Wal*Mart Informative - Wal*Mart Prepaid Debit Cards
I saw some of these cards the other day and got one. After loading $100 to it, I headed home. During the activation process, I had to prove that I wasn't a terrorist. This is all fine, but the end. I was told at the very end, that you must be 16 to have the card. "Fortunately" they let me keep the temporary card, but once it was gone, I couldn't reload it.
I did manage to have one in my Mom's name, and it works fine, except for all of the dang fines!
$10 per card
$5.00 per amount you add
$5.00 a month, even if you don't use it at all.
I don't recommend using this card if you don't need to. If you have bad credit, cannot get a bank account, and are not a terrorist, then this may be for you. It also seems to be a great thing for your kid. I would get the two card set, like I did. Have one in your name, then one in your kid's name.