How much is the daily fee for overdrafting my Ace Elite Prepaid Visa?
There isn't a daily fee for overdrafting your Ace Elite Prepaid Visa. In fact, there's no charge if you bring your balance back above zero within 24 hours.
Otherwise, there is a flat fee of $15 for each time you overdraw your account, which you can only be charged a maximum of three times each month.
In order to be able to overdraw your account, however, you must first opt-in for the overdraft service and meet ACE's qualification criteria, which include enrolling in electronic account communications and receiving a monthly direct deposit of at least $200. You can learn more by contacting customer service at 866-387-7363.
Another important feature to note is that if you receive a direct deposit of at least $500 in any calendar month, you will qualify for the card's “Purchase Cushion” program. That means you won't get charged for any overdraft of $10 or less.
