T-Mobile Prepaid Debit Card service shutting down July 27th, 2016 - Replacement?
I just logged in to my account and saw this information at the top of the screen:
Important information regarding your T-Mobile Account: The T-Mobile Prepaid Visa® Card (“T-Mobile Card”) will be discontinued effective July 27th, 2016. After June 27th, 2016 you will no longer be able to reload your T-Mobile Card or access the T-Mobile “Mobile Money” app. Please be sure to remove any recurring debits or direct deposits being sent to your card no later than June 27th and spend down any available balance remaining by July 27th. You will be sent more information regarding your account at a later date. Thank you very much for using your T-Mobile Card. We regret any inconvenience you may experience. For any questions, please contact the number printed on the back of your T-Mobile Card.
I've had this card as my primary prepaid debit card for several years now because it had no monthly fee (provided you are a T-Mobile customer), topping the card up was free, and you could send direct deposits directly to the card (which I used to accept Amazon Marketplace sales to as well)
Now that this information has just been sprung on me, I now need to look for a prepaid debit card that does not have a monthly fee (or at least a very low fee since I use the card very frequently but it never has more than a few hundred dollars on it at a time. I also used this in lieu of a bank account for the most part (I have a bank account but I isolate this from my normal "spending money" because it makes it easier for me to distinguish between bills and such, and normal spending money that I use on a daily basis. I don't have enough free cash floating around that I could open up a bank account at another bank since my main bank account requires a balance of at least $1000 or else it charges a monthly maintenance fee of $7.00 per month (thanks to Obama).
I need to find the cheapest (or free) prepaid debit card that I can carry around with me, reload it for free somewhere locally, and not be charged a monthly fee just for holding a few hundred dollars on a debit card. I have Google'd my eyeballs out trying to find a company or location that provides a prepaid debit card that can be refilled via direct deposit and/or direct cash deposit so that I continue to isolate my spending money from my bill paying money.
I know that there are "internet banks" that only have an online presence where you can deposit checks by taking a picture with your smartphone of the front and back of the check after endorsing it, accepts direct deposits, as well as free access to ATM machines in my local area. The idea of not having to deal with a bank teller I have no problem with, because one of my older bank accounts I had charged me a convenience fee every time I had to drive up to a bank teller to make a transaction. Basically I'm willing to jump through the hurdles and what not so that I have a prepaid reloadable card that can be used at ATMs and be easily reloaded and not cost an insane monthly fee. I haven't been able to locate any such thing as this card I have now is perfect for my needs, but I'm now having to look for an alternate solution for this bullcrap.
If anybody has any idea of how I can acquire a free account (either through a bank or company...it does not have to be a bank account) that gives you free reloads and doesn't require a monthly maintenance fee I would really appreciate the suggestion. I'm open to any idea. So far the cheapest card I have found is one of those Walmart Money Cards that costs $3 per month, free direct deposits, and $3 just to add cash directly to the card at a local Walmart Money Center. If there's anything cheaper than that, I'd really appreciate the tip.
Thanks in advance!