Are prepaid debit cards important?
The short answer? YES!
Consider your biggest competitor, H&R Block. In 2013 alone, more than 2 million H&R Block Refund Transfer customers received their tax refunds on H&R Block's own prepaid debit cards!
Put another way, that's more than 1 in 3 (over 33%!) Block RT customers that are now accustomed to receiving tax refunds on a debit card. One more fun fact... in 2013, less than 10% of Block RT customers requested checks.