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The Bancorp Bank Backs New AccountNow Card

Now Offering AccountNow Gold Visa Prepaid Card

SAN RAMON, CA (June 29, 2010) In a further expansion of its product offering to the growing underbanked and unbanked population, AccountNow has announced that its new AccountNow Gold Visa Prepaid Card will be issued by Wilmington, Delaware-based The Bancorp Bank.

"The new AccountNow Gold Visa Prepaid Card is already proving to be very popular with consumers," says Jim Jones, AccountNow CEO. "The Bancorp will help AccountNow provide even more people with a dynamic, valuable product as well as help our company continue our positive growth trajectory."

AccountNow says the AccountNow Gold Visa Prepaid Card comes with many features and benefits that traditionally have not been available to prepaid cardholders, including:

• Higher daily and monthly limits on all deposits, withdrawals, and purchase transactions (for Direct Deposit Customers)
• VIP customer service
• No monthly service fee for customers who load at least $3,000 on their card in a month
• Free Direct Deposit
• Free Bill Pay
• Free Credit Builder

"The Bancorp is extremely pleased to expand our relationship with AccountNow - which is clearly striking a positive chord with the large and growing number of people who are looking for an alternative to credit cards and traditional bank checking accounts," says Jeremy Kuiper, managing director of The Bancorp Bank.

Source: AccountNow (www.accountnow.com); The Bancorp Payment Solutions Group (www.thebancorppsg.com)


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