Vision Preferred Visa prepaid debit card (no Direct Deposit)

How We Rated the Vision Preferred Visa prepaid card without Direct Deposit

Card Features Fees Disclosure Clarity BBB Rating Load Options Overall Rating

Rating Explanation Vision Preferred Visa prepaid card without Direct Deposit 4 GetDebit.com Editor The Vision Preferred Visa prepaid card without direct deposit gets good scores for it's numerous features including, credit builder, free bill pay, free online account management, free SMS text alerts and for multiple load options. Precash Inc., is the engine behind the Vision family of Visa cards and is highly rated by the the Better Business Bureau when responding to consumer complaints and issues. This card might be rated higher except the fees can be a little higher than other prepaid cards available. But when comparing extra features, the Vision Preferred Prepaid Visa might definitely be worth the added cost. The Vision Preferred Visa prepaid card without direct deposit gets good scores for it's numerous features including, credit builder, free bill pay, free online account management, free SMS text alerts and for multiple load options. Precash Inc., is the engine behind the Vision family of Visa cards and is highly rated by the the Better Business Bureau when responding to consumer complaints and issues. This card might be rated higher except the fees can be a little higher than other prepaid cards available. But when comparing extra features, the Vision Preferred Prepaid Visa might definitely be worth the added cost.

Vision Preferred Visa prepaid card without Direct Deposit Fee Examples

Want to know how much the Vision Preferred Visa prepaid card without Direct Deposit might cost you to use in a typical month? We have crunched the numbers for you! We also show how Vision Preferred Visa prepaid card without Direct Depositstacks 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	Vision Preferred Visa prepaid card without Direct Deposit	Bank of America "Regular" Checking	Check Cashing Store
Monthly Fee	Once per month	$	$	$
Cash paycheck (per month)	$	$	$	$*
ATM Withdrawals	0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	$	$	$
Bill Payments	0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	$	$	$
Online Purchases	0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	$	$	N/A
In-Store Purchases***	0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	$	$	N/A
Overdrafts:****	0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20		$	$
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 Vision Preferred Visa prepaid card without Direct Deposit*

Activation Fee:	$9.95	Card Limit:	$2500
Monthly Fee:	$6.95	ATM Withdrawal:**	$1.95
Signature Transactions:***	$0.00	ATM Balance Inquiry:	$0.50
PIN Transactions:***	$0.95	Bill Payments:	$0.00

Notes:
* Fees verified as of 02/10/2011. 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 Vision Preferred Visa prepaid card without Direct Deposit in a "signature" transaction, select "Credit" when checking out at a brick and mortar merchant. Most internet transactions are automatically processed as "signature" transactions.

Vision Preferred Visa prepaid card without Direct Deposit Card Options

The Vision Visa prepaid cards come in Preferred and Premier options, each with and without direct deposit. Each have a specific design and differing cost structures, so be sure and pick the best card for your needs!

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

Direct deposit is typically the best way to go to avoid higher fees with most cards including the Vision family of prepaid debit cards. Typically you will get a reduced monthly fee and possibly avoid other fees as well. Sometimes, direct deposit isn't an option and this card still has great features and load options available to those choosing not to direct deposit their pay or benefits checks. Many prepaid cards, including the Vision Preferred family, probably have several fees that can be avoided if carefully used. Here are ways to minimize fees associated with the Vision Preferred Debit Visa w/o direct deposit.

• Reduce the number of ATM visits you make. When you need a lot cash for the week, withdrawal the whole amount in one ATM transaction (assuming, of course, that you have sufficient funds available in the account!). Don't just withdraw $20 or $40 at a time (fees will add up FAST).
• Don't order paper copies of your account statements. Vision Preferred (and other prepaid debit cards too) will charge extra to mail you statements. Save a tree and save some money at the same time!
• Balance your prepaid card account like you would a checkbook. Don't try to withdrawal money that isn't available (you won't get an overdraft charge, but you could get a ""decline" at an ATM machine).
• Avoid any special fees, like stop payments on bill pay transactions, or calls to a customer service agent (yeah, those can cost money, too!). Always see if you can take advantage of the free online, email and SMS Text Alerts first.

Tips for Using The Vision Preferred Visa prepaid debit card (no Direct Deposit)

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