I was given four, 25$ Visa gift cards managed by MetaBank. I had lost and now found them and checked their balances to discover that the balances were all zero.
The cards were never used. The transaction reports on the balance check website showed that all $100 were spent on inactivity fees.
Cards like this should offer a registration function so the recipient can be notified when such fees are being assessed.
I am out $100, all of which went into the coffers of this bank in exchange for nothing.
Perhaps MetaBank had the right to do this, however having the right to do something doesn't make it the right thing to do.
Shameful.
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