One of the many prepaid debit card companies out there is www.AccountNow.com. From initial glance at the site, it seems pretty easy to navigate and very informative about what they?re offering. They claim to have a 100% approval and they don?t require credit checks.
From what I can tell AccountNow?s prepaid debit card has all the great things your typical bank account offers. Any money you deposit into your AccountNow account is insured with FDIC. Your account balance and transactions are available for you to review anytime online. You also have the ability to add people to your account and dispute any charges you need to. Just like a debit card from any major bank, AccountNow?s prepaid debit is accepted anywhere debit Visa and MasterCard are accepted.
Their fees seem pretty reasonable overall. They have a $9.95 monthly service charge, which is the same as their activation fee. AccountNow will credit the activation fee back to your account if you set up direct deposit. They don?t charge you a fee to reload your card with cash; however, the store you reload your card at will charge you a small fee, which varies from location. There are some smaller fees, such as a fee to withdraw from an ATM, which are all clearly listed on their website.
One of the unique ways AccountNow offers to help you build your credit is through their iAdvance Line of Credit. iAdvance Line of Credit is only offered to those who have direct deposit set up. They will loan you up to $600 based on your average direct deposit amount. And with them you don?t have to worry about making timely payments on this loan because they?ll take the payments out of your upcoming direct deposits. Then from there they report the payments monthly to all three major credit bureaus.
AccountNow also has a refer-a-friend program to help you earn extra cash and a $25 credit if you sign up for direct deposit shortly after opening your account.
After reading over the site and what AccountNow offers, I believe to get the best out of their prepaid debit card you need to sign up for direct deposit. Even if you don?t sign up for direct deposit, you?d probably still get a great service. Overall, it seems like a good card to help you manage your finances and get a start on improving your credit score.
How To Improve Your Credit Score With a Pre-Paid Debit Card
To some it seems impossible to improve you bad credit score, when no one will even give you any credit! All hope is not lost, a great start to improving your score is to obtain a prepaid debit card. With prepaid debit cards you can slowly start improving your credit score.
1. Know what you are applying for. There are several prepaid debit cards on the market to choose from. Deciding which one is best for you can be a bit of a challenge. Luckily, there are sites like www.prepaid101.com to help you compare the different cards that are available. Don’t be afraid to shop around, there is one out there that will meet all your needs. An important thing to look for while shopping around is the fees associated with a prepaid card. A prepaid card that has too many fees will not help you manage your money if all of it is going towards fees.
2. Find a card that will actually help your credit. Not all prepaid cards offer services that help your credit. Different companies have different programs, e.g. ?Credit Builder,? that can help improve your credit score. Find one that will benefit you the most without charging you too much.
3. Manage your spending easily. Many of the prepaid cards offer online statements that will allow you to see all your transactions associated with that account. People with poor credit sometimes are unable to open a checking account and are left with carrying cash around. Prepaid cards are a great alternative to those. With prepaid cards are you still able to keep track of what you?re spending your money on and in turn help you budget more wisely to get your debt in check.
4. You only spend what you have. Unlike credit and debit cards , prepaid debit cards do not let you overdraw. Therefore you cannot accumulate more debt then you already have. With prepaid cards, if you do not have sufficient funds for a transaction it will be denied. And you will not have costly overdraft fees putting you more in debt.
A Real Customer Review
The accountnow visa card is a really great product. I should know I have one. That is the reason that I can give an un-bias review of the account.An accountnow account is great if you are trying to rebuild your credit situation. They offer many programs that allow you to one worry less and two, repair your credit. They have things like online bill pay, where they take money out of your account when it is time and pay your bills. This is great so you do not have to worry about getting your bills paid on time every time. Accountnow handles that for you, it is a great service they offer their customers. This will help with the repayment of late bills as well. You post the bills you want to pay off and account now does the rest for you. They also let you try and build your credit in the form of loans. This is good for two reasons, one you can obviously have a loan in times of need and two accountnow reports to all the major credit bureaus this is the most important thing I think.
In this day and time bad credit is like a sky high wall. There is really nothing you can do you are just stuck behind it. No matter what you try and do or how good a person you are all that will be seen is that wall. So accountnow has came up with a way to better their customers even more, they give you the loan in the form of a line of credit then they just debit the money from your paycheck. You must have direct deposit set up to be eligible for the loan in the first place. In this way accountnow really goes out of their way to help the customers. They also give incentives for helping yourself. They have a promotion of twenty five dollars for setting up direct deposit. This helps accountnow in no way, they gain nothing from you setting up direct deposit but you don?t have to pay the cost of getting your checks cashed. It is not just for pay checks either; they offer it on a few different kinds of checks.
This is a great card for people will less than perfect credit; it has one hundred percent approval, with no back ground checks or credit checks. It gives the ability to do things like shop online, pay bills online, and have the security that comes along with have you money in an account. If you just keep cash and you lose your wallet, then there is all your money. If you have an accountnow visa card and you lose your wallet your money is still safe, you just get a new card. Accountnow is a great product that offers great services. In my opinion accountnow is a good product for a lot of people in today?s economy. I am really impressed with the services that I receive from accountnow. They are helpful caring people. I don?t know this as a fact but it is like their company came together to help others, they do just that too.
Accountnow has a great easy to work with website that allows you to handle most things like adding money, paying bills, and other general account details. They also have a super helpful customer service phone line. There you can do all of the same things as online, it?s just over there phone you can talk to one of the helpful customer service representatives. They have always tried to help me out to the best of their abilities. The customer service representatives are always helpful and polite. They in my opinion have a better customer service line then some of my credit cards.
All in all I think the accountnow visa card is a really good product. If you need to rebuild your credit or just want a checking account and regular banks won?t accept you accountnow is for you. If you are on the fence about this one I can?t speak for everyone, or say that your opinion or results will be the same as mine, but I say it is worth a try you got nothing to lose.
Apply for the AccountNow Vantage Prepaid MasterCard Card
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