Accessible Version - Report to the Congress on Government-Administered, General-Use Prepaid Cards - September 2019
Figure 1. Funds disbursed through prepaid cards in 2018, by program type
Program Type | Billions of dollars |
---|---|
Tax refund | $0.1 |
Payroll | $0.4 |
Veterans | $1.1 |
WIC | $1.2 |
Other | $1.7 |
Cash assistance | $2.3 |
Child support | $13.6 |
Unemployment | $19.9 |
Social Security | $36.2 |
SNAP | $58.2 |
Note: Cash assistance includes Temporary Assistance for Needy Families, Low Income Home Energy Assistance Program, childcare, refugee assistance, and general assistance programs.
Figure 2. Cardholder fees: revenue and average fee charged in 2018, by type of fee
Type of fee | Revenues (millions) | Avg Fee |
---|---|---|
Overdraft | $0.01 | $0.29 |
Routine Monthly | $0.93 | $1.22 |
OTC | $0.40 | $3.94 |
Purchase Transaction | $5.25 | $0.44 |
Penalty | $0.84 | $0.38 |
Customer Service Inquiry | $6.14 | $0.38 |
Account Servicing | $34.1 | $3.13 |
ATM | $75.8 | $0.96 |
Note: Size of bubble represents total revenue from fee.
Position of black dot on vertical-axis represents average fee when charged.
Last Update:
September 11, 2019