Paying With Plastic

4 Prepaid Debit Card Fees You Should Never Pay

The entrance of mainstream financial institutions transformed the prepaid debit card market. Customers have more options today, and many of the newer cards closely resemble the checking accounts they are replacing.

The big difference is that prepaid cards are more lightly regulated than bank accounts, which is a concern to consumer …

Why Banks Love Debit Cards Again

Debit cards were supposed to be toast. The industry started writing their obituary when financial reform targeted overdraft fees and interchange or “swipe” fees, which had made debit cards extremely lucrative for banks. So …

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