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(Source: Datamonitor) American Express has announced the introduction of a reloadable prepaid card with no activation or maintenance fees. With this new, consumer-friendly everyday payment card, American Express will further serve new customer segments American Express Serve: the details Serve is American Express' reloadable prepaid card account. It has been available in its current form and fee structure for about a year now. The card works just like an American Express credit card combined with a Over the course of the last few years, there have been some regulations relating to our cards that are Visa or MasterCard or American Express branded. Those are treated differently, particularly if they are what we call GPR, or general purpose reloadable Not all card issuers deposit customers' money in FDIC accounts, though. American Express launched an adult version of its reloadable prepaid card in June 2011, for example, and, as it discloses in the card's terms, "Any funds loaded on your card are not American Express, which is trying to expand beyond the affluent customers it normally lends to, is testing the sale of prepaid cards in some Wal-Mart stores. The New York-based lender is marketing the reloadable cards, which can be used wherever American Many cards are affiliated with popular card networks, such as MasterCard or Visa , and carry those imprints. American Express entered the reloadable prepaid market last year with a card aimed at parents of teens. It added another reloadable prepaid option .
NEW YORK--(BUSINESS WIRE)-- American Express (NYSE: AXP) announced today that the American Express Prepaid Card, a prepaid reloadable Card with no monthly or maintenance fees, will soon be available in retail at select Office Depot stores. The Card will On the surface, a checking account and a reloadable debit card might look similar. Both provide mobile banking, online biilpay and direct deposit. You can even purchase checks with Bluebird by American Express. For the last six months, FindABetterBank has Walmart and American Express announced Monday morning that they would make available a reloadable prepaid card for consumers tired of banking fees. The company said the card is an “alternative to debit and checking accounts” and will be available next NEW YORK — Wal-Mart Stores Inc. and American Express are rolling out a prepaid card that they say offers unique services designed to help shoppers manage and control their finances. The two companies said Monday that Bluebird, begun during a pilot .
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