The PEX Visa® Prepaid Card For Business is a prepaid card that is available to businesses. The PEX Card Account is not a bank account, but all funds on deposit are FDIC Insured. The PEX Visa Card is not a credit card which means there is no credit check required to apply for the card. Prepaid cards work similar to a credit or debit card, except that money must be deposited prior to purchasing. Purchases can not be completed if the transaction amount exceeds the value remaining on the card. This card is designed to meet the needs of businesses and allows them to control how cardholders use their cards. This is a way for businesses to use a prepaid card, but still be able to give cards to their employees. You manage where and how much your cardholders receive and spend. There is an administrative website that allows you to pick and choose settings to control spending.
NetSpend® Visa® Prepaid Card Review
NetSpend® Visa® Prepaid Card Summary
The NetSpend®Visa® Prepaid Card is a prepaid debit card that can be used anywhere Visa® debit is accepted. The card allows you to spend the funds you place on the card. This card is not a checking, savings or any other type of bank account, nor is this card connected to any other account you may already have. This card does not charge interest or overdraft fee. With this card you can’t overdraft the account because you can only spend what you deposit onto the card. Since this card is not a line of credit it doesn’t matter what your credit history is. You can have bad credit or no credit at all and you can still apply.
- 100% approval – NO credit check required
- Make purchases anywhere Visa is accepted
- No overdraft fees or minimum balances
- Online Bill Pay – Easily send a check to anyone
- FREE Direct Deposit from your paycheck or government check
Loading Money
You can load funds to your card at anytime and there is no limit on the number of times you can add funds. You have the