Image via CrunchBaseSAN RAMON, Calif., June 29 /PRNewswire/ -- In a further expansion of its product offering to the growing underbanked and unbanked population, AccountNow has announced that its new AccountNow Gold Visa Prepaid Card will be issued byWilmington, Delaware-based The Bancorp Bank.
"The new AccountNow Gold Visa Prepaid Card is already proving to be very popular with consumers," says Jim Jones, AccountNow CEO. "The Bancorp will help AccountNow provide even more people with a dynamic, valuable product as well as help our company continue our positive growth trajectory."
The AccountNow Gold Visa Prepaid Card comes with many features and benefits that traditionally have not been available to prepaid cardholders, including:
- Higher daily and monthly limits on all deposits, withdrawals, and purchase transactions (for Direct Deposit Customers)
- VIP customer service
- No monthly service fee for customers who load at least $3,000 on their card in a month
- Free Direct Deposit
- Free Bill Pay
- Free Credit Builder
"The Bancorp is extremely pleased to expand our relationship with AccountNow – which is clearly striking a positive chord with the large and growing number of people who are looking for an alternative to credit cards and traditional bank checking accounts," says Jeremy Kuiper, Managing Director of The Bancorp Bank.
Since the AccountNow Gold Card is a prepaid card, there are no account opening screening services or credit check required*. And, as an added incentive, cardholders receive a $25 account credit** when they set up a recurring direct deposit and make at least two direct deposits of $100 or more.
AccountNow Gold Visa Prepaid Card cardholders have access to the millions of merchants and services where Visa Debit cards are accepted.
Consumers interested in learning more information or signing up for the AccountNow Gold Visa Card can visithttp://goldvisa.accountnow.com.
About AccountNow, Inc.
AccountNow (www.accountnow.com or goldvisa.accountnow.com), headquartered in San Ramon, CA, is a leading provider of financial solutions for the 40 million U.S. consumers who do not have established credit or traditional banking relationships. AccountNow provides consumers an alternative to "traditional" checking accounts and access to financial and payments systems, including Visa prepaid cards, online bill pay, and FDIC-insured deposits.
About The Bancorp Payment Solutions Group
The Bancorp Payment Solutions Group, a division of The Bancorp Bank, a wholly owned subsidiary of The Bancorp, Inc. (Nasdaq: TBBK), offers secure, creative and innovative payment solutions to the prepaid card industry. As a leading issuer ofprepaid cards, The Bancorp Payment Solutions Group develops cutting-edge prepaid card programs that meet the rapidly changing needs of the prepaid industry. Through long-standing relationships with the card networks, leading program managers and processors, The Bancorp Payment Solutions Group designs compliant, innovative and flexible prepaid card programs which deliver outstanding results. For more information about The Bancorp Payment Solutions Group please visitwww.thebancorppsg.com.
* Account approval is contingent upon successfully passing identification confirmation.
**See www.accountnow.com/help for details of the $25 incentive program.
