If you recently received a green Wisely card in the mail, you may be wondering why. The Wisely card is a prepaid debit card that is becoming increasingly popular as a way to receive your tax refund. Here’s everything you need to know about how the Wisely card works and why you might have gotten one in the mail.
How the Wisely Card Works
The Wisely card is a prepaid debit card that is issued by Green Dot Bank. The card can be used anywhere that accepts Visa debit cards, and it can also be used to withdraw cash from ATMs. One of the main benefits of the Wisely card is that there are no fees associated with using it. This means that you can use your Wisely card to make purchases or withdraw cash without having to worry about being charged extra.
Another great benefit of the Wisely card is that you can use it even if you don’t have a bank account. This can be helpful if you don’t have a bank account or if you have bad credit and can’t qualify for a traditional credit card. If you do have a bank account, you can still use your Wisely card as long as your bank account is in good standing.
Why You Might Have Gotten a Wisely Card in the Mail
If you received a Wisely card in the mail, it’s most likely because you are receiving your tax refund on the card. The IRS has partnered with Green Dot Bank to provide tax refunds on Wisely cards, and this option is available for those who don’t have a bank account or who want to avoid paying fees associated with receiving their refund via direct deposit. If you chose to receive your tax refund on a Wisely card, all you need to do is activate the card and start using it.
Conclusion:
The Wisely card is a great option for those who want to avoid fees associated with receiving their tax refund or for those who don’t have a bank account. If you received a Wisely card in the mail, simply activate it and start using it just like any other debit or credit card.
