MetaBank’s Flare Account offers 0.01 percent APY on pre-paid cards. However, you shouldn’t let the account sit idle. One of the most appealing features of MetaBank’s Flare Account is that no minimum balance is required to open or maintain an account. Flare Account Advantages: Minimum balance requirement
However, some places, such as local utilities, may charge a fee for debit cards being used as payment. You can also sign up for bill-paying services with the card. You can continue make purchases using the card without any restrictions. Your balance won’t accumulate interest while it’s in the MetaBank ACE Flare. As a result, you can only use the card if you have sufficient money.Īnd the Metabank debit card they provide is Visa which is accepted anywhere.
The MetaBank Flare Account is a prepaid debit card that functions similarly to a checking account but does not have a credit limit. Although it only operates ten branches in retail locations, the bank has more than $5 billion in assets as of December 2019. They also have a ‘A+’ rating with the Better Business Bureau.Īs of December 2019, the bank’s assets were more than $5 million. MetaBank is a Savings Association that is FDIC-insured and was established in Sioux Falls. They provide Payday Loans, Installment Loans, Check Cashing, and Other Financial Services in addition to Prepaid Debit Cards. Furthermore, the business rated the Better Business Bureau as “A+,” the best possible rating on a scale ranging from A+ to F. However, they still operate under the name Ace Cash Express to reduce confusion. On June 20, 2019, they renamed the company Populus Financial Group. It now serves 11 additional states online. The company was founded in 1968 and had over 950 locations in 22 states and DC. However, it’s issued by MetaBank.Īce Cash Express is a non-traditional bank that offers services to consumers without credit or impaired credit. MetaBank’s Ace Flare Account is a prepaid debit card from Ace Cash Express. For that reason, this guide things to know about before opening a Meta Bank Flare Account will be helpful for you. Flare Accounts could be the perfect choice for you if you are looking for a more robust bank experience. They offer a widely recognized prepaid debit card.
Most transactions from flare account are conducted online or via MetaBank ACE Flare’s smartphone app or with the Visa debit card that comes with the account. The ACE Elite Card gives you many options for managing your money. The Metabank Flare Account was created by a company that traditionally offers payday loans. Well, this MetaBank flare account offers many services, so you may not even require a definitive account.
However, there might be a reason you are not happy with their practices and now looking for other options and found Meta Bank Flare Account and wondering if it’s right for you. Mainstream banks often get the most attention when it is about banking products.
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