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Prepaid Cards

Can you Really Help Your Fav Charity with Every Purchase You Make on a Prepaid or Affinity Debit Card?

Curtis Arnold | Posted 10.08.2014 | Business
Curtis Arnold

Only after closely examining a fee schedule should a consumer decide if the potential drawbacks of an affinity prepaid debit card are worth a nice design or benefits to a favored charity.

6 Times a Prepaid Debit Card Is Better Than a Checking Account

Casey Bond | Posted 09.19.2014 | Money
Casey Bond

Prepaid debit cards might not be the best option for people who could opt for a low-cost checking account instead -- but for those who can't, prepaid cards actually make great checking account alternatives as long as the cardholder takes the time to find the right one.

Debunking Myths Surrounding Reloadable Prepaid Cards

Tami Farrow | Posted 08.27.2014 | Money
Tami Farrow

Reloadable prepaid cards have evolved over the past few years, but many Americans are not informed on how to compare and benefit from this financial product. These cards can be very beneficial for a variety of consumers, as long as they devote the time to finding the card that's best for them.

Here's Credit 101 for Your College Freshman

Jason Alderman | Posted 10.20.2014 | Money
Jason Alderman

You're probably expecting to shell out major bucks for tuition, room and board and a million other necessities over the next few years. But before you send your kid off, make sure you share one gift likely to steer him or her along the road to financial security -- a sound understanding of how credit works.

Suze Orman Nixes Her Prepaid Debit Card; It Appears Her Dream of Helping Millions to Establish and Build Credit Is Dead

Curtis Arnold | Posted 08.21.2014 | Business
Curtis Arnold

Despite the closure of the Approved card, Orman deserves to be commended for her noble attempt to make positive changes to the credit reporting system.

A New Breed of Prepaid Cards

Jason Alderman | Posted 08.03.2014 | Money
Jason Alderman

Everyday tasks like cashing payroll checks, paying bills, shopping online and renting a car can be much more difficult and expensive -- not to mention dangerous, if you're forced to carry large amounts of cash to pay your bills.

Are Brick and Mortar Banks and Checking Accounts Dying Due to Digital Wallets, Prepaid Debit Cards, Etc.?

Curtis Arnold | Posted 07.30.2014 | Business
Curtis Arnold

North American banks that don't clue in that their competitors now include companies like PayPal, T-Mobile and even the US Postal Service could be fac...

Which Plastic Is the Best? Debit Cards, Credit Cards or Prepaid Cards?

Curtis Arnold | Posted 07.22.2014 | Business
Curtis Arnold

Major financial institutions, like most restaurants, understand the need to offer different card offerings to meet the varied circumstances and tastes of their customers.

How to Build or Rebuild Your Credit Using a Secured Credit Card

Curtis Arnold | Posted 07.16.2014 | Money
Curtis Arnold

Being shut out of the credit market is a difficult situation. But getting a secured credit card shows lenders that you're a serious person, willing to bet your own money that you can handle your obligations.

Prepaid Debit Cards 101

Curtis Arnold | Posted 07.16.2014 | College
Curtis Arnold

It is true that the economic downturn of the past few years has damaged people's credit and made it impossible for many to obtain a traditional checking account or credit card.

Are Prepaid Cards Making Checking Accounts Obsolete?

Curtis Arnold | Posted 07.13.2014 | Business
Curtis Arnold

Importantly, prepaid debit cards themselves are improving. Long the last resort of people who couldn't obtain bank accounts or credit cards - the so-called "unbanked" - prepaid debit cards were layered with outrageous fees.

Prepaid Debit Cards: Are They Right For You?

Eric Adamowsky | Posted 01.23.2014 | Business
Eric Adamowsky

Just because Russell Simmons, Magic Johnson, Justin Bieber and a host of other celebrities are endorsing prepaid debit cards, it doesn't mean they are right -- or wrong -- for you. Here's how to work through the decision.

Of Bitcoins and Ethical Banking

Patrice Peyret | Posted 01.23.2014 | Business
Patrice Peyret

Digital representation of money and mathematical protocols take a lot less space than physical cash and require no brick-and-mortar security.

In New York Times, Prepaid Fee Story Misses The Mark

Patrice Peyret | Posted 09.01.2013 | Business
Patrice Peyret

Finding a few people to say they're upset and citing the general growth of prepaid cards as a proof of the problem's scope just places all payroll programs under the same umbrella and paints them with a black brush.

One Extremely Simple Way To Cut Back Your Spending

The Huffington Post | Catherine New | Posted 10.01.2013 | Business

You have too many bank accounts. That is, if you're trying to cut back on spending and save money. According to new consumer behavior research, the...

Prepaid Is the New Checking (With Help From Your Cellphone)

Patrice Peyret | Posted 04.06.2013 | Business
Patrice Peyret

After years of being two separate product lines, prepaid card accounts and checking accounts are merging into a single new offering.

Facebook's Brilliant New Strategy: Gift Cards

AP | Posted 04.02.2013 | Technology

NEW YORK (AP) — Facebook's newest e-commerce idea: A gift card users can buy for each other that can be spent at retailers and restaurants including...

Beiber (Card) Fever: The Pros and Cons of Prepaid Cards

Bethy Hardeman | Posted 04.02.2013 | Business
Bethy Hardeman

Even so, is a prepaid card right for everyone? Probably not. But if you're thinking about getting one, make sure you know the ins and outs first.

Helping the 'Unbanked' Get Affordable Financial Services

Jason Alderman | Posted 03.11.2013 | Business
Jason Alderman

According to a recent survey by the Federal Deposit Insurance Corp. (FDIC) and the U.S. Census Bureau, 17 million American adults now live in "unbanke...

Catherine New

Sneaky Overdraft Fees Nip Holders Of Prepaid Cards

HuffingtonPost.com | Catherine New | Posted 09.06.2012 | Money

NEW YORK -- Prepaid cards have been touted as way to not overspend. Yet some prepaid cards are designed to let you do exactly that -- spend more money...

Catherine New

Check Cashiers: Unlikely Hero For The Poor

HuffingtonPost.com | Catherine New | Posted 08.29.2012 | Money

NEW YORK -- On a recent summer morning at a noisy South Bronx intersection, a man walked into RiteCheck, a check cashing store, to use the ATM machine...

Prepaids Aren't Just For The Poor...

SmartMoney | CHARLES PASSY | Posted 08.22.2012 | Money

SmartMoney: Is the prepaid debit card moving upmarket? In recent months, major financial institutions such as American Express and J.P. Morgan C...

Catherine New

Prepaid Cards Have A Short, Expensive Life

HuffingtonPost.com | Catherine New | Posted 08.09.2012 | Money

Short-lived and high-priced. Such is the life cycle of a prepaid card. Consumers only use a card for six months on average before moving on to anot...

Catherine New

Scammers Prefer Electronic Prepaid 'Cash'

HuffingtonPost.com | Catherine New | Posted 08.01.2012 | Money

Move over, briefcase full of cash. Crooks' preferred method of payment these days is prepaid cards. Scammers are exploiting preloaded debit cards ...

Khadeeja Safdar

Meet The Banker Without A Bank Account

HuffingtonPost.com | Khadeeja Safdar | Posted 06.07.2012 | Money

Have you ever heard of a banker with no bank account? Joel Lawton, a Texas-based mortgage banker with no checking or savings account, is just one o...