PEX Visa Prepaid Card For Business

The PEX Visa debit card is a prepaid card for your business. Why would a business need a prepaid card? Simple: to track and control your spending, so your business is more profitable. Isn’t that why you are in business?

Review of the PEX Visa Prepaid Card For Business

Use the PEX business debit card to manage how your employees spend your purchasing dollars. Add funds to the cards, and then set up rules for how your employees spend the money. Make sure that the computer guy is actually spending his budget on computers. You get the idea. Check out the PEX card. Your bottom line will thank you. Here are some of the features:

  • Trial offer – first 2 months free
  • Manage spending for staff in the field
  • Alternative to credit cards, petty cash, check reimbursements
  • Enforce budgets with individual card balances
  • Control spending by merchant category and daily limits
  • Online program management
  • No transaction or card load fees – simple pricing
  • No credit check required
*Read this Card’s Current Terms & Conditions

How We Rated This Card

Card Features
Fees
Disclosure Clarity
BBB Rating
Load Options
Overall Rating
 Rating Explanation

Card Fee Examples

Want to know how much this card might cost you to use in a typical month? We have crunched the numbers for you! We also show how this card stacks 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 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 *

Activation Fee:Varies* Card Limit:Varies*
Monthly Fee:Varies* ATM Withdrawal:**
Signature Transactions:*** ATM Balance Inquiry:
PIN Transactions:*** Bill Payments:


Notes:
* Fees verified as of . 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 card in a "signature" transaction, select "Credit" when checking out at a brick and mortar merchant. Most internet transactions are automatically processed as "signature" transactions.

Card Options


Features of this Card

Activation FeeVaries*
Monthly FeeVaries*
Card NetworkVisa
IssuerThe Bancorp Bank
Bill Payment?N/A
Credit Builder?N/A
FDIC Insurance?Yes