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I used to have this back in 2012 and made a few hundred off of it. The PNC card I have gives 1.75 cash back. Back then the limit was 300 per load, so 2.75 a load. As someone said, they also give you one point for each dollar you load on the card. 4500 points gives you $50. I was doing the credit card loads and sending funds from a bank account. Each week was $50 and I did this for about six or so months before they shut the cards down. At first they just wanted my id because they claimed they needed that in order to allow direct deposits. I sent it in and they still shut it down. Consequently, I now seem to be banished from all MetaBank products.
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Originally Posted by kildonan500
(Post 23517630)
Their terms and conditions are deceptive. Its true that you can load $500 per day, but the credit/debit loads are limited to $150 per transaction, killing the deal.
You will get a more "detailed" T&C in the mail than what they show online. The online account IS limited to that $150 per transaction limit for what it's worth. Previous post in Buxx thread. |
Originally Posted by payeco
(Post 23517847)
Not nessicarily. If you load $150 x3 that's $7.50 per $450 in loads. Then subtract the 1% cash back for each load and you're looking at $3 for each $450 in load. That isn't too bad a deal if you ask me. If you break the yearly fee down per month it's less than $2.49 a month. I'm going to give this thing a shot.
EDIT: Just signed up. Card is issued by Metabank. Ahoy shutdowns. |
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