The Control Prepaid Card is issued by MetaBank, as a debit MasterCard. There is no credit check or ChexSystems check required for approval. The Control MasterCard was brought to you by NetSpend and the BET television network.
These 2 companies teamed up to create this prepaid MasterCard. The idea behind this prepaid card, is to help you avoid credit card debt and paying expensive overdraft fees. It will also provide you with an alternative to traditional bank accounts.
The Control Card is prepaid, so you will first have to load money on your account. Then you can use your prepaid reloadable MasterCard for purchases at retail locations, online, and over the phone.
How To Load Money
1. Free direct deposit
Your Control Prepaid Card offers you free direct deposit. To use this, you will need to log-in to your online account and print up a form. The next step is to fill out the information requested in this form, including your name and account number, and then turn this form into your employer or benefits provider. And that’s it!
Typically, in one to two pay periods your check will begin to be directly deposited in your account. This will give you quicker access to your money, up to 48 hours faster, it can also save you the expense of check cashing fees, and time to go and cash your check.
2. Cardholder to cardholder transfers
Yes, you can send money from your Control Card to a friend, family member, or loved one that also has a Control Prepaid Card. This is ideal, if you share finances or have a loved one such as a child away a school.
3. NetSpend reload network
There are over 100,000 NetSpend reload network locations nationwide. You will need to visit a retail store and purchase a reload pack, this is about $5 to purchase. You can also transfer money from an existing bank account or checking account. And even using your PayPal account, you can load money onto your prepaid debit card.
Where Is It Accepted?
The prepaid Control Card is accepted online and over the phone for purchases, in addition to millions of retail locations. You can use it when traveling and it’s accepted everywhere debit MasterCard’s can be used.
Your card is protected with a $0 MasterCard Liability Policy. This is an insurance plan in case your card is ever lost or stolen. You will not be held responsible for any unauthorized purchases. You will never be charged an overdraft fee, late fee, or interest fees with this prepaid MasterCard.
What Are The Fees
You have two options for fee plans, the first is basic which requires a $7.95 monthly fee, with some additional miscellaneous fees such as $4.95 replacement card free. If however, you use direct deposit and make a deposit of $500 or more in a calendar month, you will receive an automatic upgrade to the discounted fee plan, which carries a monthly fee of only $5.00.
There is a $2.50 ATM fee which is standard, but one neat feature about this prepaid card, is you get free access to use Allpoint ATM’s. In other words, there is no surcharge for these ATM’s and there is about 35,000 Allpoint ATM locations.
How To Apply
The first step is to visit My Control Card official website, and fill out an online application. There is no credit check, application fee, or activation fee. Your personalized card will arrive in the mail, in approximately 5 to 10 business days.
You will need to activate you card by calling a toll free phone number, or visiting a website, this is simply a security measure to make sure you receive your Control MasterCard. You will next need to fund your card, or deposit money on your account, and the last step is to go make purchases with your Control Card.
We do give the Control Prepaid Card our seal of approval. We enthusiastically support their no surcharge ATM access using Allpoint ATM’s, along with a very reasonable and affordable fee structure. In our opinion this is one of the best prepaid cards on the market.
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