NBCNews.com: Prepaid Debit Cards May Not Be So Bad After All
Prepaid debit cards—criticized by many consumer groups for high hidden fees—may actually be a cheaper option for some Americans, according to report released Wednesday from the Pew Charitable Trusts.
“I was really surprised,” said Susan Weinstock, director of Pew’s Safe Checking Project. “I didn’t know that prepaid cards would be significantly cheaper for people who overdraft—and they are.”
Read the full article at nbcnews.com.
- Prepaid Cards Research Project