Government-Administered, General-Use Prepaid Cards
Accessible Version - Report to the Congress on Government-Administered, General-Use Prepaid Cards - 2017
Maps 1-6. States offering prepaid card funding options
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State | SNAP | Child Support | Unemployment Insurance | TANF | WIC | Tax Refund |
---|---|---|---|---|---|---|
Alabama | 1 | 1 | 1 | 1 | 0 | 0 |
Alaska | 1 | 1 | 1 | 1 | 0 | -1 |
Arizona | 1 | 1 | 1 | 1 | 0 | 0 |
Arkansas | 1 | 1 | 1 | 1 | 0 | 0 |
California | 1 | 1 | 1 | 1 | 0 | 0 |
Colorado | 1 | 1 | 1 | 1 | 1 | 0 |
Connecticut | 1 | 1 | 1 | 1 | 1 | 0 |
Delaware | 1 | 1 | 1 | 0 | 1 | 0 |
District of Columbia | 1 | 1 | 1 | 1 | 0 | 1 |
Florida | 1 | 1 | 1 | 1 | 1 | -1 |
Georgia | 1 | 1 | 1 | 1 | 0 | 0 |
Hawaii | 1 | 1 | 0 | 1 | 0 | 0 |
Idaho | 1 | 1 | 1 | 1 | 0 | 0 |
Illinois | 1 | 1 | 1 | 1 | 0 | 1 |
Indiana | 1 | 1 | 1 | 1 | 1 | 0 |
Iowa | 1 | 1 | 1 | 1 | 1 | 0 |
Kansas | 1 | 1 | 1 | 1 | 0 | 0 |
Kentucky | 1 | 1 | 0 | 1 | 1 | 1 |
Louisiana | 1 | 1 | 1 | 1 | 0 | 0 |
Maine | 1 | 1 | 1 | 1 | 0 | 0 |
Maryland | 1 | 1 | 1 | 1 | 0 | 0 |
Massachusetts | 1 | 1 | 1 | 1 | 1 | 0 |
Michigan | 1 | 1 | 1 | 1 | 1 | 0 |
Minnesota | 1 | 1 | 1 | 1 | 0 | 0 |
Mississippi | 1 | 1 | 1 | 1 | 0 | 0 |
Missouri | 1 | 1 | 1 | 1 | 0 | 0 |
Montana | 1 | 1 | 1 | 1 | 0 | 0 |
Nebraska | 1 | 1 | 1 | 1 | 0 | 0 |
Nevada | 1 | 1 | 1 | 1 | 1 | -1 |
New Hampshire | 1 | 1 | 0 | 1 | 0 | -1 |
New Jersey | 1 | 1 | 1 | 1 | 0 | 0 |
New Mexico | 1 | 1 | 1 | 1 | 1 | 0 |
New York | 1 | 1 | 1 | 1 | 0 | 1 |
North Carolina | 1 | 1 | 1 | 1 | 0 | 0 |
North Dakota | 1 | 1 | 1 | 1 | 0 | 0 |
Ohio | 1 | 1 | 1 | 1 | 1 | 0 |
Oklahoma | 1 | 1 | 1 | 1 | 1 | 1 |
Oregon | 1 | 1 | 1 | 1 | 1 | 0 |
Pennsylvania | 1 | 1 | 1 | 1 | 0 | 0 |
Rhode Island | 1 | 1 | 1 | 1 | 0 | 0 |
South Carolina | 1 | 1 | 1 | 1 | 0 | 1 |
South Dakota | 1 | 1 | 1 | 1 | 0 | -1 |
Tennessee | 1 | 1 | 1 | 1 | 0 | -1 |
Texas | 1 | 1 | 1 | 1 | 1 | -1 |
Utah | 1 | 1 | 1 | 1 | 0 | 0 |
Vermont | 1 | 1 | 0 | 1 | 1 | 0 |
Virginia | 1 | 1 | 1 | 1 | 1 | 0 |
Washington | 1 | 1 | 1 | 1 | 0 | -1 |
West Virginia | 1 | 1 | 1 | 1 | 1 | 0 |
Wisconsin | 1 | 1 | 1 | 0 | 1 | 0 |
Wyoming | 1 | 1 | 1 | 0 | 1 | -1 |
Figure 1. Funds discbursed through prepaid cards in 2016 by program type
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Program Type | Funding | % of Total |
---|---|---|
Tax refund | 127,439,503 | 0.1% |
Payroll | 415,382,423 | 0.3% |
Veterans | 993,356,477 | 0.7% |
WIC | 1,023,999,380 | 0.7% |
Other | 2,346,896,889 | 1.6% |
Cash assistance | 8,498,404,664 | 5.8% |
Child support | 13,618,699,399 | 9.3% |
Unemployment | 20,795,308,198 | 14.3% |
Social Security | 32,218,424,114 | 22.1% |
SNAP | 65,659,922,795 | 45.1% |
Figure 2. Issuer revenue by source, 2016
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CY2016 (Current Year) | CY2015 (Prior Year) | CY2014 (Prior Year) | Change 2015-2016 | Change 2014-2016 | ||||||
---|---|---|---|---|---|---|---|---|---|---|
Variable | Revenue | % of Total | Revenue | % of Total | Revenue | % of Total | YR/YR Change | YR/YR % Change | YR/YR Change | YR/YR % Change |
Revenue Breakout: | ||||||||||
Total Revenue: Fees assessed to government office(s) | $8,111,590.00 | 2% | $8,858,053.97 | 1.7% | $6,436,157.00 | 1.3% | ($746,463.97) | -8.4% | $1,675,433.00 | 26.0% |
Total Revenue: Value of payments and incentives received from PCNs | $23,611,196.00 | 5% | $19,788,617.04 | 3.8% | $16,035,407.02 | 3.3% | $3,822,578.96 | 19.3% | $7,575,788.98 | 47.2% |
Total Revenue: Interchange Fees | $328,228,072.00 | 63% | $330,591,244.97 | 63.1% | $309,641,202.74 | 63.1% | ($2,363,172.97) | -0.7% | $18,586,869.26 | 6.0% |
Total Revenue: Cardholder Fees (Reported Total) | $158,156,378.00 | 31% | $164,607,148.27 | 31.4% | $158,292,913.86 | 32.3% | ($6,450,770.27) | -3.9% | ($136,535.86) | -0.1% |
Total revenue | $518,107,236.00 | 100.0% | $523,845,064.25 | 100.0% | $490,405,680.62 | 100.0% | ($5,737,828.25) | -1.1% | $27,701,555.38 | 5.6% |
Cardholder Fee Breakout: | ||||||||||
Total Revenue: Cardholder Overdraft Fees | $405,288.00 | 0.3% | $93,453.62 | 0.1% | $21,632.08 | 0.0% | $311,834.38 | 333.7% | $383,655.92 | 1773.6% |
Total Revenue: Cardholder Routine Monthly Fees | $505,696.00 | 0.3% | $601,486.55 | 0.4% | $2,568,595.70 | 1.6% | ($95,790.55) | -15.9% | ($2,062,899.70) | -80.3% |
Total Revenue: Cardholder OTC Fees | $514,231.00 | 0.3% | $1,201,110.76 | 0.7% | $1,263,494.80 | 0.8% | ($686,879.76) | -57.2% | ($749,263.80) | -59.3% |
Total Revenue: Cardholder Purchase Transaction Fees | $2,858,524.00 | 1.8% | $3,338,777.28 | 2.0% | $2,798,186.06 | 1.8% | ($480,253.28) | -14.4% | $60,337.94 | 2.2% |
Total Revenue: Cardholder Other Fees | $1,640,896.00 | 1.0% | $3,878,156.67 | 2.4% | $8,912,295.57 | 5.6% | ($2,237,260.67) | -57.7% | ($7,271,399.57) | -81.6% |
Total Revenue: Cardholder Penalty Fees | $2,928,410.00 | 1.9% | $5,847,074.09 | 3.6% | $8,167,019.92 | 5.2% | ($2,918,664.09) | -49.9% | ($5,238,609.92) | -64.1% |
Total Revenue: Cardholder Customer Service Inquiry Fees | $17,193,339.00 | 10.9% | $18,071,546.81 | 11.0% | $18,427,778.06 | 11.6% | ($878,207.81) | -4.9% | ($1,234,439.06) | -6.7% |
Total Revenue: Cardholder Account Servicing Fees | $42,886,353.00 | 27.1% | $42,887,020.44 | 26.1% | $27,433,660.51 | 17.3% | ($667.44) | 0.0% | $15,452,692.49 | 56.3% |
Total Revenue: Cardholder ATM Fees | $89,223,641.00 | 56.4% | $88,688,521.58 | 53.9% | $88,700,251.62 | 56.0% | $535,119.42 | 0.6% | $523,389.38 | 0.6% |
Total Revenue: Cardholder Fees (All) | $158,156,378.00 | 100.0% | $164,607,147.80 | 100.0% | $158,292,914.32 | 100.0% | ($6,450,769.80) | -3.9% | ($136,536.32) | -0.1% |
Figure 3. Cardholder fees: revenue and average fee charged in 2016, by type of fee
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Variable | Revenues | Revenues (millions) | Variable | Jurisdiction | Avg Fee | Position | Black dot size |
---|---|---|---|---|---|---|---|
Total Revenue: Cardholder Overdraft Fees | $405,288.00 | $0.4M | Avg cardholder fee: Overdraft | Total | $0.83 | 1 | 0.15 |
Total Revenue: Cardholder Routine Monthly Fees | $505,696.00 | $0.5M | Avg cardholder fee: Routine Monthly | Total | $2.05 | 2 | 0.15 |
Total Revenue: Cardholder OTC Fees | $514,231.00 | $0.5M | Avg cardholder fee: OTC | Total | $2.25 | 3 | 0.15 |
Total Revenue: Cardholder Purchase Transaction Fees | $2,858,524.00 | $2.9M | Avg cardholder fee: Purchase Transaction | Total | $0.44 | 4 | 0.15 |
Total Revenue: Cardholder Penalty Fees | $2,928,410.00 | $2.9M | Avg cardholder fee: Penalty | Total | $0.61 | 5 | 0.15 |
Total Revenue: Cardholder Customer Service Inquiry Fees | $17,193,339.00 | $17.2M | Avg cardholder fee: Custumer Service Inquiry | Total | $0.40 | 6 | 0.15 |
Total Revenue: Cardholder Account Servicing Fees | $42,886,353.00 | $42.9M | Avg cardholder fee: Account Servicing | Total | $3.10 | 7 | 0.15 |
Total Revenue: Cardholder ATM Fees | $89,223,641.00 | $89.2M | Avg cardholder fee: ATM | Total | $1.00 | 8 | 0.15 |
Last Update:
September 25, 2017