By MyBankTracker  Updated on Wed Jan 9, 2013

BancorpSouth to Launch Prepaid Debit Cards

Mississippi-based BancorpSouth plans to launch the new BancorpSouth Prepaid Card, a new prepaid MasterCard debit card that acts as an alternative for those who don’t have access to traditional checking accounts.

“The Prepaid Card program puts customers in control of their funds, and having no minimum balance or overdraft fees make the cards ideal for budgeting, travel and students,” said Derek Caswell, BancorpSouth’s Vice President in Retail Banking in prepared remarks. “The program also allows customers that cannot get approved for a checking account to establish a relationship with the bank.”

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