GET.com's Review of AchieveCard Visa® Prepaid Card
|Highlights||Credit Card Feature|
|Things We Like||Earn 1,000 bonus points|
|Our Least Favorite||$9.95 monthly maintenance fee|
|Our Verdict||Good prepaid card for earning points|
- Get paid faster than a paper check
- Quick and easy sign up
- No minimum balance
- Online banking and SMS alerts
- Shop online, pay bills, and make everyday purchases
- Send paper checks with Online Bill Pay - we print & mail them for free!
- Exclusive AchieveRewards Loyalty Program
- Intro APR
- Annual Fee
- Regular APR
- Credit Required
No Credit Check
AchieveCard Visa® Prepaid Card is a straightforward and easy-to-use prepaid card issued by The Bancorp Bank. This Visa card rewards cardholders with points for all their purchases as well as bonus points and special perks on a monthly basis.
However, despite all the simplicity, points and fun this card offers it also has some drawbacks. Read on to find out what AchieveCard Visa® Prepaid Card is all about, and how we rate it.
Things We Like About AchieveCard Visa® Prepaid Card
Signing up is quick and easy with no credit check. All you have to do is fill out a simple form online to qualify for this card.
Don't incur debt and pay no interest rates. As this is a prepaid card you can only use the cash you reload in your account. Since you can't borrow, you won't incur any debt or interest payments.
Earn points each time you use your card through AchieveRewards Loyalty Program. Earn 3 points for each dollar spent each time you make signature credit purchases (when you sign instead of entering your PIN code) and 1 point for each dollar spent on PIN debit purchases.
Earn 1,000 bonus points when you load at least $1,000 to your account each month. These bonus points will be doubled if they are loaded to your account through Direct Deposit!
Earn 1,000 bonus points each month you make at least 30 purchases. You can earn these additional points each month by simply making a daily purchase with your card (but don't forget to make a couple extra in February to reach 30).
Earn up to 10,000 bonus points each month you pay your maintenance fee on time. Every month you pay your maintenance fee you will receive bonus points. The first month you'll receive 1,000 bonus points, the second month 2,000, and so on, capped at 10,000 bonus points per month after month 10.
Earn 5 points for each item on the AchieveRewards website that you "Like" on Facebook. Each item you "Like" on the website gives you additional points. It only takes a few seconds to "Like" the Auction and Sweepstake Items on the AchieveRewards website, so it is a simple and quick way to earn additional points. You can only like each item once, but they add new items each day.
Earn 10 points each time you "Share" an item from the AchieveRewards website on Facebook. This is one of the fastest and easiest ways to earn points. Keep in mind that you can only share each item once.
Pay your bills online. You can sign up to use online bill pay, which will allow you to pay your bills online in only a few seconds and pay all your bills through one place. All you have to do after signing up for the program is log in, add a payee and schedule your payment, it's really that simple. Through online bill pay you can even send checks and have them printed and mailed for you for free.
Enjoy direct deposit. You can benefit from direct deposit of your paycheck, Social Security, disability or unemployment benefits directly to your account without the hassle of checks. All you have to do is print the Direct Deposit Form and get it filled out by your benefits provider or payroll department, and then simply enjoy the convenience of having your cash deposited directly to your account. It's even faster than cashing a check.
Enjoy online banking as well as SMS alerts. You can manage your account online, and may even receive SMS alerts. However, keep in mind that standard text messaging rates may apply.
Reload your card at over 50,000 participating retailers in the US. Participating stores include Walmart, 7eleven, Kmart, CVS pharmacy, Walgreens, Dollar General, Rite AID and ACE Cash Express, among others.
Reload your card easily. There are two ways your can reload your card, either at the register, or by cashing a check at Walmart. You won't have to fill out any form to reload your card.
- Reload at the register. You can reload your card simply by taking it to the cash register of a participating store, where they will swipe your card to add the cash you want to reload. Keep in mind that card balance and reload limits apply, as well as a fee of up to $4.95. Remember to keep your receipt for future reference.
- Reload with a check. You can cash a check of up to $1,000 at participating Walmart stores at any of the checkout lanes and then reload that cash to your card. There is a maximum fee of $3 to cash your check and a $3.74 fee to load this cash to your card. This option is only available at participating stores. Remember to keep your receipt as a confirmation of your reload.
No minimum balance. You don't have to have any minimum balance in your account to use this card.
Participate in auctions and sweepstakes with your points. You can bid your points against other cardholders for all sorts of items, including gift cards, and win lots of cool stuff without even leaving the house.
Use this card to pay your bills, make purchases and shop online. You can use this prepaid card to make all your purchases, whether at establishments or online. Keep in mind that a $0.95 fee applies for each PIN purchase.
No signature purchase transaction fee. When making a signature transaction purchase with this card you won't have to pay any fee.
Our Least Favorite Things About AchieveCard Visa® Prepaid Card
$9.95 monthly maintenance fee. Although this card doesn't have an annual fee, every month you must pay a $9.95 account maintenance fee to use this card, and cumulatively, this amounts to $119.4 yearly!
$0.95 PIN purchase transaction fee. Each time you make a PIN purchase with your card you'll be charged a $0.95 fee.
$2.5 ATM withdrawal fee. Each time you withdraw cash from an ATM you will be charged an additional $2.5, despite the amount you withdraw from your account.
$0.95 ATM balance inquiry fee. You will be charged $0.95 each time you inquire for your balance through an ATM.
How Other Cards Compare With AchieveCard Visa® Prepaid Card
AchieveCard Visa® Prepaid Card is a good prepaid card for people who like earning points on purchases, social media interactions, and paying the maintenance fee on time. You will also be able to participate in online auctions. Given that you will earn points for every dollar you spend as well as each month when you make enough purchases (30 or more), you will be able to offset the monthly fee quite easily if you use this card for most of your spending.
Direct deposit and online banking are another big advantage of AchieveCard Visa® Prepaid Card as you won't have to worry about forgetting to make your payments or cashing your payroll or benefits. However, if you want to build your credit I recommend that you apply for a credit card so that you can improve your credit score over time.
See more The Bancorp Bank credit cards.