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Remittance Cards - Your Questions Answered

Jessica Lane Photo By Jessica Lane on November 19, 2012

When you can't get a bank account or credit, it can be difficult to deal with money in a safe and convenient way. You can always use cash to pay for things, but then it is very hard to ensure you won't lose it. One alternative to carrying all of your money around is getting a 24/7 Card, for example, or other remittance method.

Are you not sure what these items are or what they can allow you to do? Here are some of the most common questions answered.

  • What are prepaid debit cards?

These items are an easy way for people who can't get credit or bank accounts to handle their money without using coins and paper bills. It also allows you to transfer funds to others, including those overseas if you are an immigrant or long term from elsewhere.

  • How do I get this product?

If you're at least 18 years of age in most states, it is easy to sign up, and you don't have to go through any credit checks that may have prevented you from obtaining financial security in the past. All you have to do is apply via Internet or call the toll free number of the company you're signing up with. You will need to have a government-issued I.D. (like a valid passport or driver's license) to apply, as well as a phone number, email and non-post office mailing address where you can be reached. It takes mere minutes, and your passkey can be on its way to you via U.S. mail almost immediately. You should receive it in a week or less.

  • Besides sending money to loved ones, what can I use this for?

You can utilize these items for just about anything in your life that requires payment. You can take care of many bills online, just as you would with debit methods. You can get money out of an ATM if you need it. Many stores that accept major credit cards also accept these products, too.

  • Is there a sign-up fee or minimum balance to maintain?

Depending on the kind of plan you have, you typically don't have to keep a minimum amount of money in your account. It also doesn't cost you anything to sign up for the payment method. However, once you start using it, you will incur costs.

Learn how to send money online and perform other convenient transactions by checking out the remittance card websites today.

Jessica Lane Photo For more resources regarding prepaid debit cards or even about how to send money online and especially about 24/7 Card please review these pages.

Original article published on SooperArticles.com

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