Make payments with fee-free cards of Prepaid Card Holdings

[img_assist|nid=10860|title=|desc=|link=none|align=left|width=100|height=67]A branded prepaid card with no money loading fees, no monthly fee, no card issuance fee and no card activation fee will soon be introduced by Prepaid Card Holdings, Inc. through one of its subsidiaries. The company intends its new product to a particular customer group in America.

Today many prepaid card companies charge up to $4.95 for a cardholder to deposit their own cash onto their prepaid card plus a monthly fee of $4.95 to $9.95 to use the card and a card activation fee up to $9.95. Instead of these fees users of a new card from Prepaid Card Holdings, Inc. will be offered to fund their card with some form of direct deposit. The system will save aforementioned fees as well as time and money. the group eligible for the program includes America's underbanked consumer who receives either a paycheck, benefit check, Social Security or other direct deposit instrument.

According to the statement of Bruce Berman of Prepaid Card Holdings, Inc. there are 100,000,000 underbanked Americans with an alternative low cost banking solution at a time when every penny counts. The target of the company he says is to be known as the company that always gives the consumer a fair shake.