NetSpend bleeds kid's birthday cash card with predatory monthly "inactivity fees"

Many U.S. states forbid predatory finance companies from charging bogus monthly 'inactivity fees,' but prepaid debit card company Netspend makes sure to gouge customers in states that don't have adequate consumer protection laws in place.

Take the case of one Redditor who bought their child a $50 prepaid cash card. — Read the rest