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    Stimulus Payment Prepaid Cards–Who Gets Them and How They Work

    The second Covid stimulus checks are here, but they’re not always checks. Here’s the critical information on payments sent by prepaid cards. If you’re eligible for the second round of Coronavirus stimulus checks, you might have been one of the 8 million Americans whose check was actually a prepaid card. Although the IRS and Treasury Department issued […]

    Use Prepaid Cards To Budget Holiday Spending

    Use Prepaid Cards to Take the Stress Out of Holiday Spending

    Holiday gift-buying can derail your financial planning. Prepaid cards can provide some tools to help keep on track and lower the stress. It’s the most wonderful time of the year. And most Americans dread it, according to a Lending Tree poll. Why? In a word–overspending. Most consumers feel under pressure to buy holiday gifts for family […]

    Number of Unbanked Grows Amidst the Pandemic

    Last month, the FDIC released its biennial survey data showing that the number of unbanked U.S. households dropped to 5.4%–its lowest level since the survey was started in 2009. The term “unbanked” refers to households without an account at any bank or credit union. But that may be changing during the COVID-19 pandemic. According to […]

    COVID hasn't killed cash

    COVID Hasn’t Killed Cash

    While the pandemic has caused disruptions throughout the economy, cash isn’t one of its casualties. According to Atm Marketplace, “The amount of U.S. currency in circulation just skyrocketed with the COVID shutdown in March,” [David] Lott [payment risk expert for the Federal Reserve Bank of Atlanta] said, and in October, U.S. currency totaled $2 trillion. […]

    Teaching Kids About Money

    6 Factors for Choosing the Right Prepaid Card for Your Teen

    If you’re looking to teach your children about money, prepaid cards for teens may be right for the job. Here are key factors to consider. It’s hard to navigate the world with cash alone. These days, money is more likely to change hands through plastic and digital wallets than with coins and bills. That’s as […]