Known as the MyAccountCard title loans near me now Visa(roentgen) prepaid credit card, the card might be released by Bonneville Bank performing within its capability as a Treasury-designated economic representative
MONROVIA, Calif., Jan 13, 2011 (BUSINESS WIRE) — eco-friendly Dot (NYSE: GDOT), a number one prepaid financial solutions providers, today revealed it will act as program manager for a U.S. Department associated with Treasury pilot regimen whereby Us americans can receive their particular federal tax refunds via direct deposit to a prepaid debit card. Green Dot was actually picked by Bonneville Bank to provide system supervisor providers and also the Green Dot circle may also serve as the unique reload circle your prepaid debit cards.
The MyAccountCard Visa(R) Prepaid Card supplies Us americans who do n’t have a traditional bank-account a secure, convenient and affordable substitute for get their own taxation reimbursement. In addition to that, the credit enables you to get earnings by drive deposit, obtain earnings, buy things and pay bills online.
“We believe that Americans need to have usage of safe, low-priced, FDIC-insured banking goods to look at their own day-to-day transactional requirements. S. Treasury to simply help most People in america go into the monetary main-stream using their very own prepaid debit cards account and steer clear of the cost therefore the opportunity tangled up in or else waiting for and cashing a tax refund check,” said Steve Streit, Chairman and CEO, Green mark enterprise. In March, 2010, Green mark entered into a definitive contract buying Bonneville Bank, subject to regulating acceptance.
Start the day of January 18, 600,000 characters is going to be shipped across the country to reduced- and moderate-income people, that apt to be unbanked, pleasing them to has their own 2010 national taxation refund drive deposited to a MyAccountCard prepaid debit cards. The MyAccountCard is actually a reloadable, prepaid Visa(R) debit card that is acknowledged at storage, on the internet and every where Visa debit is recognized. The card may also be used to make on a daily basis monetary deals. The notes showcase online expenses pay, no-cost ATM finances distributions at almost 15,000 ATMs all over the country, free cash return at participating retail stores and free of charge customer support. Furthermore, like all Green Dot products, you can find never ever any penalty charge or overdraft charges of any kind. MyAccountCard debit notes could be laden up with arises from payroll or national drive deposit might feel reloaded with finances in excess of 50,000 retail stores all over the country via the Green Dot Network.
Besides the prepaid debit card plan putting some income tax refund processes more cost-effective, the program is designed to render modest and low income Us citizens the opportunity to utilize an FDIC-insured reloadable prepaid debit credit as a secure convenient and cost-effective software to handle their unique daily monetary needs. More information on the MyAccountCard are found at .
The MyAccountCard Visa(R) prepaid credit card can be used for each and every day monetary deals, eg receiving wages by direct deposit, withdrawing cash, producing shopping, spending costs and
Green mark try a leading prepaid financial providers team offering easy, inexpensive and convenient revenue administration ways to a diverse base of U.S. buyers. Green mark furthermore is the owner of and works the Green mark community, the nation’s trusted prepaid card reload circle. Green mark goods are available on the net at greendot at roughly 50,000 shops, including Walmart, Walgreens, CVS, Rite help, 7-Eleven, Kroger, Kmart, Meijer, and Radio Shack. Green Dot try headquartered when you look at the higher Los Angeles room. For much more facts, explore greendot.
Bonneville Bank, a subsidiary of Bonneville Bancorp, is found in Provo UT, and contains become helping the Utah valley neighborhood since 1978. In February, 2010, Green Dot registered into a definitive arrangement to purchase Bonneville Bank, subject to regulatory affirmation.