Ruling: Prepaid stored-value cards qualify for $250,000 FDIC deposit insurance

[tylerdee]

Gail Hillebrand, spokeswoman for Consumers Union (and publisher of Consumer Reports) is ecstatic regarding this recent ruling by the FDIC.
Basically, this is a huge relief for people who receive payroll deposits or government benefit checks Read more here

[Ian David]

1. Can I put $250,000 on a Hallmark Store card and then use it to buy Webkinz? n/t

[hendo]

2. dude

not webkinz, beenie babies!! Oh wait, that was 10 years ago.

maybe I could stock up on Gamestop giftcards and gift out games and consoles for the next 200 years.