Meta Bank creates misery for their customer base


Meta Bank

 

Money fraud

Complaint Rating:  96 % with 23 votes

 

Contact information:

Meta Bank

United States

Recently my roommate got a Freedom card prepaid Mastercard from Meta Bank.

 

He then loaded $1, 500 on it for an upcoming vacation. Well what they didn’t tell him is they limit you to 10 transactions a month before you can’t use it anymore for that period. (Yes, META BANK takes your cash money and keeps your own money from you… and that is a real scam. Who in their right mind would knowingly give an interest free loan to an anonymous and unknown corporate entity?)

 

 

Then instead of him paying me the rent he offered to just use the checking account part of the account which you can use unlimitedly to pay my months bills online for me.

 

Well big surprise today when I log onto my accounts and see returned payment fees and late charges.

 

He called their support line who said they put a stop payment on all transactions because of suspicious activity that could be related to terrorism. (The terrorism is within METABANK itself!!!)

 

How they got that from paying off a Walmart and Target and JC Penney credit card I’ll never know. They told him his account was being sent to their security division for review which would take up to 14 days.

 

(14 crucial days when a person has to get their own bills paid!!! This kind of METABANK CUSTOMER SERVICE is to be avoided!!!)

 

 

They said his funds would be unavailable for that time, unless he wished to close his account which would result in a $5.00 charge for every transaction he made with the card since getting it. ( METABANK, once they had this guy’s money, pushed around their newly found power, using the money of other customers and that customer’s own money as the pressure point or power point. There is nothing honest in what METABANK does.)

 

 

Freedom card my eye! They gave the lame excuse that since 9/11 any large deposit on a card and usage is red flagged by them as suspicious. (Did METABANK tell that customer that $1,500.00 was a large sum of money before he deposited it??? Oh that may be the amount of a person’s paycheck and then METABANK takes full control of that person’s whole paycheck for their own use, an interest free loan for META BANK. There isn’t anything honest about what METABANK does. METABANK is predatory.)

 

 

Now they can clearly see what the funds are being used for( credit card payments, grocery shopping, restaurant bills). So all the bills we paid with the card have now been returned along with late fees and returned payment fees. (METABANK makes the lives of their customer’s miserable just so they can get an interest free loan for META BANK. What METABANK is doing is immoral!!!!)

These people are just looking for any way they can squeeze extra money from you DO NOT apply for one of these cards from Meta Bank. All it has given us is headaches and loss of money.

(Here you have the real experience of one of METABANK’s former customers. All that we can do is to advise others to steer clear of META BANK. Don’t use META BANK. Don’t invest in METABANK. Don’t partner with META BANK. Forget selling prepaid cards; they are all managed by META BANK and they are designed to take money away from the people who bought them.)

 

 

 

Observe cautiously where METABANK places their advertisements

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