RushCard is to launch a new feature that would
enable its cardholders to get access to their money faster.
The prepaid provider said that members who
have their paychecks and other payments directly deposited on their
RushCard may be able to receive their funds up to two days
early.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Rusell Simmons, founder of RushCard said: “In
an effort to keep our customers out of pay day loans and other high
priced lending products, we’re enabling many of our customers to
access their direct deposit up to two days early.”
The company hopes this new feature will help
cardholders take greater control of their finances by offering
comprehensive budgeting tools, online bill pay and money transfer
services and a range of other money-saving solutions
This new initiative comes after Cards
International reported in December 2011 that the US-based
company became the latest to launch a new tool and cash-back reward
which aimed to helps its member’s budget and save.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
