Akimbo Prepaid Debit Card
The Akimbo prepaid debit card is an ideal prepaid card to use if you are looking for a card that can be used by your entire family with little to no card fees attached.
As with other prepaid debit cards, the Akimbo prepaid card can be used to monitor purchases, follow a budget, and even teach your children about effectively budgeting and saving. The Akimbo prepaid debit card is a group-centered card as it allows up to 5 additional cards to be activated under a primary card. The extra cards can be linked to a central primary card and shared amongst employees (for budgeting purposes) or given to members of your family.
This prepaid card does not have an activation fee but it does deduct a maximum amount of $4.95 for the first five pin-required transactions. This means that for the first five purchases made that require you to enter a pin, a fee ranging from $0.99 to $4.95 will be charged to your account. The debit card fees are limited to a $5.95 inactivity fee if it isn’t in use for a year and the pin-based payments mentioned above.
The Akimbo company is not affiliated or synced to any ATM systems which means that a $1.98 ATM withdrawal charge is deducted every time an ATM is used. This fee does not cover any ATM fees that may the user may incur. Unlike other prepaid debit cards, the Akimbo prepaid card has more ways to reload it.
Direct deposit: the Akimbo card allows you to link your paycheck to your card. The direct deposit usually takes 1-2 days to clear and there are no additional fees incurred.
Card-to-card transfer: Akimbo prepaid debit card users can recharge or reload the account by a balance transfer from a Visa or Mastercard. This transfer can be done by inputting your Akimbo prepaid debit card number into the required account information section on the transfer page.
Cash deposits at a Mastercard or Green Dot reload station: cash deposits can be made into your Akimbo card by visiting any of the accepted retail locations. This deposit system does come with a retailer fee of up to $5.
Bank Transfer: simply visit any of the banks that can reload Akimbo prepaid cards and transfer the funds of your choice into your card.
The Akimbo prepaid debit card can be activated without a credit history check and without a bank account. This prepaid debit card is a secure card that can be used for online and pin purchases. The card is secured by FiCentive, Inc and VeriSign so you are ensured that your purchases are secure. The Akimbo website is user-friendly and the card has an application (IngoMoney App) that can be downloaded on the Apple store or Play store.
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