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 |
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| 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
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. |
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NetSpend Prepaid Visa Debit Card (Premier Fee Advantage Version – with Direct Deposit)
The NetSpend Visa prepaid debit card is offered by none other than NetSpend, one of the leading financial players in the prepaid arena. The NetSpend Prepaid Visa Premier Fee Advantage is a robust prepaid financial tool geared toward customers that get a lot of use out of their prepaid card. The NetSpend prepaid product line also comes in a “Pay as You Go” plan and a “Fee Advantage” plan. The Premier plan gives card holders extra benefits when using direct deposit. |
UPside Visa Prepaid Card (Access Plan)
If you are looking for a great card with fantastic features and low fees, then take a gander at the UPside Visa prepaid card. This reloadable prepaid card requires no credit check, has free direct deposit, ample loading availability and an awesome check-writing program. |
BuyRight.Com
BuyRight.com has come up with a pretty compelling package — a card that let’s you earn tons of reward points (and use them to buy stuff like cell phone minutes, calling cards, etc.). Read More |
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. |
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. |
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