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Kaching!!!Wal-Mart Debit Card
Old 06-21-2007, 03:20 PM   #1
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Quote:
"It generally strikes me as positive. In today's society that is more and more cashless, somebody who doesn't have access to cashless transaction vehicles is at a disadvantage," said Ciccotello, who is director of the personal financial planning program at Georgia State's business college.

The Wal-Mart MoneyCard costs $8.95 to buy and $4.95 for monthly maintenance. Cash can be loaded on the card for free by cashing a payroll or government check at Wal-Mart or direct depositing. Otherwise it costs $4.64 to reload the card.
Talk about a cash cow $8.95+$4.95/month+$4.64+$4.64+....

Not sure how Mr Ciccotello thinks that this is good for folks. This is a card for those who can not qualify for a card. So they stick it to them over and over and over....and the poor folks probably will think that they really have a good deal with their new "card."
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