Wal-Mart, American Express Team on Reloadable Prepaid Card

Wal-Mart and American Express are teaming up on a reloadable prepaid card for shoppers. The two companies said Monday that Bluebird, a reloadable prepaid card which began during a pilot program late last year, will have no minimum balance and no monthly, annual or overdraft fees. The companies say the only fees associated with the card will be transparent and within the user's control, such as out-of-network ATM withdrawals by consumers who don't have direct deposit.