American Express has launched its Campus Edition prepaid card, a reloadable card available at more than 500 Barnes & Noble college bookstores across the United States. The card will provide college students with a spending and budgeting tool that can be used wherever American Express Cards are accepted.
The card costs $4.95 and can be funded with multiple loading options at the register with any dollar amount from $25 to $500. Alternatively, customers can order a personalized card online for free here.
If a customer purchases a card at Barnes & Noble and wants to get the full benefits of the Campus Edition card, the customer must order his card online. Once the card is activated, funds from the Barnes & Noble purchased card can be transferred.
Funds can be loaded online through a bank account, such as a savings or checking account, and through cash loading via MoneyPak or at the register at participating Barnes & Noble stores. According to American Express, the ability to load via direct deposit will be available soon.
The card also comes with ATM access and there is no fee from American Express for the first monthly ATM cash withdrawal, after which a $2 fee per withdrawal applies There are no fees for monthly maintenance, activation, balance inquiries, alerts, card replacement, foreign currency conversion or loading via bank account.
The card purchased from Barnes & Noble can be used anywhere in the U.S. where American Express Cards are accepted while the personalized card can be used anywhere around the world where American Express is accepted. The funds for either card do not expire, and if lost or stolen, the funds can be replaced.