Prepaid debit cards have reduced so many hassle to cashing a cheque like traditional bank accounts. Now we depend on these cards so that we don’t have to carry cheque book, stand in the queue of the bank and draw money after waiting for long time. These prepaid debit cards have same features like checking account such as online bill pay, mobile check deposit, and direct deposit.
This type of transaction is being accomplished with lower fees that you may avail. The best prepaid card for 2019 is Netspend which comes with great features and perks.
What is Netspend?
Netspend is a prepaid debit card with direct deposit which can give all facilities from government in this card. You get paid up to two days faster with direct deposit and quickly get an alarm when money is available.
Features of Netspend: The features of Netspend are really awesome because you have the way to load money in your account by using mobile check deposit, also reload at over 1,30,000 locations. In some times, you may need money on your Nepsend card. You may receive money from your friends and family who have Netspend cards.
This card is also managed by mobile app to make sure it is easy and convenient to use. For this you download this app to manage your account in your hand. There is cash back to your Netspend card on purchases and get also bonus to your balance when a friend is signing up for a Netspend card with your reference.
Every person has different deposit process according to solvency or liquidity. You may also deposit plan that may benefit you with Netspend debit card. The Pay-As-You-Go is the default plan which is free from fee. In this plan, you are not being charged with fees. But you have to pay $1 for each transaction in the signature and $2 for each PIN transaction.
There is premier Fee advantage plan which adds value in your cards. It means when you have a direct deposit of more than $500, you have to pay $5 per month and every transactions are also included in this plan.
When you have a prepaid debit card, you are also a little bit afraid of losing your card with PIN number. Luckily this Netspend Prepaid card has a special safety feature. You may create a temporary card number hiding your real card number and can continue online transaction more safely. Your real card number is hidden to protect data breach or online hack. In this way your fund is more protected from any fraudulent purchase.
How can you sign up for Netspend card?
Netspend debit card has a lot of features that may make you decide to have one for your life. This is one of the leading financial company that is being used by millions of people. Their services like Visa and prepaid card with attractive features have already reached to the people.
Bad credit or poor credit level may be headache for some people and this problem is number one limitation to open any card account. This one thing that can benefit general people is there is no credit check when people are opening an account of Netspend debit card. Some financial institute check the level of credit and don’t allow a card due to poor credit score. In those cases account open is impossible.
On the other hand, some card provider company may want you to keep balance as minimum to make sure instant and fast transaction as business policy. But here with Netspend card, you don’t have to keep any minimum balance. In addition to this, Netspend is not going to charge you as activation fee. This is really a good feature of Netspend.
It is not hard to get a Netspend Card
However, Netspend has their official website where you have to fill an online form to order Netspend card. Information asked by Nestspend should be accurate and authentic. Your name, street address, ZIP code and other information that they might seek from you.
As part of accuracy and security, Netspend collect information in accordance with the USA PATRIOT ACT which is a federal law. Aim of collecting information from this place is to verify and record information obtained from each person who are going to open a car account.
How do I Enroll in free direct deposit?
Nespend always believe in better service for client satisfaction. They want to make sure your enrolling in direct deposit with no trouble. It is not an issue on how you reload your account.
You are getting paycheck from your employers and partial amount you want to deposit in this card. You just need to provide your employers routing number and your card account number.
2. Government Benefits Checks
Government benefit checks like Social security, SSI, SSDI or VA compensation can be directly deposited. For you need to check your benefit providers site for enrollment procedure. Existing cardholders can log in to the online account center.
3. Tax Refunds
This Netspend debit card may be deposited faster than your mail. Federal or state tax refunds can be swiftly in this account. You just need to have them electronically deposited in to your Netpsend Card Account.
How to Add Money to Someone Else’s Netspend Card?
In the age of online electronic banking service, it is easy to send and receive money. This system has reduced a lot of hassle in our life. Netspend debit card is no exception in terms of adding money to own Netspend Card but also sending money to another Netspend card holder is possible. There are some ways on How to Add Money to Someone Else’s Netspend Card. Someone holding Netspend Debit card can transact money in several ways as bellows:
1. Direct Deposit
Adding money to Netspend Card in order to spend in crucial moment is very convenient and one can do it very easily. One can deposit money freely from the source of paycheck, government benefits check to Netspend Debit card.
2. Netspend Reload Network Locations
In the United States of America, Netspend has more than 1, 30,000 locations where someone can add to Netspend Debit card account. Additionally, Reload Centre can be low costing from your pocket when you may search location online and the closet reload center will appear on the screen.
3. Bank Transfer
Now that we have a virtual transaction system where we don’t have to carry money which is risky one in our life. Luckily, one can add money from any online issued U.S bank account. It does not matter whether you have a checking account or Savings account. You can add money from any bank to your Netspend Card Account.
Online earning is most common in this time. PayPal is playing a significant role in resolving online money transaction. More importantly, Netspend Debit Card can receive a transaction of money from PayPal Account. So PayPal user’s best platform to add money to personal account is surely for Netspend card users.
How to Add Money to Someone Else’s Netspend Card? It is big benefit for the all Netspend card user when the number of Netspend card user is many more in Netspend network. Any user of this card can send or deposit money to other card account. It takes a little time. You just log on to your Netspend account and few clicks are going to help you transfer money between Netspend Card Account to many holders.
How to Load Check on Netspend Card
Cashing Checks is really a troublesome for those who mind to stand in the line and wait for long time. Luckily it is easy and convenient to load checks to your Netspend account at any moment. While your card is funded with money, the balance is yours to spend for your need. For you may follow some guidelines below:
- Download the latest version of Netspend Mobile App
- Select Mobile Check Load from the Move Money menu to the left
- Follow the on-Screen instruction
When you have downloaded the app and opened, you will be directed by few quarries and you should go on according to the direction of this app. Part of this guideline, you have to take a perfect photo of the check and upload through the app. You may also be asked to submit some information like check number. In a minute, money will be available on Netspend Card.
Limit of spending
It is most common issue on how much one can spend money from Netspend card. Netspend always tries to comply with federal regulations where there are limits on how much money can be loaded, withdrawn and spend by the cardholder. So there are three types of transaction and they are-
Purchase Transaction: The purchase transaction has a limit of $4.999.99 for every 24 hours. This amount might be enough to spend for purchase purposes if it is not about a big business transaction.
Over-the-Counter Cash Withdrawals: Like banking withdrawal, there is also a limit here. You may withdraw cash $4,999.99 every 24 hours.
ATM Cash Withdrawals: the limit of cash withdraw from ATM machine is $325 per withdrawal and $940 per day which is up to 6 per 24 hours.
Your Money to Spend According to Your Needs
When you have a Netspend debit card, you don’t have to be worried in spending money in some areas. You may contribute to finance for your family members when they need money badly. This is one of the big services provided by the Netspend Company.
Shopping online is much more convenient now. It is possible to pay for shopping purposes. More importantly, you may also pay different kinds of bills with the help of Netspend prepaid Debit card instantly to make sure your payment to bills is not going to be late. Additionally, you may also need instant cash and you try to seek ATMs and withdraw cash more easily.
How to Deactivate or Cancel a Netspend Card
Netspend prepaid debit card is obviously reliable and trustworthy tool to use for spending for different purposes. But you may also deactivate or cancel using this card for your personal reason. So you may go some steps which are easy.
Withdraw from an ATM: this is one of the simple way to close your account by withdrawing your funds from an ATM. This may cost you only $2.50. In case of international ATM card, the withdrawal fee might be $4.95. In this way, many ATMs may dispense only $20 denomination that ultimately cause to close your account permanently.
Request a Check: This is a lengthy process to cancel your account with Netspend. Netspend will take 3-4 weeks to process your request to close the account. So you may cost $5.95 to receive the check. You also can call 1-866-387-7363. Another way is simple and just go to log on the online account center.
Direct Calling: Netspend has their official number which is 1-866-387-7363. This number is all solution to your problem. You may call to this number directly to close the account.
Technology has evolved in dramatic way and it is making our life easier and safer than before. Netspend Debit card has reached 20 years of milestone and about 10 millions of people are getting benefits by using this card. In our day to day life, this card has been an important part related to spending money for our different purposes. Unlike many other debit or credit card providing company, Netspend is easy to open an account and also more convenient to use for our monetary decision. So this card may be dependable and worth adding value to our life.