Reloadable Prepaid Debit Card

This card is designed for individuals with bad credit. It gives you guaranteed approval. There is no credit check or chexsystems check. It will be issued as a Visa or MasterCard.

It works just like a real Major Visa or MasterCard. You can use it to: buy groceries, buy gas at the pump, buy airline tickets, reserve a hotel room, pay bills, rent a car … It will be accepted online and over the phone.

It is called reloadable because you have to deposit money on your card before you can make purchases and continue to deposit money, so you can continue to use your card. It is just like a debit card with a bank. And it is created for those without access to a bank.

There is no chexsystems check. And because you can use free direct deposit to load money on your card you can avoid paying check cashing fees. If you are paying just $3 to have your check cashed over the course of a year, getting paid on a bi-weekly or twice a month you are spending $72 every year.

I know that does sound like much but this is $70 every year just to get the money you have worked for! Wouldn’t you rather have a nice out with loved ones or even pay a bill instead? Additionally you are likely having to eat the high cost of purchasing money orders.

Let’s look at this in detail at $1.50 a money order, paying just 5 bills a month you are looking at $90 a year. This year you will pay $162 on check cashing fees and purchasing money orders. And my estimates for both are very conservative, we have seen estimates as high as $377.24 being spent in these fees!

Yes, you guessed it with a reloadable debit card you will be given access to a bill payment center. You can go online and you fill in the business or person you want a check sent to, the amount of the check, the date you want it sent, and your done! On the designated date the business will get a check written in your name, very easy and convenient and with the best card a free benefit.

How Else Can I Reload My Card?

It will vary slightly from card to card, however most use greendot money paks. These can be found in: Kmart, Walmart, Rite-Ait, CVS, Walgreens, Koger, 7-Eleven, and many more locations nationwide. You can also use Visa ReadyLink which can often be found in the same retail locations.

You can also transfer funds from one card to another which is ideal with a financially dependent loved one. You can use paypal and you can directly transfer funds from a bank account.

There is no minimum balance, no overdraft fees, no late payment fees, no over the limit fees, and you will never pay interest charges either. You can also sign up for email and text account alerts and your given online account access. In addition to only being able to spend what you have loaded on your card, it makes managing your budget a breeze.

Stop paying the high cost of not having a bank account and get a reloadable prepaid debit card.