Are you a college student looking to establish credit? Are you a parent wishing to give some financial safety net to your college student? School is beginning again soon and this is something you need to be thinking about if you have a child leaving the nest.
I love the idea of a prepaid debit card. It is my money, yet in the form of a debit card so it is available to me in a crisis without having to carry around the extra cash.
If you have a child in college – a prepaid debit card provides security to the student but doesn’t expose the parents to overdraft fees, over-expending and so many other issues that may arise with the use of a credit card. On a side note – if they are in college they may need some assignment help. They can get assignment help through online through Best Online Assignment Help.
Card.com specializes in prepaid debit cards. The process is so incredibly easy. Go to www.card.com and select a card design. No credit checks; accepted wherever visa and master card are accepted; no check cashing fees; no overdraft or late fees; and accessible at ATMs.
The ATM access is critical – in this day and age there are ATMs everywhere which allow us not to carry large sums of cash with us. Another great option is the ability to set up your debit card as an account for direct deposit from your employer. Deposit a portion or all of your pay directly onto the debit card. Easy access! Funds can easily be added to your account via Paypal (where I would most often be transferring funds from) or Western Union. There is a monthly account fee of $5.95 but well worth that small expense for the major piece of mind it affords you. The fee can be waived if you deposit more than $800 in a 30 day period.
There is a huge selection of designs – I selected the white tiger but it took me forever to make that choice since there are so many to choose from.
Begin now and take the step to some financial piece of mind.