What is going on with RushCard?
What is going on with RushCard?
Federal regulators fined RushCard $13 million for a 2015 outage that cut people off from their money for days, while customers said they were struggling to pay for food and bills. The company was founded by Russell Simmons, but he is now out after Green Dot bought RushCard in 2017.
Is RushCard having problems?
We are currently experiencing a delay in posting our direct deposits, we are working as quickly as possible to resolve this issue. You may also experience intermittent issue logging into your online account due to the high volume of inquiries we are currently receiving.
Does Russell Simmons still own RushCard?
Simmons, one of the founders of record label Def Jam Recordings, co-founded RushCard in 2003 and maintained an ownership stake until the sale to Green Dot. He has not been involved with the company or Green Dot since the acquisition was finalized in February, a Green Dot spokesman said.
What bank owns RushCard?
Green Dot
UniRush and RushCard are now owned by prepaid card issuer Green Dot.
Is RushCard accepting stimulus checks?
RushCard will not be able to deposit your stimulus payment if we are unable to match recipients. If you are not required to file a 2020 tax return, didn’t file one and don’t plan to, you’ll need to provide the IRS your RushCard account information using the Child Tax Credit Non-filer Sign-up Tool.
Is RushCard with MetaBank?
RushCard is a prepaid credit card that was established in 2003. RushCard has partnered with MetaBank and Visa to offer the card. It offers point-of-sale purchases, ATM access, direct deposit, and all the features of a bank debit card.
Can you transfer money from RushCard to bank account?
You can transfer funds to your RushCard from your checking or savings account by ACH electronic money transfer.
Who is the CEO of RushCard?
Ron Hynes (Jul 2016–)
UniRush/CEO
RushCard has been in the headlines quite a bit in recent months, but the appointment of new CEO Ron Hynes strikes a new chapter for the prepaid card company.
How can I get all my money off my RushCard?
You can complete an in-bank withdrawal (also called a teller cash withdrawal) from your RushCard Live. You may withdraw up to $3,000 per transaction with a maximum of $10,000 per day.
How do you get a live person at MetaBank?
- Call 866.559.5037 or email [email protected].
- Having trouble logging in?
Why did I get a MetaBank card?
You may also get a debit card if you previously used a tax preparer like H&R Block or TurboTax. The IRS may have tried to send your stimulus payment via direct deposit to a temporary bank account used for your tax refund transfer, gotten rejected, and defaulted to sending you a check or card.
https://www.youtube.com/c/rushcard
Who is the founder of RushCard debit card?
RushCard, founded by hip-hop mogul Russell Simmons, is now in hot water with federal regulators and risks losing one of the most loyal customer bases in the prepaid debit card industry.
Is there a monthly fee for a RushCard?
RushCard offers two payment plan options. The Unlimited plan has a higher monthly fee at $7.95 (or $5.95 with direct deposit) at the time of publishing, but the plan doesn’t charge any purchasing fees or inactivity fees. This is a smart option if you plan to use your RushCard pretty often.
What can you do with a rush card?
You can use RushCard for long-term savings or day-to-day purchases and deposits. The direct deposit program lets cardholders with qualifying deposits receive funds up to two days early. Select from two different plan options. RushCard is an alternative to bank debit cards and credit cards with an app to manage transactions.
What was the problem with RushCard in October?
The glitch in October happened just two days before many RushCard customers expected to receive their early payroll deposits, and many deposits were unable to be completed as a result. Without savings or backup fund, bills went unpaid, late fees piled up and landlords threatened to evict tenants who couldn’t pay rent.
