MetaBank is dedicated to offering consumers a variety of customized payment solutions including credit cards, prepaid debit cards, ATM cards and reloadable gift cards. Founded by Stanley Haar in 1954, the federally-chartered savings bank is headquartered in Iowa.
If you are concerned about the risk posed by a traditional credit card regarding your ability to go into debt and accumulate high interest and finance charges, a MetaBank prepaid card may be the perfect solution for you. Each MetaBank card is co-branded with either the Visa or Mastercard logo so you can use it wherever those payment methods are accepted.
Budgeting is easy with a prepaid MetaBank card. Because your spending limit is determined by the amount of funds you load onto the card, there is no fear of overdrawing your account, charging beyond your limit and amassing finance charges as a result. Reloading the card is simple - you can accomplish it one of four ways. You have the option to reload funds at participating retail stores, by transferring money from a PayPal account, transferring money from an account you have at a financial institution such as a savings or checking account, or you can arrange to have your employer direct-deposit your paycheck right onto your MetaBank card. Free direct deposit is just one of a MetaBank prepaid card's many perks.
Others include the ability to rebuild your credit, which is important if you are recovering from some past financial mishaps. Accessibility is also important if you are in that situation. There is no credit check needed to obtain a prepaid MetaBank card. This means that consumers with a poor credit score or no credit history at all can qualify.