On November 19, UniRush and Visa announced that they will continue their longstanding relationship and that they will be expanding the features available on the Prepaid Visa Rush Card. Read More
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Study Shows Prepaid Debit Cards are Cheaper then Checking Accounts
A 2009 study conducted by Bretton Woods, Inc., a management advisory firm, found that for the average checking account holder who maintains a low balance, prepaid debit cards are actually a cheaper option to a traditional checking account. The study compared
Sales of Store Gift Cards Fall While General Purpose Gift Card Sales Rise
Research for the 2009-2010 Holiday season indicates that that consumer spending on store gift cards is projected to fall by approximately 7% as compared with previous years. While sales of store-specific prepaid gift cards are expected to decline, sales of general purpose cards are expected to rise by 3% over
Prepaid Card Association Publishes Leading Practices for Prepaid Card Disclosures
The Network Branded Prepaid Card Association published guidelines on September 29, 2009 aimed at Network Branded prepaid debit cards within the general purpose reloadable cards industry. These guidelines are designed to set industry-wide disclosure standards to guide purveyors of branded
Tips for Prepaid Gift Card Shopping for the Holiday Season
Prepaid gift cards are a staple of the holiday season. They’re easy to purchase and to give as gifts, and show the thoughtful care that goes into selecting exactly what’s right for a friend or family member, without having to worry about buying the wrong fit, color, or model. Best
Study Shows Overdraft Fees Skyrocketing
According to an October 2009 Studies Show Consumers Confused by Gift Cards
A study conducted by the Consumer Federation of America in October 2009 demonstrated the possibility that numerous consumers are harboring misconceptions about prepaid gift cards. The gift card market is a large market, with approximately $50 billion dollars slated to be
Prepaid Debit Card Usage on the Rise
According to an article published in the Washington Post, prepaid debit card usage is on the rise. In 2008, consumers added $8.7 billion dollars worth of funds to credit-card-branded prepaid cards, doubling the approximately $4 billion dollars in deposits in 2007. Read More
Does a Prepaid Debit Card plus a Money Management equal a Better Bank Account?
While traditional banks have been forced to cut high overdraft fees due to negative publicity and customer dissatisfaction, some believe that this doesn’t go far enough towards protecting consumer’s from unfair fees and improper charges. For those who want an alternative to traditional banking or credit cards, with all the
Are 0% Balance Transfer Offers Really Free?
Paying off credit card debt with 0% interest is a dream come true – which is exactly why a large number of credit card companies offer the promotions. They know it will attract new customers who have debt with other credit card companies to transfer that debt to their