Cash is no longer king when it comes to retail purchases, as debit cards and credit cards continue their takeover of payments.
A new study shows prepaid fees may be lower than checking account fees for certain consumers.
Even before Suze Orman released her “Approved Card,” John Ulzheimer, president of consumer education at SmartCredit.com, was a fierce critic of prepaid debit cards. But having a high-profile personal finance personality like Orman endorse prepaid cards as an alternative to traditional checking accounts and credit cards touched off a barrage of criticism from Ulzheimer and
Looks like personal finance celebrity Suze Orman will be joining Russell Simmons, the cast of Twilight and Lil Wayne in introducing a branded prepaid debit card. Orman’s Approved Card is much like the other entrants in the market, providing the ability to make debit card transactions without a conventional checking account, and charging a la