With ease of use and widespread availability, debit cards are becoming a growing threat to the banking industry. Last year, prepaid debit card usage was up 18% while checking account usage plummeted from 92% to 88%. While users avoid overdraft fees, debit cards are not cheaper than checking accounts. Incidentally, scores of users walked away… Continue reading Debit Cards: A Growing Threat to the Banking Industry
Tag: prepaid debit cards
Money Management Made Easy Using Prepaid Debit Cards
How prepaid debit cards can help keep you on budget and in control of your finances They’re the kind of stories that make people shake their heads in disbelief. Layered with no small amount of schadenfreude, these are the tales of talented athletes whose prowess on the field and court earn them both adulation from… Continue reading Money Management Made Easy Using Prepaid Debit Cards
Three Alternatives to Traditional Credit Cards
Long gone are the days when credit cards were the only choice for people in need of plastic. Here are some other options Imagine walking into a restaurant and being told that a menu is not needed because there’s only one dish being served. From time to time that happens – set price, or prix… Continue reading Three Alternatives to Traditional Credit Cards
Rewards Season: Prepaid Debit Card Benefits to Look For
No, it’s not the Oscars and there won’t be any tedious speeches. But prepaid cards do offer ways to get awards There’s no official name or diagnosis, but most of us know someone who suffers (or benefits) from a condition perhaps best called frequent flyer-itis. You know the type: they’re the ones whose wanderlust is… Continue reading Rewards Season: Prepaid Debit Card Benefits to Look For
Pros and Cons of Prepaid Debit Cards
Don’t believe the hype about prepaid cards. But don’t believe the doomsayers, either We live in a world of incessant hyperbole. The latest version of the iPhone? Best invention ever. The current members of Congress? The most corrupt and feckless in history. And let’s face it, advertising and promotion is based largely on inflated claims… Continue reading Pros and Cons of Prepaid Debit Cards
Prepaid Visa Debit Cards
Prepaid Visa Debit Cards are pre-funded reloadable cards that display the Visa logo. They can be used anywhere the Visa Card is accepted worldwide and online. As with any debit card, The Visa Prepaid Debit Card requires a deposit in advance before use, after which, the card can be used until the balance is depleted… Continue reading Prepaid Visa Debit Cards