NerdWallet Study: Average Prepaid Debit Card can Cost Over $300 a Year
In a study of 40 popular prepaid debit cards, NerdWallet found that the average card cost nearly $300 a year in basic fees – before considering activation, cancellation, paper statement and other...
View ArticleNerdWallet Launches Prepaid Debit Card Comparison Tool
There’s something wrong with prepaid debit cards. More so than any other financial product we’ve covered, prepaid cards rely on obfuscation and an anything-goes approach to disclosures. But the...
View ArticleAmerican Express Prepaid Will Now Take Direct Deposit, Actually Be Useful
The American Express Prepaid Card was all set to revolutionize the market with a simple, easy-to-understand cost: a $2 ATM fee to Amex, after the first per month; whatever the ATM owner charges to...
View ArticleWestern Union WU Pay: Better Option, Not Perfect
In step with the day’s prevailing cyber proclivities, Western Union just unveiled WU Pay—a digital payment platform that allows online shoppers to pay with cash or an account transfer. Indulging in the...
View ArticlePew: Prepaid is Better, But not as Well Protected
Last month, the Pew Charitable Trusts published a study on the use, benefits and risks associated with general purpose reloadable (GPR) prepaid cards. If you’re looking into getting one, take the time...
View Article
