Debit Prepaid Credit Cards

More than 1 in 8 American consumers now carry reloadable prepaid debit cards, according to a new report from Javelin Strategy & Research. Stronger rewards, cheaper fees, and changing attitudes about traditional banks all contributed to the growth of prepaid debit, even during a period that saw many banks shrink the number of their traditional [...]

According to federal court records, Chapter 7 bankruptcy filings outnumbered Chapter 13 filings more than two to one during 2011. Home foreclosures and insurmountable medical bills topped the reasons why many Americans are seeking this last resort for debt relief. Even if you've been dutifully paying your credit card bills every month for years, defaulting [...]

Prepaid credit cards are growing in popularity among consumers fed up with bank fees. In 2011, consumers loaded about $460 billion onto prepaid cards, according to research from Mercator Advisory Group. And by 2016, the amount of money added to prepaid cards is expected to mushroom by almost 50 percent to nearly $685 billion. Prepaid credit cards [...]

Debit card use has increased significantly during the recent economic downturn, particularly for smaller purchases, according to Pulse. But it's too soon to predict the demise of the credit card. For those who use credit responsibly, credit cards are still king. The prudent use of credit cards can help you tremendously when it [...]

If you listen to the media, you'd think we'd all dropped our credit cards in favor of swiping prepaid debit cards instead. Sure, there's plenty to like about prepaid debit cards, but there are various downsides to think about, too. Before you kick your credit card to the curb, take a look at what's hot--and [...]

EDITOR'S NOTE:  THIS CARD IS NO LONGER AVAILABLE.  Click here for the latest offers from Discover.  Discover Card credit card has developed a new kind of teen debit card called The Current Card. Parents set up the Discover Current card account, choose parental controls, and add money to the prepaid card from various sources. Mike [...]

It could very well be one of the most innovative credit cards going right now. It certainly has some of the most interesting concepts behind it. The Eufora Card is a relatively new credit card introduced in October of 2001. Named a 2003 Top Rated Card by CardRatings.com (and one of our featured cards), the [...]

About a year or two ago, I received a letter and a brand new ATM card from my bank. The letter bragged about the new and improved card that could now act as a debit card. So I exchanged the old card for the new one and tore up the letter before throwing it in [...]