Prepaid Debit Cards

Without a bank account, families pay a premium to use check cashing services, losing their hard-earned income to these high service fee providers. What’s preventing them from joining the financial mainstream? Often lacking financial role models of their own, unbanked individuals can find banks intimidating, may be unable to meet minimum balances, and worry about overdraft fees or fines.

In collaboration with Community Financial Resources, we offer a VISA prepaid debit card to give participants immediate access to funds with no monthly fees. By using direct deposit, paychecks can automatically be loaded onto the debit card, eliminating the need for costly check cashing.

Funds are not only more accessible, but more easily tracked, helping families keep an eye on spending and develop better financial habits.

How it works

Our VISA prepaid debit card can be used wherever VISA is accepted. Unlike a credit card, you are spending your own money instead of borrowing from a bank. Via direct deposit, participants can load the card with their paycheck, benefits such as Social Security, and even tax refunds. That money is immediately available with no fees or waiting in line to cash a check. Using a debit card instead of cash creates an online transaction history to help participants track expenses and keep spending in line.