A prepaid debit card may be the only way to get your checks cashed out if you don't have access to banking facilities.
Sure, you can use cash checking facilities but you end up paying costly fees.
You can save more than $200 a year just by using prepaid credit cards.
Here is how to get one online in 3 simple steps.
Step 1: Pick a prepaid card with the lowest fees.
- Do your research and pick a card issuer with the lowest fees.
Note that there is no such thing as 100% free prepaid cards.
You either pay a monthly fee, or you pay every time you use the debit card facilities.
Our research shows that it's more affordable to pay a fixed monthly fee for unlimited usage of the facilities.
So we highly recommend that you choose one with the lowest fee (as little as $10 a month).
Step 2: Fill in the application form online.
- The next step is to fill up the application form.
Don't worry - no credit checks are required.
That means you can still apply as long as you are a US citizen, even though you may have a bad credit history.
The good news is that can build up your credit scores when you use debit cards to make payments.
Of course, your card provider must support credit reporting.
Make sure you verify your ID with the bank.
This step is mandatory because they want to make sure that the application is legitimate.
Step 3: Wait for the prepaid card to arrive in your mail.
- Once you've completed step 2, the bank will process your application.
If you apply for cards with guaranteed approval, you can be sure that your application will be approved shortly.