Why is there no monthly fee for Texas residents for the American Express prepaid debit cards?

+1 vote
asked Feb 25, 2018 in Credit by Grahlu (51,270 points)
Why is there no monthly fee for Texas residents for the American Express prepaid debit cards?

1 Answer

0 votes
answered Mar 1, 2018 by Niko (18,430 points)
The State of Texas makes it illegal to place fees on debit cards to use them.

So that's why there's no monthly fees to Texas Residents to use an American express or other prepaid debit card.

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