The pursuit of the underbanked continues with the announcement of a new, prepaid card from Green Dot and UniRush.
The card, the RushCard Live Reloadable Visa Card, is expected to be launch later this month, when it will be made available through Green Dot’s retail partners across the U.S. Some of the features of the new card include:
- No overdraft fees or interest charges
- Early payroll direct deposit
- Pass-through FDIC insurance coverage
- Access to more than 22,000 ATMs without having to pay a transaction fee
- Online bill pay
UniRush was founded in 2003, and was among the first companies to develop a prepaid Visa debit card. Headquartered in New York and Cincinnati, the company is focused on serving the more than 48 million consumers who do not have access to traditional banking services.
In business since 1999, Green Dot Corporation is a bank holding company based in Pasadena, California. It’s line of branded, prepaid debit cards and services are available at more than 60,000 retail locations across the U.S., such as Walmart, Fred Meyer, and Rite Aid. Green Dot’s prepaid cards are also available online.
Green Dot is also among the companies scheduled to demo at FinovateSpring this May in San Francisco. To learn more about FinovateSpring, and to save your spot, visit our information page here.