tcb>Prepaid is an excellent 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 waiting 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 with your card. Grab cash at an ATM anytime of the day or on weekends. Keep track of balances with Digital Banking.
Card benefits:
- No more check-cashing fees
- Make in-store or online purchases
- No overdraft fees
- Funds can be accessed via ATM, at no charge, at Callaway Bank ATMs and 40,000+ MoneyPass® ATMs nationwide.
- Enjoy digital banking, where you can stay informed about your finances virtually anytime, anywhere!
- 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
- Mastercard® is branded for worldwide acceptance and card benefits. Full Guide To Benefits
- FDIC insured
- Available for ages 16 years+
- Easier to qualify for than a checking account
For general information about prepaid accounts, visit cfpb.gov/prepaid
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 |
| Online account management | $0 |
| Digital Banking | $0 |
| Fraud Analytics Protection | $0 |
| Enjoy these Mastercard benefits with your tcb>PREPAID card! ID Theft Protection, Airport Concierge and Zero Liability Protection | |
| Optional Features | Other Service Fees |
| Quarterly Paper Statement (optional) | $3.95/quarter |
| Inactivity of 12 or more months | $5.00/month |
| Bad address/Bad email address | $7.50/month |
| Deposited Check Returned Unpaid | $5.00 |
For general information about prepaid accounts, visit cfpb.gov/prepaid