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Survey Suggests Prepaid Cards Not Just for Lower Income

Market Rate Insight survey says middle and upper income consumers open to using prepaid cards if their financial institutions provided them.

By David Morrison | Updated on May 25, 2012

A survey sponsored by Market Rates Insight, a financial services research firm, has found that middle and upper income consumers are open to using prepaid cards if their financial institutions provided them.

Conventional wisdom has held that lower income consumers without deposit accounts have been most open to the cards.

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