- Why did netspend send me a card?
- Is netspend a credit or debit card?
- Is netspend a ripoff?
- Where can I get a netspend credit card?
- What is the limit on a netspend card?
- Can I open a bank account without a SSN?
- What kind of account is netspend?
- Does netspend need SSN?
- Can you have 2 netspend accounts?
- Can you transfer money from your bank account to a netspend card?
- Can I sue NetSpend?
- Why does netspend ask for SSN?
- Can the IRS track prepaid credit cards?
- Can I link netspend to cash App?
- Will my stimulus check go to my netspend card?
- Does NetSpend charge per transaction?
- Does NetSpend have a monthly fee?
Why did netspend send me a card?
According to the representative, someone at netSpend thought that our household needed a Visa debit card, so they sent us one.
It seems that netSpend’s business is basically to get people to deposit money onto its cards and then slowly wittle away peoples’ money with fees..
Is netspend a credit or debit card?
NetSpend is a company with a prepaid debit card that it claims offers a competitive alternative to checking account debit cards, credit cards and cash. Customers provide the company with their names and addresses, and the company mails them personalized cards that they activate and load with funds.
Is netspend a ripoff?
NETSPEND SUCKS!!! Do not use this card…they reject most transactions…they are worthless scammers! SCAM COMPANY!!! Will take all your money from your card if you don’t use it within 3 months.
Where can I get a netspend credit card?
NetSpend has partnerships with many national chains, including Office Depot, Walgreens, 7-Eleven, CVS Pharmacy, and Walmart. The card’s purchase fee may range between $2.95 and $4.95; the average cost is $3.95, as is the reload fee.
What is the limit on a netspend card?
$4,999The daily spending limit for the Netspend Prepaid Visa is $4,999, and the daily ATM limit is $940. Plus, you can load up to $7,500 in cash in a day. This card has a fairly high monthly fee of $9.95, but it also offers cash back rewards and a high-yield savings account as part of the deal.
Can I open a bank account without a SSN?
You are not required to have a social security number to open a checking or savings account. … If you don’t have a U.S. government-issued SSN or ITIN, some banks and credit unions will accept a passport number and country of issuance, an alien identification card number, or other government-issued ID number.
What kind of account is netspend?
Netspend, a TSYS® Company, is a registered agent of The Bancorp Bank, Axos Bank, MetaBank, and Republic Bank & Trust Company. The Netspend Visa Prepaid Card may be used everywhere Visa debit cards are accepted. The Netspend Prepaid Mastercard may be used everywhere Debit Mastercard is accepted.
Does netspend need SSN?
Unlike credit and debit cards, Netspend does not require a Social Security Number to open an account. … Both credit cards and traditional debit card accounts require applicants to provide a Social Security Number and date of birth.
Can you have 2 netspend accounts?
The good thing is that each person is allowed to open up a maximum of five Netspend accounts. Put $1,000 into each Netspend account and you’ll have $5,000 earning you 5% guaranteed interest.
Can you transfer money from your bank account to a netspend card?
Bank Transfers. Add money from virtually any U.S.-issued bank account. If you have a checking or savings account or a bank debit card, use it to add money to your Netspend card account. … Transferring funds to a Netspend Prepaid Card is a convenient way to transfer money for PayPal users.
Can I sue NetSpend?
Your Contract probably says you can’t sue NetSpend in any court except Small Claims Court, thanks to an arbitration clause. While this can be complicated and time consuming, when you sue NetSpend in small claims court you usually get what you want.
Why does netspend ask for SSN?
To activate a Netspend prepaid card, you’ll need to provide a Social Security number (SSN). … This process also helps Netspend protect your account from fraud. You will also be asked for your driver’s license number and other personal information.
Can the IRS track prepaid credit cards?
The money on a prepaid debit card is not held in a bank account with your name. Judgment creditors would love to be able to garnish a Visa prepaid card – but they can’t. … Even then, only the IRS can search for bank accounts by SSN, so a private creditor is unlikely to ever locate a prepaid card.
Can I link netspend to cash App?
You currently can’t use a prepaid card on Cash App to add funds to your account. Cash App accepts linked bank accounts and credit or debit cards backed by Visa, American Express, Discover, or MasterCard.
Will my stimulus check go to my netspend card?
Some people are receiving their stimulus money through prepaid debit cards. Here’s how to get your money if you’ve lost your card. … Netspend, which provides such debit cards, said some stimulus money would be deposited the same way. If you’ve lost your card, Netspend said you can contact the company for a new card.
Does NetSpend charge per transaction?
If you make a debit purchase with your NetSpend card, you will pay a $2 fee for each transaction. If you use it as credit, your fee will only be $1. If you have a FeeAdvantage Plan or NetSpend Premier FeeAdvantage Plan, these fees are waived.
Does NetSpend have a monthly fee?
Cardholders on the Pay-As-You-Go Plan who qualify for the $5.00 Monthly Plan Fee and want to change to the Monthly Plan can do so by calling 1-86-NETSPEND or by logging into their Online Account Center at www.netspend.com. Per transaction. … The below fees are associated with all Purchase Plan options.