Though prepaid cards — particularly celebrity-endorsed prepaid cards like the short-lived Kardashian Kard — have come under fire for high fees, UniRush LLC says that their customers instead find they save money by using prepaid.
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UniRush, founded by music mogul Russell Simmons, said that in a recent survey, 75% of customers reported saving $300 to $900 a year using the RushCard's money management tools. These tools allow users to set limits for spending in certain categories, including dining and utilities.
Forty-one percent of RushCard customers use the money management pages at least once a week, the survey found.
