• No loading fees: You can use several options including PayPal, ACH Transfers, Direct deposit and more

• Superior Customer Support: You can access your account information online or through an automated phone system. You also get access to online customer support while one live customer support call is offered free with the Select plan and other4s are charged at just $2.

• No initial deposits: You can get your card without prepayments or deposits which makes this a really affordable and convenient option.

The US Bancorp which owns the Bancorp Bank is a diversified financial services and holding company that also owns the US Bank, which is the fifth largest commercial bank in the United States. Based on deposits alone which are in the tune of $183 B, the bank is the sixth largest financial institution of its kind. US Bancorp made its foray into the online payments and prepaid debit cards sector early one and offer several products in the cat5egory today one of which is the Bancorp Bank READYdebit Visa Prepaid Debit Card. One of the most widely owned cards from the financial institution. Here is a look at some of the features of the card and what puts it firmly in the list of the most well loved cards in America.

While you can choose among several plans while buying the Bancorp Bank READYdebit Visa Prepaid Debit Card, the select plan is among the most popular and convenient options. The card acts like a checking account and can even be used for bank teller cash advance.

It is surprisingly easy to load cash onto the card; you can use the direct deposit method and have your payroll or government benefits checks loaded directly on to the card; its free, fast and extremely convenient, so you can forget all about paying for check encashment. Alternatively, you could also add cash to your card through Green Dot MoneyPaks whioch can be bought at any store including WalMart and also through Visa Ready Link; these methods can be used when you need to quickly load dunds onto your card.

Another option is to transfer money from your checvking or savings account to your ReadyCard. Finally, you also have the option of transferring funds from another ReadyCard that you may hold. The card to cared transfer facility is not only available for cards held by the member but you could essentially transfer money to any Ready Card holder.

There is a one time card issuance fee which stands at $9.95 for all the Ready card plans including Select. Apart from this, you are charged a monthly card maintenance fee which is $9.95 in case of Select plan for Readycard. However, when you pay this fee, you get several free facilities including free wire transfers, no checking cash fees and free customer support. The monthly fee is charged to your account on the day you 0rder your card.
You can also get an add-on card which is a particularly valuable option if you have teenagers at home and would like to give them a card. You can get an add-on card for just $10; in case you choose the platinum plan, the add-on card is offered free of cost. There is no negative balance fee on this card and you are not charged for loading funds even when its done through bank transfers.

Signature transactions and e-checks are free while most other establishments will charge you a one dollar fee for this; the same also holds true for pin transactions that are also offered free of cost. You can use your ReadyCard is shops, restaurants, for bill payment online as well as offline and at any other establishment that accepts Visa Cards. There is a cash back feature in place that lets you earn some money back each time you use your Readycard.
Another option is to withdraw cash through an ATM; however, this will set you back by $2.25 per transaction; apart from this you may also be charged a small fee by the ATM owner. If you want to skip the ATM fees, simply go ahead and charge your card for a few purchases and this way whatever you spend for withdrawing the cash will be taken care of through the rewards points that you earn.

You can use your very own online account just as you would with a bank to check your account statistics; alternatively, you will also be able to access ATM balance inquiries for free with your Readycard when you would have to pay for this facility with most other card issuers.

Online customer service and automated phone support are free for all Select Plan holder; however, you only get one live call free per month while the others are charged at $2 per call. You can also use your Readycard to make purchases in foreign currencies; however, you will need to incur a fee of 2% of the currency conversion cost.
If you lose your ReadyCard or if it is stolen, you can get a replacement for just $10. While you can easily access all your records including spending and fund loading information online; if you need to maintain records and need a hardcopy of your account statement; this can be ordered for $2 each month.

The biggest advantage of owning the Bancorp Bank READYdebit Visa Prepaid Debit Card is that unlike a credit card, it will help you to manage your finances better. Most people are languishing under the burden of mounting credit card debts created through months of extravagance. Because you can only spend as much as you load on the Bancorp Bank READYdebit Visa Prepaid Debit Card; this helps you to keep a check on your spending. Also, unlike a credit card, you will never have to worry about spending more than your card limit or even about the exorbitant interest rates associated with credit cards. However, you still get some of the benefits that come along with credit cards, you will have easy, quick and safe access to your money when you need it and you will be able to improve your credit rating as you use your Bancorp Bank READYdebit Visa Prepaid Debit Card. You can even load the card to meet a specific set of your weekly or monthly expenditures, regulating your budget. The card can be used to pay the babysitter or even the utility companies plus you get access to the companies online money management tools that help you stick to your budget and reduce your dependence on credit.