Reasons for prepaid card use by underbanked U.S. households 2013

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

Characteristic	Share of households
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-

Download

Source

Show detailed source information?

Already a member?

Source

Use Ask Statista Research Service

Release date

October 2014

More information

Region

United States

Survey time period

2013

Supplementary notes

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.

Citation formats