Prepaid & Debit Cards NEWS

Suze Orman Launches New PrePaid Debit Card

[Friday, January 20th, 2012]

Personal finance guru Suze Orman is launching a prepaid debit card that may be a game changer for the prepaid card industry. Personal finance advisor, award-winning author and TV hostess Suze Orman has branded her image with a low fee prepaid debit card that has the lofty ambition of helping users build – or rebuild [...]

Banks make up for lost revenue through prepaid cards

[Saturday, June 18th, 2011]

Americans who eagerly await their benefit checks from the government each month can now breathe a sigh of relief. Government agencies have now started automatically loading the benefit funds onto the prepaid accounts of the beneficiaries to make way for seamless transactions and reduce the wait time. The increasing demand from the government agencies and [...]

The good and bad of prepaid cards

[Tuesday, February 15th, 2011]

Prepaid cards have for a long time been in the eye of controversy. Though these cards are great tools to ensure you stay within spending limits, the exorbitant fees that are associated with these cards make them least attractive. In recent times there have been many prepaid cards that have been launched in the market. [...]

Prepaid debit cards to aid victims of disaster

[Monday, November 22nd, 2010]

The National Database and Registration Authority of Pakistan is now considering the use of prepaid debit cards to extend help to the victims of the floods that hit the country recently. The relief fund amounting to $460 million carried by 2 million prepaid cards powered by Visa will be issued to the calamity victims. The [...]

Prepaid debit cards costing consumers more

[Tuesday, November 9th, 2010]

The Consumers Union recently revealed that the use of prepaid cards is making consumers face more fees and other expenses. This report was based on the union`s analysis of 19 dissimilar prepaid cards. According to the Consumers Union consumers are made to pay multiple fees by prepaid cards which include an activation fee. Just to [...]

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