This statistic presents the main reasons for using prepaid cards by underbanked households in the United States in 2013. It was found that 39 percent of the U.S. underbanked households (having an account at an insured banking institution, but have also using financial services and products from non-bank, alternative financial services) used prepaid cards to pay for everyday purchases or to pay for bills.
Reasons for prepaid card use by underbanked households in the United States in 2013
Total number of survey respondents: 40,998. Among households which used prepaid card in the previous 12 months. 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.
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FDIC. (October 29, 2014). Reasons for prepaid card use by underbanked households in the United States in 2013 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/416542/reasons-for-prepaid-card-use-underbanked-households-usa/
FDIC. "Reasons for prepaid card use by underbanked households in the United States in 2013." Chart. October 29, 2014. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/416542/reasons-for-prepaid-card-use-underbanked-households-usa/
FDIC. (2014). Reasons for prepaid card use by underbanked households in the United States in 2013. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/416542/reasons-for-prepaid-card-use-underbanked-households-usa/
FDIC. "Reasons for Prepaid Card Use by Underbanked Households in The United States in 2013." Statista, Statista Inc., 29 Oct 2014, https://www.statista.com/statistics/416542/reasons-for-prepaid-card-use-underbanked-households-usa/
FDIC, Reasons for prepaid card use by underbanked households in the United States in 2013 Statista, https://www.statista.com/statistics/416542/reasons-for-prepaid-card-use-underbanked-households-usa/ (last visited November 22, 2024)
Reasons for prepaid card use by underbanked households in the United States in 2013 [Graph], FDIC, October 29, 2014. [Online]. Available: https://www.statista.com/statistics/416542/reasons-for-prepaid-card-use-underbanked-households-usa/
