LowCards.com Weekly Credit Card Update–June 20, 2014

Suze Orman's Approved Prepaid Debit Cards are Quietly Discontinued Suze Orman is quietly getting out of the payments business. Starting July 1, Ms. Orman's Approved card, a prepaid debit card aimed at budget-challenged consumers, will no longer work, according to … Continue reading

An Occupy Wall Street Debit Card?

Prepaid debit cards--it seems just about every celebrity has tied their name to one. Justin Bieber. The Kardashians. Magic Johnson. Suze Orman. Even cartoon characters. Now add the Occupy Wall Street folks. It may be hard to believe but on … Continue reading

Justin Bieber Promotes Prepaid Debit Card

The onslaught of celebrities putting their name on a prepaid card continues. Justin Bieber has entered into a partnership with BillMyParents on a new prepaid debit card aimed at teenagers. Bieber will use his social media army, reportedly comprised of … Continue reading

Prepaid Cards Skyrocketing in Popularity

Thanks to regulations and legislation on credit cards, banks are turning renewed attention to an old source of revenue: prepaid cards. Prepaid cards were once the black sheep of the card family, charging high interest rates and fees to consumers … Continue reading

Is There Really Magic in This Prepaid Card?

Another celebrity is entering the prepaid market: Magic Johnson. The NBA Hall of Famer is entering a partnership with OneWest Bank, FSB and introducing a reloadable prepaid MasterCard. The "Magic Card" targets people who don't have a traditional bank deposit … Continue reading