DES MOINES, Iowa (10/31/12)--The Members Group's (TMG) ATIRAreload prepaid card has been ranked the third most affordable prepaid card by NerdWallet.com, an online financial planning resource.
Available to consumers through the financial institution clients of TMG, the card can be used to make purchases at most places Visa debit is accepted. The ranking is based on a comparison of ATIRAreload's fees with other prepaid cards on the market.
ATIRAreload is a personalized, reloadable prepaid card that TMG markets as a safer alternative to carrying cash, a way to stay on budget and an attractive option for parents who want to monitor teen spending. When funds are low, the card can be reloaded for free at the cardholder's financial institution branch, by direct deposit or on the Web. ATIRAreload cardholders also can load cash via Visa ReadyLink merchants for a fee.
TMG minimizes ATIRAreload low by allowing surcharge-free ATM transactions from all Interlink ATMs. Consumers also can access cash by requesting cash back at the point-of-sale (POS). Monthly maintenance fees are waived when ATIRAreload cardholders spend down the balance on the card each month.
"The NerdWallet.com ranking allows ATIRAreload national recognition for its many advantages over other prepaid options in the market," said Konrad Christensen, TMG retail payments product manager. "Another huge advantage for ATIRAreload cardholders is the card ties to their financial institution, which can provide them with the education, resources, products and services they need for ongoing financial responsibility."