Is there an extra fee for the ABLE Prepaid Card?
Yes. We know our ABLE savers use their accounts differently from one another. Some are using their accounts to pay for their everyday living expenses. Others are saving up for larger purchases, like a down payment on a home, that will take years of saving to achieve. The ABLE Visa® Prepaid Card fee is charged separately from our overall fees for the benefit of ABLE participants who choose not to use the card.
The ABLE Prepaid Card fee is $1.25 a month, no matter how little or how much it’s used. It works best for account owners who plan on spending money regularly.
