Specifics

• Introductory Rate: No Introductory Rate Available
• Applied Towards: None
• APR (Purchases): n/app The APR for purchases is based on the Prime Rate.
• APR (Cash Advances): n/app There is a minimum APR on cash advances. The APR for cash advances is based on the Prime Rate.
• Finance Configuration: n/app
• Annual Fee: None
• Additional Cardholders: $0
• Grace Period: n/app
• Minimum Credit Limit: n/a
• Maximum Credit Limit: up to $10,000
• Late Payment Fee: n/app
• Over-The-Limit Fee: None
• Cash Advance Fee: $2 U.S. ATM transaction fee (1 free cash withdrawal per month); $4.95 bank teller cash advance and international ATM transaction fee
• Balance Transfer Fee: n/app

Reward Program Details

• Points per Dollar: n/app
• Additional Points: n/app
• Point Details: n/app
• Expiration: n/app (Account inactivity for more than 36 months could result in the forfeiture of some or all of the Cashback Bonus.)
• Yearly Limit: n/app

Review

The AccountNow™ Prepaid Visa® Card, issued by Palm Desert National Bank, is a stored value card designed for those who may have difficulty in obtaining a standard unsecured credit card. Although the card does not require a bank account to be opened, it does require payments in advance, which are then used to offset future purchases made with the card. Advance payments can be funded directly from the cardholder's paycheck and automatically loaded to the card every pay period. The card can also be loaded by wiring money from an established bank account or through Green Dot® Money Pak. It is important to note that there are some fees associated with this card that include an activation fee of $9.95 (waived with direct deposit loads) and a monthly participation fee of $9.95, which amounts to $119.40 annually. There are no additional transaction fees for U.S. purchases. So, in the first year alone, a cardholder can expect to pay a minimum total of $129.35 in fees. It is common for stored value cards to lack benefits; however, this card does offer a free bill pay service (for the first seven transactions each month) and access to a free credit builder service, which reports bill payment information to a national credit reporting agency. Therefore, those who are looking for a stored value card with flexibility to pay in advance for purchases, do not mind paying upfront fees, and would like the opportunity to participate in the credit builder service will find the AccountNow™ Prepaid Visa® Card to be a beneficial option. This card offers cardholders their choice of three unique plans, which differ in terms of the fees and the services offered, so cardholders should review the terms and conditions before applying to see which plan will fit their needs the most (the current card review reflects the plus plan). Last Modified Date: 10/30/2008 12:00:00 AM

Additional Perks

Various Internet account related services.
Access to free credit builder program.
Free bill pay service for the first seven transactions per month.
No liability for unauthorized transactions.
Access to Free Direct Deposit.
See website for additional benefits.
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Important Notations

This card offers cardholders their choice of three unique plans, which differ in terms of the fees and the services that are offered, so cardholders should review the terms and conditions before applying to see which plan will fit their needs the most (the current card review reflects the premium plan). There is no transaction fee for U.S. purchases. **The account set up fee of $9.95 is waived with direct deposit loads. The direct deposit limit plus the cash deposit limit is the maximum deposit amount. $1 fee for ATM balance inquiries. $1 fee for international purchases. No credit checks or turn downs. No employment verifications. Must be at least 18 and a U.S. citizen or permanent resident. See website for complete terms and conditions of card usage and application disclosure.