How to Load The Kaiku Prepaid Visa Card?

How to Load The Kaiku Prepaid Visa Card?

Picture of Item Reviewed
Editor's Rating: 3.8/5.0
A detailed explanation on the various ways one can load this card. Direct deposits as well as bank transfers have no fees.
Intro Purchase APR Regular APR Intro Balance Transfer Annual Fee Issuer Credit Needed
N.A. $23.40 First California Bank No Credit

Before we get into how to load money into this card, let's go over some rules. Firstly, the minimum load amount is $20. Secondly, you can load up to $5,000 into your card at a time and you cannot have a balance of more than this amount at any time. You can load up to a total of $25,000 in a month. And you can only load up to 45 times within a 30 day period.

Loading Via VisaReadyLink - One of the ways which you can load the card is via VisaReadyLink. The minimum amount is once again $20. You can find their locations at www.kaiku.com/locator. You can also load via VisaReadyLink at moneygram locations (code is 7034). It will cost you between $2.95 and $4.95 if you choose to load your card this way. You can also load your card at Marathon gas station (fee of $2.95 applies).

If you decide to load via VisaReadyLink of Moneygram, you are limited to loading $950 per transaction or up to $2,500 a week. You can only load up to $4,500 a month.

Direct Deposit - You can also load your card via direct deposit. There is no fee for loading via this method and this is probably the best way to do so. You can load up to $5,000 per transaction, $10,000 weekly and/or up to $25,000 monthly. You can load part of your salary via direct deposit. Social security deposits can also be deposited this way.

Via Bank Account - You can also load your card buy transferring money from your bank account. There is no fee for this (though some banks might charge you a small fee). You can load up to $1,500 per transaction, $5,000 weekly or monthly.
It also turns out that you can transfer money to your bank account. If you do this, there is a charge of $0.95 per transaction. You are limited to transferring $500 at a time, $3,500 weekly or $14,000 monthly.

Receive Your Tax Refunds on this card - You could also make use of this card to receive your tax refund from Uncle Sam. There is no charge for this. To do this, you will have to check the "checking account box" since this card is considered a "checking account" along with your "routing number" and your "direct deposit" number. You are limited to only getting a refund of up to $5,000.

Transfer Money From Paypal - Lastly, you can also transfer money from PayPal and it would not cost you a dime. All you have to do is to enter your routing number and your account number (provided when you get your card). It usually takes 3-4 days for the transfer to be completed. You can transfer up to $5,000 a day, $10,000 a week and $25,000 a month.

« Previous: Introduction Next: Is this a good prepaid card? »