August 22, 2014
Bieber Fever is spreading to the prepaid card industry.
Teen-focused financial company Bill-My-Parents says Justin Bieber will promote its new prepaid debit card on his social media.
He'll also produce videos about financial literacy for the company.
The 18-year-old pop sensation joins a long list of celebrities who've ventured into the multi-billion dollar prepaid card market, including the Kardashians.
But watch out, these types of cards are often loaded with fees.
The Bieber-endorsed card has a nearly four-dollar monthly fee and a $1.50 A.T.M. withdrawal fee.