|09-06-2010, 11:00 AM||#1|
Sin bin - Time Out
Join Date: Aug 2008
WalMart Money Card Scam (PrePaid Card Service)
6/8/2010 "Walmart PrePaid Card Services" firstname.lastname@example.org
WalMart Money Card Debit Card Scam
Ok on WalMart Money Card you pay $3.00 to load the card then 14 days after that they take away another $3.00. After another 16 days they take away another $3.00 so total taken away from you is $9.00 regardless if you used it or not. If this is not bad enough, they make you give then your name, ssn, physical address e, and some other information. Now after this is all collected they market this information to other companies. See below.
E-mail Security Zone: (Named Removed)
Important Customer Notice
Information We Share with Others
We may use and share all of the Information we collect, subject to applicable law, with the following (these examples are not intended to be all inclusive):
Walmart Stores, Inc., SAM'S CLUB and their Affiliates (the "Walmart Companies"), for use in connection with the Walmart(R) MoneyCard program and for Walmart to arrange for other Walmart financial services, for purposes of updating and creating their customer records for you, to assist them in better serving you, and to provide you with notices of promotions, catalogs and offers. Information also may in turn be shared by Walmart or on Walmart's behalf with service providers of the Walmart Companies in order to help bring you Walmart Financial Services, and as otherwise permitted by law.
Service Providers, (including our Affiliates) to assist us in servicing Cards and Our Services, like preparing monthly statements and promotional materials, and responding to customer inquiries. We also may use marketing firms, such as modeling companies, to assist us in our own marketing efforts.
Financial Institutions with Whom We Jointly Offer Financial Products, such as loan products or credit insurance. If your billing address is in Vermont, this information will be limited to your name and contact information, and transaction and experience information on your account.
Our Affiliates, Who are Other Companies in the General Electric Company corporate family ("GE Family"), for servicing or marketing purposes, subject to your right to opt out of sharing of credit eligibility information, such as certain information from credit bureaus and your application, as provided in the It's Your Choice section below.
Third Parties, Who are Interested in Offering Special Products or Services to You, subject to your right to opt out as provided in the It's Your Choice section below. For example, we may disclose information, either directly or through Walmart Stores, Inc., to financial services providers offering products such as insurance, mortgages or loans, and non-financial companies offering consumer products and services. We may disclose name, address and telephone numbers, as well as Card transaction, purchase and performance history.
Others: We may report information, such as balances and payment information, to credit bureaus. In addition, we may buy and sell assets, lines of business and/or Cards. When this occurs, customer information generally is disclosed to bidders and is one of the transferred business assets. We also disclose information about you to third parties in certain other circumstances, as permitted by law.
It's Your Choice
You have the right to opt out of our sharing of information, as described below. To opt out please call us toll-free at (877) 937-4098 or write to us at P.O Box 1187, Monrovia, CA 91017,
Attn – Opt Out Department. If you have previously informed us of your preference in connection with the Walmart MoneyCard, you do not need to do so again.
Please do not share information about me with companies outside the GE Family other than with Walmart Stores, Inc. and its affiliates. And please do not allow companies within the GE Family to solicit me for products and services based on transaction, load, reload, experience or credit eligibility information they receive from you.
And please do not allow companies within the GE Family to solicit me for products and services based on transaction, load, reload, experience or credit eligibility information they receive from you.
Important Notes About Your Choice
- Please understand that, even if you opt out as described above, we will continue to share information with joint marketing partners and service providers as described in this policy, and as otherwise permitted by law. And we will continue to share information that identifies you, and about your transactions and experiences with us, with companies within the GE Family.
- If you have a joint account, a request by one party will apply to all parties on the account.
- We will process your request promptly. However, it may take us several weeks to ensure that all records are updated with your preference. In the interim, you may continue to be included in programs as described above. Also, after your request is processed, you may still be contacted by our Affiliates and/or other companies based on their own information.
- Even if you opt out of sharing, we will continue to provide you with billing inserts and mail notices of special offers and new benefits.
- Vermont and California Residents: If (and while) your address for the Walmart MoneyCard is in Vermont or California, we will treat you as if you had exercised the opt-out choice described above and you do not need to contact us in order to opt out. If you move from Vermont or California and you wish to restrict us from sharing information about you as provided in this Policy, you must then contact us to exercise the opt--out choice described above.
Your Access to Information -- We provide you access to information about your Card by providing you statements, and by providing customer service representatives to answer
Notice of Error Resolution Rights for Your Walmart MoneyCard
Keep This Notice For Future Use
In Case of Errors or Questions About Your Walmart MoneyCard:
Telephone us at (877) 937-4098 or write to us at P.O. Box 1187, Monrovia, CA 91017, as soon as you can, if you think an error has occurred on your Walmart MoneyCard. We must hear from you no later than 60 days after the earlier of the date you electronically access your Walmart MoneyCard or the date we sent the FIRST written history on which the error appeared. You may request a written history of your transactions and reloads at any time by calling us at
(877) 937-4098 or writing us at P.O. Box 1187, Monrovia, CA 91017.
You will need to tell us:
(1) Your name and Walmart MoneyCard number.
(2) Why you believe there is an error, and the dollar amount involved.
(3) Approximately when the error took place.
If you tell us orally, we may require that you send us your complaint or question in writing within 10 business days.
We will determine whether an error occurred within 10 business days after we hear from you and will correct any error promptly. If we need more time, however, we may take up to 45 days to investigate your complaint or question. If we decide to do this, we will credit your Walmart MoneyCard within 10 business days for the amount you think is in error, so that you will have the use of the money during the time it takes us to complete our investigation. If we ask you to put your complaint or question in writing and we do not receive it within 10 business days, we may not credit your Walmart MoneyCard.
For errors involving new customers, point-of-sale, or foreign-initiated transactions, loads, or reloads, we may take up to 90 days to investigate your complaint or question. For new customers, we may take up to 20 business days to credit your Walmart MoneyCard for the amount you think is in error.
We will tell you the results within three business days after completing our investigation. If we decide that there was no error, we will send you a written explanation. You may ask for copies of the documents that we used in our investigation.
If you need more information about our error-resolution procedures, call us at (877) 937-4098 or visit www.walmartmoneycard.com.
GE Money Bank
================================================== ================================================== =========
Note: This e-mail was sent to you by GE Money Bank to provide important account servicing information regarding your Walmart MoneyCard. You may receive account servicing e-mails even if you have requested not to receive marketing offers by e-mail for your Walmart MoneyCard Account. GE Money Bank is located at 170 Election Drive, Suite 125, Draper, UT 84020, USA.
This is an unmonitored e-mail box. Please do not reply to this e-mail.
The "Spark" design (*), Walmart and Save Money. Live Better. are marks and/or registered marks of Walmart Stores, Inc.
I suggest you opt out using the given above addressee & phone number and complain to them what a huge invasion of privacy this all is. I would also recommend you using any other debit card (anonymous) that doesn't retain all this information about you and not ever use WalMart Money Card unless you want your information passed along to unnamed sources & even though its a debit card, your information also passed along to credit agencies (which is terrible because its a debit card meaning you have to pay first to put money on it to begin with). Total invasion of privacy!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!
|09-06-2010, 11:45 AM||#2|
Join Date: Oct 2008
Location: West Cork, Ireland
store cards have always been a joke.
I also hate how the internet shopping sites are biased towards credit cards, specifically visa/mastercard.
Banks have made it difficult for businesses to accept debit cards.
Laser cards in Ireland are bloody useless online
|09-06-2010, 02:02 PM||#3|
Sin bin - Time Out
Join Date: Aug 2008
Well this is a prepaid debit card with the visa/mastercard logo on it. It can be used anywhere visa/mastercard is accepted & debit. The bad thing also about the scam is that they continue to market to you even if you account is empty/card over with/you used all the funds/etc. This was the updated tos that was sent 6/8/10 above. The bad thing about all this is that basically your lets say for instance $3.00 payment for the card presuming you use all the funds before the 14 day period so no more money is taken away from your account, you can still earn WalMart very possible thousands of dollars just from your one $3.00 purchase during the course of your lifetime & even within 5 years & the longer you live the better because they can still market the crap out of you as long as your alive & then after that probably your next of kin/husband/wife/etc.
|09-06-2010, 02:21 PM||#5|
Join Date: Jun 2010
Interesting. I used to work for a company that suddenly went mad for these cards and threatened to sack staff if they didn't sell them. I ended up leaving over it but oddly they don't make a lot of money for the company selling them so I wondered at the time what the incentive was. They even ran a training course for people who wouldn't sell them (and I was forced to attend) and it had typical cult style bullying and crude (very crude) NLP.
|09-06-2010, 03:27 PM||#6|
Join Date: Feb 2010
Location: Still trying to work that out
Store cards are just another example of how they have been bleeding consumers dry by tempting them with a convinient way of getting what you want now rather than saving and getting it later. They were introduced to encourage debt, to make people believe it's okay to owe money and that nobody should have to save for things they want.
Any company who are offering store cards to their customers want to have power and control over that customer. If a store offers store cards they are part of the plan to get most people into a spiral of unmanagable debt.
Funny how people actually think these stores are being kind to them when in reality they have got you by the ankles and their shacking every last penny from your pockets in exchange for products that are useless or outdated within a year.
You can never know if quotes on the internet are genuine -Abraham Lincoln
When a white army battles Indians and wins, it is called a great victory, but if they lose it is called a massacre. Chiksika/Cheeseekau