The mPower™ Visa® Prepaid Card offers a 100% guaranteed approval to anyone regardless of credit history. There are no credit checks and you are eligible even if you have had credit issues in the past. The card can be used everywhere Visa debit is accepted. The card is a prepaid card, which means you can only spend what’s preloaded on the Card. That means there’s no risk of overdraft fees or it will not affect your credit history in anyway.
This card offers users the option to earn cash back, manage their account online, built credit, and get special discounts. As a bonus, when you sign up for Direct Deposit with a recurring Direct Deposit of $400 or more and you will get a $25 bonus deposited into your account and the $9.95 Activate Card Fee will be refunded to your account on your next statement. Here are some of the card features:
- No Cost Activation
- No Monthly Fee
- $25 Bonus
- Access to Your Tax Refund 30 Days Faster
Loading Funds
There are three options for adding funds to the card. You can add money by making a cash deposit, direct deposit or card to card sharing. When adding cash, you can add as little as $10. There is a maximum cash limit of $950 per day and a maximum cash limit of $4,500 per month. For direct deposits such as payroll from employers, payments from benefits providers and state and federal tax refunds, they accept deposits from $10 up to $10,000 per deposit, with a maximum of $10,000 per month. Here is an overview of how to add funds to your account:
- Load Cash: Load cash onto your card at thousands of Green Dot® MoneyPak® retail locations. Special First Load FREE Offer: For a limited time, take advantage of our First Load Free offer. You can load cash on your card and we’ll refund the first fee directly to your card. Load cash onto your card at one of over 46,000 Western Union® Agent locations. Add cash to your card wherever you see the Visa® ReadyLink or Money Gram symbol.
- Direct Deposit: With direct deposit, your paycheck will be automatically transferred from your employer or benefits provider to your mPower Visa Prepaid Card on every payday. Social Security, SSI, state disability, and other federal and state benefit programs all offer direct deposit. Most employers offer direct deposit as an option to receive your pay versus a paper check. You can add all or a portion of your paycheck by choosing a percentage or fixed amount- it’s your choice. Just sign the form and hand it to your employer. It generally takes 1 to 2 pay periods before funds start loading onto your mPower card.
- Card to Card Money Share: This is a free service that allows cardmembers to transfer funds between accounts. The service is free and is allows you to transfer money instantly or schedule future transactions. This is a quick instant way to load your card and it can be done in just a few minutes. mPower makes it easy for you to enjoy the convenience of completing a transaction online, over the phone, or with a live agent.
Online Bill Pay
With online bill pay you won’t have to worry about stamps, money orders, long lines and expensive money transfer fees. You can pay your bills electronically or even have a paper check sent on your behalf. You can schedule single payments or schedule future-dated payments to occur. You can even opt to receive email or text reminders about your bills that are due. Using online bill pay gives you an easy way to track your bills and view your bill payment history.
Building Credit
Your mPower™ Visa® Prepaid Card can help you start building your credit history when you use the online bill pay feature. This is a free service that is available to all cardholders. You are automatically enrolled in the service when you be come a member. All you do is use your mPower Visa Prepaid Card to pay your cell phone, utility, cable, insurance, or any other recurring bills each month. Your payment history will be automatically reported to PRBC®, a national credit reporting agency. PRBC will use your transaction history to create a credit file for you. When you apply for credit, lenders may use your PRBC credit file to qualify you and offer you lower interest rates. This is a feature that no all prepaid cards offer.
Earn Cash Back
The mPower Visa Prepaid Card also allows you to earn cash back on your purchases. Cardholders can earn cash back on signature-based purchases, Internet purchases, purchases made over the phone or through the mail, bill payment and point-of-sale purchases when “credit” is selected. Cash back will be based on a 12 month period starting with cardholder’s enrollment. The cash will be placed on the cardholder’s card on the 13 month. The table below illustrates the cash back you can earn.
Additional Card Benefits
This card provides a unique set of benefits you receive just for being a cardmember. Here is a list of some of those benefits you will receive:
- Online Account Tools: Online access means you can manage your account quickly and easily whenever it’s convenient for you.
- Track Spending: You can monitor your spending 24/7 by just logging into your online account.
- Monthly Statements: View a printer-friendly version of your monthly mPower™ Visa® Prepaid Card activity.
- Account Management: Schedule Bill Pay transactions, enroll to receive text and email alerts, share money from card to card or order additional cards right from your computer.
- Financial Tips: Find helpful expert tips and tools to manage your money.
- Discount Prescriptions: Receive up to a 75% discount on prescription drugs at thousands of pharmacies nationwide.
- Gateway Medicard: Get a Gateway Medicard that keeps your personal medical profile handy at all times.
- Vision Discounts: When you enroll, you are also eligible for special discounts of up to 20% at LensCrafters.
- 24-Hour Nurse Helpline: Have a health question? You’ll get unlimited access to a registered nurse 24 hours a day, 365 days a year.
- Travel Assistance Plan: mPower™ Benefits Plus Membersφ are eligible for enrollment into the Travel Assistance Program which adds valuable benefits when you travel more than one hundred miles from your home.
- Association Travel Club: mPower Benefits Plus Members can receive great discounts on various vacations and travel services.
- Car Rental Discounts: mPower Benefits Plus Members can receive discounts on rental cars from major rental companies.
- ITC-50 Discount Hotel Program: mPower Benefits Plus Members can receive discounts up to 50% off of non-discounted hotel rates nationwide.
Card Fees
Even though this is a prepaid card there are still fees associated with using the card. The table below provides some of those fees, but to see a complete list you should refer to the card terms and conditions.
How To Apply for the mPower™ Visa® Prepaid Card
Applying for this prepaid card is quick and easy. We’ve provided a link below that will take you to the official mPower™ Visa® Prepaid Card website. From this page, you can click on the apply now button and you can get started with the application process. Anyone can apply for this card regardless of your past credit history.
To get started, visit the mPower™ Visa® Prepaid Card official website.
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