Named the MyAccountCard Visa(roentgen) prepaid credit card, the cards is granted by Bonneville financial behaving in capability as a Treasury-designated economic agent
MONROVIA, Calif., Jan 13, 2011 (FIRM LINE) — environmentally friendly Dot (NYSE: GDOT), the leading prepaid economic service team, these days announced it’s going to act as regimen management for a U.S. Department with the Treasury pilot plan where Us citizens can get their particular national income tax refunds via immediate deposit to a prepaid debit cards. Green mark was chosen by Bonneville Bank to supply program supervisor providers therefore the Green Dot circle also act as the unique reload system your prepaid debit cards.
The MyAccountCard Visa(R) Prepaid Card provides People in america that do n’t have a conventional bank account a safe, convenient and low-cost solution to receive their unique tax refund. And also, the cards enables you to get earnings by drive deposit, get earnings, make purchases and pay bills online.
“We think that Americans need accessibility safe, affordable, FDIC-insured financial goods to address their particular daily transactional requirements. S. Treasury to help more Americans go into the financial popular with regards to very own prepaid debit credit membership and give a wide berth payday loans Alabama to the cost therefore the times tangled up in usually waiting around for and cashing a tax refund check,” said Steve Streit, Chairman and Chief Executive Officer, Green Dot Corporation. In March, 2010, Green mark joined into a definitive contract to get Bonneville financial, at the mercy of regulating endorsement.
Start the day of January 18, 600,000 letters can be sent all over the country to reduced- and moderate-income people, that happen to be apt to be unbanked, pleasing these to have their own 2010 federal taxation reimbursement direct transferred to a MyAccountCard prepaid debit card. The MyAccountCard was a reloadable, prepaid Visa(R) debit credit definitely acknowledged at stores, online and every-where charge debit was acknowledged. The credit can also be used to perform every day financial purchases. The cards highlight free online expenses cover, complimentary ATM earnings withdrawals at nearly 15,000 ATMs all over the country, free cash back at participating stores and cost-free support service. In addition, like all Green mark goods, you’ll find never any punishment charges or overdraft charges of any sort. MyAccountCard debit cards are full of proceeds from payroll or federal government drive deposit might be reloaded with finances at over 50,000 retail stores nationwide through the Green Dot community.
Together with the prepaid debit credit system deciding to make the income tax reimbursement procedure more efficient, the program is made to promote reasonable and low-income People in america the opportunity to incorporate an FDIC-insured reloadable prepaid debit cards as a secure convenient and affordable software to control their particular daily monetary needs. More information on the MyAccountCard can be seen at .
The MyAccountCard Visa(roentgen) Prepaid Card may be used for each and every day economic transactions, particularly obtaining earnings by direct deposit, withdrawing money, producing purchases, spending debts and a lot more
Green mark try a leading prepaid economic treatments organization supplying straightforward, affordable and convenient money control answers to a diverse base of U.S. people. Green mark additionally possess and works the Green mark circle, the nation’s respected prepaid credit card reload system. Green mark goods are available on the net at greendot and also at about 50,000 shops, such as Walmart, Walgreens, CVS, Rite help, 7-Eleven, Kroger, Kmart, Meijer, and broadcast Shack. Green mark try headquartered in the greater Los Angeles area. For lots more info, consult greendot.
Bonneville Bank, a part of Bonneville Bancorp, is found in Provo UT, and it has come offering the Utah area area since 1978. In February, 2010, Green Dot registered into a definitive agreement to invest in Bonneville Bank, susceptible to regulatory acceptance.
