Detailed text transcripts for TV channel - MSNBC - 20130728:14:37:00
Earned at your job. here's an example of fees on a card issued by netspend, the largest issuer of payroll cards in the country. $1 per purchase. $2 per purchase if you enter your pin. $2.50 to withdraw from an atm. $1.95 for an instant bank transfer. $15 for an overdraft. $5.95 if you don't use your card for 90 days. and the fees together can add up to $30 a month or more. that's more than four hours of work at the minimum wage. the cards aren't new, but they're being used more widely. $34 billion was loaded onto 4.6 million active payroll cards in 2012. those numbers are expected to more than...