Prepaid Debit Cards

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Pro Rating

Average Customer Rating

1 Review
  • Pros
  • No overdraft fees
  • No minimum balance
  • Monthly fee can be waived with $500 deposit
  • No fee money transfers to other Mango subscribers
  • Great savings account with high APY
  • Cons
  • ATM withdrawal fee
  • Fee for checking balance at ATMs

Mango Money Review

Master Card’s Mango money prepaid card is a great card with a money saving focus. A Mango Money savings account boasts high APY, as much as 6% which is, as they say, “45% higher than the industry average.” The best interest rates are reserved for those who set up direct deposit, if you don’t, you can still get a 2% APY which is still pretty high. If saving money is your goal this is a great card to consider.

There are no sign up fees, no customer support fees and no overdraft fees. There is a $3.00 monthly subscription fee but it can be waived if you have $500 deposit each month. There is a $1 fee when you check your balance at ATMs but it is free to look up online or on Mango’s handy mobile app. There is a $2 ATM withdrawal fee if you need cash off the card.

Verdict – Great

Mango is another great choice for prepaid debit cards, especially for saving money. It is also a great low fee option.

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User Reviews
01/20/2015 - 2:39 pm Never go over your limit Fees

I didn't really want to get a credit card and I have never had one, so my partner recommended I try a prepaid card. It is a great alternative to a credit card and it is great as you know you can never go over your limit. One complaint is there are too many fees, the monthly fee and withdrawl fees etc. That said I would still choose prepaid over a normal credit card and these are a great option for people who don't have many options.

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