Category: Debit Cards

An Update on ATM Debit Card Theft

An Update on ATM Debit Card Theft

While watching ABC-7 Eyewitness News this morning, I heard the update about how the fraudsters are going after ATMs and debit cards in full force.  To be specific, according to an article at Consumer Affairs, ATMs have been targeted at “independently owned “cash kiosks” common in shopping malls, restaurants, other businesses,” and banks. What is […]

May 20, 2015 | By More
Consumer Advocacy & the Prepaid Debit Card

Consumer Advocacy & the Prepaid Debit Card

To close up our conversation this week on “General Purpose Reloadable” debit cards, I wanted to take a few moments to talk about the other side of the GPR card equation.  To be specific, the activities and comments currently underway with consumer advocates and those government entities that deal with establishing rules for an industry.  […]

October 10, 2013 | By More
Fees & Features on Prepaid Debit Cards

Fees & Features on Prepaid Debit Cards

Welcome back to the world of the “general purpose reloadable” (GPR) debit card.  Today, we’re going to zero in on the various fees and features of GPR cards.  As I mentioned yesterday, the prepaid debit card market has expanded resulting in a larger volume of product available to the consumer.  Since every card on the […]

October 9, 2013 | By More
An Intro to Prepaid Debit Cards

An Intro to Prepaid Debit Cards

When was the last time you received a gift card?  My last gift card was to one of my favorite places – the bookstore.  Although I really appreciate receiving spa gift cards, too.  After all, how often do we spend our own money for a massage or other self-care indulgence? Prepaid debit cards, which include […]

October 8, 2013 | By More
Is Debit Card Fraud Rising?

Is Debit Card Fraud Rising?

Today I wanted to circle back on a conversation we had about debit card use.  (See Post Should You Shop Online With a Debit Card?)   I read an article from the Banker to Banker Newsletter (April 2013), which had additional information I wanted to bring to your attention.  First, let me share some interesting statistical […]

May 22, 2013 | By More
Should you Shop Online Using a Debit Card?

Should you Shop Online Using a Debit Card?

Life is about preference.  The reality is you’re going to do things one way and I’ll do it another.  It’s the way of the world.  And, I’m always about full disclosure here at MoneyBasicsU.  With that said, I want to remind you I prefer using a credit card like a check book in lieu of […]

May 14, 2013 | By More
What’s the difference: Debit Card & Credit Card?

What’s the difference: Debit Card & Credit Card?

Following a meeting the other day, I heard the funniest exchange between colleagues.  Coffee and tea were available for attendees during the meeting if they wished.  Included with the sugar, artificial sweetener, and regular crème, were a few packages of vanilla flavored crème.  The discussion circled around whether vanilla flavored crème should have been made available […]

April 23, 2013 | By More