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Wednesday, February 29, 2012

PayPower Prepaid Visa Card Review

PayPower Visa Prepaid Card Review

Want to have complete control of your money? Then get the PayPower Visa Prepaid Card by MetaBank. It’s a debit card, which gives you control over every single penny of yours. This debit card is very easily available, trough online application or in leading stores. This prepaid card is a debit card that you can easily top up with cash. With this card, you will only be able to spend the amount of money that you have topped up, so you can say goodbye to all those overdraft fees and minimum balance requirements.

PayPower Visa Prepaid Card Features & Fees

This card is ideal for those who make most of their purchases online, since such purchases lack transactions fees. Your deposit via cash is immediately transferred into your card without any filling up of forms. This card is ideal for the daily expenses that you usually need to make. With this card, you no longer have to carry cash everywhere. The card has a limit of $10000. The card can be purchased for $3.95. Just by giving some basic contact information; you can become the owner of the PayPower Visa Prepaid Card. The card has no activation fee, although it has a monthly fee of $5.95.

No Credit Check With The PayPower Visa Prepaid Card

A great feature of the PayPower Visa Prepaid Card is that anyone can obtain this card, as no credit check is needed. This is because no credit risk is involved as you only have access to the amount of money that you have deposited. Therefore, anyone over 18 years old can use the services of the PayPower Visa Prepaid Card. In addition, PayPower can be used at all those stores or websites that accept Visa debit cards. With this debit card, you can pay all your bills. The exact amount of payment will be automatically deducted from your account. In order to monitor your transactions history, you can subscribe for alerts on your mobile phone or e-mail. These alerts will inform you of your current balance and every account activity that has taken place.

Customer Service Review Of The PayPower Visa Prepaid Debit Card

In case you have any queries, you can call the customer representative for guidance. These representatives are always ready to help, regarding any issue about the prepaid card. Moreover, this debit card has no additional charges like other prepaid cards. Therefore services such as customer service, direct deposit, and alerts activation and bill payments are completely cost-free. This particular prepaid card is very simple to use. All the charges stated are in line with the market competition, but this card does have some exceptional features.

FDIC Insurance With The PayPower Debit Card

Moreover, all the funds in the card account are backed by FDIC insurance. Hence, you can safely deposit funds into the account without any fear of losing them. In case you lose your card, all you have to do is report to the issuer and your funds will be protected. The issuer will monitor subsequent activities and monitor any possible fraud.

Customer Ratings Of PayPower Visa

Because of such features, the PayPower card has received a very good rating. Its cardholders have rated its overall features, costs and top-up options very well. According to them, the card’s features have been specially designed to complement the lifestyle of busy people who have to resort to online shopping. Moreover, there are no hidden or additional charges. Every service, with its accompanying fee, is clearly stated. Many other debit cards, very often do not disclose their full charges to the users. In addition, the top-up option is also very simple and convenient.

Drawbacks Of The PayPower Visa Prepaid Debit Card

However, the PayPower card has some drawbacks. This prepaid credit does not offer any credit building nor does it offer additional rewards. With a credit building facility, you can improve your credit score. This credit score is very important when you apply for a loan, as it summarizes your previous credit history. Many debit cards can help in the building up of this credit score, if timely payments are made. However, the PayPower does not. This means that no matter how consistent or timely your card payments are, your credit score will not improve. This card also does not offer much rewards. Therefore, irrespective of the duration or amount of use, the prepaid card is strictly for transactional use.

PayPower Prepaid Debit Card – Conclusion

Therefore, if you are looking for a simple and convenient way to manage your money, get your PayPower Visa Prepaid Card today. If you think that the costs are too high, there are number of ways that you can do to lower them, such as avoiding the use of ATMs to withdraw money, foregoing the use of hard-copy bank statements, being more cautious with your bank transactions and using direct deposit as frequently as you can.

Resource

PayPower Card Website

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