Depositing a check with a Prepaid Debit Card
You may have a better chance of getting approved for a prepaid debit card if you can't qualify for a checking account. In place of being associated with a bank checking account, you are allowed by these cards to load cash onto them via direct deposit, check always deposits, money reloads and much more.
You'll typically deposit a check on the card through the card's mobile application. If you desire the cash quickly, though, some cards charge a cost. Below are a few popular prepaid cards and their check-cashing terms:
- American Express Serve: Free mobile deposits with cash accessibility in 10 times; 1% or 5% charge with a $5 minimum for quicker access.