The PayPower prepaid card is issued as a major Visa debit card. This prepaid Visa debit card was created to provide you with an alternative to credit cards and checking accounts.
There is no credit check required for approval. You only need to provide your name, address, date of birth, Social Security Number, and the primary account holder must be at least 18 years old.
The PayPower prepaid card is accepted online and over the phone. You can also use this to pay your bills and have payments sent in your name, just like a checking account. This is a free bill payment system you can use in addition to paying your bills with your actual prepaid Visa.
You can schedule future, and recurring payments. This can help avoid writing checks and buying money orders. The only drawback to the PayPower prepaid card is that it’s not a credit card for rebuilding credit. It will not report any of your account information to the three major credit bureaus.
PayPower Prepaid Card Fees
There is no overdraft fees or minimum balance required on your PayPower card. Because this is a Visa reloadable prepaid card, you can only spend the money you have already loaded or deposited on your card. In other words, you can not go into debt.
There is a monthly maintenance fee of $5.95 per month. And you may have to pay a purchase fee to get the PayPower prepaid Visa, if you choose to purchase the card at a retail store instead of applying online.
How The PayPower Prepaid Card Works
1. Get your PayPower prepaid card
You can either buy a PayPower prepaid Visa card at retail location like your local grocery store or gas station. If you get your card this way, you will be required to pay up to $3.95.
If instead you apply online you pay $0. You can apply at http://www.paypower.com. Your card will arrive in the mail in about 7-10 business days.
2. Activate your card
Currently to activate your PayPower prepaid card you can go online or according to their website you can call 1-888-633-9432.
3. Add money to your PayPower prepaid account
You can use direct deposit without any fees to load your card. This will give you faster access to your money. And right now PayPower is giving you a $20 bonus when you use direct deposit and make a minimum of two, $100 direct deposits. That’s it.
Now you can use your PayPower prepaid debit card for purchases in stores, online, over the phone, and you can even use it internationally. There are no overdraft fees, no interest fees, no late fees. Instead, you pay a low monthly $5.95 maintenance fee.
There are some additional standard ATM fees and miscellaneous usage fees. For example using your card when traveling overseas. We strongly encourage you to review all current details at their website before you apply for the PayPower prepaid card.
The PayPower debit card will provide your with safety and security for your money. Your account is FDIC insured and your prepaid debit card is covered under the Visa $0 Liability Policy. This will protect your money in case your card is ever lost or stolen.
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