Why buy a bankcard...
06-07-2007, 08:16 AM
#11
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Gift cards, Budgeting, etc.
College Students, mainly who's parents don't trust them with cash or would like to track there spending. Also gives the parents more security than having a bank account that could possibly be over drawn.
Maybe people who have no credit history, trying to establish some - or buy things where credit cards are the only form of payment accepted.
College Students, mainly who's parents don't trust them with cash or would like to track there spending. Also gives the parents more security than having a bank account that could possibly be over drawn.
Maybe people who have no credit history, trying to establish some - or buy things where credit cards are the only form of payment accepted.
06-07-2007, 08:17 AM
#12
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banks/creditunions wont let some people open bank accounts even if they have cash?? 
i opened up my first checking account at Bank of America with a measly $700 when i was 17. i had zero credit history and all of $700 cash to my name :hs:
i opened up my first checking account at Bank of America with a measly $700 when i was 17. i had zero credit history and all of $700 cash to my name :hs:
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R.I.P. Huan Vo aka woong
01.14.1979 - 11.19.2008
In Loving Memory
R.I.P. Huan Vo aka woong
01.14.1979 - 11.19.2008
06-07-2007, 08:21 AM
#13
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Seems to be common with the people that don't know how to use a ledger or at least know what they've spent.
06-07-2007, 08:21 AM
#14
Checking it twice
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I opened my first bank account with something like $5.00 but that was back when the banking industry wasn't charging a $5.00 fee for everything. We didn't have bankcards back then either, and gas was 19 cents for a gallon of regular and Sunoco 260 was a 25 cents a gallon.
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06-07-2007, 11:38 AM
#16
We got this
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I think its for people with really bad credit and also I think its a good idea for online accts I never want to use my acct online but if its only a couple bucks I dont mind
06-07-2007, 11:46 AM
#17
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$700??? hahahahah i opened my first account with a truly measly amount of $35.00