Markets

5 Ways Banks Can Wipe Out Your Savings Account

[credit provider=”Flickr via jmsmith000″ url=”http://www.flickr.com/photos/jmsmith000/4594837300/in/photostream/”] Personal finance isn’t supposed to be a risky venture.It’s not like sky diving, bungee jumping, or even a crazy night in Las Vegas, throwing caution (and money) to the wind. We like to know that investing our money is safe, tucked away secure in our […]
5 Ways Banks Can Wipe Out Your Savings Account
Markets

Prepaid Debit Cards Are Getting Better All The Time

[credit provider=””>Daniel Goodman / Business Insider”] Experts we’ve talked to say the age of the prepaid debit card has finally arrived.The new Bluebird card from American Express and Walmart got rave reviews as it cuts fees to $2 for ATM withdrawals and $3 per month for usage. Chase’s Liquid card also earned high […]
Prepaid Debit Cards Are Getting Better All The Time
Markets

Now We Know How Banks Plan To Make Up For All That Lost Overdraft Fee Revenue

[credit provider=”Flickr / williamhartz” url=”http://www.flickr.com/photos/whartz/1255279932/in/photostream/”] Hot on the heels of American Express, JPMorgan Chase rolled out plans for a new line of prepaid debit cards this week. From the business side of things, it’s a savvy move for a couple of reasons, which Reuters’ David Henry points out: 
Now We Know How Banks Plan To Make Up For All That Lost Overdraft Fee Revenue
Markets

Credit Lenders Are Already Back To Wooing College Students With Prepaid Cards

[credit provider=”Flickr / breezy421″ url=”http://www.flickr.com/photos/breezy421/4892362165/in/photostream/”] Federal law now prohibits lenders from using certain tactics to market credit cards to young adults, so now some major lenders are looking for new ways to make a name for themselves on college campuses across the country.One new strategy is partnering with colleges to make […]
Credit Lenders Are Already Back To Wooing College Students With Prepaid Cards
Markets

AmEx Is Souping Up Its Prepaid Debit Cards To Help Consumers With Thin Credit Files

[credit provider=”Flickr / Images_of_Money” url=”http://www.flickr.com/photos/[email protected]/5856793551/”] American Express is enhacing its prepaid debit cards to encourage consumers to build a financial history with the company. The Make Your Move program incentivizes prepaid customers to use their cards responsibly with higher ATM withdrawals and more cash loading options, among other perks, said VP of […]
AmEx Is Souping Up Its Prepaid Debit Cards To Help Consumers With Thin Credit Files
Markets

3 Credit Card Services You Should Avoid Like The Plague

[credit provider=”TheApprovedCard.com” url=”http://theapprovedcard.com/whychoosetac/saferthancash/”] Everyone likes to complain about how their credit card is ripping them off, but what they don’t realise is that it really, probably is.Credit card issuers profit by squeezing as much money as they can out of you, the consumer.
3 Credit Card Services You Should Avoid Like The Plague
Markets

Virginia Residents Are Sounding The Alarm On Prepaid Debit Card Fraud

[credit provider=”NBC12″ url=”http://www.nbc12.com/story/17039624/pre-paid-debt-caid-warning#.T04wc21DDow.twitter”] As if legit prepaid debit cards weren’t rigged with enough booby traps as it is, Richmond, Va. consumers have sounded the alarm over an influx of fraudulent card offers turning up in mailboxes, NBC News 12 reports. The offers are usually addressed to fictitious names and are […]
Virginia Residents Are Sounding The Alarm On Prepaid Debit Card Fraud
Markets

George Lopez Is Hopping On The Prepaid Card Bandwagon

[credit provider=”mango” url=”https://www.mangomoney.com”] Following in Kim Kardashian and Suze Orman‘s footsteps, comedian and actor George Lopez launched a prepaid card with Mango Financial this week. The Mango MasterCard Prepaid Card offers a lot of pros and a handful cons, which means you’d better know the facts before you sign up. 
George Lopez Is Hopping On The Prepaid Card Bandwagon
Markets

You’d Better Think Twice Before Using Prepaid Credit Cards Over The Holidays

[credit provider=”largeprime via flickr” url=”http://www.flickr.com/photos/largeprimenumber/714145920/”] If you’re anything like me, you probably looked at your calendar today and wondered how on earth we could possibly be in holiday-planning territory already.   Twitter is buzzing with Black Friday tips and every deal-hound on the web is speculating about what time of […]
You’d Better Think Twice Before Using Prepaid Credit Cards Over The Holidays
Markets

Reasons To Steer Clear Of Prepaid Debit Cards

[credit provider=”flickr/reallyboring” url=”http://www.flickr.com/photos/reallyboring/3312072167/”] It’s safe to say that any card with Kim Kardashian or Twilight characters on the front would be a little difficult to take seriously. Prepaid debit card issuers have been using celebrity faces to market their misleading and expensive cards because their outrageous fees certainly aren’t doing […]
Reasons To Steer Clear Of Prepaid Debit Cards
Markets

The AmEx Prepaid Debit Card’s Dirty Little Secret

[credit provider=”Flickr Clemson” url=”http://www.flickr.com/photos/clemson/2273200482/”] We wrote last week about American Express’ new prepaid debit card, which is being billed as a low-fee, easy-to-understand alternative to the cluttered (and frankly shady) prepaid debit market.We agreed, to an extent: most prepaid cards charge for everything under the sun, including withdrawals, purchases, and balance […]
The AmEx Prepaid Debit Card’s Dirty Little Secret