People turn to prepaid credit cards form different reasons. For example: they are unable to get a checking account or they are teaching their children to be responsible with money by limiting what they spend.
Entries Tagged as 'Mastercard'
Pre-Paid Credit Cards Not Covered by New Credit Card Legislation
July 1st, 2009 · 1 Comment · Banking, Credit Cards
Tags: consumer protections·Credit Card Accountability Responsibility And Disclosure Act·Debit Cards·Mastercard·prepaid credit cards·reloadable cards·Visa
A history of how each credit card type was created
March 26th, 2008 · No Comments · Credit Cards
I learned some interresting history the other day. Here’s the blame list for credit cards:
*Diner’s Club was the first charge card. It did not, originally, allow balance carry month-to-month.
*First Interstate Bank created MasterCard.
*Bank of America created Visa.
*Sears created Discover and it is still owned by Sears Holding Corp it’s shadow parent company in [...]
Tags: Diner's Club·Discover·History Credit Cards·Mastercard·Visa
