MetaBank

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MetaBank Background Information

MetaBank is one of the largest prepaid debit card issuers in the United States (more than 50% of the debit cards reviewed on GetDebit.com are issued by MetaBank). Through their premier Meta Payment Systems division, MetaBank services more than 500 prepaid card programs. MetaBank also serves as a traditional financial and lending institution providing a diverse product offering across several product lines including personal finance, commercial finance, mortgage services and agricultural services. MetaBank has 12 brick and mortar offices located in 4 distinct market areas. Offices include: Central and NW Iowa; Sioux Empire, South Dakota; and Brookings, South Dakota. Meta’s subsidiary Meta Payment Systems (MPS) manages four business segments including: ATM Sponsorship, ACH Origination, Prepaid Debit Cards and other various Credit Products. The unique “Super Community” philosophy on banking has enabled MetaBank to realize continued growth, while in the same breath, keep its community banking roots. Inherent benefits to this mentality are streamlined efforts and rapid decision making at the local level and a more enhanced service package to the customer.

MetaBank Electronic Payment Models

MetaBank’s “Money On The Move” platform is one of the many innovations created to enhance the customer experience. There are four payment systems platforms:

Gift Card Platform

  • Discover gift card purchase at bank
  • Electronic funds sent to Meta from bank
  • Gift card given to friend or family
  • Recipient spends at merchant
  • Discover pays merchant and electronically moves money from Meta

Rebate Card Platform

  • Product bought at merchant/rebate form filled out
  • Rebate processor electronically sends funds to MetaBank to hold
  • Meta sends Rebate MasterCard to customer in mail
  • Customer spends funds on card
  • MasterCard takes money from Meta to pay merchant

Travel Card Platform

  • Visa travel card purchased at bank
  • MetaBank holds funds until needed
  • Customer uses card for travel expenses
  • Merchants paid by Visa as funds taken from Meta

Reloadable Card Platform

  • Consumer buys card at retail merchant store
  • Consumer direct deposits employer paycheck on MetaBank card
  • Consumer buys groceries, clothing, gasoline and other goods and services on card
  • Visa pays merchants/service providers and transfers money to cover from MetaBank


About MetaBank
Stock Symbol: NASDAQ:CASH
Website: http://www.bankmeta.com
Corporate Headquarters: Storm Lake, Iowa
Address: 121 East 5th Street, Storm Lake, IA, 50588-2339




MetaBank Debit Cards


AccountNow Visa Prepaid Debit Card (direct deposit) AccountNow Visa Card (Direct Deposit)

Have you checked out the AccountNow Prepaid Visa Card yet? Find out why more people choose this prepaid debit card than any other. This version of the card is the card with direct deposit (you can also get the card without direct deposit, but it costs more). Read More

READYdebit Prepaid Visa (“Select” Plan)

The ReadyDebit folks have designed a prepaid card program that gives their customers the value of choice. READYDebit Visa cards are offered in three categories – The SELECT plan (this review), the CONTROL plan and the PLATINUM plan. READYDebit is committed to providing their customers superior financial products. Traditional big banking bilks billions every year from their account holders with annoying overdraft and other checking fees. The READYdebit “Select” prepaid Visa debit card can assist you in the elimination of those fees.
Read More

UPside Visa Prepaid Card - Edge Plan UPside Visa prepaid card (Edge Plan)

The UPside Prepaid Visa debit card is loaded with great features, a very competitive fee structure and a one-of-a-kind personal check writing feature. With a ZERO Activation Fee, companion card availability, a low monthly fee and a great rewards program, the UPside Visa card demands a closer look.
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NetSpend Premier Fee Advantage MasterCard NetSpend MasterCard Prepaid Card (Premier Fee Advantage Version – with Direct Deposit)

NetSpend is considered one of the country’s largest and fastest-growing Prepaid Debit Card processors and marketers. It’s no surprise that the NetSpend Prepaid MasterCard is a top-of-the-line network-branded card recognized by thousands of merchants worldwide. NetSpend currently offers the MasterCard in three versions: a Pay as You Go plan, a Fee Advantage plan, and their Premier Fee Advantage plan (reviewed here), which requires direct deposit.
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AccountNow Prepaid MasterCard with (Direct Deposit) AccountNow Prepaid MasterCard with (Direct Deposit)

The AccountNow Prepaid MasterCard can replace any bank account. When you set up Direct Deposit of your pay or benefits check with your AccountNow MasterCard, you enjoy great savings. Check out this feature packed card right now. Read More

UPside Visa prepaid debit card - Life Plan UPside Visa Prepaid Card (Clear Plan)

The UPside Visa prepaid card is an excellent card with very competitive fees and some excellent features as well. UPside also has a unique personal check writing feature, companion card availability and NO activation fee.
Read More


Corporate Overview
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