Need help finding a good reloadable card for my daughter

My kid is off at college and I'd like to give her a card where I can throw some money on it when she needs it. A prepaid card would be great but all the cards I'm finding have a 1-3 day transfer period or charge a large amount.

Do you guys have any recommendations on a good card I can get for her? If there's a small monthly fee that's ok, I just don't want her to say "Dad, I need some money for xyz" and have to wait 3 days to get it.

EDIT: An option would be to open a bank account for her, I just don't like the idea of overdrafts and such. I guess I can look into no overdraft and just having a transaction declined if she goes to use a card. Is that a thing?

If she has a bank account you can just do quick transfers using the Zelle app. Funds are available immediately. I actually pay my landlord with it, and my renters pay me with it. My bank caps us at $1000/day, but my renters don't have that cap.

Paypal? They have a debit card.

I've not used it for well over a decade, but I used to have one.

No overdraft fees (because it will simply decline the payment if there's isn't sufficient balance).
No annual fee.
Easy to move money to/from a bank account(s) - usually takes < 1 day for funds to move, IME.

On the bank account front, check out credit unions local to her college - they'll likely have student-focused accounts that won't allow overdrafts. Commercial banks won't.

And, as an aside, f*ck commercial banks, if you have a decent credit union locally, get on that stat.

DeThroned wrote:

EDIT: An option would be to open a bank account for her, I just don't like the idea of overdrafts and such. I guess I can look into no overdraft and just having a transaction declined if she goes to use a card. Is that a thing?

Yes, but with a caveat. Our banks like to re-enable it at random. My fiancee had to call them to turn it off several times.

My wife, daughter and I all have accounts with Simple, an online bank, and adore it. It allows for instantaneous transfers between accounts, you can link your account at another bank to Simple to provide for instant transfers that way, and they have no fees and don't do overdraft fees. It's pretty fantastic.

Thanks for the suggestions guys! I told her to open a bank account up there at the bank that has an ATM on campus. Using Zelle is what I'm going to go with to start. There's more than one of us who may be sending her cash so Zelle seems like the best bet (or at least the easiest).

We tried a few different pre-paid cards for an in-law that is in a nursing home so he would have some spending money. We settled on the Amex Bluebird as the easiest for us and we've been using it for a couple of years. I don't know if some newer options are better.