If you’re a Little Wayne fan then chances are you will like his new prepaid card – Young Money Prepaid Discover® Card. This card works just like any other prepaid card and can be used everywhere Discover is accepted. You can shop online, pay bills, get cash from an ATM or even get cash back from a purchase. The card offers direct deposit, online bill pay and online account management. Before you can use the card you must add funds to the card. This is not a credit card and anyone is eligible for the card, regardless of your credit history.
Add Money
Adding money to your card is easy, but depending on which method you use there might be a fee. Here are several different ways you can add money to your Young Money Discover® Card Card.
Direct Deposit: Have your paycheck deposited directly to your Young Money Card. This includes government checks like child support of SSI. This is a free service and you can get the enrollment form from your online account.
MoneyPak: You can purchase a MoneyPak which is available in thousands of stores nationwide, including retailers like Walmart, Walgreens, CVS/pharmacy, Rite Aid, Kmart, Kroger and Meijer.
Online Reload: You also have the option to login to your online account and transfer funds from an existing prepaid card.
Tax Refunds: With tax season approaching quickly, you can use this account to get your tax refund. You get your refund faster by having it deposited directly to your Young Money Card and this service is free. You can print the enrollment form from your online account.
Managing Your Account
You can manage your account online which allows you to conveniently view your account at anytime. You can check your balance, view monthly statements, pay bills, and elect to receive text alerts to name a few. Your online account is also where you can print your direct deposit form and make a card to card transfer. Using your online account is a free service you get just for being a card member.
Young Money Fees
The most important part of any prepaid card are the fees. Below we have listed several fees you should expect if you use the card. To see a complete list you should review the card terms and conditions.
- ATM Withdrawals: Domestic: $2.00
- ATM Withdrawals: International: $3.00
- Monthly Maintenance Fee: $3.95
- Replacement Card (Lost/Stolen): $5.95
- Card Purchase Fee: $6.95
- Paper Statement Fee: $2.50
- Reload Fee: $4.95
How To Get A Card
Getting a card is easy and can be done online. All you have to do is fill out an application form. The only requirement is that you be 18 years old and a U.S. citizen. There are no credit requirements because this is a prepaid card. You can get started today by completing an online application.