Prepaid Cards a Comparative Value in Environment of Rising Bank Fees

According to an economic study released today, consumers who choose a reloadable prepaid card to manage their finances could pay far less in fees than if they use low-balance checking accounts or check cashing for similar financial services. The study found that consumers have many affordable options to manage their finances with reloadable prepaid cards and can pay fees as low as about $6 a month or $76.35 per year.

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