Checking or savings account -- Closing an account -- Complaint #5809226

Complaint Overview

Complaint ID: 5809226

Company: Netspend Corporation

Product: Checking or savings account

Sub-Product: Savings account

Issue: Closing an account

Sub-Issue: Funds not received from closed account

State: Georgia

ZIP Code: 30328

Date Received: 2022-07-25T12:00:00-05:00

Date Sent to Company: 2022-07-25T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

Established account on XXXX with Netspend via their XXXX XXXX XXXX Activated account by submitting online a copy of my US passport and Social Security Card on XX/XX/XXXX. Funded the account with {$2000.00} on XX/XX/XXXX. Transferred funds into their savings account, which i believe is XXXX. Account closed by company on XX/XX/XXXX due to suspicious account activity. There was no account activity other than funding the account. Company will not return funds, despite multiple instances in contact.

Frequently Asked Questions

What is Complaint #5809226 about?

Complaint #5809226 was filed against Netspend Corporation regarding Checking or savings account specifically about Closing an account. It was received by the CFPB on 2022-07-25T12:00:00-05:00.

How did Netspend Corporation respond to this complaint?

The company responded with: "Closed with explanation". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Checking or savings account) and describe your issue in detail.

Can I see other complaints against Netspend Corporation?

Yes, visit the Netspend Corporation company profile at readthecomplaint.com/company/netspend-corporation to see all complaints, risk scores, and analysis.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

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