Prepaid card -- Problem getting a card or closing an account -- Complaint #7587866

Complaint Overview

Complaint ID: 7587866

Company: Netspend Corporation

Product: Prepaid card

Sub-Product: General-purpose prepaid card

Issue: Problem getting a card or closing an account

Sub-Issue: Trouble closing card

State: New York

ZIP Code: 10468

Date Received: 2023-09-21T12:00:00-05:00

Date Sent to Company: 2023-09-21T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

I opened an account with Netspend All-access around XX/XX/2023. I recieved a direct deposit on my account a few months later for my income tax that came from the IRS. I immediately contacted Netspend shortly thereafter when i attempted to gain access to my account to find out that it was locked for no apparent reason. I spoken with customer service and they advised me to send documents to clear the concern on my account. I sent in the documents requested ( ID, SS Card, and utility bill ) and within 30 minutes later i recieved an email stating that my account with Netspend has been closed. I called back netspend and asked for my balance of the remaining funds on my account to be sent to me. After waiting 5 months later Netspend has failed to release the funds to me and are refusing to do so. My account number with netspend is : XXXX

Frequently Asked Questions

What is Complaint #7587866 about?

Complaint #7587866 was filed against Netspend Corporation regarding Prepaid card specifically about Problem getting a card or closing an account. It was received by the CFPB on 2023-09-21T12:00:00-05:00.

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 (Prepaid card) 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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