Experts expect the new product, called the American Express Prepaid Card, to put pressure on competing cards to drastically reduce or eliminate fees. Wal-Mart Stores Inc. had a similar effect in ...

Here are the top prepaid debit cards with no fees: American Express Serve Order your American Express Serve card online and you won’t be subject to the $3.95 purchasing fee.

The American Express Serve® * card is a reloadable prepaid debit card that functions similarly to a basic debit card tied to a checking account at a ... No monthly fee with $500+ direct deposit; ...

What is the Best Reloadable Prepaid Card in February 2025. ... Low fees. Prepaid debit cards often come with fees, and no one likes paying just to access their money.

A woman received a Green Dot reloadable debit card with $100 on it as a gift. But not all gift cards and prepaid cards are designed to work the same. One important difference: Fees.

But the prepaid cards are not required to offer the same consumer protections, such as clear disclosure of fees and caps on losses if stolen. Reloadable prepaid cards, which allow customers to add ...

Last year, Michael Abukhader's 12-year-old son, Jacob, received a $30 NASCAR prepaid Visa card from an aunt who thought it would provide a convenient way to give him cash for birthdays and other ...

— -- New types of prepaid cards are rolling out at a brisk clip, and plenty of people will sign up despite the fees. In general, prepaid cards are gaining popularity. And some, like American ...

SAN FRANCISCO (CBS 5) -- Millions of Americans are replacing their banks and credit cards with prepaid reloadable cards. But many consumer advocates are concerned because of possible fees. Its ...

One difference between traditional credit cards and reloadable prepaid cards: "There is no requirement for a simple fee chart (the 'Schumer box' that you get with credit cards)," says Saunders.

While the Fed declined in 2004 to extend Reg E to cover prepaid cards, citing the “limited” and “short-term” nature of the accounts, Jun argues times have changed. “There have been huge strides in ...

By Heather Larson for Bankrate.comU.S. consumers loaded more than $64 billion onto general-purpose reloadable prepaid cards in 2012, up from $56.8.