American Express Prepaid Debit Cards

American express is introducing a pre-paid debit card.

Pre-paid cards allow consumers to load a card with money and only spend that money.

And the cards aren't attached to a bank account, so anyone can use them.

In 2010, there were 65 billion dollars worth of prepaid card transactions, that's up 35 percent from 2009.

Analysts say this could mark the beginning of a shift away from conventional credit cards.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
WTVY-TV 285 N Foster Street Dothan, AL 36303 334-792-3195
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 123838434 - wtvy.com/a?a=123838434