The Green Dot card is a popular reloadable prepaid debit card. This card is issued as both a prepaid Visa and MasterCard and it will be provided through the Synovous bank.
It has been created for individuals without a checking account or that have a damaged credit history. There is no credit check for approval. This card will provide you with a great alternative to a checking account.
It gives you free direct deposit which will enable you to have faster access to your money than if you went had to pick up your check, and then had to go and cash it, and potentially take check-cashing fee. You can use this service to deposit your paychecks, unemployment checks, Social Security checks, and pension checks.
This can help avoid paying expensive check-cashing fees, and the inconvenience of waiting in line at a bank. These check cashing fees typically range between $3 and $5, and over the course of a year can really start to add up.
You can also sign up for free text and e-mail alerts about your account activity for no additional charge. This will make staying on a budget a much easier goal. In today’s ever even involving economy, we are increasingly turning to the use of plastic and away from cash.
In other words, it is almost essential to be a fully functioning member of our economy for you to have a major Visa or MasterCard debit card. Without one of these cards in your pocket you will be unable to: rent a car, reserve a hotel room, or book airfare.
Your Green Dot prepaid debit card is not only FDIC insured up to $250,000, but you also be protected under a $0 liability policy. This liability policy will ensure that if your card is ever lost or stolen that your money will still be protected. You’ll have 24-7 access to your online account and of course customer service.
You will choose if you want your card as a reloadable Visa or MasterCard during the application process. One of the best benefits to having this card is they will provide you free ATM access at over 18,000 ATMs located all over this nation. We have yet to see another Visa card for bad credit that provides this to you.
Instead many cards will charge you a $2 fee plus you will have to pay the bank another $2-$3 for using their ATM. However with the Green Dot card you will get this for free at all participating locations. By the way you can always request cash back at the grocery store or gas station and not be charged any fees.
You will not need a bank account to be approved and if you have been placed in ChexSystems and are unable to get a checking account you will still be approved. This has been created to give you a second chance with plastic. It will provide you with the purchasing power to fully participate in our economy.
And the security of knowing that your money is safe in case your card is lost or it is used without authorization. Stop living with the expense of paying check-cashing fees and having to purchase money orders. These fees are avoidable and unnecessary.
Instead apply for the Green Dot Visa or MasterCard and you’ll be able to take advantage of free direct deposit and the power of major Visa or MasterCard. There is no credit check and to apply online for one of the best reloadable debit card offers on the market simply visit https://www.greendot.com/.
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