Rushcard
Russell Simmons, excesive fees, cash back rewards scam
- 01-11-2012
- 28
In the Fee plan explanation it states "$1.00 per transaction convenience fee, capped at ten dollars ($10.00) per calendar month" after a view of my fees for less then one full thirty day cycle I found $30.00 in transaction fees. Upon contacting customer service I was told I would receive fees over the ten dollar cap back after thirty days had past (ie; $6.00 on the Jan 15th and $5.00 and still counting on Feb 15th) and they would be listed as "cash back rewards" I stated that is not a "reward" program, that is a LOAN program, where as RUSHCARD is borrowing funds of others for thirty days without interest being paid back to the individual whom they funds where borrowed off of illegally.
This card is marketed to the poor, unable to get traditional cards and the young new to credit, I do not "need" this card, I have acquired the card only to be able to transfer funds to my son in another state, because there is no way to load a RUSHCARD for someone else unless you have the card.
Company: Rushcard
Country: USA
State: Illinois
City: Chicago
Address: 23074 Network Place
Phone: 8667874227
Site: rushcard.com