The benefits of an AccountNow Gold Visa prepaid card include no charge for purchase transactions; no activation fee; and no charge cash deposits, cash withdrawals or check writing, according to the official website. Eligible direct deposits also feature a $15 bonus.
As of 2015, AccountNow Gold Visa prepaid card users can direct deposit their paychecks and tax refunds and add cash at more than 135,000 locations, states the website. Users can send money, pay bills and make purchases at any store that accepts debit MasterCard or Visa cards and obtain cash at ATMs in numerous countries. AccountNow Gold Visa cardholders also earn referral bonuses.
AccountNow guarantees full approval upon verification of a valid ID, notes the website. The company welcomes individuals without credit or those with poor credit history, as it does not perform a credit check with a credit bureau. An AccountNow prepaid card is a good alternative to a checking account because it features similar functions to an online checking account. While it works similarly to a debit card issued by a bank from a conventional checking account, cardholders do not have to pay overdraft fees as they can only spend the money they choose to load. The card also features Visa and MasterCard zero liability policies that protect cardholders from fraudulent use.