Walmart Blue Bird AMEX to be backed by FDIC

LesWH · ‎03-26-2013

http://www.washingtonpost.com/business/economy/wal-mart-and-amex-prepaid-card-gets-fdic-insurance/20...

Interesting!

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Burned2manybridgesB4 · ‎04-05-2013

Kinda scary that they're laundering money through WF, in order to do this. People will wise up, and just deposit directly into WF, and/or do their secured card.

SCoach · ‎04-08-2013

After having banked with Wells Fargo, I will no longer do business with them. I'm not sure what there is to "wise up" to, but I will not be doing any kind of prepaid card (or any other business for that matter) with Wells Fargo.

I also doubt Wells Fargo is offering funding through Vanilla Reload, and I would bet they are not going to offer all the perks AmEx does on their cards.

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