Posted by William Charles on January 24, 2020
Misc

Published on January 24th, 2020 | by William Charles

18

Sakura Debit Card To Be Discontinued On January 31st

Sakura has sent out an e-mail to debit cardholders letting them know that support for this product will be discontinued on January 31st, some readers might have this card due to the $250 bonus that was being offered. E-mail as follows:

Thank you for your interest in the reloadable debit card through Sakura! We are writing to let you know that, as of January 31st at 5PM PST, this product is no longer being supported by the company.

What does this mean for you? If you have a remaining balance on the card, you will be sent a check for the exact dollar amount of that remaining balance – this check will be sent to the same address that you received your Sakura card to initially. The check will be cut with the remaining balance as of 5PM PST on January 31st.

In the meantime, if you linked a bank account and have been reloading your card, you will no longer be able to reload your card via your linked bank account. Thank you for your participation with the reloadable debit card.

Cheers,
The Sakura Team

Hat tip to sexy_kitten7



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Sammy
Sammy

That was quick for it to be discontinued! Not surprising as their advertising was quite lackluster to say the least.

Avi
Avi

I will never tire of collecting wasted venture capital.

Billy Bob
Billy Bob

I am glad we could help them out with that hated $400 they didn’t know what to do with.

Jeremy
Jeremy

+1

Billy Bob
Billy Bob

Not a single investor said, “You’re going to do WHAT to attract customers?!!”

iks
iks

haven’t used it yet, but will gladly take the cash payout. tried using with the cash app, but it thinks it’s a credit card vs debit.

Billy Bob
Billy Bob

Do you trust them? I am thinking about 1) Amazon GC, 2) Safeway GC, or maybe 3) buy a money order.

Phill
Phill

As soon as I got the $250 it went to Amazon GC reload

Billy Bob
Billy Bob

Smart.
I missed the survey but both P1 and P2 in this household got the loaded cards. I am seriously thinking about going this route — probably this weekend.

debit
debit

Nice. Not bad to get personal information to steal identity for 250.

Cliftonmcdnl
Cliftonmcdnl

unless you used an EIN like I did. They emailed me asking for my social security number or my account would be closed a few months ago, but I just cashed it out before then.

Ferris
Ferris

Now that the Sakura debit card is going away, does anyone know when the Shakira debit card will come to the market?

AL_PF
AL_PF

Whenever, Wherever

David
David

*Stands and claps hands loudly*

Duke I.
Duke I.

Oh good. Now I can shred the card. Hope they’re not planning to send a 1099.

KL
KL

Has anyone received their check from Sakura? Their email said that the check will be issued on 1/31 but I have not received it in the mail yet.

Nate
Nate

I haven’t and was wondering the same. Should have drained the card when they made the announcement.

Duke I.
Duke I.

Never wait on a check from a company in despair. Should have drained the account as soon as the email was sent out. I shredded my card 1/31. Funds were out the day it was credited.

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