Results for Prepaid Debit Cards

Prepaid debit cards have been criticized for having excessive fees, but that doesn’t mean that some aren’t worth considering. Here’s why.

We’ve all seen movies depicting employees whipping out the corporate credit card to pay for extravagant meals and entertainment. Business owners shudder at these scenes, and they should. The Association of Certified Fraud Examiners tells us that 15 percent of all employee expenses can be categorized as fraud. In another study, 66 percent of employees …

Pre-paid cards can be loaded with money and used anywhere you would use bank debit cards. While easy to use, there are problems with prepaid debit cards.

The Consumer Financial Protection Bureau is set to propose new rules for holders of prepaid debit cards, including better protections against lost or stole cards.

It's important to understand the pros and cons when considering a prepaid debit card.

Competition has helped drive down fees and increase transparency on prepaid debit cards, but new studies show that some cards still deliver little value for the cost.

Protecting your personal information can help reduce your risk of identity theft. There are four main ways to do it: know who you share information with; store and dispose of your personal information securely, especially your Social Security number; ask questions before deciding to share your personal information; and maintain appropriate security on your computers and other electronic devices
Lock your financial documents and records in…

There's a lot of confusion going on around the new EMV chip debit cards. Here's an in-depth look at what the chip debt cards are, the history behind their creation, and how this affects you.

For many people, debit cards are the perfect plastic. They offer most of the conveniences of credit cards with no risk of accumulating debt. But like credit cards, debit cards are vulnerable to rip…

A global health pandemic hasn’t stopped scammers from creating clever ways to cheat people out of their money. Since the pandemic started in 2020, consumers have reported losing nearly $75 million to vacation schemes, according to the Federal Trade Commission
And those are just the people who reported losses. Typically, thousands more are too embarrassed to reveal they were swindled by scammers. As the world opens…

Avoid 'Dirty Dozen' Tax Scams Listed By The IRS
Every year, scam artists become more sophisticated, using complex methods to steal identities, generate fake tax refunds, and otherwise profit through illegal means. The IRS recently posted the following "Dirty Dozen" list of tax scams to avoid in 2014
1. Identity Theft. At the top of the list is tax fraud through the use of identity theft…

So you’re traveling! New adventures and new places await… but there’s some things to consider before you pack the bags and fly the coop. Here’s a few tips for dealing with credit cards, debit cards, and all things banking when hitting the road. “Hey bank? I’m traveling.” It’s important to inform your bank of…Continue Reading

For many people today, a debit card has become the go-to way to pay. In fact, Americans now use debit cards more than twice as often as credit cards,.

As more and more people routinely use credit cards, debit cards and other forms of electronic payment for everyday monetary needs, paper cash is becoming less and less of a necessity. Why would you bother to find exact change in line at the coffee shop and hold up all other patrons in the process when… Read the Rest »

Didi Chuxing, the China-based ride-hailing company with global reach, is offering bank accounts with prepaid debit cards to drivers in Brazil and Mexico. The

For customers who lose their debit cards, a visit to a nearby branch is often the quickest way to resolve the situation. The challenge is banks are less likely

Very recently another major breach of payment card data was made public, this time by Arby’s. The breach compromised more than 355,000 credit and debit cards at Arby’s 1100...

Follow these tips to help you avoid surprises and potential issues with your debit card while traveling. If you’re planning... Read More

Your debit card is tied to your savings or checking account. If a lost debit card is not reported someone may be able to easily access your personal funds.

Prepaid card users are targets. Don’t let a thief swipe your money when you swipe your card.