Prepaid debit cards – When should you use them and when not

While a conventional debit card is linked directly to your checking account, a prepaid debit card needs to be loaded with the required amount of funds, for it to be used at various online/offline merchant establishments. Going by the statistics revealed by Pew Charitable Trusts, as many as 23 million US citizens make regular use[…]

All that you should know about prepaid debit cards

Contrary to the popular belief, debit cards and credit cards aren’t the only plastic cards you can use to make your online/off-line purchases. Prepaid debit cards have gained immense popularity over the past decade and are today used as one of the most productive tools for money management. While these cards once used to be[…]

MasterCard Extends Zero Liability to ATM and PIN

Having zero liability may not sound important, but you might be singing a different tune if you suddenly discover that you have become the victim of fraud or if your credit card account becomes compromised in some way. When you have zero liability, you will not be held responsible for transaction that you do not[…]

How Carrying a Credit Card Balance Affects Your Credit Score

Your credit score is not something magically assigned to you for no reason. It comes from a string of events, many of which you have control over, and it has a dramatic impact on your overall financial health. Once you realize the amount of control that you have, much of which comes from understanding how[…]

The Benefits of Using William Paid for Rent Payments

No one likes checks anymore.  They’re the least popular kid at the party, the one people keep having to invite but no one likes.  They’re antiquated, inefficient, and don’t earn points.  Why would anyone like them? That’s where William Paid comes in handy, when you need to pay that monthly bill everyone hates- rent.  William[…]

American Express Serve: Prepaid Debit at its Best

With prepaid debit cards making a huge dent in the way people are using credit and spending money, American Express offers up the American Express serve card, a prepaid debit card with some very attractive features. Prepaid debit cards are great for people with limited budget, tight constraints on spending, poor credit, or those who[…]