Tired of receiving a netspend card in your mailbox?
the reason is that the irs does not have your direct deposit information and you are receiving a netspend card in the mail.
You may have been given a netspend card in the mail as a stimulus payment.
People perceive prepaid debit cards as spam or a scam when they receive them as part of the federal stimulus program.
If you’ve recently received a netspend card in the mail, read this article to find out what it is and why you’re getting it.
why do i keep getting netspend cards in the mail?
is the most frequently asked question in financial threads on reddit. You may receive a netspend mastercard in the mail for one of these reasons.
Instead of a pre-approved application, netspend has sent some people an unexpected visa debit card.
To activate these cards, the company will mail them to your address. if you received any net spending cards in the mail, don’t panic.
Another possibility is that the IRS may send you prepaid debit cards as recipients of the stimulus funds.
The treasury department seals these white envelopes containing the debit cards.
You are receiving this netspend card because the IRS does not have your direct deposit information or the bank declined the payment and refunded the cash.
if your account was cancelled, you would receive this netspend master debit card in the mail. this money is sent to your current address.
read more: does the cash app report personal accounts to the irs? here’s what you need to know for 2022!
why did my child get a netspend card in the mail?
netspend uses affiliate marketing to attract new customers. minors should not be targeted, although their information is occasionally collected.
Your child may receive a netspend card as a promotional item.
Receiving a netspend card that you didn’t apply for can be annoying. this is usually done to attract new customers, but it serves no purpose.
often a simple phone call to netspend can fix problems.
Is it safe to use the netspend cards I receive in the mail or are they fake?
these are genuine net spend cards that work once activated and funded.
netspend cards are great for people with a bad credit card history who enjoy shopping online.
You can also register your netspend card for government stimulus checks.
Don’t throw these debit cards away as junk mail or a scam. they can be used to pay rent or mortgage. is accepted by your landlord or loan servicer.
You can use it to make purchases at online stores and merchants that accept visas.
You can also get cash back when you buy something, transfer money, or use an ATM.
they charge fees and have a maximum amount you can withdraw at one time. for example, ATM withdrawals are limited to $1,000 per day per transaction.
IRS limits each transaction to a bank account to $2,500 per transaction.
read our related article, what is the net expense cash advance limit? for more information on the netspend card!
how to recognize a legitimate netspend card?
the united states treasury sends net expense cards in a white envelope. the prepaid debit card is issued by metabank and has the visa logo on the front.
it also says “money network” on the back of the card.
Your spam may contain a crucial debit card in the form of a stimulus check, so don’t throw it away.
You can also call netspend support to verify the validity of your card. To help you, Netspend may ask you for your physical and mailing address.
Regularly check your netspend online account center to confirm that all transactions are valid.
also, carefully read the instructions to avoid charges when using the card.
read more: can i buy a netspend card at walmart? find out where you can buy netspend cards online and in store (even at walmart)!
who sent the net expense card?
irs and netspend issue these cards. people have received retirement funds from social security or the railroad through netspend cards.
Your stimulus checks will be deposited into the same account as your federal benefits.
The organization delivers most payments through direct deposit because it is the easiest and fastest way to reach people.
The new debit card will contain the latest stimulus payments because none of the previous debit cards were reloadable.
Occasionally, the state delivers unemployment payments on prepaid cards loaded with refunds.
netspend, on the other hand, sends checks and prepaid cards. not all prepaid debit cards are bad.
The IRS mailed millions of debit cards and checks as prepaid cards.
the only negative is that there are costs to collect, check the balance of the card account and perform regular maintenance.
netspend will send an occasional visa debit card if needed. the cards were mailed to people on your marketing lists who are likely to use your services.
but the card will not work unless it is activated.
Also, the name on the direct deposit must match the name on the card account for the direct deposit to process.
You can get a netspend prepaid card without applying. the company is looking for customers to join and deposit money.
Please contact netspend customer service if you receive a prepaid card in your inbox.
Call from your office, non-landline, or smartphone, and provide your name and mailing address.
but do not give the social security number or name of the employer.
read more: does turbotax send you a net expense card? Learn more about TurboTax’s previous partnership with Netspend and the card they now offer.
what government benefits can be directly deposited into my netspend card account?
any of the following:
- pension and other regular payments
- social security payments
- supplemental security income (ssi)
- social security disability insurance ( ssdi)
- veterans administration compensation and pension
- state unemployment benefits (varies by state)
- defense finance and accounting services payments (dfas)
- railroad retirement benefits (rrb)
more information: netspend customer service address. need to contact customer service or netspend corp? here is a list of necessary addresses!
frequently asked questions
What should I do after I receive the netspend card in the mail?
When your card is handed to you, be sure to activate it.
To activate your card, follow the printed activation and identity verification steps included in the package that contains your card.
When can I expect to receive my direct deposit?
netspend allows you to access your money as soon as the funds are electronically deposited into your card account.
A purchase, load or cash withdrawal must have been made within the previous 90 days for electronic direct deposits to be credited to your card account.
Unlike traditional banking policies, electronic direct deposit allows faster access to funds.
see our related article on how to send money from netwpend to chime. if you have a chime account, this article is for you!
what can i do to prevent netspend from giving me cards?
Close your netspend card account by calling 1-866-930-9924 or by logging into the online account center at https://www.netspendaccount/login and following the on-screen instructions.
can i return a netspend card?
You will be able to cancel once you have withdrawn all your funds.
but you won’t be able to get a refund on the netspend card once you’ve purchased it.
You can also report a problem to netspend and, in some cases, receive a refund.