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Prepaid Cards 101 – Start Here

Prepaid Debit Cards 101

Imagine walking into a restaurant and being told that a menu is not needed because there’s only one dish being served. From time to time that happens – set price, or prix fixe, menus pop up at fancy restaurants and around holidays – but for the most part it would prompt many of us to head for the door. We all like choices. Read More

A Prepaid What? A Guide to Prepaid Debit Cards for 2013

She spoke with the sort of breathless enthusiasm of someone who had just discovered gold, or at least a sure-fire way to get toddlers to sleep through the night. Recently, a co-worker told me she uses prepaid debit cards to manage her family’s spending. The result: she and her husband saved more than $2,000 in just under two months. Read More

Pros and Cons of Traveling with a Prepaid Debit Card

An alternative to credit cards. If you don’t have a credit card or don’t want to travel with one, a prepaid debit card may be a good option, according to Robert Firpo-Cappiello, Executive Editor of Budget Travel. Read More

Consumers Turning to Prepaid Debit Cards Now More Than Ever

With tighter consumer regulations and the low-interest rate environment, banks have had to find new and innovative ways to make a profit. This led to higher fees and the end of “free checking” in some cases. This move caused many consumers to avoid bank accounts altogether. According to the October 2011 report “Still Risky: Bank Fees and Disclosures in the States” by The Pew Charitable Trusts, 89% of the checking accounts offered at the 12 largest U. S. institutions involve bank fees. Read More