Page 49 - AAA Magazine – AAA Ohio Auto Club – September 2018

at college often choose prepaid as a separate account that the dependent can easily manage and reload. These cards differ from credit cards because a cardholder is not borrowing money or paying interest on a balance.
Prepaid has also become a popular budgeting tool
for those who want to gain control of their finances and prevent overspending. Card users spend and withdraw their own cash — but only the amount that’s loaded to the card. Travelers often use prepaid to help budget for a trip, then spend stateside or abroad without having to carry cash or a card linked to their primary finances. As a widely accepted form of payment, card users don’t have to worry about where they can spend or access their money. These cards can be used anywhere the major network is accepted — in person or online.
Reloading a prepaid card is easy. Some cardholders automatically load with direct deposit or from a checking or savings account. There also are options to reload prepaid cards with cash or checks. These convenient reload methods save cardholders time and get them access to funds quickly.
Many prepaid cards offer free and simple ways to access and manage account information. Popular card management tools include online account access and smartphone apps to monitor card balance and recent
transactions, plus track spending targets for staying on budget.
Whatever your payment needs, prepaid is the perfect complement to other accounts or the cards found in your wallet.
Enjoy these benefits and more with a AAA MemberPay Visa Prepaid Card. Purchase one at your local AAA store or get more details at AAA.com/MemberPay.
Card is issued by MetaBank®, Member FDIC, pursuant to a license from Visa U.S.A. Inc. and can be used everywhere Visa debit cards are accepted.
No drive-up windows, lines or hassles –
just 24/7 access to your earnings.
Call or go online to open a AAA Deposit Account from Discover Bank today.
1.800.347.7056 | Invitation Code: CLUBPUB
1Annual Percentage Yield (APY) is accurate as of 7/6/18 and subject to change daily without notice. This offer applies to personal accounts only. A penalty may be charged for early withdrawal. Fees could reduce earnings on the account. No minimum balance to open.
2Annual Percentage Yield (APY). Applies to personal accounts only. Advertised Online Savings Account APY is accurate as of 7/6/18 and subject to change daily without notice. APY may change before or after the account is opened. Fees could reduce earnings on the account. There is no minimum deposit required to open the account.
3The APY for the Online Savings Account as of 7/6/18 is more than five times the national average APY for an interest bearing savings account with a balance of $500 as reported by Informa Research Services, Inc as of 7/6/18. APYs are subject to change at any time. Although the information provided by Informa Research Services has been obtained from the various institutions, accuracy cannot be guaranteed.
4Annual Percentage Yield (APY) is accurate as of 7/6/18 for Money Market account balances under $100,000 and subject to change daily without notice.
5Annual Percentage Yield (APY) is accurate as of 7/6/18 for Money Market account balances of $100,000 or more and subject to change daily without notice.
©2018 Discover Bank, Member FDIC.
Discover Bank
12-Month CD
2.31%APY1 Flexible terms from 3 months to 10 years
Online Savings
1.75%APY2 Earn over 5X the National Savings Average3
Money Markets
1.60%APY4 balances under $100,000
1.65%APY5
balances $100,000 and over All APYs as of 7/6/18.
SEPTEMBER 2018 | 47
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