The PLS family of financial service centers, one of the nation’s largest providers of community based financial services, announced the launch of the Xpectations!® Plus Debit Card, a new suite of online banking services powered by Green Dot’s single-source embedded finance platform. The Xpectations!® Plus Debit Card now offers PLS’ five million-plus customers access to seamless, affordable and useful financial tools and services, including early access to direct deposits, overdraft protection, free nationwide ATM access, and much more.
“At PLS, we believe everyone deserves better. Our aim every day is to raise our customers’ expectations. The new Xpectations! Plus Debit Card does just that since it has so many excellent features and benefits,” said Rob Fisher, Senior Vice President of Support Operations, PLS. “Our team members across the country are excited to be able to offer this new financial product while providing superior customer service and treating people like people.”
The Xpectations! Plus Debit Card, a demand deposit account (DDA), offers customers the ease and convenience of managing their money either digitally or at PLS’ more than 200 locations. Xpectations! Plus cardholders can now receive direct deposits of paychecks up to two days early or government benefits up to four days early1, gain peace of mind with up to $200 in overdraft protection2, and enjoy the convenience of fee-free ATM withdrawals and free cash reloads at any PLS store. Additionally, through a partnership with Entrust, cards can be issued and personalized instantly at participating PLS stores.
The need for alternative financial services remains high in the U.S., with 4.5 percent of U.S. households unbanked and another 14.1 percent underbanked (households that do have a bank account but still use nonbank transaction services) according to the FDIC’s National Survey of Unbanked and Underbanked Households. The tens of millions of Americans in these categories, millions of whom rely on PLS’ financial service centers to conveniently manage their financial lives, can now benefit from the seamless, affordable and useful financial tools offered via the Xpectations!® Plus Debit Cards’ new DDA features and functionality.
“Our partners’ customers want convenience and flexibility in how they access and manage their money,” said Jamison Jaworski, GM/SVP, Consumer Division, Green Dot. “By building this new offering on Green Dot’s single-source embedded finance platform, PLS is able to provide its customers with a more modern, comprehensive digital banking experience that simplifies their financial lives. We’re proud to continue building better customer experiences with PLS.”
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