So here are the top free prepaid cards and low fee prepaid cards to consider.
A prepaid credit card works very similar to a bank debit or ATM card.
The weekly trip to a check cashing store takes time and gas.
Unless a post is clearly marked "Sponsored", however, products mentioned in editorial articles and reviews are based on the author's subjective assessment of their value to readers, not compensation.
The key to finding the right prepaid credit card is to find one that charges no fees or very small fees.
All prepaid cards charge various fees, but some of them waive some or all of the fees if you sign up for direct deposit.
t is estimated that about 40 million Americans do not have a bank account. For many, they are unable to qualify for a bank account because of past bounced checks.
Bounce too many checks, and you’ll find yourself in the Chexsystems, which many banks use to evaluate potential new banking customers.
Any opinions, analyses, reviews or recommendations expressed here are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by American Express.