Wal-Mart, American Express Team on Prepaid Card
Wal-Mart and American Express said Monday that Bluebird, which began during a pilot program late last year, will have no minimum balance and no monthly, annual or overdraft fees.
Wal-Mart and American Express said Monday that Bluebird, which began during a pilot program late last year, will have no minimum balance and no monthly, annual or overdraft fees.
Americans with limited access to banking services have been turning to prepaid cards for some time, but now Chase is pitching its new prepaid card as a good option even for customers who can get a regular bank account.
CardHub.com recently put five of the most well-known prepaid card issuers under the microscope to see how useful their products are based on fees and features. Which offers the best deal? The answer might surprise you. But the real question is should you use a prepaid card at all.
Green Dot (GDOT) launched its IPO today, issuing 4.56 million shares at $36 apiece. The initial plan was for 3.85 million shares at a range of $32 to $35. In Thursday's trading, Green Dot's shares rose 22%.
Walmart has extended its reach into financial services by taking a minority position in Green Dot, a provider of prepaid debit cards.



