According to a recent survey by the FDIC, 25% of U.S. households are unbanked or underbanked. Unbanked households have no bank account at all. Underbanked households have a bank account, but they still use financial services outside the banking system to make ends meet, such as payday loans. If you’re one of the millions of […]
The first ever traveler’s check was issued on January 1, 1772, by the London Credit Exchange Company. It came into being long before the first credit card in 1958. The question is, are traveler’s checks obsolete or do they still have a place in modern travel? What is a traveler’s check? A traveler’s check is […]
There’s no such thing as a prepaid credit card that builds credit. In fact, the term “prepaid credit card” itself is a misnomer. There are two different products it could be describing: a secured credit card or a prepaid debit card. Read on to learn about the differences, what each can and can’t do, and […]
If you have bad credit, you’ve likely gotten mail offers and seen online advertisements for secured credit cards and prepaid debit cards. Before you jump on an offer, though, it’s important to understand the difference between a secured card and a prepaid card, and which option you need right now. To help you understand, we’ll […]
Sticking to your monthly budget isn’t always easy. If you use credit cards, there’s always the chance that you’ll overspend. Using your debit card to pay for everything can also be risky, with overdraft charges looming if your balance gets low. And the fact of the matter is, you can’t use cash for everything anymore. […]
Prepaid debit cards are becoming more popular as a payment method. More than 23 million people use them regularly (source). For many, they offer a simple money management system. For others, they’re an alternative to other payment methods they either can’t or don’t want to have. In this article, we’ll explore how prepaid debit cards […]
Prepaid cards are one of the newest and fastest growing sectors in the electronic payment business. In 2003, the reloadable cards sector — another name for prepaid cards — was a small niche worth approximately $1 billion. Fast forward to 2012, and the prepaid cards sector was valued at $65 billion. By 2018, the sector […]
You’ve had it. The mob bosses in charge of your money – otherwise known as your bank – have taken you to the cleaners one too many times. They like to post debits before credits and their on-line balances can lag a day behind. You start to ask yourself, Good question. According to a 2013 […]
Prepaid debit cards are an excellent alternative to traditional checking accounts and debit cards. The best prepaid cards offer similar features and perks, such as online bill pay, mobile check deposit, and direct deposit, while avoiding overdraft fees or the need for a checking account. In many ways, prepaid debit cards look and work just […]
Copyright 2021 SuperMoney, LLC. All rights reserved.
SuperMoney is not responsible for third party products, services, sites, recommendations, endorsements, reviews, etc. All products, logos, and company names are trademarks™ or registered® trademarks of their respective holders. Their use does not signify or suggest the endorsement, affiliation, or sponsorship, of or by SuperMoney or them of us. SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). SuperMoney strives to provide a wide array of offers for our users, but our offers do not represent all financial services companies or products.
We endeavor to ensure that the information on this site is current and accurate but you should confirm any information with the product or service provider and read the information they can provide.
