Free Gift Cards

Find Information about Free Gift Cards, Prepaid Cards and Visa Gift Cards.

Visa Prepaid Debit Card Free

Debit Bank Cards In Our New Financial Atmosphere

By Jacobey Larstons on January 10, 2012

Prepaid debit cards have emerged as a result of the mortgage collapse, banking crisis, and all the recent economic upheaval. In the early days of the mortgage crisis we saw many bad credit card offers withdrawn by the banks.

In addition Congress passed legislation that capped or put a maximum amount on the fees and interest rate a credit card consumer can pay. With government assitance the banks have recovered and wanted to lend again, however this new legislation has prevented these credit card offers from returning to the market.

An alternative is a prepaid Visa or MasterCard. This will be accepted everywhere you see the corresponding logo displayed and it can be used to: rent a car, stay in a hotel room, make purchases online, use over the phone, and even accepted worldwide.

These cards are designed for individuals that want an easy way to stay on a budget. You are only able to spend money that you have previously deposited or prepaid. In other words you cannot go into debt with this card, and you'll never be charged an overdraft fee.

You will have online account access and customer support. You can use direct deposit for free with most cards and this can save you hundreds of dollars a year on annoying check-cashing fees. This will also provide you faster access to your money.

These cards offer guaranteed approval you do however need to comply with the US Patriot Act. This is a federal law that all financial institutions must comply with and it simply means that you have a Social Security Number and a valid US address.

Your card is going to act just like a checking account because you will also be able to use bill pay. All you do is login online and fill in the necessary information such as: name of business or person you want to pay, amount of payment, and date you want the payment sent. Then a check in your name will be mailed and you will avoid having to go to the store and purchase a money order.

You also will be given free account e-mail and text alerts which will make keeping up with your finances a much easier task. There is no credit check or check systems check to be approved. Your card is going to be FDIC insured and you are going to be covered under a $0 liability policy. This will protect your money in case your card is used fraudulently, lost, or stolen.

This card can save you money on paying check-cashing fees, purchasing money orders, paying overdraft fees, high interest rates... It also will provide you with the purchasing power of a major Visa or MasterCard. There is no credit check and you're guaranteed to be approved.

While there aren't as many options for individuals with damaged credit as there were in the past. This is one option we would encourage you to research further. The prepaid industry has taken off many cards have very competitive monthly fees of $10 or less, or no fees at all. Stop wasting your hard earned money on: check-cashing fees, buying money orders, and overdraft fees.

For more about a bank debit card or a popular offer the prepaid netspend card visit us.

Original article published on SooperArticles.com

Next page: Target Visa Prepaid Card


Bookmark/Share This Page:

ADD TO DEL.ICIO.US ADD TO DIGG ADD TO FURL ADD TO NEWSVINE ADD TO NETSCAPE ADD TO REDDIT ADD TO STUMBLEUPON ADD TO TECHNORATI FAVORITES ADD TO SQUIDOO ADD TO WINDOWS LIVE ADD TO YAHOO MYWEB ADD TO ASK ADD TO GOOGLE ADD TO MAGNOLIA ADD TO NING ADD TO RAWSUGAR ADD TO SPURL ADD TO TAGTOOGA

  Bookmark and Share

Recommended Products