EXTENSION CONNECTION: Defining prepaid or reloadable cards

Published: Tuesday, March 19, 2013 at 18:18 PM.

•Funds transfer fees: may be charged for transfers from one card to the other.

•Balance inquiry fee: charge for obtaining your balance statement.

•Inactivity fee: Charge applied if you don’t use the card for a determined period, typically 60 to 90 days.

•Card replacement fee: charged if your card is lost or stolen.

•Customer service fee: charged by some card issuers when you contact their customer service department.

•Foreign currency conversion fee: You may be charged if you use the card outside the U.S.

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