Short Form Disclosures for Prepaid Accounts, Example 2

Short Form Disclosure - DIRECT Home Rewards Account

  • Monthly fee

    $7

  • Per purchase

    $0

  • ATM withdrawal

    $2.50 domestic

  • Cash reload

    n/a*
ATM balance inquiry (in-network or out-of-network) $0.00
Customer service (automated or live agent) $0.00 per call
Inactivity (after 183 days with no transactions) $10.00 per month
We charge 6 other types of fees. Here are some of them:
Expedited Card Fee $30.00
Card Closure Fee $10.00
Foreign Transaction Fee 3% of converted US dollar amount of transaction

* Cash reload is not an available feature of the DIRECT Card.

No overdraft/credit feature.
Your funds are eligible for FDIC insurance.

For general information about prepaid accounts, visit cfpb.gov/prepaid.
For details and conditions for all fees and services, call 1-833-263-2826 or visit directb.net.

Short Form Disclosures for Prepaid Accounts, Example 2

Short Form Disclosure - DIRECT Prepaid Basic Account

  • Monthly fee

    $0

  • Per purchase

    $0

  • ATM withdrawal

    $2.50 domestic

  • Cash reload

    n/a*
ATM balance inquiry (in-network or out-of-network) $0.00
Customer service (automated or live agent) $0.00 per call
Inactivity (after 183 days with no transactions) $10.00 per month
We charge 6 other types of fees. Here are some of them:
Expedited Card Fee $30.00
Card Closure Fee $10.00
Foreign Transaction Fee 3% of converted US dollar amount of transaction

* Cash reload is not an available feature of the DIRECT Card.

No overdraft/credit feature.
Your funds are eligible for FDIC insurance.

For general information about prepaid accounts, visit cfpb.gov/prepaid.
For details and conditions for all fees and services, call 1-833-263-2826 or visit directb.net.

Signing up with DIRECT is free
and won’t affect your credit score.

Important Information You Need to Know About Opening a New Account

To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each individual and business that opens an account.

Banking services provided by Pacific West Bank, Member FDIC. Your funds are FDIC insured up to $250,000 through Pacific West Bank, Member FDIC. The Direct Visa® Debit Card is issued by Pacific West Bank, N.A. pursuant to a license from Visa U.S.A. Inc. and may be used anywhere Visa cards are accepted.

What This Means for You

When you open an account, we will ask for your name, address, date of birth and other information that allows us to identify you. We may also ask to see your drivers license and other identifying documents.