Metabank PayPower Prepaid

Metabank PayPower Prepaid Visa scam Card , Internet

1st of Feb, 2011 by

My son received this "gift" from a family member. After being charged $11.90 for doing nothing, we tried to activate the card. No can do, it says that they can't verify identity. Likely--by the time they verify the identity, all of the money will be used on the card. Do yourself a favor, if you want to give cash as a gift, mail it as it will have a better chance of arrival to the intended person rather than be sucked away in outrageous fees.

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3729 days ago by JimH497

I have a Metabank prepaid VISA card with a $5 balance. The card clear states that funds do not expire, though there is a $3.95/mo fee starting 1 month AFTER card's "valid thru" date which, in my case, expired less than 2 weeks ago. Their phone customer service rep confirmed that the funds are still available and the fee has not yet been assessed, leaving me my full balance.

However, I cannot get to the "unexpired" funds. Why? To get access, I need to get a new card reissued at a cost of $15. They know that no one would pay $15 to get $5, and have found a way to pocket these "unexpired" funds.

It's a small ripoff, but when they do this to thousands of customers nationwide, it clearly becomes big $ to their bottom line. At this point, I don't care about the money, but I do not want to see others ripped off by this unscrupulous bank.

Do NOT buy any prepaid cards issued through Metabank.