Netspend Corporation

Netspend Corporation: 5,700 complaints on the public record

What people brought to the CFPB about Netspend Corporation, what they complained about, and how the company closed it.

5,700Complaints on file
886Filed in 2025
97.7%Answered on time
1.0%Ended in money back

The single most common complaint is managing an account. The product people name most is credit card or prepaid card.

What people complain about

IssueComplaintsShare
Managing an account76313.4%
Problem with a purchase or transfer75013.2%
Problem getting a card or closing an account73812.9%
Trouble using the card72612.7%
Unexpected or other fees4297.5%
Opening an account2855.0%
Getting a credit card2093.7%
Advertising1963.4%
Closing an account1672.9%
Fraud or scam1492.6%

Which products

ProductComplaintsShare
Credit card or prepaid card2,37341.6%
Prepaid card1,39524.5%
Checking or savings account1,38424.3%
Money transfer, virtual currency, or money service1873.3%
Credit card1582.8%
Bank account or service1472.6%
Credit reporting, credit repair services, or other personal consumer reports180.3%
Debt collection170.3%

How the company closed them

OutcomeComplaintsShare
Closed with explanation5,63398.8%
Closed with monetary relief581.0%
Closed80.1%
Closed with non-monetary relief10.0%

Closed with explanation is the usual outcome across the whole database. It records that the company answered. It does not record who was right.

By year

YearComplaints
2021584
2022556
2023578
2024624
2025886
2026461

2026 is a part year.

Where the complaints came from

StateComplaintsShare
CA79313.9%
TX4838.5%
FL3676.4%
NY3325.8%
OH2133.7%
GA2123.7%
IL1963.4%
PA1913.4%
NC1612.8%
MI1542.7%

Who filed them

GroupComplaintsShare
Servicemembers and veterans59710.5%
Older Americans5038.8%

Consumers add these tags themselves. Most people add nothing, so both figures are floors.

Read these numbers with three things in mind

A big complaint count usually means a big customer base. A bank with 60 million customers will out-complain a bank with 200,000 whatever either one does. Counts are not a quality score and this page is not a ranking.

The CFPB does not judge who was right. A complaint is the consumer's account of what happened. The company answers it. Neither side is verified here.

Credit reporting dominates the database. Two thirds of all complaints on file are about credit reports, and disputes filed in bulk on consumers' behalf are part of that. It distorts every total that includes the credit bureaus.

Filing your own costs nothing

Complaints go to the company through the CFPB, and the company has 15 days to respond. You get a tracking number. Most complaints close inside 60 days. Start at consumerfinance.gov/complaint.

Source: CFPB Consumer Complaint Database, retrieved 2026-08-05. Newest record on file 2026-08-04. Filed under the name Netspend Corporation.

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