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Sunday, March 14, 2010 - 7:46 AM

History of NetSpend

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.
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KenBDGKenBDG3,626 posts since
Nov 29, 2009
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