What in your opinion is considered as "serious cash" leading the card providers to close the cards? Do you have any experience on amount and frequency?
Greendot and Walmart shut me down after loading 3-4-5k per month, in several smaller deposits.
Quote:
Originally Posted by sk778
Do you need to be a US citizen to purchase a accountnow card?
You need a Social Security Number to be able to apply for a card.
The complete step-by-step guide to get back to selling today!
Thanks for the link, it would've saved me a lot of time when I was making my research on this topic.
The reason behind all this is to keep drug-money, stolen money out of the banks, make money laundering harder and of course to give the IRS more insight to your earnings.
Coming back to the original topic, direct deposits are like checks without paper, so they are not reported to the IRS.
Off the mark
Funds, under any description in a banking situation, get sent off by way of report to the IRS.
Now said transaction may never be looked checked. But if something happens to flag an account, transactions can be checked.
__________________ REAP WHAT YOU SOW. LIFE IS SO NOT FAIR.
Greendot - I had like 7-8 of them, yes, they work even with mismatching names, but as soon as you start loading some serious money on them, they will notice and shut all of them down and you will never be able to open another card. They send you a check with the remaining balance.
The Wallmart Money Card is better, it also works with mismatching names, but after loading a lot of money, they will also shut them down and send you checks.
So far the AccountNow Card worked best for me, they don't care about names, amounts (they took a 5k+ deposit with no problems), but you can have only 2 cards. If you have a girlfriend, then 4 :D
Upside Card - works even with mismatching names. Don't know what is their tolerance on the size of your deposit.
Rushcard - it works with similar name to yours, don't know how much you can deposit without problems.
DO NOT USE mPower card. They WILL LET the deposit go through with mismatching names, but they will automatically block your card and they are asking for the sender's ID, proof of address and a notarized letter where he agrees that he sent the deposit to your account. Of course this other person doesn't exist, so you are fckd. I have 2k+ in their bank, now trying to send the money back to Amazon somehow, apparently it will take months.
Thanks for your Very helpful post. I have a question and I think you can help answering the question. For the AccountNow, If I used someone's info with valid (name, dob and ssn), can I use the info to register the the card online and have it shipped to a different address? and I can use it the way I want?
Thanks for your Very helpful post. I have a question and I think you can help answering the question. For the AccountNow, If I used someone's info with valid (name, dob and ssn), can I use the info to register the the card online and have it shipped to a different address? and I can use it the way I want?
sure u can it calls identity shift, and i agree mPower sucks
If the prepaid card comes with a Bank routing number, why would it not work? I mean - besides issues on different names, incoming money cap limits, SSN requirements, etc....you know what I mean.
