Tampa-based sub-prime specialist Amscot Financial has introduced the prepaid "Amscot MasterCard" The Amscot Prepaid MasterCard is $9.95 and is available only at Amscot. Customers signing up for the card will be handed an Instant Issue card that will allow immediate access to cash at ATMs, and for merchant PIN transactions.
Where can I use the Amscot MoneyCard?
The Amscot MoneyCard is available Exclusively at any Amscot Branch! Free* direct deposit - get your deposit fast with Early Direct Deposit! *While this feature is available for free, certain other transaction fees and costs, terms and conditions are associated with the use of this Card.
Are Amscot cards FDIC insured?
Every card is FDIC insured and backed by the prestige and power of MasterCard, along with the convenience you’ve come to expect from Amscot. HOW DOES IT WORK?
What are Amscot’s fees?
A: Amscot’s fees are among the lowest in the cash advance industry. We charge a service fee of 10% of the amount advanced, plus a $2.00 verification fee. For example, to receive a $100.00 cash advance, you will write a check for $112.00 for Amscot to hold until your next payday, up to 31 days.
Why choose Amscot Financial?
Get the cash you need today and pay it back over time. No Credit Checks. Amscot Financial, a leading provider of convenient, consumer-oriented financial services, recently awarded mini-grants, totaling $15,000, to service...
How much is an Amscot card?
All feesAmountDetailsCard Purchase Fee$2.95Charged at time of purchase. Fee is not assessed to the card.Monthly UsageMonthly Fee$5.95Add Money25 more rows
Does Amscot have debit cards?
The Amscot MoneyCard is available Exclusively at any Amscot Branch! Free* direct deposit - get your deposit fast with Early Direct Deposit!
Can you purchase prepaid debit cards?
You can buy a prepaid debit card from a retailer, bank, credit card company or other financial services provider. When you purchase one, your card funds are usually part of an account held by a bank or credit union.
Where can I go to put money on a prepaid card?
Ways to Load Cash to a Prepaid CardGreen Dot's MoneyPak. The Green Dot MoneyPak is the most widely accepted method of loading cash on prepaid cards. ... Netspend Reload Network. ... MoneyGram. ... Green Dot Reload @ the Register. ... Vanilla Reload. ... Visa ReadyLink. ... WU® Reload+ ... Reloadit.More items...•
Does Amscot load netspend cards?
Add money to your Card Account at Amscot or at more than 130,000 Netspend Reload Locations.
How do I know if my debit card is prepaid?
Look for the word "Debit" on the hologram above the logo. If this card is a prepaid credit card associated with a deposit account, then the word Debit will appear over the hologram.
How do you put money on a prepaid card?
You may be able to:Arrange for a paycheck or other regular payment to be directly deposited onto the card.Transfer money from a checking account or another prepaid card.Buy a “reload pack” to add a certain amount to your card.Add funds at certain retail locations or at the financial institution that provides the card.
How much money can you put on a prepaid Visa card?
Most Visa prepaid card options will allow you to load up to $15,000 into the card account. If you're accessing a reloadable prepaid card, you can continue to add money to your account when you spend some of your current balance. In either scenario, though, you cannot surpass the $15,000 account balance limit.
Which prepaid cards have no fees?
The NetSpend Visa Prepaid Card is one of the best no-fee prepaid cards. With this card, you will not have to worry about overdraft fees, activation fees, credit checks, or minimum balances.
How long does it take for a prepaid card to activate?
Activating a prepaid debit card is easy and takes just a few minutes. You must have your card with you when you activate so you can enter your card number, three-digit security code and expiration date. Some issuers charge an activation fee or other fees to maintain your prepaid debit card.
Can you put money on a prepaid card at an ATM?
A prepaid debit card is much like a gift card: It allows you to spend whatever amount of money is stored on the card. Once the balance is used up, you can reload the card online or at an ATM, a participating store, or other physical location.
How do prepaid cards work?
Prepaid cards can be used to make purchases, similar to a debit card. But when you get a prepaid card, it comes with a balance that acts as your spending limit. Once you've spent the balance, the card becomes unusable until you add more money to it.
Features
- The Amscot MoneyCard gives you a safe, secure way to carry your money. Every card is FDIC insured and backed by the prestige and power of MasterCard, along with the convenience you’ve come to expect from Amscot. 1. Accepted worldwide, anywhere Debit MasterCard is accepted 2. Shop online, pay bills and make every day purchases 3. Simple Fee Plan wit...
How Does It Work?
- The Amscot MoneyCard is simple and easy to use. The front of the card displays your name, the MasterCard Brand Mark, an individual card account number, and an expiration date. The Amscot MoneyCard stores value of the dollar amount you choose to load and maintain on the card. As you use the card at merchants or ATM’s, the amount of the purchase or cash withdrawal is automati…
Convenient Loading Options
- Load your card for free* through Direct Deposit- get your payroll or government benefits fast with Early Direct Deposit!
- Load at any Amscot Branch up to $7,500!
Other Advantages
- Same Day Replacement Card
If your card is lost or stolen just visit any Amscot Branch and get a same day replacement card. - 24-Hour Support!
The Amscot MoneyCard provides free* 24-hour automated support. Check your balance, review your recent transactions, or report any problems such as a lost or stolen card by calling 1-866-532-9623.
How Do I Get It?
- The Amscot MoneyCard is available exclusively at any Amscot Branch. You will receive a temporary card that will allow immediate access to your cash at ATM’s, and for purchase transactions at your favorite merchants. A personalized Amscot MoneyCard, from one of our six designs, will be delivered to you generally within 7 to 10 business days.
What Are The Costs?
- These fees apply to new Amscot MoneyCards purchased on or after March 15, 2015. The fees associated with cards purchased before this date may be different. Please login to your card account to view your cardholder agreement and fees.