Debit Card

Some folks like to get a prepaid debit card as a gift for a student or teen. This allows safe and effortless money transfers. Funds can be transferred from one debit card account to another by telephone or online, depending on which bank you choose. Another advantage of using a debit card is to track expenses. A debit card may have rewards options or incentive offers. Compare costs, check deposit, money transfer fees on any debit card you are interested in.

I have had clients that have family members that reside in other countries Due to the international nature of Visa and MasterCard funds can be direct deposited in an account that is provided by the debit card company. The family member abroad can access the money using the Visa®, MasterCard® or ATM card that is issued. This is common place for family members in Mexico, Central and South America and Canada. Envio companies here in Los Angeles charge as much as $15.00 per hundred dollars to send money to other countries. Plus the gas and running around!

I don't recommend offshore pre paid debit card issuers. There is little or no recourse if they go out of business. There may be astronomical costs for a simple phone call to customer service, if you can reach them at all. Be safe, bank and trust your money with an American bank!

I was very pleased when I found this pre paid debit card on the Internet. Check out the features. It is an unbelievably powerful card!