Debit Card

Money Matters
4:00 am
Tue February 21, 2012

Should you use debit or credit?

Carl Glover flickr.com

When you're not paying with cash, do you prefer a credit card or a debit card?

Organizations such as the Better Business Bureau and Consumer Reports prefer the security of credit cards. 

On this week's Money Matters, financial commentator Greg Heberlein and KPLU's Dave Meyer agree that credit cards offer the most security and benefits, but find debit cards still have a useful role to play.

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Business
11:16 am
Fri July 15, 2011

Wash. pays JPMorgan more for electronic benefits than other states

OLYMPIA, Wash. – JPMorgan Chase charges Washington approximately 700-thousand dollars a month to issue food and cash welfare benefits via debit card. But public records show Washington is paying a premium compared to other states. Olympia Correspondent Austin Jenkins continues our coverage of Washington’s electronic benefits program.

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Welfare benefits
10:38 am
Thu July 14, 2011

State pays a premium for use of debit card service

OLYMPIA, Wash. – Washington spends nearly four times what Michigan does to provide food and cash benefits via debit card. That’s just one of the findings in a recent survey of what states are paying large financial institutions to provide welfare benefits electronically.

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Welfare Cards
7:56 am
Wed December 15, 2010

Welfare cards used at out-of-state liquor stores, strip clubs

Portland's Safari Club was one strip club where a welfare debit card was used to withdraw cash.
Chris Lehman N3

Some Washington welfare recipients are withdrawing cash at out-of-state liquor stores, smoke shops and even strip clubs. That’s the finding of a public radio investigation into welfare debit card use outside Washington’s borders. The finding comes at a time when the state’s welfare program is $82 million in the red.

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