Chase Launches Starbucks Prepaid Card With No Fees

Chase has launched a new Starbucks prepaid card which is reloadable and has no fees. It’s not a particularly compelling product but could be useful for some, especially anyone unable to be approved for credit cards.

Starbucks Prepaid Card

Signup Bonus

  • Earn 125 Bonus Stars the first time you use your Starbucks Rewards Visa Prepaid Card to load $10 or more to your registered Starbucks Card.
  • Direct link.

Earning Details

  • Earn 1 star for every $10 of spend.

Key Card Details

  • Automatic gold status
  • Opening fee – $0
  • Monthly fee – $0
  • Purchase fee – $0
  • Inactivity fee – $0
  • Customer service fee – $0
  • Reload fee – $0
  • Exchange rate adjustment – $3
  • Card replacement – rush request – $5
  • Legal processing fee ( Processing of any garnishment, tax levy, or other court order or administrative order against a Starbucks Rewards Visa Prepaid Card, whether or not the funds are actually paid) – $75
  • Maximum one card per customer
  • No cash or credit card reloading

Quick Thoughts

This Starbucks prepaid Visa card won’t be worth getting for most people, but might make sense for anyone who’s unable to get approved for credit cards but still wants to earn some kind of rewards.

On the positive side, it comes with Gold status and offers a signup bonus of 125 stars – enough for a free item – when reloading with $10 for the first time.

Other than that, it doesn’t offer much. You can’t reload with cash or credit cards and only earns one star for every $10 spent. That means you’d have to spend $1,250 on the card to earn a free item.

A better option might be a Discover Cashback Checking account which earns 1% on debit card purchases. Spending $1,250 on that card would earn $12.50 and has the added benefit of you being able to spend it anywhere, rather than being restricted to items from Starbucks.

h/t Doctor of Credit

About Stephen Pepper

Stephen Pepper is on a 5 year, 50 state road trip with his wife Shae and their dog Truffles. Finding opportunities to earn miles and points is one of the ways they can afford to do this, so he'll try to help you do the same for your own travels.

More articles by Stephen Pepper »

Regarding comments: Comments posted at the bottom of Frequent Miler pages and posts are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.

Leave a Reply

3 Comment threads
1 Thread replies
Most reacted comment
Hottest comment thread
4 Comment authors
John DroescherStephen PepperSteven S02nz Recent comment authors

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Notify of

Those with credit problems (such that they can’t get approved for a credit card) probably shouldn’t be buying $4 a pop lattes.

Steven S
Steven S

Am I correct that because this is a debit card it would not affect my Chase 5/24 status in anyway?

John Droescher
John Droescher

Anyone try to buy a money order with this yet? Just wondering why everyone is falling all over themselves over this being a SERVE alternative. (edit) Oh darn, no credit card loading. Can this “debit” card only be used at starbucks?