Accessible Version - Report to the Congress on Government-Administered, General-Use Prepaid Cards - October 2020
Figure 1. Funds disbursed through prepaid cards in 2019, by program type
Billions of dollars
| Program type | Funding |
|---|---|
| SNAP | 54.9 |
| Social Security | 36.2 |
| Unemployment | 19.0 |
| Child support | 13.6 |
| Cash assistance | 7.7 |
| Other | 2.0 |
| WIC | 1.4 |
| Veterans | 1.0 |
| Payroll | 0.4 |
| Tax refund | 0.1 |
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 2019, by type of fee
| Type of Fee | Average fee (dollars) | Revenues (millions of dollars) |
|---|---|---|
| Overdraft | $0.29 | $0.01M |
| Routine Monthly | $1.14 | $1.50M |
| OTC | $2.19 | $1.45M |
| Purchase transaction | $0.45 | $5.9M |
| Penalty | $0.37 | $0.80M |
| Customer service inquiry | $0.40 | $12.36M |
| Account servicing | $3.01 | $33.3M |
| ATM | $1.20 | $97.37M |
Note: Size of bubble represents total revenue from fee. Position of black dot on vertical-axis represents average fee when charged.
Last Update:
October 09, 2020