http://www.aprewardscard.com/
This gives out the same rewards as the Kroger card but it maintains the no fee of the Accelapay card.
Free ATMs no fees, if you have direct deposit and live near Krogers this is a home run.
Wednesday, February 27, 2013
First California Bank Exiting Prepaid
Program managers are scrambling to hook up with another bank before they are left dry.
They called off a merger in late January and were linked to a dirty politician recently.
They were the FDIC insurance behind dozens and dozens of cards.
They called off a merger in late January and were linked to a dirty politician recently.
They were the FDIC insurance behind dozens and dozens of cards.
Tuesday, February 19, 2013
NetSpend Sold
TSYS which is a middling card processor who has had their hands in prepaid since the beginning buys Netspend for $1.4 billion cash.
This gives Netspend a necessary piece for the vertical integration needed to stay competitive in the prepaid card market. Now they need a small bank to get that last piece to cut costs to the bone and a distribution partner for free or nearly free cash loads.
I can see both announcements soon before the end of the year. Some small undistinguished but healthy bank in Utah. On the free or nearly free cash reloads - watch for a national chain. 7-Eleven? Target? They could go nuclear and team up with a struggling USPS or maybe one of the banks that have not come out with their own deal - Bank America? Citizens?
Netspend becomes a serious player from this point forward.
This gives Netspend a necessary piece for the vertical integration needed to stay competitive in the prepaid card market. Now they need a small bank to get that last piece to cut costs to the bone and a distribution partner for free or nearly free cash loads.
I can see both announcements soon before the end of the year. Some small undistinguished but healthy bank in Utah. On the free or nearly free cash reloads - watch for a national chain. 7-Eleven? Target? They could go nuclear and team up with a struggling USPS or maybe one of the banks that have not come out with their own deal - Bank America? Citizens?
Netspend becomes a serious player from this point forward.
GoBank Verifies No Chex Just Identity Verification
They just answered me on their Facebook page so this makes Gobank the go to account for anyone on Chex.
You can't overdraft, no fees, very large free ATM network, 3 day remote check deposits, great phone app, direct deposit of course, free cash deposits at Walmart. English speaking customer service.
I cannot see this stumbling like Bluebird. Green Dot has been at this for years and despite what some people say online I have a couple of great support experiences one where the moneypak I bought was no good. I kept the receipt from CVS and Green Dot was able to credit my card the next day. Very impressive I thought the money was lost.
You can't overdraft, no fees, very large free ATM network, 3 day remote check deposits, great phone app, direct deposit of course, free cash deposits at Walmart. English speaking customer service.
I cannot see this stumbling like Bluebird. Green Dot has been at this for years and despite what some people say online I have a couple of great support experiences one where the moneypak I bought was no good. I kept the receipt from CVS and Green Dot was able to credit my card the next day. Very impressive I thought the money was lost.
Friday, February 15, 2013
Is GoBank Really Prepaid?
They have Tweeted that the GoBank account is not a prepaid account. I believe it is in that you cannot overdraft but are they filtering customers with Chex or another service like Simple is?
Unlike Simple whom I believe is just making an effort to leave some risk at the door for their remote check deposit service. GoBank's remote deposit while not instant is long enough for them to have the funds a la Check21 so I do not believe they need to.
Unlike Simple whom I believe is just making an effort to leave some risk at the door for their remote check deposit service. GoBank's remote deposit while not instant is long enough for them to have the funds a la Check21 so I do not believe they need to.
Thursday, February 14, 2013
US Bank Accelapay Card
Still a great card even without free cash loads.
No fees. $1,500 a day ATM withdrawal limits, $3,000 a day purchase limit. Does not appear to have a limit any more. Completely free ATM withdrawals at any US Bank or MoneyPass ATM.
BillPay is through Visa Billeo not as good as the MoneyManager billpay but its completely free.
Cash loaded via Visa Readylink $3.95 a pop - maybe less.
It's an attractive card with US Bank boldly emblazoned on it with Accelapay very lightly written in the top right hand corner - probably a little bit of nail polish remover can kill the accelapay altogether.
It has a mobile app but that doesn't work too well.
No fees. $1,500 a day ATM withdrawal limits, $3,000 a day purchase limit. Does not appear to have a limit any more. Completely free ATM withdrawals at any US Bank or MoneyPass ATM.
BillPay is through Visa Billeo not as good as the MoneyManager billpay but its completely free.
Cash loaded via Visa Readylink $3.95 a pop - maybe less.
It's an attractive card with US Bank boldly emblazoned on it with Accelapay very lightly written in the top right hand corner - probably a little bit of nail polish remover can kill the accelapay altogether.
It has a mobile app but that doesn't work too well.
Wednesday, February 13, 2013
ISIS Cash Card
This card is issued by Chase Bank and is intended to be used with the 'ISIS Mobile Wallet'.
https://www.visaprepaidprocessing.com/Isis/Cash/Pages/Home.aspx
There are no fees unless you don't use a Chase ATM or if the card is completely inactive for more than 9 months.
The card accepts direct deposit but the total balance on the card can't be over $2,500.
I believe to get this you download the ISIS app onto your phone and go from there. It is only available in a few markets right now.
https://www.visaprepaidprocessing.com/Isis/Cash/Pages/Home.aspx
There are no fees unless you don't use a Chase ATM or if the card is completely inactive for more than 9 months.
The card accepts direct deposit but the total balance on the card can't be over $2,500.
I believe to get this you download the ISIS app onto your phone and go from there. It is only available in a few markets right now.
Tuesday, February 5, 2013
iBankUp & UpSide Cards add Remote Check Deposit
Plastyc’s mobile RDC feature allows cardholders to choose between having funds credited to the account in real-time for a fee or waiting five days for the funds to be loaded without a charge. The New York-based company charges 1% of the check’s value for printed payroll or government checks and 4% for other checks.
I don't believe this card is competitive since it charges for ATM usage plus the ATM owners surcharge but their check deposit sliding scale is unique.
I don't believe this card is competitive since it charges for ATM usage plus the ATM owners surcharge but their check deposit sliding scale is unique.
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