One simple monthly fee covers most of the monthly cost of the Chase Liquid card and users can access their money through JPMorgan Chase & Co.'s large network of ATMs and branches. Bankrate's 2013 Prepaid Debit Card Survey offers a rundown of the card's many variables, including fees, restrictions and factors that may affect a consumer's decision in choosing a prepaid debit card.
|Are funds FDIC-insured?||Yes|
|Monthly maintenance fee||$4.95|
|Can the monthly fee be avoided?||Yes, see notes|
|Card activation fee||$0.00|
|ATM withdrawal fee (issuer's ATM)||$0.00|
|Nonissuer's ATM withdrawal fee, not including any bank fees||$2.00|
|ATM balance inquiry||$0.00 at Chase ATM; $2.00 at out-of-network ATMs|
|Fees for point-of-sale transaction||$0.00|
|Fees for signature transaction||$0.00|
|Paper statement fee||$0.00|
|Fee for customer service by phone||$0.00|
|Declined transaction fee||$0.00|
|Notes: A deposit of $25 must be initially loaded into card account when opening. Card is available at branch only. A monthly service fees is waived with linked Chase account. Account will be closed after 60 days of zero or negative balance.|
Bankrate.com surveyed 24 prepaid debit card offers from Feb. 12-19, 2013. These are the resulting fees, restrictions and other card provisions.