Teen Prepaid Debit Card
Take the next step toward financial responsibility with a prepaid, reloadable BB&T LEAP AccountTM card. With the convenience, Visa® purchasing power and security you're looking for, it's a smart way for teens and students to spend.
- Make purchases anywhere Visa is accepted
- Control when and how money is added to your account
- Pay bills online, get cash back and more
- Apply in minutes—no separate bank account or minimum credit score required
Benefits
The BB&T LEAP Account combines the features a checking account with the convenience of a prepaid, reloadable debit card that can't be overdrawn.
- Make hassle-free purchases or cash withdrawals, anywhere Visa is accepted.
- Learn financial management principles through online guidance and games.
- Avoid overdraft fees—ideal for young adults or students looking to establish financial responsibility.
- Enjoy 24-hour roadside dispatch, travel and emergency assistance, as well as purchase security for eligible items
- Share joint accounts with a parent, relative or friend. (Either you or your co-applicant must be younger than 21 years old to be eligible for a LEAP Account. If you are older than 21, you may apply for a BB&T MoneyAccount®.)
Adding Funds
It's easy to add money to your BB&T LEAP Account:
- Deposit cash, BB&T checks or government–issued checks at any BB&T financial center location
- Enroll in Direct Deposit to automatically deposit your paycheck, tax refund or U.S. government benefits
- Transfer funds to and from other BB&T accounts
- Load funds where you shop. Use the Visa ReadyLink reload network at any participating merchant location
Managing Your Account
Bank on your terms—anytime, anywhere, with BB&T OnLine®—our FREE Internet banking service. It's safe, easy and convenient.
With BB&T OnLine, you get access to:
- OnLine Bill Payment—schedule free, secure payments when they're most convenient for you
- BB&T Mobile—perform banking transactions right from your mobile phone1
- Alerts – receive account-related email or text messages on your mobile device1
Pricing
BB&T LEAP Account fees are straightforward and affordable and, because the account is prepaid, you never have to worry about interest charges or overdraft fees.
Standard monthly maintenance fee:
- $3 per month
- Free cash withdrawals at any BB&T ATM
- $2.50 at ATMs outside of the BB&T network2
- $5.00 at international ATMs2
Each month, you'll receive free online statements and a single paper statement at no charge. A fee of $3 applies to additional paper statements.
View the complete list of fees and free services.FAQ
Here are the answers to some frequently asked questions about the BB&T LEAP Account.
GENERAL INFORMATION
Who should get a LEAP Account?
The BB&T LEAP Account is perfect for teens and students who want to enjoy the spending power of a Visa debit card but don't want to pay a lot in fees or risk overdrawing your account. (Note: A single applicant must be 18-21 to be eligible for a LEAP account. If you are applying with a co-applicant, one applicant must be 18 years of age or older; the other must be 21 years of age or younger; or both applicants must be between the ages of 18-21 years of age.)
Can I get a BB&T LEAP Account card for another family member?
BB&T LEAP Account cards are issued only to the applicant(s) on the account application.
Can I get a joint BB&T LEAP Account?
Yes. As a matter of fact, applicants under age 18 must have a parent/adult co-applicant.
Can I get more than one card for my BB&T LEAP Account?
One card is issued for an individually owned BB&T LEAP Account, and up to two cards can be issued for a joint account. Lost or stolen cards can be replaced for a nominal fee.
GETTING STARTED
How do I sign up for a BB&T LEAP Account?
Our LEAP Account application process is quick and easy, and you may sign up online.
Will you pull my credit report?
Yes. We'll review your credit report to help us prevent fraud and identity theft. However, your credit score or lack of credit history will not prevent you from opening a BB&T LEAP Account.
Do I need to have a checking account?
No, neither a checking account nor a previous relationship with BB&T (or any other financial institution) is required.
How do I set up direct deposit?
After you apply for the BB&T LEAP Account, print out the Direct Deposit form. (We'll even pre-fill most of the form for you.) Then, complete, sign, and deliver it to your company/employer's payroll department.
You'll need Adobe Acrobat Reader to view and print your Direct Deposit form. If you don't currently have Acrobat Reader installed, you may download it for free at your convenience.
You'll need Adobe Acrobat Reader to view and print your Direct Deposit form. If you don't currently have Acrobat Reader installed, you may download it for free at your convenience.
Can I have my government benefits deposited to the account?
Yes, your Social Security, SSI, VA Compensation and Pension, or other federal benefit payments can be deposited directly into your BB&T MoneyAccount. Once your MoneyAccount has been opened, visit Go Direct® to have your federal benefits deposited directly.
How can I find a BB&T Financial Center?
Our online locator allows you to quickly find your nearest BB&T financial center.
LOADING FUNDS
What is a "prepaid" card? Is that different from a "reloadable" card?
A prepaid debit card allows you to spend only the amount of money in your account. Certain prepaid cards, such as gift cards, cannot be used after the prepaid money has been spent. A reloadable card, such as the BB&T MoneyAccount card, is a debit card that allows you to spend only the amount of money in your account but also add (reload) money whenever you need to, so that you can continue using the same card.
How can I load funds to my BB&T LEAP Account?
Adding money to your BB&T LEAP Account is easy. You can set up direct deposit, add funds at any BB&T financial center, transfer money from other BB&T accounts, or visit any merchant participating in the Visa ReadyLink reload network.
What is Visa ReadyLink? How can I find a Visa ReadyLink location?
Visa ReadyLink offers a fast and easy way to load money into your BB&T LEAP Account. Visit Visa ReadyLink to find the nearest of more than 50,000 locations.
USING YOUR BB&T LEAP ACCOUNT CARD
Where can I use my BB&T LEAP Account card?
Your LEAP Account card can be used wherever Visa debit cards are accepted. You can make purchases or payments in stores, online, or by phone, with a $1,500 daily point of sale spending limit (including cash advances).
Can I use the account to pay bills?
Yes, you can use the BB&T LEAP Account to pay bills in person, over the phone, or with BB&T OnLine Bill Payment.
Can I use the card to shop online?
Yes, your BB&T LEAP Account card can be used for online purchases, wherever Visa debit cards are accepted.
Can I withdraw funds from any ATM?
You can withdraw funds from any ATM that displays the Visa or Plus logo, up to your $1,500 daily ATM withdrawal limit. If you use one of 2,400 ATMs within the BB&T network, there are no transaction or service fees.
If you would like to withdraw funds from an ATM outside of the BB&T network, you may incur fees.
Can I get cash back?
Yes, you can get cash back at many participating merchant locations, such as grocery stores and drug stores.
What should I know about transactions made at gas stations, hotels, restuarants and car-rental agencies?
Transactions where the final purchase amount is not known at the time you present your card are processed differently than most other purchases. These special transactions may be handled differently by different merchants. If you are unsure of a merchant's policy, it’s best to ask before presenting your card.
- Gas stations will accept the BB&T MoneyAccount card to prepay for fuel inside the station, but "pay at the pump" transactions are not allowed.
- Restaurants, Hotels, Car rental agencies may authorize more than final purchase amount.
CHECKING YOUR BALANCE
What's the best way to monitor my BB&T LEAP Account?
Sign up for BB&T OnLine, our free, easy-to-use online banking service. You can also get balance information by calling 877-762-9931.
What are account alerts?
BB&T Alerts are messages from BB&T that you can get by email or through your mobile device. You can set up alerts to keep tabs on your account or to notify you when important account activities occur.1
What is BB&T OnLine?
BB&T OnLine is a safe and convenient Internet banking service. You can bank online from anywhere you have Internet access, including your mobile phone. Use BB&T OnLine to check balances, transfer funds, pay bills, and set up alerts.1
What is mobile banking?
BB&T Mobile is a way for you to bank anytime, anywhere, from your mobile device. BB&T offers three convenient mobile banking options: Mobile App, Mobile Web, and Mobile Text.1
Can I accidentally spend more than the balance on my card?
No. The BB&T LEAP Account is designed to allow you to spend only the amount you've deposited.
Can my card ever have a negative balance?
It's possible that a Visa merchant may put an item through without prior authorization. For example, a restaurant may automatically add an 18% gratuity to your bill's total, and BB&T would be obligated to pay for such an item. If the amount of the transaction exceeds the amount in your account, this may result in a negative balance.
In the unlikely event of such a situation, the amount of the negative balance will automatically be deducted from the next deposit that is made to your BB&T LEAP Account, and you would not be charged an overdraft fee.
SECURITY
What if my BB&T LEAP Account card is lost or stolen?
If your LEAP Account card gets lost or stolen—or if the account number is misused by someone else—you will be reimbursed for 100 percent of any unauthorized transactions.
Your LEAP Account card comes with 24-hour support. If your card is lost or stolen, call 877-762-9931 immediately.
Your LEAP Account card comes with 24-hour support. If your card is lost or stolen, call 877-762-9931 immediately.
Are the funds in my account FDIC insured?
Yes. All BB&T LEAP Account funds are FDIC insured. Learn more about FDIC Insurance coverage and limits.
PRICING
Is it possible to incur overdraft fees with this account?
No. The BB&T LEAP Account has been designed so that you'll never incur overdraft fees.
Are there any fees associated with the BB&T LEAP Account?
Yes, there is a standard $3 monthly maintenance fee. Additional fees, such as those for ATM withdrawals outside of the BB&T network, may apply depending on your activity. See your Fee Schedule for full details.
What is a foreign ATM fee?
A foreign ATM fee (also known as a foreign transaction fee) is a fee charged to a cardholder for using an ATM outside of a bank's network. You can avoid this fee by using one of the more than 2,400 BB&T ATMs located across 12 states and Washington, D.C.
Open an Account
Get Assistance
By Phone
Call us at 800-BANK-BBT (800-226-5228).
1 Fees from your mobile or data carrier may apply.
2 ATM owners outside of the BB&T network may also charge a separate usage fee.
See your BB&T LEAP Account Terms and Conditions.
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