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Cancellation service #1 in South Africa
Meteor is a platform associated with several products: a UK‑based savings/investment portal (Meteor Asset Management) and software services branded "Meteor".
The instructions below focus on cancellation and withdrawal for the Meteor savings/investments product and on subscription/hosting rules where referenced.
Investment products (fixed‑term, easy access, notice accounts) follow product terms rather than app store subscription rules.
Software/subscription terms (hosting or app subscriptions) follow the platform terms of service for Meteor software.
Access to investment accounts depends on the product: Easy Access funds become available after withdrawal processing; fixed‑term holdings remain until maturity unless an early withdrawal is executed.
Subscription services end according to the billing cycle and the provider’s terms of service for software products.
Meteor processes withdrawal and closure requests per its platform rules; processing times vary by product and banking rails.
If you request data deletion, keep copies of any confirmations - some reviewers report problems with deletion and subsequent marketing contacts.
There is no statutory 14‑day money‑back right for investments; product literature and early withdrawal terms apply.
Withdrawing before maturity may incur an early withdrawal charge and you may lose capital if market values have fallen.
Meteor software terms state there are no refunds for partial months of hosting or subscription services.
Always check the specific terms linked to your subscription before assuming a pro‑rata refund will be given.
| Plan | Price | Period | Features |
|---|---|---|---|
| Meteor Plus Monthly Plan | SAR 9.99 | Monthly | Unlock Pro features for Meteor: Note and Calendar (removes limits) |
| Meteor Pro Annual Plan | SAR 79.99 | Annual | Unlock Pro features for Meteor: Note and Calendar (annual subscription) |
| Learn Meteor.js Offline [PRO] | R39.99 | One‑time | Offline tutorial app for learning Meteor.js |
These exact ZAR prices are for apps named “Meteor” available in the App Store (2025/2026) and were verified from available listings.
No other ZAR‑priced offerings were found in the verified sources; contact the provider if you need pricing for other services.
South African consumers are protected by the Consumer Protection Act and related regulations; rights include clear terms, fair treatment and keeping transaction records.
Keep account statements, terms and any correspondence to support disputes or complaints locally.
If Meteor is a UK‑based provider for your product, Meteor explains its complaints process and escalation to the UK Financial Ombudsman Service where applicable.
Check whether your complaint should be handled locally first or escalated to the provider’s stated dispute resolution route.
Users praise the Meteor savings portal as “excellent and easy to use” and report the investment transfer process as “efficient, clear, and hassle‑free.”
Positive feedback highlights ease of use for moving savings between providers.
Some users report intrusive ID verification requirements (selfie checks) beyond their expectations under FCA rules.
There are reports that data‑deletion requests were not fully respected and marketing emails continued after a deletion request.
Attempting an early withdrawal without reading the product terms can lead to a flat early withdrawal charge and potential capital loss.
Example: early withdrawal charges (e.g. a flat £100 fee effective June 2025) may apply to some products.
Many users assume cancelling an app subscription via Apple/Google also cancels investment or savings accounts - this is not the case for Meteor Asset Management products.
Always cancel or request withdrawals through the provider’s account interface for investment products.
| Feature | Meteor (verified) | What to watch for |
|---|---|---|
| Cancellation method | Depends on product type - withdrawal via account; app store not specified for investments. | Follow product‑specific withdrawal steps; cancel app subscriptions separately through store. |
| Refunds | No pro‑rata refunds for hosting/subscriptions; no 14‑day investment refund right. | Expect no partial‑month hosting refunds; read investment early‑withdrawal terms. |
| Early withdrawal charges | May apply (examples include a flat charge - see provider disclosure). | Check the published early‑withdrawal charges before cancelling a fixed‑term product. |
| Consumer protection | Eligible funds on the Meteor Platform are covered by the UK FSCS up to the stated limits. | Confirm whether FSCS applies to your product and whether local SA protections are available. |
Cancellation and refunds depend on the exact product and its terms; read documentation and confirm steps before acting.
Keep records and use the provider’s official complaint route if problems arise.
83 THE MERIDIAN, BEDFORDVIEW, JOHANNESBURG, GAUTENG, 2001, South Africa
Records indicate the local company may be inactive or deregistered; confirm current contact details before sending documents or payments.
If you are unsure whether you are dealing with the correct entity, contact support through your account and retain all correspondence.
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Written by Ayanda Maseko
Regulatory watch · 3 years experience
Legal analyst tracking eIDAS, GDPR and electronic delivery regulations for 3 years to make sure every Postclic template is compliant and admissible in court.