier Fee Advantage Visa Features
FeesNetSpend Premier Fee Advantage Visa Fees
Disclosure ClarityNetSpend Premier Fee Advantage Visa Disclosure
BBB RatingNetSpend Premier Fee Advantage Visa BBB Rating
Load OptionsNetSpend Premier Fee Advantage Visa Reload Options
Overall RatingNetSpend Premier Fee Advantage Visa Rating
Rating Explanation
NetSpend Premier Fee Advantage Visa 4 GetDebit.com Editor The NetSpend line of prepaid cards continue to receive some of our highest scores for their features and for their load options (you can load these cards in tons of different ways). Also, the company behind the NetSpend cards (NetSpend Corp.) is very highly rated by the Better Business Bureau (which shows that they are serious about dealing with consumer issues). The only reasons why this card is not the absolute highest rated card is because the Activation Fee and varioius other fees are slightly higher than some other cards. (which is typical for a "Premier Fee Advantage" type - lower monthly fees and lower transaction fees - of card). Be aware that a monthly direct deposit is required for this card to get the most out of it. However, if you are a heavy user of your card (and make many ATM withdrawals and PIN purchases each month), this card is extremely inexpensive. If you have a need for lighter use, we recommend the NetSpend "Pay as You Go" line of cards.
The NetSpend line of prepaid cards continue to receive some of our highest scores for their features and for their load options (you can load these cards in tons of different ways). Also, the company behind the NetSpend cards (NetSpend Corp.) is very highly rated by the Better Business Bureau (which shows that they are serious about dealing with consumer issues). The only reasons why this card is not the absolute highest rated card is because the Activation Fee and varioius other fees are slightly higher than some other cards. (which is typical for a "Premier Fee Advantage" type - lower monthly fees and lower transaction fees - of card). Be aware that a monthly direct deposit is required for this card to get the most out of it. However, if you are a heavy user of your card (and make many ATM withdrawals and PIN purchases each month), this card is extremely inexpensive. If you have a need for lighter use, we recommend the NetSpend "Pay as You Go" line of cards.

NetSpend Premier Fee Advantage Visa Fee Examples

Want to know how much the NetSpend Premier Fee Advantage Visa might cost you to use in a typical month? We have crunched the numbers for you! We also show how NetSpend Premier Fee Advantage Visastacks up against some common alternatives so you can see if you would save money using this card. Please remember -- cost should NOT be the only reason why you pick a card -- make sure to consider the card's features (some cards have more features than a typical bank account).

To see different scenarios, change the following variables.
Number of transactions each month NetSpend Premier Fee Advantage Visa Bank of America "Regular" Checking Check Cashing Store
Monthly Fee Once per month $ $ $
Cash paycheck (per month) $ $ $ $*
ATM Withdrawals $ $ $
Bill Payments $ $ $
Online Purchases $ $ N/A
In-Store Purchases*** $ $ N/A
Overdrafts:**** $ $
Total $ $ $

Note: * Based on a U.S. Average check cashing rate of 4.54% (per the Brookings Institution),
**Using the Money Order fees from the U.S. Post Office (Some of the lowest available),
*** We assume that 1/2 of your in-store purchases will be made using your PIN,
****A LARGE portion of Americans experience at least 1 overdraft each Month. Also note that the Check Casher CANNOT buy items online, and must use cash for all purchases.

Fees Associated With The NetSpend Premier Fee Advantage Visa*

Activation Fee:$9.95 Card Limit:$2500
Monthly Fee:$5.00 ATM Withdrawal:**$2.50
Signature Transactions:***$0.00 ATM Balance Inquiry:$0.50
PIN Transactions:***$0.00 Bill Payments:$0.00

The NetSpend prepaid Visa with the "Premier Fee Advantage" plan has a very simple fee structure. You pay for ATM transactions and a monthly fee. Point of sale PIN and signature debit transactions are FREE.


Notes:
* Fees verified as of 01/18/2011. Check the Current Terms & Conditions for a list of all the fees.
** Some ATM operators may charge a fee for use of their ATMs in addition to this fee.
*** To use your NetSpend Premier Fee Advantage Visa in a "signature" transaction, select "Credit" when checking out at a brick and mortar merchant. Most internet transactions are automatically processed as "signature" transactions.

NetSpend Premier Fee Advantage Visa Card Options

The NetSpend line of cards comes in a variety of options, including the "Pay as You Go" plan, the "Fee Advantage" plan, and the "Premier Fee Advantage" plan. NetSpend issues both Visa and MasterCard debit cards in each of these plans.

Here are GetDebit’s “Low Fee Tips” for this Card

Many prepaid cards, including the NetSpend "Premier Fee Advantage" Visa card, have fees that can be avoided with careful use.

Tips for Using The NetSpend Prepaid Visa Debit Card (Premier Fee Advantage Version – with Direct Deposit)