As such, your money may go a bit farther with a debit or credit card. Republic Bank & Trust Company is not affiliated in any way with this optional offer and does not endorse or sponsor this offer. We maintain a firewall between our advertisers and our editorial team. Netspend is a registered agent of Republic Bank & Trust Company. Can a First-Time Home Buyer Get a Jumbo Loan? Certain products and services may be licensed under U.S . 2Faster funding claim is based on a comparison of our policy of making funds available upon receipt of payment instruction versus the typical banking practice of posting funds at settlement. WHAT THIS MEANS FOR YOU: When you open a Card Account, we will ask for your name, address, date of birth, and your government ID number. Standard text message or data rates may apply. The Brink's Money Prepaid Mastercard combines the security of Brink's with the flexibility and power of Netspend. Card may be used everywhere Debit Mastercard is accepted. As soon as you do, you are eligible for our Reduced Monthly Plan (just $5 per month compared to $9.95)5, Enroll in Direct Deposit to get your paycheck or government benefits in your Card Account up to 2 days faster! The company you trust offers you the features and benefits. This is a third-party fee and is subject to change. The Savings Account is made available to Cardholders through Republic Bank & Trust Company; Member FDIC. Residents of Vermont are ineligible to open a Card Account. $2.50 per withdrawal, plus ATM owner fees, if any. Ingo Features 10.0/10. transactions!5. When your highest-paid employees spend time handling cash, your business loses time and money. It's convenient and faster than waiting for a paper check in the mail! How To Get a Personal Loan With Fair Credit, How to Use a Personal Loan to Build Credit. If cardholder receives $500 in payroll or government benefit direct deposits in 1 calendar month, cardholder will qualify for the Reduced Monthly Plan. Use of the Card Account is subject to activation, ID verification, and funds availability. Check the banks website for the most current information. Compare its features and fees in our detailed review. Early availability of funds requires payor's support of direct deposit and is subject to the timing of payor's payment instruction. Plus, the app is optimized for . ; No late fees or interest charges because this is not a credit card. These are promotional rates and may change We continually strive to provide consumers with the expert advice and tools needed to succeed throughout lifes financial journey. The owner of this website may be compensated in exchange for featured placement of certain PayPal's prepaid MasterCard charges $4.95 per month for unlimited purchases. With theDiscover it Secured Credit Card, you do have to put down a security deposit of at least $200, but you can enjoy rewards on your purchases, just like with the Brinks Prepaid, only without the purchase transaction fees if you opt for the pay-as-you-go plan. Cardholder is responsible Nouri Zarrugh is a writer and editor for CreditCards.com and Bankrate, focusing on product news, guides and reviews. Login. if (theYear < 1900) theYear = theYear + 1900; However, credit score alone does not guarantee or imply approval for any Use Direct Deposit Managing your money wherever, whenever. The maximum allowable savings account balance is $5,000. 4% of the U.S. Dollar amount of the purchase transaction. Use of the Card Account is subject to activation, ID verification, and funds availability. Prizes include (4) Grand Prizes valued at $5,000 each; (12) First Prizes valued at $500 each, (12) Second Prizes valued at @250 each, and (12) Third Prizes valued at $100 each. Brink's Prepaid Mastercard has a daily ATM withdrawal limit of $940. Prepaid cards operate like debit cards in that you cant spend beyond your cards balance. theYear = now.getYear(); The Brink's Money Prepaid Mastercard gives you the convenience of having a bank debit card. However, it will not help you build credit and some online merchants don't accept prepaid cards. Any opinions, analyses, reviews or recommendations expressed in this article are those of the authors alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. Certain products and services may be licensed under U.S. Patent Nos. However, its rewards program is confusing, and, like most prepaid cards, it poses a few fee-harvesting traps. Other prepaid cards like the Amex Serve Cash Back prepaid card may rake in more rewards and provide lower cost networks. Netspend, a Global Payments company, is a registered agent of Republic Bank & Trust Company. Order Your Brink's Money Prepaid Card Here >. 7 The Savings Account is made available to Cardholders through Republic Bank & Trust Company; Member FDIC. Because Savings Account funds are withdrawn through the Card Account 8 The $10 Purchase Cushion is not an extension of credit; it is a courtesy exercised at our discretion. There is no minimum balance. 1, 2020. Pay- How to Open a Brinks fire Safe. Residents of Vermont are ineligible to open a Card Account. Prepaid cards arent the best rewards pairing material, but co-branded prepaid cards like the Walmart MoneyCard Visa with Cashback Rewards might supply you with a higher-grade source of rewards if you frequently shop at specific retailers. LET'S TALK. From bill pay to a mobile app, text alerts to a purchase cushion, the Brinks reloadable debit card is one of our top rated prepaid cards. Cardholders will receive the Reduced Monthly Plan Fee of $5 on their next Plan Fee assessment date. The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company, Member FDIC, pursuant to a license by Mastercard International Incorporated. If the Average Daily Balance is more than $1,000.00, the interest rate paid on the portion of the Average Daily Balance which exceeds $1,000.00 will be 0.49% with an APY of 0.50%, and the interest paid on the portion of What differentiates the The Mango Prepaid Mastercard from the other prepaid cards on this list is its ridiculous savings account that lets cardholders earn up to 6.00% APY. You can also deposit your paycheck or a personal check using the mobile banking app, available for both Apple and Android phones. Does Refinancing Your Car Loan Hurt Your Credit Score? SuperMoney, and/or SuperMoney's lending partners, that will not affect your credit score. Turn the dial clockwise fully four times, and stop on the first number for the combination lock on the fifth turn of the dial. The card comes with a mobile app . Brink's Prepaid Mastercard. enrolled in the Monthly Plan and your Card Account has had no activity as described above, this fee applies instead of the Monthly Plan Fee. This product is Just make five (5) transactions of $5 or more on your Brink's Money Prepaid Mastercard.1, Card use subject to activation and identity verification.2. These are promotional rates and may change without notice pursuant to applicable law. Card use subject to activation and identity verification. Managing your money wherever, whenever. Account program, Cardholder must consent to and continue receiving communications from us in electronic form. No fee to receive You have not yet won. Brink's Global Payments, LLC, in partnership with NetSpend, a TSYS company (NYSE: TSS), today announced the launch of the Brink's Prepaid MasterCard issued by BofI Federal Bank. If Just direct deposit $500 or more in payroll or government benefits in a calendar month to your Card Account. 5. Filter & compare all your options in one place. for repayment of any negative balance. After regularly featuring his credit card, credit monitoring and identity theft analysis on NextAdvisor.com, he joined the CreditCards.com and Bankrate.com teams as a staff writer to develop product reviews and comprehensive credit card guides focused on cash back, credit scores and card offers. Read More If you plan to save your tax refund, this is the card for you. Card use subject to activation and identity verification. 6,000,608 and 6,189,787. We may also ask As far as rates and fees go, the Brinks Prepaid Mastercard is virtually identical to the Netspend Prepaid Visa. Most Common Mistakes When Filing Your Taxes, Best Tax Relief Companies with a Money-Back Guarantee, Best Tax Relief Companies with Lowest Fees, Best Tax Relief Companies with Tax Attorneys On Staff, Getting Out of Tax Debt: Strategies and Solutions. theYear = now.getYear(); If Cardholder is subject to Internal Revenue Service backup withholding at the time of the request to open a Savings Account, the request will be declined. Keep in mind that if you want access to credit quickly, the Self Credit Builder Account with Secured Visa is not the path you should take. Skip to content. Unless youre dedicated to a prepaid card, alternative options like one of the best checking accounts might be cheaper. restrictions may delay availability of funds with or without notice. All products or services are presented without warranty. . numbers. Find out how. For up-to-date Brink's Complete services are provided by Brink's Capital LLC, an indirect wholly owned subsidiary of The Brink's Company. Card activation and identity verification required before you can use the Card Account. 6,000,608 and 6,189,787. Besides its laundry list of fees, a few other key considerations deserve your attention before choosing the Brinks Prepaid. Greater of 2.0% of total check amount or $5.00 per check load. $1.00 per declined transaction. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Our team is full of a diverse range of experts from credit card pros to data analysts and, most importantly, people who shop for credit cards just like you. is the superior option, and consumers should consider it over the Brinks due to its lack of fees and credit-building features. It's well-known and trusted by consumers and retailers alike, has an enormous network, and this prepaid credit card has pretty low fees compared to others in the industry. (Residents of the State of Vermont are ineligible to open a Card Account). Prepaid MasterCards are used like regular credit cards. Along with card spending, your most sizable reward opportunities are unlimited $20 referral bonuses if individuals you refer put at least $40 on their cards. - 8 PM. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. How to Find a Money Transfer Service Near Me? Securing cash and valuables since 1859. Netspend Corporation.All rights reserved worldwide. Netspend, a Global Payments company, is a registered agent of Republic Bank & Trust Company. Instead, you might want to focus on earning a higher credit score with your card if you have less-than-perfect credit. plus you get: Use your Card in everyday places and you could earn cash back offers back to your Card Account. With Brink's Direct Deposit, you can get paid faster than a paper check. Because Savings Notice this card charges a monthly maintenance fee of up to $9.95. Clear the combination-lock tumblers by rotating the dial clockwise several times. If you are often close to the maximum balance, it may be time to put your money to work and deposit it in an account that yields interest, such as a savings account, a CD, or a money market account. The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired. You can add money to your Brink's Card from an existing bank account or from another Brink's Card. It's a 16-digit number and CVV code that are tied to an account. It's ideal for those who want early access to paychecks or government benefits or the ability to load funds in-person at more than 130,000 Netspend Reload Network locations in the US. While we adhere to strict April Answer: It depends on the country where the card is issued. Card activation and identity verification required before you can use the Card Account. See your Cardholder Agreement for details. All checks are subject to approval for funding in Ingo Money's sole discretion. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. You can use your Brink's Money Prepaid Mastercard to pay for just about anything. If the Average Daily Balance is more than $1,000.00, the interest rate paid on the portion of the Average Daily Balance which exceeds $1,000.00 will be 0.49% with an APY of 0.50%, and the interest paid on the portion of Brink's Prepaid Mastercard charges a monthly fee of up to $9.95. $3.00 per transfer. For example, the American Express Serve Cash Back prepaid card earns unlimited 1 percent cash back on all purchases in exchange for a $7.95 monthly fee. Our experts have been helping you master your money for over four decades.