Wednesday, October 29, 2008

Account Now Prepaid Visa - Review

By Dan Moskel

The Account Now Visa is a prepaid debit card. You deposit money and then use your card to make purchases, pay bills or 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 prepaid debit card works just like a checking account. You can write physical checks from your account and use your card to make purchases.

You can write checks through a free service for every account now visa card holder called bill pay. You simply go online and fill in the details of a company or person you want to write a check to. Details are address, name and how much. Then a real physical check is then mailed to that business or person.

This is great way to pay bills. The first seven checks you write every month are free. You also can use your card to pay bills and make purchases online or over the phone.

Bill Pay works together with another free service called credit builder. This is a service to help you prove credit worthiness to future lenders. The way it works is when you pay a bill using bill pay, credit builder will keep a record of that payment with a credit reporting service this is a chance to build positive payment history.

Money can be deposited on your card through direct deposit. You fill out a short form and turn that into your employer and then your checks are automatically deposited on your card. If you choose this option when you sign up you will receive free activation.

Another method to put money on your card is through western union or money gram. Using western union a deposit of over $300 requires you to pay no fees, with money gram you will pay a little under $4.00 per deposit.

You can deposit money using a green dot money pack too. To do this you must visit a green dot retailer including walgreens, cvs and wal-mart and purchase a money pack for $4.95. Then you call 800-GreenDot and enter your account now card number and presto your card has been loaded with money.

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.

This credit card offers zero liability. This means that if you lose your card, have it stolen, or used to make unauthorized purchase you will not have to pay for these and will receive a refund for those transactions. You also will get monthly online account statements and if you choose you can also receive paper statements.

In sum, we suggest the account now visa over any other prepaid credit card available. This card carries many benefits that are free that other prepaid cards charge for. You get free activation, free bill pay, and free credit builder. - 15224

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