AccountNow - Prepaid Debit MasterCard or Visa

The AccountNow Vantage MasterCard is perfect for anybody that wants to remain debt free or is sick and tired of paying fees for cashing checks.

What you need to know about the AccountNow MasterCard is this is a prepaid debit card that carries the MasterCard of Visa logo. While it can be used as a credit card there is a fundamental difference between a prepaid debit card and a secured credit card.

So that you are fully educated about the difference I am going to explain it to you in simple terms.

A debit card with a Visa or MasterCard logo can be used to shop online or book hotels, cars and flights.

With a debit card you carry no revolving debt, the amount you fund on the card is the amount that is available. So if you want a credit card with a $1000 limit then you would fund a card such as the AccountNow Vantage MasterCard you would add $1000 and that amount would be available to you.

Now if you applied for a secured credit card you would be required to place a security deposit that matched the amount of credit you have available on the card so again if you wanted a $1000 line of credit you would have to place a thousand dollars in a security account and then you would still be required to make payments on the card. Your security deposit would not be able to be used to pay the balance owing on your secured card.

People that apply for prepaid debit cards such as the AccountNow typically want to avoid getting into credit card debt or want to save money on check cashing fees.

Review of the AccountNow Vantage MasterCard - Click Here for more details

Instant Guaranteed Approval* - no credit check, no security deposit

$0 ACTIVATION FEE - when you load your card by direct deposit

Free Direct Deposit - no more check cashing fees

Free Online Bill Pay - no need for expensive money orders

Free Credit Builder† - bill pay transactions are reported to PRBC

No Overdraft Fees - no minimum balance required

Reloadable - $10,000 balance limit