NetSpend Corporation, a TSYS Company Prepaid Card Complaint

General purpose card Fees

NetSpend Corporation, a TSYS Company Prepaid card department,

General purpose card Maryland

The Western Union Netspend card is only - of - prepaid cards I use to pay bills and receive deposits. This year I decided to apply my tax return ( both STATE & FEDERAL ) not knowing the amount of hidden fees that was attached to this card. I learned there is a $720.00 daily ATM limit, however ; there is a cut off of $ - $300.00 per ATM withdrawal. Each ATM withdrawal has a $2.00 fee attached. There is not option to increase your limit to illuminate the fees. I signed up for a monthly plan fee thinking it would save money but the card makes the money back once I make a withdrawal. I have attached a spreadsheet of the fees since - ( $290.00 ). If statements are needed I will be more than happy to fax them to you. These cards are only a setup to KEEP struggling consumers in a hole that is ALREADY TOO BIG!!!

NetSpend Corporation, a TSYS Company customer in Maryland
Feb 22, 2016

* Source: CFPB Complaint Database

NetSpend Corporation, a TSYS Company response to complaint:
Closed with explanation

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