JPMorgan Chase & Co. is expanding the availability of its new Liquid prepaid card to all 5,500 branches across the U.S., the bank announced July 10.
The card has a monthly fee of $4.95 that Chase will waive only linking to one of the checking accounts listed in its terms and conditions.
The prepaid industry has a somewhat predatory reputation for the fees that some companies charge, but Chase has made a point of offering some services for free. For example, Liquid cardholders can refill the card account using cash or a check at a Chase ATM for no charge, and the issuer will replace lost cards for free.
Chase had previously tested the Liquid card at about 200 branches.