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History of NetSpend

Sunday, March 14, 2010 - 7:46 AM
NetSpend is one of the leaders in the prepaid debit card industry which serves people who don't have or want bank accounts or traditional credit cards.

The unique aspect for savers is NetSpend Savings Plan that pays 5.00% APY. However, as I pointed out in this post, there are fees and limitations associated with this account.

The Austin Statesman just published an interesting article that reviews the history of the Austin-based company and how it has grown into a company with annual revenue of $200 million.
Ken TuminKen Tumin5,469 posts since
Nov 29, 2009
Rep Points: 125,076