In late June and early July of 2013, thanks largely to a lengthy story in The New York Times, the practice of paying worker wages via a prepaid debit card has come under increased scrutiny. According to the report in the Times – and subsequent coverage in Time Magazine and Businessweek – large employers including Wal-Mart Stores, McDonald’s and Time Warner Cable are eschewing traditional paper paychecks and direct deposit in favor of paying wages on prepaid debit cards.
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Landing Google-PPC-Mobile
American Express Serve® Activation Fee: $0.00 Monthly Fee (up to): $0.00 ATM (In-Network) Withdrawal Fee: $0.00 Signature Transaction Fee: $0.00 PIN Transaction Fee: $0.00 RATING: Apply Now No credit check. No minimum balance. No hidden fees. Get a $50 credit after receiving $250+ twice via Direct Deposit by 3/31/14* Get free cash withdrawals at over… Continue reading Landing Google-PPC-Mobile
Bangkok Bank Pushes Its Debit Chip Card
Bangkok Bank is in a push, promoting its chip-enhanced debit cards to consumers in terms of safety. The BBL intends to increase the number of their ATMs that accept the card from 8,000 to 9,000 in an effort to persuade both existing and new customers to change from their current, magnetic-strip to chip cards. The… Continue reading Bangkok Bank Pushes Its Debit Chip Card
Helping Consumers Find the Best Cards, Build Credit and Prosper
What’s the difference between a good prepaid debit card and a really lousy one? Fees, fees and fees. If you take nothing else from all of the content we have up on the site, be sure to at least understand that fees are your enemy. And unfortunately, many prepaid debit cards are chock full of… Continue reading Helping Consumers Find the Best Cards, Build Credit and Prosper
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
Can you Pay for Health Insurance with Prepaid Cards (Benefits and Problems)?
The Benefits and Pitfalls of Paying for Health Insurance with a Prepaid Debit Card By Lucy Lazarony 2019 Update! According to Ihealthplans.com, at least within the individual health insurance Marketplace, insurance providers are required to accept money orders and pre-paid debit cards, which is good news for prepaid card owners. Providers do not have to… Continue reading Can you Pay for Health Insurance with Prepaid Cards (Benefits and Problems)?