NetSpend

Overview
NetSpend is a reloadable online debit card which is accepted at any vendor which accepts Visa debit cards. Bypassing the need for a credit check, NetSpend card are an excellent method of payment for those that want to do away with the reliance on cash, and still have the convenience of a credit card. NetSpend is also a great idea as a gift with its Gift Card option, and also provides convenient ways to travel in a cashless state with NetSpend’s travel card.

Reloadable Cards
NetSpend cards are reloadable debit cards that can be used at any place where Visa debit cards are accepted. Consumers can order their cards online or at hundreds of partner locations around the United States. Once the card has been received it is activated online or by calling a toll-free number.

Cards can be loaded with funds through several convenient methods:

Direct deposits
Visiting any reload center spread across the United States such as retail stores, grocery stores and convenience stores.
Credit cards

After funds have been loaded to the card, consumers can use it anywhere that Visa and MasterCard debit cards are accepted. Funds can also be withdrawn from ATMs which support Visa and MasterCard. Consumers are also rewarded with real-time access to their personal financial information on their mobile phone, and can also access statements online.

Gift Cards
NetSpend Gift Cards are available to be purchased online, over the counter in check cashers or at retailers. The Gift Cards hold a pre-determined amount of money and are not reloadable. These cards are a great solution for the “I don’t know what to get them” gift and can be used at any merchant that accepts Visa or MasterCard.

TravelMoney Cards
TravelMoney cards are a combination between the reloadable card and the gift card, because they are sold in retailers and can also be reloaded. The travel card offers the same security and anonymity as the reloadable card, but can only be reloaded a set limit of time, which makes it ideal for travelers.

Payroll Cards
NetSpend cards can be personalized and can in turn facilitate the direct payment of salaries into the employee’s card.

Extra Features:

NetSpend offers its customers the option of saving money in an account which is totally separate from their regular prepaid account, and pays 3% interest rate on savings.
Overdraft facilities are awarded to selected customers who use the general purpose card and who meet certain requirements.
Customers can be updated real-time about their account’s activities with the SMS alert function to their mobile phones.

Conclusion
NetSpend cards provide a wide range of services to the consumer from regular debit cards for online purchases, to gift and travel cards. The convenience of the debit card, which can be used anywhere that Visa and MasterCards are accepted, and the anonymity of a pre-loaded card, provide the perfect combination for payment freedom and independence.