You want lots of butts in the seats at the community cleanup or the first PTA gathering of the year? Advertise that a $50 prepaid debit card (or a couple of $25 ones) will be given away. Advertise it extensively. Sure, it would be nice if people would attend such things without coaxing, but be realistic: If someone’s on the fence about attending (“Do I want to get up that early on a Saturday?/Be out that late on a school night?”) then the chance of winning might tip them over into Do The Right Thing territory.
Tag: prepaid cards
A Prepaid What? A Guide to Prepaid Debit Cards for 2013
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TD Go Prepaid Visa Card Review (Independent)
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.”
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.
Bankrate Surveys Prepaid Cards
One indication of the mainstreaming of prepaid debit cards is the amount of attention these once fringe financial products are attracting from the media. The most recent example of that is an in-depth survey of the fee structures of 30 prepaid cards by Bankrate.com, a leading personal finance website. Released on April 7th, Bankrate’s analysis… Continue reading Bankrate Surveys Prepaid Cards
New Bank of America Checking Account To Compete With Prepaid Cards
The introduction of the Safe Balance account is a way for Bank of America to boost revenue in a business environment that has seen increasing regulations and public scrutiny. For example, many banks have struggled with how to best replace revenue that once came from charges to debit card transactions. The impact of the federal Durbin Amendment and consumer outrage at high debit card fees has prompted many banks to look elsewhere to make up for lost revenue.