3 Best Debit Cards in the US for 2022
A debit card is a plastic card that gives the cardholder a set amount of funds against each purchase that they make. The funds are typically drawn from the cardholder's checking account, and the card can be used anywhere that credit cards are accepted. Here are the 3 best debit cards in the US for 2022.
Monthly Fee
The monthly fees of the Extra card are $7.. This makes it one of the most affordable debit cards in the US.
Activation Fee
The activation fee for the Extra card is $0.
Transaction Fee
The transaction fee for the Extra card is $0 per transaction.
Estimated Earnings
The estimated earnings of the Extra card are 1% on every purchase.
Detailed Features
1. Chip and PIN security
This debit card comes with chip and PIN security. This makes it more secure than a debit card without this feature. The chip encrypts your information and the PIN adds an extra layer of security. Most of the time, you will need to use your PIN when you use this card at an ATM or POS Terminal.
2. Rewards
This debit card offers 5 rewards points on every $1 spent. These points can be redeemed for cash back, gift cards, or merchandise. The points never expire and there is no limit to the number of points you can earn. Another good thing about these points is that they can be transferred to other Extra members.
3. Credit Needed
No credit is needed to get this debit card. Compared to other cards that require a good or excellent credit score, this is a great option for those with bad credit or no credit.
4. No Minimun Credit Score Required
Even if you have no credit score, you can still get this debit card. This is a great option for those who are just starting out or for those who have bad credit. The only requirement is that you have a checking account.
5. Connect With Your Bank Account
You can connect your Extra card with your checking account. This allows you to easily transfer money between the two accounts. You can also use this feature to pay your bills or make purchases online.
Pros and Cons
Pros:
1. Small monthly fee
This is one of the biggest advantages of the Extra card. The $7 monthly fee is very affordable, especially when compared to other cards that have a monthly fee.
2. No activation fee
Another advantage of the Extra card is that there is no activation fee. This means that you can get started with this card right away.
3. Rewards
This card offers 5 rewards points on every $1 spent. These points can be redeemed for cash back, gift cards, or merchandise. The points never expire and there is no limit to the number of points you can earn.
4. No credit needed
Even if you have no credit, you can still get this debit card. This is a great option for those who are just starting out or for those who have bad credit.
5. Connect with your bank account
You can connect your Extra card with your checking account. This allows you to easily transfer money between the two accounts. You can also use this feature to pay your bills or make purchases online.
Cons:
1. Monthly fee
The only downside of the Extra card is the $7 monthly fee. However, this fee is very affordable when compared to other cards that have a monthly fee.
2. No rewards for ATM withdrawals
This card does not offer any rewards for ATM withdrawals. This means that you will not earn any points when you use this card at an ATM.
3. Does not Build Credit
Since this is a debit card, it does not help you build credit. If you are looking for a way to build credit, you will need to get a credit card.
Our Editors Reason For Picking It
The Extra card is one of the best debit cards in the US for 2022. The monthly fee is very affordable and there are no fees for transactions or ATM withdrawals. Plus, you can earn rewards on every purchase. This card is a great option for those with bad credit or no credit.
2. Aspiration - Aspiration Spend & Save Account
Monthly Fee
The monthly fee for the Aspiration Spend & Save account is $7.99. This is a small monthly fee that is very affordable.
Activation Fee
There is no activation fee for the Aspiration Spend & Save account. This means that you can get started with this card right away.
Transaction Fee
The transaction fee for the Aspiration Spend & Save account is $0. This means that you will not pay any fees when you use this card for purchases or ATM withdrawals.
Estimated Earnings
The estimated earnings for the Aspiration Spend & Save account is 5% cash back on all purchases. This is a great earning rate that can help you earn cash back quickly.
Detailed Features
1. Monthly Fee
The monthly fee for the Aspiration Spend & Save account is $7.99. This is a small monthly fee that is very affordable.
2. No Activation Fee
There is no activation fee for the Aspiration Spend & Save account. This means that you can get started with this card right away.
3. Transaction Fee
The transaction fee for the Aspiration Spend & Save account is $0. This means that you will not pay any fees when you use this card for purchases or ATM withdrawals.
4. Estimated Earnings
The estimated earnings for the Aspiration Spend & Save account is 5% cash back on all purchases. This is a great earning rate that can help you earn cash back quickly.
5. No Credit Needed
Even if you have no credit, you can still get this debit card. This is a great option for those who are just starting out or for those who have bad credit.
Pros and Cons
Pros:
1. No monthly fee
One of the biggest advantages of the Aspiration Spend & Save account is that there is no monthly fee. This means that you can save money every month by using this card.
2. Free paper checks available
Another great advantage of this card is that you can get free paper checks. This is a great benefit if you need to write a check but don't have enough money in your account.
3. No Overdraft Fees
One of the best features of the Aspiration Spend & Save account is that there are no overdraft fees. This means that you will not have to pay any fees if you accidentally spend more money than you have in your account.
Cons:
1. Does not offer rewards
The biggest downside of the Aspiration Spend & Save account is that it does not offer any rewards. This means that you will not earn any points when you use this card for purchases or ATM withdrawals.
2. Limited ATMs
Another downside of this card is that there are only a limited number of ATMs that you can use. This can be a problem if you travel often or if you live in a rural area.
3. Does not Build Credit
Since this is a debit card, it does not help you build credit. If you are looking for a way to build credit, you will need to get a credit card.
Our Editors Reason For Picking It
The Aspiration Spend & Save account is one of the best debit cards in the US for 2022. The monthly fee is very affordable and there are no fees for transactions or ATM withdrawals. Plus, you can earn rewards on every purchase. This card is a great option for those who are looking for a way to save money.
Monthly Fee
The monthly fee for the Greenlight debit card for kids is $9.99. This is a very affordable fee that is perfect for families on a budget.
Activation Fee
There is no activation fee for the Greenlight debit card. This means that you can get started with this card right away.
Transaction Fee
The transaction fee for the Greenlight debit card for kids is $0. This means that you will not pay any fees when you use this card for purchases or ATM withdrawals.
Estimated Earnings
The estimated earnings for the Greenlight debit card for kids is 1% cash back on all purchases. This is a great earning rate that can help you earn cash back quickly.
Detailed Features
1. Free ATM withdrawals
One of the best features of the Greenlight debit card for kids is that you can get free ATM withdrawals. This means that you will not have to pay any fees when you use this card at an ATM.
2. No credit needed
Another great feature of the Greenlight debit card is that you do not need any credit to get this card. This is a great option for those who are just starting out or for those who have bad credit.
3. Spend anywhere
Another great feature of the Greenlight debit card is that you can spend anywhere. This means that you can use this card at any store that accepts debit cards.
4. Parental controls
One of the best features of the Greenlight debit card is that it offers parental controls. This means that you can set spending limits and track your child's spending.
Pros and Cons
Pros:
1. Affordable monthly fee
One of the biggest advantages of the Greenlight debit card is that it has a very affordable monthly fee. This is perfect for families on a budget.
2. Instant Money Transfers
Another great advantage of the Greenlight debit card is that it offers instant money transfers. This means that you can send money to your child's account instantly.
3. Mobile Payments
Another advantage of the Greenlight debit card is that it offers mobile payments. This means that you can use this card to pay for purchases using your smartphone.
Cons:
1. Limited ATM Access
One of the biggest drawbacks of the Greenlight debit card is that it has limited ATM access. This means that you may not be able to use this card at all ATMs.
2. No Credit Card
Another drawback of the Greenlight debit card is that it does not offer a credit card. This means that you will not be able to build credit with this card.
Our Editors Reason For Picking It
The Greenlight debit card is one of the best debit cards in the US for 2022. The monthly fee is very affordable and there are no fees for transactions or ATM withdrawals. Plus, you can use this card to pay for purchases using your smartphone. This card is a great option for those who are looking for a way to save money.
