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Debit Card Fees Explained
By Amanda Handley, http://prepaiddebitcards.net Debit card fees can be very confusing. When it comes to bank issued debit cards and prepaid credit cards, it is important to understand all of the possible fees to avoid spending more money than is absolutely necessary. Choosing the right card can help to eliminate many of these fees as [...]
Read more!A Brief History of the Debit Card
In 1966 the debit card was established, and since that time banks have found plenty of ways to charge businesses and customers for using the service to access their own money. According to the Kansas City Federal Reserve, in 1966 the first debit card was placed on the market by The Bank of Delaware. [...]
Read more!Prepaid Credit Card Comparisons and Insider Tips
The Prepaid Credit Cards website, located on the Internet at PrepaidDebitCards.net, has released its updated list of prepaid card reviews, comparisons and tips for January 2012. According to Eric Oz, the site’s managing Editor, this new list has been compiled following a year of research into all prepaid credit cards available in today’s market, which [...]
Read more!Proposed Prepaid Card Legislation Favors Consumers
Prepaid debit cards are available from numerous sources and marketed toward groups of specific users, including students and online shoppers. They are handy for those who cannot get a credit card or a checking account. As recently pointed out by Senator Robert Mendez of New Jersey, the cards come with a number of fees and [...]
Read more!What Are Pre-paid Gift Cards?
The traditional gift card comes with a bit of risk for the gift-giver. They are restrict the choices of the card receiver, to the limited offerings in a certain store or restaurant. Pre-paid gift cards are a solution that takes the risk out of gift card giving, while placing all of the decision-making on the [...]
Read more!What are Prepaid Credit Cards?
Prepaid credits cards are similar to a credit card because they are used in a similar manner, in the form of credit. However, prepaid credit only allows a credit limit that is placed on the card as a means of a security deposit that the user uploads prior to use, rather than a traditional line [...]
Read more!What are Debit Cards?
Debit cards are items that electronically store coded information that allows for the transfer of funds between payment systems and financial institutions. When a debit card is used at a location, such as a store or restaurant, the card is wiped through a reader, the reader then sends a request for information about the user’s [...]
Read more!What is a Reloadable Prepaid Debit Card?
Reloadable debit cards are changing the way Americans manage their finances, helping many individuals avoid the perils of traditional debit cards while maintaining their benefits. A reloadable debit card looks and acts like a bank debit card, but is linked to a prepaid account rather than a bank account. This is perfect for individuals who [...]
Read more!Are consumers using their debit cards responsibly?
Corporations such as Green Dot are seeing higher profits and higher usages of their prepaid cards. There are a myriad of reasons why this may be. But, the main question that leaves the experts wondering is, “Are consumers using their debit cards responsibly.”
Read more!American Express Launches Debit Card Option
By: Prepaiddebitcards.net Staff American express has decided to step it up and launch a new debit card option. This is an innovative product that will rival the likes of PayPal in its ingenuity. American Expresses new product will be called Serve. American Express has called Serve a “veritable kitchen sink of payment technologies” [...]
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