Prepaid Debit Cards Offer Huge Advantages Over Checking Accounts

Are checking accounts about to become obsolete? They may well be.  A new financial innovation from a company called AccountNow effectively eliminates the need to keep a checking account.

This is great news not just for those who are unable to open a checking account, but also for people looking for convenience and savings.

The solution is called a prepaid debit card and it not only gives you most everything a checking account provides, but so much more.

Prepaid Visa and Prepaid MasterCards from AccountNow work just like a checking account. You can easily make deposits into your account, including direct deposits of your paycheck.   And deposits are FDIC insured, just as with an old-fashioned bank account. The Prepaid Cards you get from AccountNow allow you to shop & pay bills online, make hotel & car rental reservations, and purchase goods & services wherever Visa or MasterCard is accepted.  They can also be used to withdraw cash at virtually any ATM or bank.

Take Control of Your Spending:

What’s most exciting about using Prepaid cards rather than a checking account is that it allows you to immediately take control of your finances and never have to worry about overdrafts or bounced checks.  So many of us have gotten into trouble taking on more credit and debt that we can handle.  AccountNow Prepaid cards are the perfect way to let us live within our means on a daily basis.  They also mean no more finance charges, late charges, or overdraft fees potentially saving you hundreds of dollars a year.

Best of all, anyone can get approved, even if you have had poor credit or banking problems in the past. 

Build Your Credit History:

AccountNow Prepaid Visa and Prepaid MasterCard cards also help you build your credit history in two ways. First, use the system to pay your bills online for free which will save you time, money, and demonstrate your credit worthiness. Second, the company offers an iAdvance Line of Credit, a way to get access to cash from your pay checks even before you deposit them.  This is alike a short term loan that is automatically paid back when you deposit your paycheck, but it’s cheaper than a payday loan.   Because you are constantly paying back the loan, AccountNow will report your payment history to the major credit bureaus, building your positive credit history.

Safer than cash:

Lastly, carrying an AccountNow Prepaid Visa or Prepaid MasterCard card is safer than cash. You are fully protected from unauthorized charges made to your prepaid card account in case your card is lost or stolen.

If you’re looking for financial freedom, check out Prepaid Visa and Prepaid MasterCard’s from AccountNow today, click here