4 Things to consider when choosing a direct deposit debit card to suit your online checkingneeds. Prepaid cards, direct deposit, credit checks, brand name; everything you need to look for to make the right decision.Here are a couple of things to consider beforeopening online checking account with a prepaiddebit and direct deposit. When you apply online for checking account, prepaid debit or creditcard, you don’t have a bank employee sittingacross from you explaining every single detail.Hence, the point of this article.Here we go….-What kind of credit check will I have to passto qualify?Typically, when you apply online for checking account, they tend to be more lienient thanmost brick and morter banks and credit unions.I would advise picking a Visa prepaid debit cardthat offer “No Credit Checks” or “100% approval”. Many online direct deposit prepaid debit cards offer guranteed approval and are not concerned with bad credit, or without even checking ChexSystems.(If you don’t know what Chex Systems is, try andkeep it that way!)-No Activation Fees.When you apply online for checking account with direct deposit, make certain you there are no hidden activationfees or gimmicks. It will usually be listed somewhereon the header of the web page, saying “Visa PrepaidDebit Card, No Activation Fees”, or something to that effect.-Will I have “free” direct deposit? This is pretty much the entire point of having a direct deposit debit card. No check cashing fees, no hassles; your money is deposited directly into your checking account at midnight, without delay. Just be sure during the prepaid debit card application you check the appropriate direct deposit option.-Brand Name: Visa or Mastercard?Obviously you’ll have to make certain when opening online checking account that your debit or cashcard will have the Visa or Mastercard logo on thecard itself. That way you’ll be able to use it prettymuch anywhere. I prefer Visa’s prepaid cards myself.Just a couple of points to consider when opening online checking account or selecting direct deposit debit card.As you can see, when you apply online for a checking account, be sure to take advantage of all of the options that come along with having online checking account in the first place.I’ve online checking account for years, never let me down!
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