A Whole New Crowd: Prepaid Debit Cards for All

Contrary to popular belief, prepaid debit cards are for everyone By Shane Tripcony Sometimes it takes a deep dive into the world of facts to dislodge a stubborn misperception. That’s exactly what happened in 2012 when a study by the Pew Charitable Trusts reached the startling conclusion that some people fare better using prepaid debit… Continue reading A Whole New Crowd: Prepaid Debit Cards for All

Five Questions for a Smarter Choice in Selecting a Prepaid Debit Card

Five essential questions to ask before choosing a prepaid debit card By Shane Tripcony No, this is not a test, and there definitely won’t be a grade handed out. Actually, scratch that completely. In the quickly expanding universe of prepaid debit cards the choices are multiplying faster than rabbits. Knowing which card is best for… Continue reading Five Questions for a Smarter Choice in Selecting a Prepaid Debit Card

Debit Cards and Rewards

The demise of debit card rewards program have been greatly – well, make that slightly – exaggerated The government’s response to the financial meltdown in 2008 was years in the making and an extremely controversial piece of legislation that passed on a strictly party line vote. One component of the sweeping Dodd-Frank Act, which President… Continue reading Debit Cards and Rewards

Mossy Oak Prepaid Debit MoneyCard (Walmart)

Note! This card does NOT help you build credit. Click here to compare secured credit cards (which are similar to prepaid cards) that help you build or rebuild your credit. Also, a few secured cards do not charge annual or monthly fees, unlike the monthly fees charged by prepaid cards. (Ad Link*) By Shane Tripcony… Continue reading Mossy Oak Prepaid Debit MoneyCard (Walmart)

Durbin Amendment Not Slowing Debit Card Marketing

With the estimated 42 million offers for new debit cards that hit American homes in 2012, it’s no wonder how debit cards remain the most popular plastic payment type among Americans. In 2012, debit purchase volume jumped 12%, versus an increase of only 8% for credit card purchases. Comperemedia reports that bank offers for new… Continue reading Durbin Amendment Not Slowing Debit Card Marketing

Tax Refund Cards

Try this as an exercise sometime. If you owe money to the Internal Revenue Service (IRS) or pay quarterly taxes, log onto your bank account to see just how quickly the check you send them gets deposited. It’s fast, very fast. And to be fair, the IRS is pretty speedy itself when it comes to… Continue reading Tax Refund Cards

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