General Question

silky1's avatar

Does anyone use the Skylight prepaid debit card?

Asked by silky1 (1505points) June 28th, 2011

If so where and how do you reload it if necessary?

Observing members: 0 Composing members: 0

8 Answers

MrItty's avatar

Never heard of it, but myskylightcard.com has a location finder, and instructions for how to do so.

Note that the instructions inform you that some locations may charge “a small fee” to reload your card. Therefore, I cannot for the life of me understand why anyone would use this. What is the advantage over just using a debit card connected to your bank account?

chewhorse's avatar

There is no difference Mritty, only the payout.. I too try to steer the naive from these money pits.. small as they charge they still take money from you for no reason other than the option to keep you up to date on how much you have deposited but like I’ve argued, a simple check registry will do that just as well. But some must learn, maybe it’s the pride of having a mc/visa without the bank’s logo, who knows. I use a bank debit card (just exactly like credit cards) the only difference is the bill is paid immediately instead of monthly payments (with bookoo interest) but that’s exactly how these cards work as well so, there is no reason to feed a dead dog unless of course you can’t acquire a bank account.

silky1's avatar

There is in fact a major difference with the prepiad debit and the ones attached to the bank accounts. most of these cards are free from overdraft fees and they are essential for people who can’t maintain the required minimum amounts required for some bank accounts.

chewhorse's avatar

Their free from the over draft fees because if you run over a dime they will deny the buy and inform you to add more funds.. I have no over draft costs on my bank card because I chose the option not to have it and just simply keep a record of buys.. As far as minimum requirements, your right silky1, but with a little work on your part you will be able to find banks that do not have minimums.. I use a credit union and have no minimums, no monthly fees and no charges what so ever.. It took me a while to find them but their out there I assure you.

MrItty's avatar

They’re “free from overdraft fees” because they charge you to use your money to begin with. How is that better?

chewhorse's avatar

If your referring to the prepaid debit card it isn’t. I wasn’t talking about the prepaid but the bank debit that’s better if you can open a bank account. And as I said, if you look closely enough and don’t take the first bank that offers, you can find a bank that does not have charges or minimums.. I have such an account, both checking and savings.

MrItty's avatar

@chewhorse no, I was replying to @silky1, just as you were

chewhorse's avatar

My apologies Mritty but there wasn’t anything to give me that clue.. Guess I’m confused of other forums I visit that return opinions of opinions (see, I’m even confused on this) ☺

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