Owned by Bancorp, Inc., the Bancorp Bank has become one of the leaders in prepaid credit cards. They opened for business in 2000 with their headquarters situated in Wilmington, DE. They are a FDIC-insured commercial online bank, which is primarily a branchless bank who offers its members a wide assortment of online banking services that can accessed from the comfort of their own home. Services can be accessed a variety of ways including your mobile phone, internet or telephone.

The Bancorp Bank has a wide assortment of prepaid cards to choose from with a variety of distinct benefits. A few of their popular prepaid cards include the Vision Premier Prepaid Visa Card, Wired Plastic Prepaid Visa Card and the American DreamCard Prepaid MasterCard. They will issue prepaid credit cards to anyone regardless of their previous credit history. The standard federally required identification verification is all that is required to obtain one of its several prepaid credit cards. They do give some customers the option of being able to build their credit by using one of their prepaid cards through their bill payment reporting feature.

Bancorp Banks leading edge banking technologies have helped turn prepaid cards into a great alternative to traditional checking accounts. Their prepaid cards carry most of the features of normal credit cards with the advantage of a credit card. Because money is loaded into the cards before they can be used, there is no fear of paying overdraft fees, interest charges and other hidden charges that come with traditional banking and credit cards.