Netspend.com Netspend Account Information

Netspend is a prepaid debit card that allows consumers to load money and spend that money on purchases and pay bills. It also allows consumers to withdraw money from an ATM. Netspend is also linked to direct deposit and saving functions. Getting the most out of Netspend requires understanding all the functions account information supplies to the consumer.

Transaction History and Savings

The transaction history allows you to track the amount of money spent on particular purchases. Netspend also allows purchases to broken down into spending categories. You can arrange categories for specific items. The transaction categories might include utilities, food and transportation spending sections. Posted transactions will show the date of the transaction, the description and category in which the transactions will fall into. Finally the amount of the item purchased and the ending balance will show in posted transactions.

The savings section allows you to instantly transfer from debit funds to your savings fund. Instant transfers post in 30 minutes. Savings on the Netspend account accrue quarterly. You can also make scheduled transfers from the debit fund to the savings fund, which posts in 48 hours.

Netspend Life Benefits

Netspend offers life benefits to cardholders who are enrolled in direct deposit. Netspend offers cardholders and family members coverage in the case of accidental death or dismemberment. For every time a direct deposit payment clears through Netspend, 35 days of coverage is given to the customer, up to $8,000.

Fee Plans

Netspend account holders have the option to change from the pay-as-you-go setup--paying $1 per purchase--to paying a monthly fee of $9.95, providing free purchase transactions all month, including signature and PIN purchases. The general fee for ATM withdrawal and bill pay still applies. This plan also offers free direct deposit and anytime alerts of purchases made.

My Profile

As with any debit or credit card, customers log on to the Netspend website and update or edit their username and password using the profile page. This feature allows editing the email address, physical address and phone number.

Refer a Friend and Valuable Offers

Cardholders can refer friends and family and receive a $5 referral payment. Refer friends by giving the referral's name and email address on the Netspend website.

At different times Netspend will offer different money-saving offers and discounts to Netspend cardholders. As account holders, Netspend users have access to these offers.

My Debit Cards and Closing Account

Netspend users can activate new cards and add cards to the account. Setting up a PIN and viewing card history is also available for members. The cardholder can set up a virtual account for online shopping, place orders through catalogs and book hotel reservations and tickets. Users can also report lost or stolen cards as members. Cardholders can close their account and receive a paper check of remaining funds for a fee of $5.95.