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Prepaid Debit Cards

8 Prepaid Cards That Don't Suck

Rob Berger | Posted 02.25.2017 | Business
Rob Berger

The world of prepaid cards can be confusing. That's particularly true with fees. How much you'll pay each month depends not only the prepaid card you choose, but also on how you use the card.

Russell Simmons' Debit Card Left People Stranded Without Their Pay

The Huffington Post | Shane Ferro | Posted 10.20.2015 | Business

Shannen Crews is waiting for her paycheck. Normally, it's posted to her prepaid Rush debit card on Tuesdays at 8 a.m. This morning, she woke up to fin...

The CFPB & Prepaid Industry Face-Off

CompareCards | Posted 05.19.2016 | Money

The Consumer Financial Protection Bureau (CFPB) is a relatively new federal agency that was born in a swirl of political controversy, thanks to harsh opposition from many members of the financial industry and the lawmakers who strive to protect their interests.

Filing Late? Get Your Tax Refund Faster With Prepaid Credit Cards

Kari Luckett | Posted 06.10.2015 | Money
Kari Luckett

Receiving your tax return on a prepaid card is a great alternative for those who don't have a traditional checking account and don't want to wait for their check via snail mail.

11 Surprising Perks of Prepaid Cards

Rob Berger | Posted 03.11.2015 | Money
Rob Berger

The prepaid card market was once the wild west of the banking industry. The players in the industry charged ridiculous fees, offered little in the way of added benefits, and treated cardholders poorly. Those days are long gone.

Tired of Giving Coffee Mugs as Gifts? Try a Low-Fee Prepaid Gift Card (aka Prepaid Debit Card)

Curtis Arnold | Posted 02.17.2015 | Money
Curtis Arnold

Teachers and other professionals get a lot of gifts in December. Trouble is, teachers have way too many mugs, plaques, scarves/neckties, candles, pencil jars and picture frames. In the current mindset of 'experiences, not stuff,' why not give a prepaid gift card?

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

Curtis Arnold | Posted 12.08.2014 | 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 11.16.2014 | 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.

Are Prepaid Debit Cards the Next Big Target of the Consumer Financial Protection Bureau?

Curtis Arnold | Posted 10.11.2014 | Money
Curtis Arnold

Although the market for prepaid debit cards has been steadily expanding and attracting big name financial players like American Express, consumer advocates have expressed concern about a lack of regulatory oversight.

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.

Is Targeting the Unbanked Trendy Now Among Big Banks? Chase Pledges $30 MM to Help the Unbanked Build Credit and Assets

Curtis Arnold | Posted 08.18.2014 | Money
Curtis Arnold

While it may seem that this initiative is altruistic in nature, there is little doubt that the unbanked and underbanked represent a large and potentially lucrative market.

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...

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.

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.

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.

Common 'Cents': Money Tips for the Working Poor -- Avoid Financial Traps

Ryan Mack | Posted 03.24.2013 | Business
Ryan Mack

If you saw a check cashing store, a corner store loaded with pre-debit cards for sale, a Rent-A-Center and a payday loan facility, would you think you were in Beverly Hills? Of course not! The answer lies in the basic premise of capitalism -- go where you can "capitalize" on opportunity.

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...

4 Steps to Make Prepaid Cards Better | Posted 08.01.2012 | Money

Prepaid cards are everywhere. Here's what I suggest to steady the ship without making things worse for the consumers who really have no other option:

The Prepaid Debit Card Comes of Age

Curtis Arnold | Posted 07.02.2012 | Money
Curtis Arnold

Debit cards have also sprouted in the wallets of young Americans. Unable to get credit cards until age 21, more Generation Y consumers rely on debit cards for routine money management.

Credit Card Companies Return To College Campuses

The Huffington Post | Bonnie Kavoussi | Posted 04.19.2012 | Money

Credit card companies are finding ways around new regulations that restrict how they can market their cards to college students. A number of lende...

Catherine New

Shut Out From Traditional Banks, More Americans Turn To Prepaid Cards: Study | Catherine New | Posted 04.11.2012 | Money

Increasingly shut out of traditional bank accounts, more Americans are turning to prepaid debit cards often notorious for their high fees. Prepaid ...

Janell Ross

In South Carolina Some Tax Refunds Will Be Shared With A Big Bank | Janell Ross | Posted 02.28.2012 | Business

This year South Carolina income tax refunds will arrive on prepaid debit cards unless taxpayers specifically opt for a check or direct deposit. The...

This Card Will Charge You Less To Spend Your Own Money

Emily Cohn | Posted 02.14.2012 | Business

Paying for access to your own money might not sound like a popular concept, but the growth of the prepaid debit card market seems to prove this assump...

Janell Ross

Cashing In On Poverty: Banks Harvest Fees On Unemployment Benefits | Janell Ross | Posted 01.01.2012 | Business

Out of work and living on a $189-a-week unemployment check, Rob Linville needs to watch every penny. Lately, he has been watching too many pennies dis...

Prepaid Cards As A Learning Tool

Jeanne Kelly | Posted 10.05.2011 | Parents
Jeanne Kelly

If you want to start taking baby steps in teaching healthy money use, you can always start with a prepaid card. These cards do not go on your credit report; they cannot go over a limit.