Account Now - Prepaid Visa Review
The AccountNow Visa is a prepaid credit card. You deposit funds into your account/card and then use your card to pay bills, make purchases and withdraw cash.
The card offers guaranteed approval regardless of your credit history. You will be approved even if you have been placed into chex systems or have bad or no credit.
This card works like a checking account. You can use your card to make purchases and you can also write physical checks from your account.
This is done through a free service called Bill Pay. The way it works is you go online and fill in the details of the individual or company you want to pay. Details are address and name of company. Then you choose how much money to pay them and presto a physical paper check is written and mailed to that company.
This is a great method to pay your bills. The first seven checks of every month are free and then it is $1.00 per check after that. You card can also be used to make purchases or pay bills over the phone and online.
Bill Pay works in unison with Credit Builder another free service. Credit Builder will keep track of all the bills you pay using bill pay and reports those payments to a credit reporting agency. This way you can prove your credit worthiness to future lenders.
You can put money on your card by enrolling in direct deposit. To enroll you only need to fill out a form and turn that into your employer. Then your paychecks will automatically be deposited on your card. With direct deposit you will receive free activation for your card.
You can also place money on your account by making a deposit through money gram and western union. A deposit using western union is free if the amount is over $300, with money gram you will be charged $3 and some change per deposit.
Another way to deposit money is through a green dot money pack. You must visit a green dot retailer (wal-mart, walgreens, kroger, cvs) and purchase a green dot money pack. Then you call 1-800-GreenDot and enter your accountnow card number and your card will be reloaded with those funds.
Another method to load money on to your account now visa is through a ready link store, locations include safeways, and 7-Elevens. You tell the cashier you want to load money on your card, then she will run your card through the register and take your deposit and then your visa has money to spend.
You will receive monthly online account statements and if you choose you can have a paper statement sent to your home also. The Account Now Visa has zero liability. This means if you card is stolen or used to make unauthorized purchases you will not be held liable.
In sum the account now visa is the best prepaid credit card available. It works just like a checking account and you get free bill pay, free credit builder and free activation.
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