Watch out for overdraft charges as a result of debit card spending. It could cost you hundreds of dollars.

Prepaid debit offers opportunities for those without checking accounts.

A couple of weeks ago, I went to Staples and bought some items that were eligible for a rebate. This is a nearly $20 rebate we’re talking about, so I was pretty pleased. Definitely worth the trouble to take three minutes to fill out the online rebate form. I did this only to find out that my rebate is going to come in the form of a debit card that can only be used at Staples.
I was kind of miffed. After all, it used to be that rebates came in the form of checks. They arrived, you deposited the money …read more

Credit cards don’t just strong-arm people; they strong-arm businesses, too. Or at least try to. Back in the day, MasterCard tried to force businesses to accept debit cards branded with MasterCard at businesses where those credit cards were accepted. Many businesses (including Wal-Mart) took umbrage, claiming that the move created, in effect, a trust situation and tied the acceptance of debit to the acceptance of credit cards. Businesses claimed MasterCard was threatening them with revocation of the ability to accept its credit cards if they did not also accept branded debit cards.
In 1996, an antitrust suit was filed. In 2003, …read more

Where should you keep your cash?

Review your situation before accepting a tax refund anticipation loan, and determine if it really is what’s best for you.

Proof that bankers ought not be musicians too.
Wasn’t this a Schoolhouse Rock episode?

Kidding aside, I agree that using a debit card is one of the best ways to keep your spending in check. Or, if you have a sprinkling of self-discipline, it’s even better to use a credit card that offers rewards, but keep track of your charges as if you’re using a debit card.
Subtract each purchase from your running balance throughout the month and when the bill comes, pay it in full. It’s the best of both worlds.