LAS VEGAS – Nevada State Bank has announced the availability of OnCard, its own reloadable, prepaid debit card with a built-in money management app that allows both budgeting and money sharing with family and friends.
Prepaid cards are gaining in popularity. Americans charged $557 billion on such cards in 2016, accounting for nine percent of all payment-card purchases made at merchants that year, the latest year for which information is available, according to The Nilson Report newsletter.
“As consumers continue to re-evaluate their finances, we are excited to offer the benefits of prepaid cards,” said Micah Phillips, executive vice president and marketing director for Nevada State Bank. “The ongoing advancement of prepaid solutions gives customers an option that meets their preferences in how they engage with us.”
Additionally, OnCard gives users the ability to turn a card on or off, and to carry a debit card that isn’t linked to a checking account, reducing their risk of fraud. The card has no overdraft fees or monthly minimum balance requirements. OnCard can be used anywhere Visa is accepted.
Nevada State Bank charges a one-time fee of $5 to enroll for OnCard. There is a one-time fee of $3 for every additional cardholder.
To learn more about Nevada State Bank’s OnCard, visit www.nsbank.com/oncard.
About Nevada State Bank (@nevadastatebank)
Nevada State Bank, a division of Zions Bancorporation, N.A., is a full service bank offering a complete range of consumer, private and business banking services with branches statewide. Founded in 1959, Nevada State Bank serves 20 communities across the state of Nevada. Zions Bancorporation, N.A. is included in the S&P 500 and NASDAQ Financial 100 indices (NASDAQ: ZION). For more information on Nevada State Bank, call 702.383.0009 or access www.nsbank.com.