Paper statement fee

Description

Paper statement fee

Some prepaid cards charge a fee if you request paper statements for your prepaid card. You may be able to go online to get a statement, or at least a list of your recent card purchases and other transactions, without a fee. Under the CFPB’s prepaid rule, you have the right to get information about your account without a fee.  The prepaid card provider has to give you, without a fee, balance information by phone, transaction history online, and if you request it, transaction history by mail. You may be charged a fee for a mailed transaction history in some cases, such as making requests per month or if you sign up to receive paper statements every month by mail.