Prepaid Card Support | Sutton Bank | Attica, Ashland, Mansfield (2024)

FAQs

How do I get money from my prepaid card to my account? ›

Depending on the gift card terms, you will more than likely need to move the money from the gift card to a third-party service like PayPal or Venmo, which links to your bank account and can be transferred from there.

You can buy prepaid cards at retail locations (such as grocery stores and drug stores), online, over the phone, or from some banks and credit unions. If you buy the card online, you may be issued a virtual card, or they may send you a physical card in the mail.

How do prepaid cards compare to debit cards? A prepaid card is not linked to a bank or credit union account. Instead, you put money into the card account, sometimes called loading money onto the card, before you can spend it. With a debit card, you are spending money you have in your bank or credit union account.

1. Check if your prepaid card allows transfers. First, determine if your card issuer allows transfers to your bank account. You can contact the card issuer and ask how to transfer money from a prepaid card or check the card's terms and conditions.

Withdraw cash from ATMs

Prepaid cards work in much the same way as any standard debit card. You are issued a PIN which allows you to withdraw cash from ATMs. While many ATMs are free to withdraw from, some may charge a fee for withdrawals though no matter what kind of bank card you use.

Some prepaid debit cards let you load up to $15,000 onto your card, while others may have a lower maximum amount. For example, the Regions Now Card has a $7,500 balance limit. You can find the maximum limit on your prepaid debit card by reading your card's terms and conditions.

Arrange for a paycheck or other regular payment to be directly deposited onto the card. Transfer money from a checking account or another prepaid card. Buy a “reload pack” to add a certain amount to your card.

It is also possible to have funds added to your prepaid card by a third-party. Someone else can send you money with a one-off payment or you can have regular payments set up. You can have your salary or benefits paid to your prepaid card each month.

Introducing the new, prepaid and reloadable TD Connect Card. TD Bank.

Does my prepaid card have an account number? ›

No, there is no traditional checking or savings account with a prepaid debit card. Your card does have an associated routing number and account number (in addition to the card number itself), but this is not the same as having a checking or savings account.

You may be charged an inactivity fee if you do not use your card for a certain period of time. Prepaid card providers generally charge either a monthly fee or an inactivity fee, but not both. Remember, if your provider charges a monthly fee, you will continue to be charged this fee even if you're not using your card.

Transferring money from a prepaid card to a bank account may vary based on card terms. Some may offer guidelines on the transferring process or require contact with a representative. Prepaid card issuers also often provide associated apps or online platforms that can streamline and initiate the transfer process.

Any participating bank or institution that accepts Visa cards allows you to get cash back from a prepaid card. Simply show the teller a form of identification and your card.

To transfer money from your bank account to a prepaid card, log in to your bank's online platform or mobile app, navigate to the "Transfers" section, enter the prepaid card details, specify the transfer amount, review and confirm the transaction, and verify the transfer's success afterward.