The Federal Trade Commission (FTC) is returning money to consumers who were unable to access funds on their NetSpend prepaid debit cards.

According to the FTC, NetSpend denied or delayed the activation of its prepaid debit cards — causing consumers to be unable to use their prepaid funds. In addition, NetSpend allegedly charged consumers fees that reduced the balances on their prepaid cards.NetSpend is a prepaid debit card company that offers “alternative financial services.”

NetSpend agreed to resolve the FTC lawsuit with a settlement. In June 2022, the FTC sent over $10 million in refund money to more than 430,000 NetSpend consumers.

Table of Contents

NetSpend Prepaid Debit Cards FTC Class Action Lawsuit

Who’s Eligible:
- Consumers who got a NetSpend card between Jan. 1, 2010, and Aug. 31, 2016, who did not activate the card before Aug. 31, 2016, and who had fees deducted from their card balance.
Estimated Amount: Varies
Proof of Purchase: N/A
Claim Form Deadline: 09/21/2023
Case Name & Number:
- FTC v. NetSpend Corp., Case No. 1:16-cv-04203-AT, in the U.S. District Court for the Northern District of Georgia
How to file a claim:
- Head over to the Claim Form.
- Read over the claim form to see if you are eligible.
- Complete the claim form with your info.
- Submit your claim form to receive your potential award!

File a Claim

(Click here to file a claim)

Bottom Line

Don’t forget to take a look at our full list of Class Action Lawsuit Settlements! Be sure to give our list of No-Proof Class Action lawsuit to see other settlements you may qualify for.