What is A Prepaid Debit Card? Glossary & Common Terms

Welcome to our site! Our editors have been covering the credit and debit card space for a total of 30+ years and we are proud to have been featured by the Wall Street Journal, CNN, etc. Your input is invaluable and we’d love to have your comments on What is a Prepaid Debit Card? (see… Continue reading What is A Prepaid Debit Card? Glossary & Common Terms

Hispanic Consumers Propel Prepaid Card Growth

Hispanic consumers account for a growing segment of prepaid debit card users. by Lucy Lazarony Hispanic consumers have embraced prepaid debit cards. According to an August 2012 research study, “Consumer Payments in the U.S.: The Latino Market” by Packaged Facts: There are 4.6 million Latinos who used a prepaid debit card in the last 12… Continue reading Hispanic Consumers Propel Prepaid Card Growth

Pros and Cons of Traveling with a Prepaid Debit Card

Should you pack a prepaid debit card for your next trip? By Lucy Lazarony Going on a trip? Here’s a look at the advantages and disadvantages of traveling with a prepaid debit card in your wallet. An alternative to credit cards. If you don’t have a credit card or don’t want to travel with one,… Continue reading Pros and Cons of Traveling with a Prepaid Debit Card

Nine Tips for Avoiding Fees on Prepaid Cards

Fees are inevitable with prepaid debit cards. But there’s much you can do to keep them low. By Lucy Lazarony To get the most value out of a prepaid debit card, you’ll want to avoid and minimize all the fees that you possibly can. “You want to understand the fee structure of the card,” says… Continue reading Nine Tips for Avoiding Fees on Prepaid Cards

FDIC Insurance And Prepaid Debit Cards

When you have a debit card tied to a traditional bank account and the bank goes out of business, the federal government guarantees you up to $250,000 of the money that you have in your account through mandatory FDIC insurance. “FDIC insurance is an important financial protection,” says Lauren Saunders, managing attorney of the National… Continue reading FDIC Insurance And Prepaid Debit Cards

The Occupy Movement Takes On Prepaid Cards

Recently, BestPrepaidDebitCards.com spoke via email with Carne Ross, a founding board member of The Occupy Moneyhttp://www.bestprepaiddebitcards.com/wp-admin/post-new.php# Cooperative, about the Occupy Card , why it chose to issue a prepaid debit card and how the group aims to change the financial services industry.

Prepaid Debit Card Reviews, Complaints, Etc