NetSpend is a financial services company providing processing and marketing for Visa and MasterCard debit cards. They specialize in selling debit cards to people who have bad credit or no credit as well as those who do not have a regular savings or checking account with a bank. NetSpend is based in Austin, Texas.
About NetSpend card application
A NetSpend card is a prepaid debit card that you can use just like a debit card that you would get from a bank. NetSpend cards are backed by either Visa or MasterCard, so they are accepted virtually anywhere, just like Visa or MasterCard credit cards are. You deposit money into the card and then you can use it at stores and ATMs. When your balance runs low, you can add more value to the card anytime you like. You can apply for the card online.
Applying for a NetSpend card is quick and easy. It only takes a few minutes to fill out the application form and they will speedily mail your card to you the very next day. There is no credit check necessary and you can get a card even if you have bad credit or no credit. There are no interest or late fees and no minimum balance requirements.
How can you apply for a NetSpend card?
Before you begin, you will need to prepare the following:
If you want to have the convenience of using plastic but have a bad credit history or you are tired of finance charges, minimum balance penalties and usurious, predatory interest rates on credit cards, then you can try using a NetSpend card, which basically works like a debit card but you do not need to open a bank account to use it. Before you apply for one, make sure that you understand all of the responsibilities, including all the fees and make sure that you understand how their security policies and what you need to do to prevent identity theft.