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# Suze Orman Discusses Her New Debit Card

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<!-- video src="https://cdn.jwplayer.com/manifests/fTS8OHRY.m3u8" -->
## Video: Suze Orman Discusses Her New Debit Card

[Watch (HLS stream): Suze Orman Discusses Her New Debit Card](https://cdn.jwplayer.com/manifests/fTS8OHRY.m3u8) (1:23)

![Suze Orman Discusses Her New Debit Card](https://cdn.jwplayer.com/v2/media/fTS8OHRY/poster.jpg?width=720)

_Published 2012-01-09. Personal finance expert Suze Orman talks about what makes her pre-paid debit card unique_


---

Jul 27, 2023 3:21 PM UTC

---

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### 10 Questions For Suze Orman

[Heroes and Icons: Suze Orman](/video/h42X8O1r/)

### Heroes and Icons: Suze Orman

---


## Transcript

Does the world really need another credit card? No, the world does not need another credit card. What the world needs is another vehicle, whether it's a prepaid debit card or debit card, To get people to pay in cash. People have got to learn if they don't have cookies in the cookie jar, they can't eat a cookie. So yours is different, yours is a debit card, you got to put money in, in order to buy anything. But mine isn't just any other prepaid debit card. In my opinion what happened years ago was that these prepaid debit cards came out. Many of them with fees of anywhere from $ 13 to $ 50 a month, which is what the consumer is paying.

I came out with a card which absolutely levels the playing field. I think people should have a card that is better than cash. I think people should have a card that gives them things for free such as identity theft protection, rather than paying 14 dollars a month for certain things they should get it for free. I think the system has got to change. So this is an Occupy credit card. This is an Occupy debit card. A debit card that serves as a bank that you can put in your pocket. There is a three dollar a month charge and that's all it will cost you if you use it like I tell you to. But once we start making money, and I hope we make money, the $ 3 will go away.

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