DDD 2.22 Netspend

[Sam]

Netspend users with DDD of 2.22, update here… Anybody got pending deposits?

[vlynn]

It’s in SBTG, waiting for it to deposit to Netspend hopefully soon!

[Kirkobanz89]

@Chantel Tells Keep us updated I filed and accepted 1/29/18 approved 1/17/18 for DDD 2/22/18. I’m w/Netspend as well

[Chantel Tells]

Netspend (Pink Card) (Metabank)
Filed : 2.15.18
Approved : 2.17.18
DDD : 2.22.18

I believe we will get a deposit either 2.20 or 2.21 with our DDD set by 2.22.18
I receive everything through this card up to 2 days early (Paycheck, Survivors Benefits, & etc).

I am in PST so Ill start looking around 10:30 am PST .

Good-luck 22’ssssssssssss !!!

[Tammy]

Netspender with Bancorp here. Filed 1/31. Accepted 2/1. DDD given 2/16 of 2/22. Still nothing although Netspend has been down a lot the past few days.

[sarah]

I’m hoping it goes in tomorrow. My paychecks use to go in 2 days early. But it also makes a difference which Net spend card you have. I have the black one (money is in their early) I also have a pink one. Never early. Walmart cards are the same way.
Also it will never show you or tell you if anything is pending. Money goes in ALMOST right away. I get paid daily, now and my deposit gets sent to my card around noon and I have my money at 9:36pm..expect for Fridays. Then I gotta wait til Monday.

[KJBW]

@Bill

Man, you kinda remind me of the type of Dad I had.

Hope the aforementioned 17 year old appreciates the uniqueness of such a relationship the two of you must share, if you are indeed anything like my Dad was lol.

And I can tell that you are in at least one aspect. x) Amazingly similar!

PS: My best guess is that either in the first minutes shortly following midnight, or else same time, six hours later, we will start to see deposits dropping like panties on Spring Break.

[Bill]

i was high off my ass last night so part of the below wall-of-text post is partially incorrect. hope i dont have to wait all the way till thursday! I’m using it to help stimulate my local economy — imma be going to over to my dude and buying more weed!

lol, oh well…

seems like err’body praying fo’ tuesday morning =P

[Bill]

I’m an accountnow, but its all rly the same thing…

Most opinions say that we’ll get ours tuesday morning, BUT no bank or credit union anywhere is required to release before the 22nd – some do, some don’t, and with metabank (greendot, accountnow, walmart cards, rapidpay, etc) its up in the air until somebody calls customer service tuesday. I agree with sara that the ACH / Federal Reserve holiday notice is solid and we **should** get our deposits tuesday morning [lord willing, and the don’t rise]…

I’ve found that 6:58am -7:02am tends to be the ACH update window on my card.

HOWEVER – the automated clearinghouse system legally cannot and will not allow any money move after 5pm friday on the west coast (PST) and banks cannot resume ACH based transactions until 7am on the east coast (EST) the next business day. Monday is a stupid bank holiday, and therefore not a business day according to the Federal Reserve and NACHA.

Amex/Bluebird/Serve (and anecdotally some other cards / credit unions) allowed the ACH to clear early because of time zone differences between the IRS transmitting the ACH transaction and the banks receiving the money.

In other words: IRS transmits at 4pm Eastern Time, Amex recieves it in realtime at 1pm Pacific time thus leaving them with 3 hours left to ‘cheat’ and commit transactions before the close of the federal reserve on the west coast as a customer courtesy.

Since the ACH was sent at 4pm and is coded for 4pm, and it is still before 5pm friday in local time on the reciever’s end, the ACH transaction was posted to the deposit accounts at 4pm on friday of anyone whose bank works this way.

Metabank is a much smaller company with fewer employees and far less computing power when compared to the behemoth that is AMEX. They are also operating solely out of the central time zone in Sioux Falls, SD cutting an entire 2 hours off the Fed’s 5pm ‘Business Day’ deadline compared to local time at SBTPG in Cali or Amex worldwide.

Basically, metabank simply didn’t have enough time to reconcile the transactions before ‘the rules’ kicked in. In our situation, 7am Tuesday is a best case scenario, but i feel pretty hopeful.

7am Thursday is worst case, but i can’t imagine that a card whose primary advertisement is to get you your Tax Refund three days faster would dare wait.

On a tangent: Not all of their customers are poor, some of us are willing to load a little extra cash-on-hand each month to these types of cards for the security of having an internet-only debit card that’s not tied to the primary bank accounts. It saves on the paranoia of traveling, amazoning, redditing, etc — also, you probably have kids, they’re going to need access to plastic money someday too, loading cash to the card allows you to see how it’s being spent and build good spending habits in the next generation without the $30 per transaction overdraft fees every time a 17 year old ‘forgets’ there’s no money on the card – when its out its out – no need to plan how to punish them for something that’s easily corrected by teaching the core concepts early in life.

That said, if it’s false advertising, i can sue, and very likely will! Certainly if it prevents some money-grubbing asshat up the banking food-chain from lying to people in order to make a cheap buck at the expense of the downtrodden. I know banking is a dirty business, but geez, it already costs an arm to use the atm, why say early if you can’t back it up?

That’s why i have hope.
Well, that and President Donald J. Trump.
#maga

[carl b hill]

there wont be a pending deposit. its a pre paid debit card you should have your money on Tuesday or Wednesday. i always get my pay check a day or two advance on my netspennd card. i appoligise for the horrible spelling. my ddd is feb 22 so im exspecting it will be deposited on Tues or Wedn. Take a deep breath and relax you will have your money next week or i will gain the 50 pounds back that i just lost faster than i lost it

[Sara]

Interesting…

Important Holiday Notice
American National Bank and the Federal Reserve Bank will be closed on Monday, February 19, for Presidents Day.

Please keep in mind that transactions cannot settle on Monday, February 19.

To ensure payment by Friday, February 16, your ACH entries should be processed through iBank on Thursday, February 15, and dated for February 20. We recommend that you transmit the ACH information prior to 9:30 AM.

Any transactions initiated on Friday, February 16, will not settle until Tuesday, February 20.

[Jay Green]

@Nick it’s probably a $5 fee for having the account

[Nick]

Here’s whats weird….I have never used the current netspend card that I have, so there are no transactions…….If I call to check the balance it says 1 pending transaction and that you can get detailed pending transaction information online. Well, I can’t find ANYTHING on there for pending transactions……so I called customer service and she also tells me she didn’t see any pending transaction……I dunno something is weird somewhere lol….I’m figuring it will appear Tuesday.

[Teetee]

No nothing pending and I have Netspend, once they rcv your ACH its deposited on the spot. My ddd is the 22nd also. So if not tonight then we’ll get it deposit on the 20th or 21st cus they are always 2 days early with deposits.

[Jay Green]

Netspend won’t ever be pending in my experience. once it’s there it’s available

[Smurfette]

How do you check if your pending?

[Author]

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