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


UPside Visa Prepaid Card (Life Plan)

The UpSide Visa card is pretty close to the perfect prepaid debit card. We love it because the fees are low (some of the lowest available), as well as the great features. They now have rolled out their newest feature — the ability to write and mail personal checks using the card! Read More

NetSpend Fee Advantage MasterCard NetSpend MasterCard Prepaid Card (Fee Advantage Version)

When you are looking for a financially sound, flexible and fast growing prepaid debit card provider, then take a gander at the NetSpend prepaid family of cards. The NetSpend Prepaid Master Card FEE Advantage option gives plastic card customers the benefits of high volume purchase transactions at one low, monthly fee without requiring direct deposit. If you are a low volume transactor, then the “Pay as You Go” plan is more than likely the method you would prefer. “Premier Fee Advantage” also gives consumers a high level of purchase volume with an even lower monthly fee when they sign up for direct deposit.
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NetSpend Pay As You Go Visa NetSpend Prepaid Visa Debit Card (Pay As You Go Version)

NetSpend Corporation continues to astound the masses with some of most flexible and consistent prepaid debit card products around. The NetSpend Prepaid Debit Visa card is a spectacular financial device brought to you in three varieties – a PAY AS YOU GO card (see review below), a FEE ADVANTAGE card, and the powerful PREMIER FEE ADVANTAGE card (requiring direct depost). The Pay as you Go plan was developed for light shoppers and those that really only use the card occasionally.
Read More

NetSpend Pay As You Go MasterCard NetSpend MasterCard Prepaid Card (Pay As You Go Version)

Millions of prepaid debit customers prefer NetSpend financial tools given the company’s size, product flexibility and security. The “Pay as You Go” NetSpend Prepaid MasterCard is a superior product for prepaid card holders that tend to only use it occasionally. Besides the Pay As You Go plan, NetSpend also provides the “Fee Advantage” plan, and the “Premier Fee Advantage” plan (direct deposit only) for those customers that have a desire to transact more frequently.
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AccountNow Prepaid MasterCard without Direct Deposit AccountNow Prepaid MasterCard with (No Direct Deposit)

The AccountNow Prepaid MasterCard comes in several options. The option reviewed here is the version which does not require that you use direct deposit. Although we typically recommend using direct deposit (where appropriate), we understand that there are situations where you just want a shopping card or want to use a card for “lighter” use than as your primary banking account. The AccountNow MasterCard without direct deposit may fit your needs. 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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