It's the Kaiku Visa Prepaid Card.
This prepaid card does have a monthly fee, but it is only $3 per month (Kaiku recently revised this. It is now $0 a month when card users load $750 a month via direct deposit. Without direct deposit, the monthly fee is $3.) and it may be a great way for a person to finally grasp and start improving their financial situation.
I had the opportunity to try out the Kaiku prepaid card for over one month and I had no problem whatsoever with it. I wanted to try it out before I posted anything about it so that I could post an honest review, and I promise everything in this post is 100% real and written by me.
The Kaiku card was super easy to use. I used it for purchases at the store, to pay bills online, to transfer money, and more. You can do many things with this prepaid card such as:
- Load checks directly into your account through your phone;
- Use one of their many ATMs without being charged;
- Direct deposit your paycheck into your Kaiku account;
- Transfer money from PayPal and Amazon;
- Card to card fund transfers;
- Pay bills online;
- And more!
The Kaiku Visa® Prepaid Card is one of the first prepaid cards to receive a Visa Clear designation which makes this definitely one of the best prepaid cards out there. Here are a few requirements for cards that hold the Visa Clear designation:
- There are no fees for withdrawing cash from ATMs that are in-network (there are over 55,000 in-network ATMs so you shouldn't have a problem finding one near you to use);
- There are no fees for declined transactions;
- There are no fees for cash back at point of sale;
- There are no fees for using customer service;
- There are no fees for balance inquiries;
- There are no fees to close your account;
- There are no overdrafts allowed.
Plus, in addition to the great benefits above Visa Clear products, such as the Kaiku Visa® Prepaid Card, also come with protections that you often see with credit cards. The Kaiku Visa® Prepaid Card also comes with Visa deposit or share insurance, e.g. FDIC or NCUSIF, as well as VISA Zero Liability Fraud Protection, meaning that you won’t be responsible for fraudulent charges.
Would you try the Kaiku Visa® Prepaid Card? Why or why not?
Subscribe to get the free Master Your Money course!
Join the free email course and finally learn how to manage your money better, pay off debt, save more money, and reach financial freedom. Get our newsletter and get access to the freebie: