Complaint Review: PreCash - Internet
- PreCash Internet USA
- Phone:
- Web: www.thereachcard.com
- Category: Financial Services
PreCash Vision PrepaidReach CardVision Premier Prepaid Debit Card Scam Company Texas, et al Internet
PreCash operates various debit cards such as Vision, Vision Premier, and the Reach Card. Apparently, due to a dispute with Bancorp Bank, the Reach Cards are being cancelled. PreCash induces consumers to load money on the cards then arbitrarily freezes the cards and keeps the money. It also does not process disputes.
PreCash is not a bank, but is merely a sales agent for Bancorp Bank, one of the largest issuers of prepaid cards. The monthly fee for the debit cards are extremely high compared to cards such as Walmart/Greendot and American Express Bluebird. However, the scariest thing is that they simply keep your money.
This report was posted on Ripoff Report on 05/28/2014 09:26 PM and is a permanent record located here: https://www.ripoffreport.com/reports/precash/internet/precash-vision-prepaidreach-cardvision-premier-prepaid-debit-card-scam-company-texas-et-1150445. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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