TD Bank’s new prepaid card is aimed at helping parents teach their teenagers how to spend money wisely, albeit in a way that offers a sturdy safety net. “The development of smart spending habits is a journey and many parents want to offer teens a gradual path to increasing fiscal freedom,” says Tami Farrow, Senior Vice President and head of retail deposit payments for TD Bank. “With the launch of the TD Go Card, TD Bank is offering parents a convenient and safe environment to get money to their teens and an easy way to monitor spending.”
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Suze Orman Prepaid Card Discontinued June 30
That’s because Orman’s Approved Card, a partnership with Bancorp Bank that was released in early 2012, is suspending operations on July 1. According to a story in The New York Times, holders of the Approved Card recently received a letter from Bancorp Bank urging them to spend whatever money remained in their accounts – anything not spent would be refunded to them.
Celebrity Prepaid Debit Card Smackdown 2013
Nobody would argue that hip-hop impresario Russell Simmons is anything but cool. After all, the guy was one of the forces behind Def Jam, the record label that brought us the Beastie Boys and LL Cool J. These days, Simmons is a business magnate whose net worth is estimated to be north of $300 million.… Continue reading Celebrity Prepaid Debit Card Smackdown 2013
SpendSmart Names Justin Bieber as Brand Ambassador
Bieber Promotes Debit Card via Videos, Social Media Would Justin Beiber’s ebdorsement make you want a branded prepaid debit card? SpendSmart Payments is hoping so. Its new card features Bieber, its brand ambassador, in a video series called “Real Talk,” that is aimed at helping teens and families develop responsible spending habits. In the first… Continue reading SpendSmart Names Justin Bieber as Brand Ambassador