This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

Green Dot And Walmart MoneyCard Named Best Prepaid Cards For Alternative Checking Account By CardHub

Stocks in this article: GDOT

Green Dot Corporation (NYSE:GDOT) today announced that CardHub’s 2014 Prepaid Cards Report named the Green Dot Everyday Prepaid Card the best card for the Alternative Checking Account category. The Green Dot Everyday Prepaid Card has been the recipient of the “Best Card” recognition in this category in every CardHub Prepaid Card Report since 2011. The Walmart MoneyCard program, managed by Green Dot Corporation and issued by Green Dot Bank, was also named "Best Card" in three award categories, including Alternative Checking Account, Alternative Check Cashing Tool and Access to Electronic Transactions.

“Green Dot is committed to providing our customers with innovative products that help them manage their finances conveniently and securely, so we are delighted to have received this recognition," said Steve Streit, Chairman and CEO, Green Dot Corporation.

The Green Dot Everyday Prepaid Card and Walmart MoneyCard both offer many features with fewer fees, enabling customers to shop online, check their balance from their mobile phone, pay bills and make everyday purchases without requiring a credit check or minimum balance. Green Dot’s customers are never charged overdraft or penalty fees and have access to more than 22,000 surcharge-free MoneyPass ATMs.

CardHub’s report measured the total cost and eligibility of 26 prepaid cards, based on their features and fees. The cards were evaluated using four scenarios that represented the primary usage patterns of prepaid cards: 1) An alternative to a checking account; 2) A tool to give your child their allowance; 3) An alternative check cashing tool and 4) To provide access to electronic transactions.

The full 2014 CardHub Prepaid Card Report can be accessed here.

About Green Dot

Green Dot Corporation is a technology-centric, pro-consumer Bank Holding Company with a mission to reinvent personal banking for the masses. The company is the largest provider of prepaid debit card products and prepaid card reloading services in the United States, as well as a leader in mobile banking with its GoBank mobile bank account offering. Green Dot Corporation products are available to consumers at more than 90,000 retailers nationwide, online and via the leading app stores. The company is headquartered in Pasadena, California with its bank subsidiary, Green Dot Bank, located in Provo, Utah.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,827.75 +12.81 0.07%
S&P 500 2,072.83 +5.80 0.28%
NASDAQ 4,787.3170 +29.0650 0.61%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs