The use of prepaid debit cards in the United States from 2013 to 2019 can be categorized by employment status of the household. 8.4 percent of the households in which the family head was employed used prepaid debit cards in 2013, which rose to 9 percent in 2019. However, in particular unemployed households in the United States use prepaid debit cards, amounting to 16.4 percent in 2019. 10.3 percent of prepaid debit card users in 2019 had no high school degree.
Use of prepaid debit card use by households in the United States from 2013 to 2019, by employment status
Unbanked households are those without an account at an insured institution. Underbanked households have an account at an insured institution, but have also obtained financial services and products from non-bank, alternative financial services (AFS) providers in the last 12 months. Households which used prepaid card in the previous 12 months.
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FDIC. (October 19, 2020). Use of prepaid debit card use by households in the United States from 2013 to 2019, by employment status [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/416316/prepaid-debit-card-use-usa-households-by-employment/
FDIC. "Use of prepaid debit card use by households in the United States from 2013 to 2019, by employment status." Chart. October 19, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/416316/prepaid-debit-card-use-usa-households-by-employment/
FDIC. (2020). Use of prepaid debit card use by households in the United States from 2013 to 2019, by employment status. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/416316/prepaid-debit-card-use-usa-households-by-employment/
FDIC. "Use of Prepaid Debit Card Use by Households in The United States from 2013 to 2019, by Employment Status." Statista, Statista Inc., 19 Oct 2020, https://www.statista.com/statistics/416316/prepaid-debit-card-use-usa-households-by-employment/
FDIC, Use of prepaid debit card use by households in the United States from 2013 to 2019, by employment status Statista, https://www.statista.com/statistics/416316/prepaid-debit-card-use-usa-households-by-employment/ (last visited November 21, 2024)
Use of prepaid debit card use by households in the United States from 2013 to 2019, by employment status [Graph], FDIC, October 19, 2020. [Online]. Available: https://www.statista.com/statistics/416316/prepaid-debit-card-use-usa-households-by-employment/