Financial Services

Please note: This article contains important information regarding the opening of a card account. It is necessary for legal compliance and to protect against terrorism financing and money laundering activities as required by the USA PATRIOT Act. We are obligated to gather, verify, and record personal information of each individual who opens a Card Account. This information includes your complete name, address, date of birth, and government ID number. Additionally, we may request to see your driver’s license or other identification documents. Prior to using the Card Account, it is essential to activate the card and verify your identity. In situations where your identity is only partially verified, certain limitations will be applied to your Card Account. However, you may still be able to make in-store purchases using the card. Please note that the restrictions include no ATM withdrawals, international transactions, account-to-account transfers, and additional loads. The use of the Card Account is also subject to fraud prevention measures, which can be implemented at any time, with or without prior notice. It is important to mention that residents of Vermont are not eligible to open a Card Account.

No Cost ATM Withdrawals

For your convenience, there are no fees associated with ATM withdrawals made at participating 7-Eleven locations. To find a list of participating 7-Eleven locations, please visit www.Transact711.com. However, fees are applicable for cash withdrawals made at all other domestic ATMs, in addition to the ATM operator’s fee, which may vary. The costs, terms, and conditions associated with the use and reloading of this Card Account can be found in your Cardholder Agreement.

Faster Funding

Our policy ensures faster availability of funds by making them accessible upon receipt of payment instruction, unlike the traditional banking practice of posting funds at settlement. It is important to be aware that fraud prevention measures may cause delays in the availability of funds, with or without prior notice. Early access to funds requires the support of direct deposit by the payor and is contingent upon the timing of the payor’s payment instruction.

Netspend Visa Prepaid Card

The Netspend Visa Prepaid Card is issued by Pathward®, National Association, Member FDIC, under a license from Visa U.S.A. Inc. You can use the Netspend Visa Prepaid Card wherever Visa debit cards are accepted. Some products and services may be licensed under U.S. Patent Nos. 6,000,608 and 6,189,787. To activate the Card Account, complete ID verification, and ensure funds availability, please refer to the Cardholder Agreement for transaction fees, terms, and conditions.

Trans@ct Prepaid Mastercard®

The Trans@ct Prepaid Mastercard® and Trans@ct Family Prepaid Mastercard® are issued by Pathward™, National Association, Member FDIC, under license by Mastercard International Incorporated. The Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.

In conclusion, understanding the necessary steps to open a card account is crucial in complying with legal requirements, such as the USA PATRIOT Act. By providing the required personal information and completing the necessary steps, you can enjoy the benefits and convenience of using financial services securely and efficiently. Remember to review the specific terms and conditions outlined in the Cardholder Agreement for a comprehensive understanding of the costs, restrictions, and benefits associated with your Card Account.

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