NetSpend Reviews Compared to the Benefits of an AccountNow Card
NetSpend is one of the leading providers of reloadable prepaid debit cards. They have reloadable Visa and MasterCard cards available. NetSpend also has the branded All Access Visa and MasterCard. NetSpend’s customers range from people who don’t have the credit histories or minimum account balances that banks require, to people who want to avoid all of the confusing fee structures and statements that traditional banks offer. Yet, knowing that the majority of folks out there opt for prepaid cards because they lack the proper credit history for a traditional bank account, NetSpend does not offer a credit builder program like AccountNow does. At AccountNow, we understand the need for the unbanked to build credit which is why we offer a free credit builder program. Our program helps the unbanked
build credit history.
FREE CREDIT BUILDER. Now you can get credit for your online bill pay transactions. Activate your free credit builder and pay your bills online and your payment history is reported to a national credit reporting agency, PRBC. Building your payment history is helpful when applying for housing, credit, insurance, and employment. Best of all, this feature is free and easy, just pay your bills on-time and we will take care of the rest. The NetSpend card does not offer this valuable feature. It’s no wonder most folks pick the AccountNow card over the NetSpend Prepaid Card.
FREE CARD ACTIVATION. Stop spending money to get a prepaid card. With AccountNow, you get a prepaid card without paying for any of the inconvenient activation fees that NetSpend charges. The NetSpend card cost nearly $10 just to set up an account, which doesn’t even include the money you need to put on the card to spend.
FREE INSTANT ONLINE BILL PAY. Pay bills online to anyone, anytime, anywhere! The AccountNow Prepaid Visa Card provides a safe and easy way to
pay bills online instantaneously. Paying bills online in electronic form is much safer and cheaper than sending paper checks through the mail. Using our free online bill pay feature also allows you to avoid the long lines of
check cashing services. Compare our free service with the NetSpend service and you’ll see why so many folks opt for the AccountNow Prepaid Card. NetSpend charges $1 per transaction and does not help you build credit history.
REFER A FRIEND AND EARN MONEY. We know you’ll love your AccountNow Prepaid Card so much that we’ll reward you $20 for every referral that signs up and activates an account. That’s right - $20 just to Refer a Friend! Compare this reward with the NetSpend Prepaid Card which only offers $5.
BORROW MONEY. As an AccountNow account holder, you can borrow money with iAdvance
® Line of Credit from MetaBank and build credit history at the same time. The days of pricey
pay day loans are over! This is a great alternative to payday loans when you need money for unexpected emergencies. This line of credit through your AccountNow Prepaid Card helps you build credit because your repayments are reported to the three major credit bureaus, Experian, Equifax, and TransUnion. Building credit history is so valuable when it comes to applying for any type of loan these days.
iAdvance is much more accessible and easy to find on our site, why dig through pages and pages on the NetSpend site.
PERSONAL FINANCE CENTER. Need finance tips and advice? Visit our free finance center, Money 411, to access online articles, tips, and advice designed specifically to help with
budgeting and regaining control of your finances. Money 411 contains many money related topics, such as
ChexSystems and
online banking. NetSpend does not offer anything comparable to AccountNow’s Money 411.
MORE CASH LOAD LOCATIONS. Compare our 148,000 cash load locations with only 60,000 locations available from NetSpend. We make it really convenient to load your prepaid card. Look forward to never paying overdraft or bounced check fees ever again with the AccountNow Prepaid Visa or MasterCard. That’s because you only spend what money you put on the card.
1 Average monthly card usage is based on 8 PIN transactions, 7 signature transactions, 3 cash withdrawals, 4 online bill pays (2 electronic/ 2 mail), 2 bank-to-card transfers. Comparison chart last updated 04/06/10.