Update 4/18/24: Readers note that the inactivity $5.95 fee dormancy period has changed from $90 days to 60 days, so keep that in mind. There are some other fee changes as well – see pdf link here. [Updated 4/6/16] We’ve... Read More →
Category - Prepaid Cards With High APY’s
Ace Flare Prepaid: 6% APY up to $2,000 ($5 Monthly Fee) + $100 Direct Deposit Bonus
Update 10/23/22: $100 direct deposit bonus is back (ht Dominique) Update 8/2/22: Bonus no longer offered; Update 5/6/22: Signup bonus extended through May 31, July 31, 2022 (ht Alex and Ostrich Rider); Update 1/24/22: Deal is back with... Read More →
[Discontinued] Chase and Starbucks Launch a Prepaid Reloadable Card with No Fees
(Update 6/13/21: Card no longer available for new signups as of June 10, 2021. Hat tip to EosHuffer) Chase and Starbucks have finally launched a prepaid Visa product which was discussed two years ago. This comes on the heels of the... Read More →
[Update] Netspend Neuters their 5% Savings Account (Effective July 1, 2016)
Update 1/5/2021: for anyone still doing this: reader Sexy_kitten7 notes that you no longer earn interest above $1,000, even on funds which were originally earned as interest (previously, only external loaded funds were subject to the... Read More →
[DEAD] Netspend Prepaid United MileagePlus Card Review – Card Now Live
[Update 10/31/19: They’ve now sent out notification that they are closing down this prepaid card. It won’t be possible to load after November, and it’ll close down completely after December.] The MileagePlus GO Prepaid... Read More →
Insight Is Only Closing 5% APY Accounts Opened Online
Insight offers a savings account that earns 5% APY on balances up to $5,000. We’ve previously reported that all of these accounts were set to be shut down on July 1st, 2018 (today). It looks like that isn’t accurate as only... Read More →
Mango Issuing Checks for Some People’s 6% Accounts
Yesterday, Mango sent out an email indicating that all account balances are being zeroed out and reimbursed by way of check. The issues started a couple of weeks ago at which point it appeared they were simply transferring everyone to a... Read More →
Mango Prepaid Switches Backing Bank for their Savings Account
Many readers were alarmed today when they got a text from Mango indicating that their entire savings account had been transferred to the prepaid card. Some also had trouble logging into their Mango account. Mango has belatedly sent out... Read More →
United and Netspend Partner on a Mileage-Earning Prepaid Card
Netspend has partnered with United Airlines to launch a prepaid card which will earn United miles on qualifying purchases. The MileagePlus GO Visa Prepaid Card is set to launch this summer. The card is issued by Republic Bank &... Read More →
Insight 5% APY Prepaid Card on up to $5,000
Update 5/22/18: Insight card no longer comes with a 5% account – DEAD. Originally posted on 3/31/16. Updated and reposted on 5/15/17: Insight card has changed over their backing bank from Axiom to Republic Bank. The 5% savings... Read More →
Insight 5% Account Changes (Need To Move Funds & Open New Account)
Update: This seems to only apply to the cards issued by Axiom Bank. They were apparently already using Republic Bank of Chicago for some cardholders. If you have one of those cards as far as I know nothing will change. You can also... Read More →
Mango 6% Account Changes in Effect, Closing Out your Account
Starting September 1, the Mango 6% savings rate is much harder to get as we need to ACH $800 into the account without ACHing any money out. We wrote about this previously in the post, Major Negative Changes to Mango 6% APY Prepaid... Read More →
Major Negative Changes to Mango 6% APY Prepaid Account
Mango Changes The Mango 6% APY prepaid card has announced two important changes in their terms: New requirements to become eligible for the 6% APY rate Each person can have only one Mango account going forward Direct Link The new terms... Read More →
High-Yield Savings Accounts: Profit per Account
Profit per Account In the post, “Which High-Interest Savings Account Should I Get?” we listed the best options for ordinary savings accounts and also for mega high-yield options which come with strings attached. With the semi-demise of... Read More →
Netspend Allows Savings Account without Direct-Deposit/Upgrade
Multiple readers report that some of the Netspend cards now allow opening the savings account to get 5% interest without the need to first ‘Upgrade’ the account the account with a $500 direct deposit. This is especially... Read More →