tcb>PREPAID is a great option for those who need payment flexibility but want something other than a checking account.
How it works:
Stop paying check-cashing fees and get quicker access to your “paycheck”! The TCB Prepaid Debit Mastercard® is easier and faster than having to wait to cash your paycheck. Your pay can be electronically deposited onto your TCB Prepaid Debit Mastercard® and instantly ready to use. Make in-store and online purchases and pay bills through your card. Grab cash at an ATM anytime of the day or on weekends. Some stores also offer “cash back” with a purchase. Keep track of balances and transactions easily online or by phone.
Card benefits:
- No more check-cashing fees
- Make in-store or online purchases
- No overdraft fees
- Funds can be accessed via ATM, and at no charge at Callaway Bank ATMs & 32,000 MoneyPass® ATMs nationwide
- Free Text Alerts for low balance, funds added, transactions, etc…²
- Funds can be loaded manually at any Callaway Bank branch or via any direct deposit source (i.e. employer, tax refund, government benefits)
- The card is portable and can be used with other employers
- Safer than carrying cash
- Fraud Analytics protection monitors for potential theft or fraudulent transactions included at no charge
- MasterCard® branded for worldwide acceptance
- FDIC insured
- Available for ages 16 years and older
- Easier to qualify for than a checking account
tcb>PREPAID Information
| tcb>PREPAID Information | Standard Service Fees |
|---|---|
| One-time activation | $4.95 |
| Minimum Deposit to Open | $25 |
| Monthly service fee | $0 |
| Purchases (in-store or online) | $0 |
| Loading Funds (electronic or manual) | $0 |
| Callaway Bank & MoneyPass® ATM use | $0 |
| Cash back at retail point of sale | $0¹ |
| Online account management | $0 |
| Toll-free telephone account balance inquiry | $0 |
| Text or Email Alerts | $0² |
| Fraud Analytics Protection | $0 |
| Other | Other Service Fees |
| Quarterly Paper Statement (optional) | $3.95/quarter |
| Non-Callaway Bank & Non MoneyPass® ATM transactions
Plus any fees the other provider charges | $2.00 each |
| Lost or stolen card replacement | $20.00 each |
| Inactivity of 12 or more months | $5.00/month |
| Bad address/Bad email address | $7.50/month |
| Deposited Check Returned Unpaid | $5.00 |
¹Cash back available at most retailers, however, some stores may charge a fee for cash back.
²Text messaging rates may apply. Check with your Wireless Carrier for details.