The prepaid card market continues to grow as more U.S. banks such as BBVA Compass launches prepaid debit cards as alternatives to checking accounts. BBVA Compass Bank (NYSE: BBVA) now offers the BBVA Compass SafeSpend Card, a reloadable prepaid Visa debit card. For a $4 monthly service fee, the SafeSpend Card carries features such as direct deposit, online banking, bill payments, email/text message alerts, unlimited PIN and signature purchases, and funds are insured by the FDIC. Read full story
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