I heard about something like that called BitPlastic but I am not sure if it's real
I don't know about BitPlastic, but cavirtex is definitely real - "debit card for bitcoin"is a great idea!
I'll check it out If it's real that could be awesome
Bitplastic has a few fees involved:
5% conversion fee from Bitcoin to send cash to your card. ATM usage fee is minimal, about $1.50 per transaction. No other fees.
I reckon it'll be easier just to print out a paper wallet or make your own bitcoin debit card with a QR code on or whatever. I'm sure there will be all sorts of services and gizmos for Bitcoin coming out in 2014 to make payment easier.