Green Dot Relaunches MoneyPak for Reloading Prepaid Cards

Green Dot announced that prepaid card users will once again be able to load money onto their cards with a MoneyPak. The MoneyPaks will be available in Kroger and Rite Aid stores starting this month, and will soon show up in a variety of retailers nationwide.

The MoneyPak program was temporarily closed down as a means to enhance security. After a series of Green Dot prepaid card scams, the company shut down the MoneyPak reload option in order to create a “new system for mitigating the potential for misuse of the product,” according to Green Dot’s Chief Executive Steve Streit.

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The scammers were finding creative ways to get people to reveal their debit card numbers and PINs, much like they would use for a standard bank debit card. With that information, the scammers could either pull money from the cards or make purchases without the cardholder’s authorization.

MoneyPak cards cost $5.95 to purchase, and can be loaded with $20 to $500. That money can then be loaded onto a Green Dot reloadable MasterCard or Visa through MoneyPak.com.

In addition to using MoneyPak, Green Dot cardholders can add money to their accounts through direct deposit, mobile check deposit, and through a network of merchants that allow users to load at the registers. The money put onto the cards can be used anywhere Visa and MasterCard are accepted.