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What Prepaid Cards let You Overdraft?

Prepaid cards are not intended to allow overdrafts. They are often “pre-funded,” which means you can only spend the amount of money you have loaded onto the card.


When the amount on the prepaid card approaches zero, you are normally unable to make any further purchases or transactions until you replenish the card.

Overdrafts are most commonly associated with standard debit cards that are tied to checking accounts at banks or credit unions.


When you try to make a purchase that exceeds your available account balance, the bank may accept the transaction while charging you an overdraft fee.

This results in a negative balance in your account, and the bank effectively lends you the additional funds to cover the purchase.

What Prepaid Cards let You Overdraft?

There are a few prepaid cards that allow you to overdraft your account. However, it is important to note that over drafting your prepaid card can have negative consequences, such as fees and interest charges.

Net spend

Netspend allows you to overdraft your account up to $10. However, you will be charged a $15 overdraft fee for each overdraft transaction.

PayPal Prepaid Mastercard

The PayPal Prepaid Mastercard offers a purchase cushion program that allows for overdraft transactions of up to $10.

However, you must be enrolled in the program and you must bring your account balance back to zero within 24 hours to avoid being charged an overdraft fee.

ACE Elite Prepaid Visa

The ACE Elite Prepaid Visa offers a $10 purchase cushion beyond your available balance. However, you must bring your account balance back to zero within 24 hours to avoid being charged a $20 overdraft fee.

Furthermore, the availability of overdraft protection or features varies between financial institutions and card issuers,


so it’s critical to thoroughly study the terms and costs associated with any financial product you’re contemplating.

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