AUSTIN, TEXAS -- MetaBank, I suspect/know why you MetaBank & Netspend are holding my $4500. Due to ending of year 2019, pushing a campaign to bump up stock value. Therefore, "target" cardholders with large balances. Thousands, not hundreds. Mine was over $5000. So instruct subsidiaries, Netspend, other prepaid cards you finance, to send out phishing pop ups $3995, $4995 (suspiciously the cap amount can be withdrawn by Netspend) to Chrome Google browser, so cardholder sees, calls to check balance, Netspend phishers, "we've got a live one" but placates everything is fine. Then cardholder runs scared to bank or other institutions to withdraw all, or as much funds as can in single transaction.
However, Netspend monitoring sees NOW negotiable order withdrawal come up, and thus immediately place "cancelled" on card. Once transaction is refused by bank, Netspend knows bank will advise call card issuer. But Netspend won't answer call 7X, but now with chump change of $2-500. Hundred in account turns card back on to ACTIVE, knowing will likely try other means to get some funds, i.e. ATM $300. I have receipt and Wells Fargo bank employee as witness, Natalie, who assisted me with ATM touchscreen, as I was so upset and distraught over Netspend "cancellation", so unable to properly engage a simple touchscreen.
Let's reason together, if I had card/account info from online, or was a skimmer (as for me I don't carry card around with me so no need of RFID) how could I possibly pull off presenting card ** with my name Duncan ** and commercial driver license picture ID to bank teller, as I've done a few times before, but not at end of year when the Netspend MetaBank stock value campaign was in progress. Then instead of immediately released hold and credited back to card/account "floats" transaction, so shows POSTED by 2:01AM the next day on 12-22-2019. But Wells Fargo Westminster CA VOIDED transaction by end of day 7PM on 12-21-2019 informed on phone by Priscilla.
Furthermore, I returned in person to bank on 12-26-2019 to request ARN (acquirer reference number). But Natalie informed transaction was VOIDED so ARN unavailable. She, Natalie also informed me had received email 12-26-2019 from Netspend corporate/dispute resolution BS or whatever, assured that I, Duncan ** did NOT RECEIVE FUNDS $4500. So why then wasn't a done deal, credit me back on 12-26-2019? Well that's easily answered as still 6 days left until end of year 2019. Gotta make sure stock value shows until end of year, and even until 1-7-2020 just for a little more buffering, or good measure.
Now Netspend/MetaBank has funds in their sordid pool, holding so can show higher asset value, thereby bumping up raising stock value, esp. near year end/final quarter. Whoopee! Then violating card agreement to hold longer even than 10 business days, until 1-7-2020, instead of within 10 business days from 12-22-2019 which would be 1-2-2020. All designed long enough even with extra measure just to make sure show assets inflated at any cost including depriving cardholder of their own money, and cold hearted ** you all are, only days before Christmas! Thus elevating stock value as higher. So you can show on paper, and to stockholders, "Look at how well we ended this year 2019!"
I fell aghast at fees of $517 for 2019 and only until end of November. But oh no, that wasn't enough for you, when even the shadiest credit card companies charge and receive around $100 tops per year! But your little, or more realistically huge ponzi scheme (how many are you compromising out of 10 million cardholders?) isn't going unnoticed. That little slap on the wrist, and nominal fine imposed by FTC on Netspend/MetaBank in 2016, is a prior infraction, that is now under investigation again by FTC, BCFP, BBB and other government agencies. This time you will be shut down, won't live to scam another day, with all your boiler rooms in Chicago, Midwest or subcontracted overseas India.
In the meantime, I want my $4500. credited back to my account #** by start of business day 1-2-2020. I don't wanna hang around for BCFP to kick me some "redress" or dip into their "civil penalty fund". Yes consider this a demand letter of return of $4500 rightfully mine. You and Netspend ought to be ashamed for all the hardship, stress, and time, effort and trouble you've caused me, and countless others. But you probably aren't, 'cause "the horseleech has two daughters, crying give! give!" And now I've been able to assign names to those two leaches: Netspend, MetaBank.
You can check facts of Visa card ** since 12-21-2019, but you're probably well aware, as was just one tadpole in your stinking scam pool. Then have audacity to refer to cardholder as valued. Don't placate me, I'm obviously a lot more perceptive, and BCFP will be using my testimony in dispute, letters and irrefutable evidence, that I've been bombarding them with, along with close contact with other aforementioned government agencies, including comptroller and state district of attorney. Veredictum, Latin "truly said". Duncan **
SAN ANTONIO, TEXAS -- Do No Use Netspend! Our local grocery store now offers and promotes a prepaid Netspend Visa Debit card to purchase for $2.00, on sale for $1.00, and is reloadable for free only at the grocery store chain (otherwise, anywhere else, additional fees will apply). While it sounded nice and convenient, there are tons of fees involved even for as simple as a balance inquiry and customer service. Yes, even a fee to call customer service.
While I wasn't initially concerned with all of those silly fees, since I was only planning to use my prepaid card online for one or two purchases, it was the registration process to activate the card that just boggled me! First off, I did not like the idea of having to provide all of my personal information for a "prepaid" card that I paid cash for; but it also required my SSN! (It's not like I'm applying for a bank credit card, or buying a house from them!) So, apparently the system did not like my address that I entered, which was valid by the way. And therefore, could no longer register/activate my card online.
I had to call the 1-866 number provided, only to get a representative from another country (and provide ALL my personal information); in which I was very uncomfortable providing all of this in the first place... They insisted at this point that I had to provide proof by submitting a copy of my driver's license and SSN card either by fax or email.
I felt this was completely absurd, invades my privacy, and therefore I refused. Now my money is tied up on this Netspend card, and my only options were a refund by check (mailed to me - which would take weeks; mailed to my address that they felt was invalid!) or they could activate this card as a gift card that can now only be used in the affiliated grocery store chain, at the gas pump, or at restaurants (and fees still apply). Thanks, but no thanks! I will use my now "store gc" to purchase a Vanilla Visa gift card! This was ridiculous and just way too much personal information was needed for a prepaid card! I will NEVER use Netspend again.
LITTLE ROCK, ARKANSAS -- My husband purchased a Netspend card and loaded $40 on it for me as a little gift from the kids in June, after an employee at Walmart told him it was like a prepaid Visa, and the back clearly states "No hidden fees". Fast forward to November and I go online to register it for the first time, and it will not complete registration without my DOB and SSN. Umm not happening, however I got an email that I would be getting my permanent card in the mail. (This should count as some sort of account activity right?) It also says that the card would be usable though in a limited capacity without registration so I tried to use it and it guess what? It was declined, and I never received a permanent card either.
Hmm, now I am forced to call the customer service number, and they try to get my SSN and DOB again. I tell them I just want to activate the card so I can use my money. The guy on the line told me that even though I didn't activate the card and thus could not use the money yet, they activated the "account" when the money was added. I told him about trying to activate the card in Nov and receiving an email that I was getting a permanent card, yet never did and how that would be account activity. However, because I didn't complete activation because they never sent me a permanent card, they claimed it was an inactive account, and they started taking out an "inactive account fee" after 90 days of $6 a month.
So, Netspend holds the money that you add to the card hostage unless you provide personal information, then if you refuse to provide that info, they will fee you to death until all of your money is gone anyway. Apparently the customer service count on people not knowing how they operate and admits that the fees are how they make their money. They refused to refund the money on the "Inactive account" that they activated despite the card never being activated. If this isn't a horrible deal I don't know what is. They also charge crazy fees from every transaction apparently. So do yourself a favor and NEVER use them.
My husband's gift was totally taken by these cheats. Bonus: after 120 days apparently they totally deactivate your card even though it has an expiration date of a few years out and there is still money in the account that they are drawing from. Watch out SCAM artist have new tricks and Wal-Mart is carrying them along.
AUSTIN, TEXAS -- Purchased card, put 25.00 on it almost 2yrs ago. The card couldn't be registered online so I went back to where I purchased it and shows card still has funds and has to be activated. After several unsuccessful attempts to register online I called number associated with business and was prompted to activate card. The prompt said enter either last 4 digits of social or card number. I entered card number and was then sent to a live person. The customer service person I spoke to asked for card number then asked for last 4 digits social, which I said I would not give because they wouldn't have that since the card was never registered.
I was asked address (which again they should not have) I gave that was put on hold then was asked my social again. I declined and asked for them to activate the card and we can conclude our business. I was told I would be transferred and given my pin number. I ended up back to initial prompt. I called back and they wanted same info, I told them I just wanted to transferred to the line to get my pin. I was rerouted again to the first prompts. I called on final time went the through explaining what I needed to be done and this time I was told that there was a social security# associated with the card and that there was already an account set up.
I explained that is not accurate and asked for the number. I was told that that is confidential. I told them if that were true they wouldn't be talking to me about the account at all without that info. I told her I will NOT provide social and said I never made an account and I want this handled now. I was then asked to provide my CID. I asked why I provide my California ID # when I didn't when I purchased the card.
I was told that CID was not California ID but was ID listed for me which is Matrículate #, Consular Identification Card (CID) is an identification card issued by the Government of Mexico. I blew my lid and told her I know she knows I am not Mexican and as such I would not know that # and that I need a supervisor now because I know this fraud now. I was switched over and gave up after about 2hrs on hold.
I have had a dispute pending on this account for over a month. I was told that if this dispute is not resolved within 20 business days they will issue a provisional credit to my account while they continue investigating. I have called customer service to be told that they do not know anything until October 23. I sent emails as well - only to be met with a form letter stating the same thing. Well, today is the 23rd, I wanted to know what the status is, did they contact the vendor? Do they need any other information? Is a provisional credit to be given or no? I have sent over 10 emails - either I get a form letter saying it will be updated today - or they COMPLETELY ignore my emails. I called customer service three times.
First woman tells me to call back at 5:00 pm. Second woman tells me to call back at Midnight (they are closed at Midnight) then I ask to be transferred to a Supervisor. I was literally on hold for TWO hours. During that hold time - I called again on a different phone - was then told to call at 8:00 pm - no one has any info.
The supervisor finally picks up and tells me that there is NO information - and the credit may not even be given - depending on the circumstance. I said okay - what circumstances? She doesn't know and mumbles something about regulation - which I look up and it doesn't apply to my circumstance. She says, "I have to talk to the Dispute department." Okay - "how can I speak with the dispute department?" She tells me only through email.
I told her my emails are ignored and no one answers. She actually said. "That will have to be taken up with the dispute department." Unbelievable. I have read SO many complaints and lawsuits against NetSpend - I just wish I read them previous to doing business with them. This is a warning - DO NOT do business with this company - they are awful and frankly ridiculous.
AUSTIN, GEORGIA -- All the money was stolen from my card $890.00 on 05-12-20012. 2 days before this happened my account was blocked so I called customers service and was told that somebody has been calling in on my account, and they asked if it was me and I said "no" and that the person was 1 digit off and so that's why they blocked my account - OK, good. Then I was told that I had to send over documents to the fraud department. I asked to speak to the fraud department. Then I was told that I could not speak to the fraud department because the fraud department does not speak to customers directly, I could only fax them or email them.
I emailed them the documents that they had requested and then they unblocked my account. OK the next morning ** transferred $890.00 from my account to their account. I received a text telling me this so I immediately called NetSpend to let them know that I didn't do this transaction and I need the money put back into my account. Well ** had made a transaction of $705.23 and they put $184.77 back on my account. Now I had to go to the claims department to dispute the transaction so that I could get my money back.
Now here is where the problems come in. Why was it that when my account was blocked the first time and I called in and asked to speak to the fraud department I was told that they do not speak to customers directly I could only email or fax them, but now that my money is stolen I can speak with the fraud department?
The fraud department then ordered me a new card, changed my pin number, and my security question. Now that my money is stolen and I have to wait 2 weeks 10 business days, it's OK to speak with the fraud department? When I finally did speak with the fraud department I asked them this same question.
Then I was told it is up to the customer service person to determine if they will transfer you to the fraud department or not. That is crazy and a policy that needs to be changed immediately because if I was allowed to speak with the fraud department when this first happened and they blocked the account, I would have changed the information then and they would not have been able to steal the money. My account being blocked and I had to send forms to the fraud department should have been enough cause for me to speak with the fraud department then also and this nightmare would not have happened.
Your foreign customer service is the worst I have ever experienced - very hard to understand English, rude will only answer question that they want to ask not the questions that you asked them. I have been a NetSpend customer for many years and have quite of my friends that use NetSpend because I told them about it, and this is the worst experience I have ever had with any company. I hope you will straighten this matter very soon and I hope to hear from you soon and get this matter resolved.
AUSTIN, TEXAS -- They are the worse company. I needed to transfer money from my savings account to my checking account. I was aware of only 6 transfers being able to be done within the month but when I called last week 3/18/2020 they told me I had one more transfer available if I needed to transfer any additional money out (not informing me of the consequences).
Today 3/23/2020 I called to transfer money because my account overdraft. I understood there was an overdraft fee after 24 hours if not depositing money into my checking but when Amy the girl I spoke to on the phone today actually explain to me the consequence of my 7th savings transfer I was very upset, furious and overwhelmed! (7th saving transfer follows with a cancellation on your saving account for a 90 day period). She had the audacity to tell me to go to a bank or a chain store! With the coronavirus going on and many many places not opening she refused to help me further.
I had no choice but to close my saving account due to the lack of information giving to me by one of their colleagues. I begged her to help me but she refused to look for any kind of alternatives. I explain to her this wasn't my fault, this was the company's fault for not communicating well with their customer yet an apology wasn't even given to me. All she said was for the future, "We will make sure to inform our colleagues" as if the future would be any help to me now. It is unfair and ridiculous how customers need to suffer the consequences for the lack of professionalism and accuracy of information given to us by NETSPEND!!!
Awful. Just the most dishonest company I have come across in years. It is a horrible insidious form of dishonesty at that. The buyer will assume this is like another prepaid card - beware - it is not! Once you load your own cash on to the card... The card is locked up immediately. Only to be unlocked once you provide three forms of id (seriously) and other personal information. I was travelling and needed the convenience of a card. However was unable to unlock as who in the world travels with their Social Security Card? That's right - it is one of the requirements.
Now, get this - they will not, however, accept a passport - even though you have to provide a social security card in order to get a passport. So, do you see the scam? And I bet most people end up leaving money on the card and just giving up... As they charge a monthly fee, even though you can't use it. Seriously... They might as well just sell the card with a bottle of lube and instructions telling their victims (ahem customers) to bend over - and that is exactly what they are doing to their customers.
1952, CALIFORNIA -- NetSpend may not technically be considered a "scam," but there is absolutely no doubt that the company engages in unethical and misleading business practices. Last year, my 85 year old mother, as she does every year, gave my wife a $50.00 Visa Gift Card for her birthday. As always, she got the card at her local grocery store amidst the hundreds of other gift cards in the display. I "activated" the card online, per the accompanying instructions, and was never given information about ongoing "fees."
To me, it just seemed like a regular gift card that you could add funds to if, for whatever reason, you didn't have access to a regular bank debit card. My wife waited almost a year before attempting to buy a pair of shoes with the card. She was told that there was only $1.40 left on the $50.00 Card, even though she had never used it. Turns out that NetSpend assessed a monthly fee of $5.95 for "account maintenance" every month. I contacted the company and got nothing but a royal runaround. How many people do you think pick up one of these cards thinking it's just a regular Visa gift card and end up being fleeced just as we were?
I'm guessing this is how the company makes most of its money. After all, who in their right mind would use a card that charges such ridiculous fees, unless they had absolutely no other options due to poor credit? I will be filing a formal complaint with the California Attorney General's office.
CALIFORNIA -- My husband was given a $20 Visa prepaid card as a Secret Santa gift. The package indicates that the person who bought the card paid $2.95 to purchase/load money on the card. Once he took the card out of its package, my husband realized he had to activate the card. The activation process is insane, requesting his social security number and birthdate. He declined to enter either, so he was transferred to customer service. They insisted they needed that information for security purposes.
After some back and forth, and a vague threat to report them to the BBB, he was placed on hold. He was then told they could activate the card for “limited use”, meaning it had to be swiped on a credit card terminal in a store. It took about 20 minutes to get this thing activated. Once he used it at the store, when it was swiped the store got a notice that there was a $2 fee for the transaction, so the balance on the card was $18. This is a total scam. They charge you to buy the card. They charge you to use the card. And they try to make you think you need to give them your personal information in order to activate the card. This company should be avoided at all costs.