How does a Green Dot prepaid card work?

A Green Dot prepaid card functions as a reloadable debit card that offers its users the convenience of making electronic transactions without requiring a traditional bank account or credit check. Upon acquiring a Green Dot card, you simply load it with funds via direct deposit, bank transfer, or cash deposits at participating retail locations. Once the card is loaded, you can use it anywhere that accepts Visa or Mastercard, depending on the card's affiliation. For purchases, bill payments, and everyday spending, the amount of each transaction is deducted from the available balance on the card. The ability to reload the card provides flexibility and ongoing use, while features like online account management and text alerts help you keep track of your spending and balance. However, be mindful of potential fees for loading, withdrawing cash, and monthly maintenance associated with the Green Dot prepaid card.