Significant restructuring appears to be underway in the personal finance market as major banks look to avoid what’s estimated to be a $9.4 billion revenue loss as a result of the Federal Reserve’s cap on debit card interchange fees that takes effect on October 1, FOX Business News is reporting.

In light of these simultaneous debit card rewards decreases and fee increases, the question that’s being asked: Should consumers be looking for checking account alternatives? This article encourages consumers to consider prepaid card accounts. Why? Because they are not subject to interchange fee caps and can basically serve the same purpose as a checking account.