ED Magedson – Founder
netspend visa prepaid debit card at speedwayPO Box 2136 Austin, TX 78768-2136 Austin, Texas United States of America
I seen this NetSpend Visa Prepaid Debit Card in a rack among many other cards, I seen this one as a way to buy something online. At the top it says $3.95 and below that it says - PURCHASE AND LOAD WITH CASH - This does not mean you are only going to pay $3.95 to use - this $3.95 is just to buy the card to load with your money thats all. The $3.95 charge does not mean you will not be charged more money. Every time you use the card, you will be charged for any and all transaction fee's.
So lets say you have a bill that needs to be paid over the internet for $150.00, so you buy this card for $3.95 plus tax, you hand the clerk $155.00 she/he loads the card with $150.00 then you read on the back you need to goto netspend and sign up for the card in order to use it - so they can send you a prepaid card with your name on it, then once you sign up for that, then they activate the card for you - IT WAS NEVER ACTIVATED AT THE STORE :-( So now you find out once you sign up for this prepaid card that you will be charged each time you use it, this means you better add another amount depending on how many times you might use it. The $150.00 I put on the card only depends on how many times I use it, I went to pay for something online only to have it declined until its activated - thats how I found out I needed to sign up for the netspend credit card, Then I found out that my $150.00 bill is only going to get $148.00 paid because of the charges for using the card - so whats the $4.00 for the card? - why not offer the card for free? you will make alot more. plus I talked to them and they said they will put the details on the package. yeah right - NOT. The scam is that you pay and then are forced to sign up in order to get the money you put on it, its a forced issue. The only great thing is I get one with my name on it, its only going to be good for what I place on it aka load onto it, I get charges for using it, you will not know how much until you get charges. Scam in my eyes is the fact it uses the prepaid word - its not prepaid until you sign up.
This report was posted on Ripoff Report on 11/02/2010 09:25 AM and is a permanent record located here: http://www.ripoffreport.com/reports/netspend-visa-prepaid-debit-card-at-speedway/austin-texas-78768-2136/netspend-visa-prepaid-debit-card-at-speedway-wwwnetspendcom-1-866-387-7363-suggestive-pr-657616. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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