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There are several prepaid cards that will waive all fees if you have your paycheck direct deposited to the card.With direct deposit, your paycheck will be added to your card on payday.For others it’s simply a distrust of the banking system or frustration with limited hours or the hoops one has to jump through to get service.Whatever the reason, the unbanked often turned to expensive check cashing stores to cash their weekly paychecks.t is estimated that about 40 million Americans do not have a bank account. For many, they are unable to qualify for a bank account because of past bounced checks.
Our 31-Day Money Challenge will help you get out of debt, save more, and take back control of your life. So here are the top free prepaid cards and low fee prepaid cards to consider.A prepaid credit card works very similar to a bank debit or ATM card.Because of this, a no fee prepaid credit card is about as close to a bank account as you can get, without getting a bank account.Here are some other benefits of no fee prepaid cards: We will add additional free and low cost prepaid cards as they become available.
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