A new report issued by Mercator Advisory Group finds that more consumers want prepaid cards for themselves, not just friends and family. by Chris Warren For years now, prepaid cards have been a handy fallback for the unimaginative or too busy gift giver. Don’t know what to get grandpa for his birthday? No problem. Just… Continue reading Prepaid Cards Are Not Just For Gifts Anymore
Tag: prepaid cards
Does Your Grandmother Need a Bluebird?
A well-chosen prepaid debit or checking alternative card offers freedom, flexibility and peace of mind to the elderly and their children. by Bev O’Shea Prepaid debit cards, once the province of the non-creditworthy and desperate, are finally becoming downright respectable (some of them anyway – you still have to be careful). Some cards now specialize; for… Continue reading Does Your Grandmother Need a Bluebird?
A True Wall Street Occupation?
How the Occupy Card Doesn’t Live up to its Promise by Shane Tripcony The terms and conditions of credit, debit and prepaid cards are not what anyone would call scintillating reading. Layered with legalese and hard to decipher jargon, these documents have traditionally (and understandably) been ignored by consumers. Which is too bad because… Continue reading A True Wall Street Occupation?
Chase Cardholders Get Wined And Dined
There are already plenty of reasons for foodies to attend the Epcot International Food & Wine Festival, from September 27 until November 11. Given the global slant of Epcot, one of four theme parks located at the Florida based Walt Disney World Resort, the festival offers its gourmand visitors the opportunity to sample cuisines and… Continue reading Chase Cardholders Get Wined And Dined
Bomb Threats Over Prepaid Cards
The number of ways criminals are attempting to utilize prepaid debit cards increasingly seems to match the rapid proliferation of the cards themselves. As we have written about numerous times at BestPrepaidDebitCards.com, thieves have been especially attracted to the use of prepaid debit cards in a scam that involves turning people’s lights off: from California… Continue reading Bomb Threats Over Prepaid Cards
Prepaid Debit Card Scams Proliferate
While popular, the utility scam is not the only type that relies on the use of prepaid debit cards. According to a story in the Arizona Republic, two citizens of Surprise, Arizona were indicted in a $2.5 million income-tax scheme involving prepaid debit cards. According to the charges brought by the U.S. Department of Justice, the alleged perpetrators told victims that they could receive “Obama stimulus money” or “government funding” via a prepaid debit card. In return for that promised government money, victims handed over personal information that was used by the alleged criminals to file false federal income-tax returns. In total, the 18-count indictment by the federal government says that the perpetrators received over $2.5 million in refunds.