RESEARCH from the Project
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- Infographic
- Prepaid Cards Research Project
Infographic: Risky Refunds
What are the risks when consumers receive their tax refund on a prepaid card? The use of general purpose reloadable prepaid cards has grown 600 percent since 2010, and Americans are expected to load over $200 billion on them this year, according to the Mercator Advisory Group. more
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March 5, 2013
Imperfect Protection
General purpose reloadable prepaid cards have rapidly gained popularity. They allow consumers to direct deposit their paychecks and pay their bills online, just like a checking account. But unlike checking accounts that carry up to $250,000 in mandatory deposit insurance per customer, prepaid cards are not required to carry any at all.
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- Infographic
- Prepaid Cards Research Project
Are You Using a Prepaid Card to Buy Holiday Gifts?
Do you know what sort of fees you will pay or what times of consumer protections apply to you?
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September 6, 2012
Prepaid vs. Checking
What kind of consumer are you? How would switching from a checking account to a prepaid card affect the fees you pay when you manage your money? Find out with our new interactive quiz. more
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September 6, 2012
Loaded With Uncertainty
General purpose reloadable prepaid cards are rapidly growing in popularity. This study reveals that the prepaid card is a risky, largely unregulated alternative to the traditional checking account, but may work for some consumers who frequently incur high bank overdraft fees.
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