ATB Financial has launched a new corporate giving initiative centered around an innovative online charity portal. ATBCares.com is the bank’s own proprietary destination website where people can purchase charitable gift cards that allow recipients to choose where their donation goes.
“I naively thought that Suze Orman s new prepaid offering would help turn the tide of negativity.”
If personal finance megastar Suze Orman built the perfect way to use money, what would it look like?
Suze Orman is famous for her personal, easy-to-digest, and friendly personal finance advice….
The money guru introduces her first financial product—and vexes some fans……
“(Reuters) – Can those celebrity-linked prepaid cards really help the unbanked?
Lately there have been a spate of them, from Kim Kardashian’s to Lil Wayne’s. When it comes to that newest one, the Approved Prepaid MasterCard issued by the Bancorp Bank and endorsed by personal finance personality Suze Orman, who is also an investor in the product, less is not necessarily more. There are better alternatives.”
Prepaid cards have something of a bad image — hidden fees, no protection if they’re stolen, not a method of building credit — but mark my words, that image is going to improve….
Larger banks may feel threatened by the string of new, aggressively priced prepaid cards, but a group of credit unions is attempting to instead embrace this trend by modifying their ATMs to sell fee-free stored-value cards….