Comments on: Study Finds Prepaid Cards Less Expensive Than Debit Cards from Banks http://almostfrugal.com/2009/10/30/prepaid-cards-less-expensive-debit-cards/ Learning about frugality Wed, 25 Apr 2012 20:11:06 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Erin @ Doubled Uphttp://almostfrugal.com/2009/10/30/prepaid-cards-less-expensive-debit-cards/#comment-5899 Erin @ Doubled Up Sun, 01 Nov 2009 00:05:45 +0000 http://almostfrugal.com/?p=3720#comment-5899 Thanks for sharing that.... I'm off to do a little experiment! Thanks for sharing that…. I’m off to do a little experiment!

]]> By: iamtheworkingpoorhttp://almostfrugal.com/2009/10/30/prepaid-cards-less-expensive-debit-cards/#comment-5896 iamtheworkingpoor Fri, 30 Oct 2009 21:35:23 +0000 http://almostfrugal.com/?p=3720#comment-5896 Wow, there are a lot of fees on those prepaid cards. I use a debit card from my bank that is FREE. I update the checkbook each time I use it so there are no overdraft fees. The atm at the bank is free to use. Most counties have at least one bank with a free checking account. It's worth shopping around before choosing a bank. .-= iamtheworkingpoor´s last blog ..<a href="http://iamtheworkingpoor.blogspot.com/2009/10/just-starting-out.html" rel="nofollow">Just Starting Out</a> =-. Wow, there are a lot of fees on those prepaid cards. I use a debit card from my bank that is FREE. I update the checkbook each time I use it so there are no overdraft fees. The atm at the bank is free to use. Most counties have at least one bank with a free checking account. It's worth shopping around before choosing a bank.
.-= iamtheworkingpoor´s last blog ..Just Starting Out =-.

]]> By: Credit Card Chaserhttp://almostfrugal.com/2009/10/30/prepaid-cards-less-expensive-debit-cards/#comment-5895 Credit Card Chaser Fri, 30 Oct 2009 07:47:33 +0000 http://almostfrugal.com/?p=3720#comment-5895 I personally use 2 different cash back credit cards so that I can save 1% to 3% on everything I buy. I find this stat very interesting: "The study found that using debit cards from banks will typically cost a consumer up to $350 each year. Those fees come from overdraft charges, minimum balance fees, and automatic teller machine (ATM) fees." Those are all fees that one shouldn't ever have to pay if they are managing their money responsibly but I guess a prepaid card could force one to manage their money better which is a good thing. .-= Credit Card Chaser´s last blog ..<a href="http://www.creditcardchaser.com/think-you-could-go-into-massive-debt-while-making-10-millionyr/" rel="nofollow">Think You Could Go Into Massive Debt While Making $10 Million/Yr?</a> =-. I personally use 2 different cash back credit cards so that I can save 1% to 3% on everything I buy.

I find this stat very interesting:

“The study found that using debit cards from banks will typically cost a consumer up to $350 each year. Those fees come from overdraft charges, minimum balance fees, and automatic teller machine (ATM) fees.”

Those are all fees that one shouldn’t ever have to pay if they are managing their money responsibly but I guess a prepaid card could force one to manage their money better which is a good thing.
.-= Credit Card Chaser´s last blog ..Think You Could Go Into Massive Debt While Making $10 Million/Yr? =-.

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