The Biggest Prepaid Debit Card Complaints

Personal Finance

The Biggest Prepaid Debit Card Complaints

The Biggest Prepaid Debit Card Complaints

As the market for prepaid debit cards has exploded, so too have complaints from consumers. Getting refunds after fraud incidents takes too long, setting the cards up can be a hassle, fees can be obscure, and issuers are too quick to shut the cards down when there’s a dispute, users tell regulators, according to a... Read More

Can I Get a Temporary Credit Card?

Credit Cards

Can I Get a Temporary Credit Card?

Can I Get a Temporary Credit Card?

Do you need a credit card, but just for a short time? When we need a car, we can rent one, and there are even services that allow you to borrow formal wear in person or by mail. Credit cards don’t really work like that. You can’t exactly rent one from an issuer and cardholder... Read More

The Most Popular Debit Cards in America

Personal Finance

The Most Popular Debit Cards in America

The Most Popular Debit Cards in America

If you’re using a debit card, chances are it’s backed by a big bank. A new Nilson Report established the top issuers of U.S. debit cards, based on combined signature-based and PIN-based debit as well as prepaid card spending — and the five largest issuers by spend are recognizable names. They include. Bank of America: $290.4 billion Wells... Read More

AmEx Introduces Prepaid Debit Card With 1% Cash Back

Credit Cards

AmEx Introduces Prepaid Debit Card With 1% Cash Back

AmEx Introduces Prepaid Debit Card With 1% Cash Back

Consumers who have poor credit, no credit or don’t have access to traditional bank accounts often find prepaid debit cards helpful, because they offer features like direct deposit and make it possible to shop online or using smartphone apps. Still, they don’t have a lot of the benefits associated with credit cards, like the strong... Read More

Prepaid Cards: What’s the Catch?

Credit Cards

Prepaid Cards: What’s the Catch?

Prepaid Cards: What’s the Catch?

Bank cards, store credit cards, secured cards, prepaid cards — there’s lots of plastic out there, and even though they’re all forms of payment, these products are completely different. One isn’t necessarily better than the others; it depends on your needs as a consumer, and no matter what you choose, it’s important to understand its... Read More

A New Push to Make College Debit Cards Fee-Free

Students

A New Push to Make College Debit Cards Fee-Free

A New Push to Make College Debit Cards Fee-Free

Some members of Congress are trying to stop banks and colleges from aggressively marketing debit cards as a way for college students to receive their financial aid. The use of debit cards isn’t itself problematic, but the cards carry high fees that can chip away at the student’s aid, and students often aren’t aware of... Read More

A Guide to Gifting Prepaid Cards

Credit Cards

A Guide to Gifting Prepaid Cards

A Guide to Gifting Prepaid Cards

Alongside the joys of the holiday season comes the perplexing feeling when you have no idea what to give someone. Perhaps you don’t know the recipient well, or maybe you are just trying to please a person who has everything. At these times, it can be tempting to purchase a prepaid gift card and let... Read More

Amex Ups the Ante With Its Serve Prepaid Debit Card

Credit Cards

Amex Ups the Ante With Its Serve Prepaid Debit Card

Amex Ups the Ante With Its Serve Prepaid Debit Card

For decades, banks have offered their customers debit cards, which they originally called check cards. But recently, a new generation of debit cards — prepaid debit cards — are being offered by companies without traditional retail bank branches. American Express has been on the forefront of this trend, when it introduced its Bluebird card, co-branded with... Read More

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