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At $4.95 a month, JPMorgan Chase's new prepaid card undercuts even its student checking account. But its fee can't be waived with direct deposit or a high minimum balance — to get the card for free, users must link it to a JPMorgan Chase checking account.
May 8 -
With all eyes on Wal-Mart as a potential disruptive force in the banking world, some might overlook major recent innovations coming out of the No. 2 retailer, Target.
December 30
American Express' (AXP) approach to prepaid has hardly been by-the-book, but its latest step is to partner with Barnes & Noble (BKS) on a new reloadable card.
The New York card network said Wednesday that it is marketing a prepaid card in the retailer's more than 500 college book stores.
The Campus Edition Prepaid Card has no monthly fee, putting it in line with a card Amex launched last year with
This week, JPMorgan Chase (JPM)
Early last year, Amex began
"American Express Campus Edition Prepaid Card is a great solution for college students looking for a way to budget and spend wisely," said Laura Kelly, Amex's senior vice president and general manager of the Americas for its global payment options group, in a press release.
