Pre-paid Credit/Debit card for overseas use

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4 posts
pac4toon
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Pre-paid Credit/Debit card for overseas use

Postby pac4toon » Wed Jul 31, 2013 2:35 pm

Hello. I am looking for a pre-paid debit or credit card for my sibling who lives overseas. I want something that I can easily deposit money in to the account here in the U.S. and have my sibling use the money instantly overseas. I am hoping that it will be a card with no foreign transaction fees. I would normally send him money via Western Union but there is a $12.00 fee. So I figured maybe there is a pre-paid debit or credit card out there that I can sign up using his name, etc and then send the card to him.

Thank you.
In my wallet:
AmEx PRG/ BoH Hawaiian Airlines WEMC / Chase Freedom /

In my sock drawer:
AmEx HHonors & BCE


jojo
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Postby jojo » Wed Jul 31, 2013 3:38 pm

I got a plain Amex prepaid for my bf to use during this business trips to remote locations. It's one of the few prepaids out there with minimal fees. Other prepaids charge an exorbitant amount of fees for just about anything. I couldn't find anything about FTFs on their cardholder disclosure, so I'm not sure if there are any.

The only way to get fee free instant access to the funds on a prepaid is have a direct deposit allocation. Otherwise, you have to wait 4 or 5 days for the bank transfer to clear or pay ~$5 to load funds to the card from a customer service office for instant access.

IMHO, you're better off opening an account with your local bank or credit union and giving your sibling an ATM card to access this account. The bank will generally make the funds deposited or transferred from your existing account available right away. Your sibling might have to pay some ATM fees on his/ her end to access the funds, but it's generally less than the $12 Western Union charge.

pac4toon
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Joined: Sun Jun 02, 2013 7:32 pm
Location: Honolulu

Postby pac4toon » Thu Aug 01, 2013 12:00 am

Thanks jojo. I'll probably get an Amex pre-paid. I tried to ask my bank for an additional card to make my bro an authorized user, but he needs to be here to show them his ID. Gonna check out the Western Union site first- I think they also have a pre-paid debit card.
In my wallet:
AmEx PRG/ BoH Hawaiian Airlines WEMC / Chase Freedom /

In my sock drawer:
AmEx HHonors & BCE

jojo
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Posts: 43
Joined: Thu Jun 20, 2013 10:20 pm
Location: CA

Postby jojo » Fri Aug 02, 2013 10:17 am

I understand the bank's policy, but there are ways around that. Can you send the debit card application from the bank to your brother, have him sign the application, and get his signature notarized? Most banks will take notarized documents in lieu of the customer being present. I used to work at a credit union on an air force base. We did this all the time.



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