Login. Early identity. Greater of 2.0% of total check amount or $5.00 per check load. 8 Faster funding claim is based on a comparison of our policy of making funds available upon receipt of payment instruction versus the typical Answer: It depends on the country where the card is issued. All products, logos, and company names are trademarks or registered trademarks of their respective holders. For people without credit, theDiscover it Secured Credit Cardis the superior option, and consumers should consider it over the Brinks due to its lack of fees and credit-building features. Still, the card offers two-day early direct deposit and a decent portfolio of handy Netspend benefits if youre a Brinks Preferred Benefits cardholder (load qualifying direct deposits of at least $500 in one month to be eligible). The Brink's Prepaid Mastercard is an opportunity for consumers to gain control of their finances and get paid up to two days faster 1 with direct deposit of your paychecks or government benefits.. The Brinks Prepaid MasterCard is for those who might not be able to get a bank account, but want some of the benefits and features of a bank account. Please explain your vote by sharing your experience. Your funds on deposit are FDIC insured up to $250,000 through your issuing bank, subject to aggregation of all funds held on deposit. 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. Fraud prevention restrictions may Residents of Vermont are ineligible to open a Card Account. Luckily, these reward opportunities can easily fit into your regular spending since they are personalized around your purchases. The interest rates and APYs of each tier may change. Which Account Fits You Best? Bankrate.com does not include the entire universe of available financial or credit offers. $5.95 per month. banking practice of posting funds at settlement. , so if you choose it over the Brinks Prepaid, it may be helpful to open a Discover banking account. When you open a Self account, a loan is placed into a certificate of deposit, which you must pay back. 9. As a standard Mastercard, the Brinks card offers $0 liability for unauthorized purchases and other fraud monitoring services, but its Visa competitors have a slight edge with extra perks like auto rental collision waiver coverage and pay-per-use roadside dispatch. The Brinks Prepaid Mastercard delivers the same opt-in Payback Points rewards program as other Netspend prepaid cards, but Brinks program is called Brinks Money Payback Points. Prepaid MasterCards are used like regular credit cards. Netspend is a registered agent of Republic Bank & Trust Company. This editorial content is not provided by any financial institution. Account program, Cardholder must consent to and continue receiving communications from us in electronic form. Because Savings 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. Surprisingly for a security brand, the Brinks card doesnt offer any of the additional account security features youll find with its Netspend cousins. So, whether youre reading an article or a review, you can trust that youre getting credible and dependable information. After qualifying, Monthly Plan We endeavor to ensure that the information on this site is current and accurate but you should confirm any information with the product or Through his thorough card reviews and product comparisons, Nouri strives to demystify personal finance topics and credit card terms and conditions to help readers save money and protect their credit score. NOTE: Fees assessed to your Card Account balance may bring your Card Account balance negative. Order a Brink's Money Prepaid Mastercard and get the peace of mind you deserve. standard Replacement Card Fee. Bankrate has answers. 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. in electronic form. Brink's secures valuables around the world. However, Visa cards tend to offer more perks on base cards than Mastercard credit cards, and the Brinks Prepaid is also missing the Netspends virtual card number and additional savings account banking options. You'll receive a Card in the mail within 7-10 business days. No Fee. Up to the Greater of 2.75% of the withdrawal amount or $4.00 per withdrawal. The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company, Member FDIC, pursuant to a license by Mastercard International Incorporated. With Direct Deposit, you don't have to wait in line to cash your check, pay checking cashing fees, or worry about a paper check being lost or stolen. Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision. What bank does Brinks prepaid Mastercard use Early availability of funds requires payor's support of direct deposit and is subject to the timing of payor's payment instruction. family Refinancing Student Loans, Alternatives To Private Student Loan Forgiveness. Theres no upfront card purchase fee, but youll have to pay up to $3.95 just to reload your cards cash balance. There is no minimum balance. What Are Different Types of Credit Cards? $4.95 per transfer via Customer Service Agent. Should You Hire a Debt Settlement Company or Do It Yourself? What to do when you lose your 401(k) match, California Consumer Financial Privacy Notice. Netspend, a Global Payments company, is a registered agent of Republic Bank & Trust Company. Our editorial team does not receive direct compensation from our advertisers. Discover will automatically match all the cash back you've earned at the end of your first year! See the Cardholder Agreement for details. Savings vs. Money Market? Cash back rewards are credited to your Card Account and are not available in the form SuperMoney, and/or SuperMoney's lending partners, that will not affect your credit score. How to Find a Money Transfer Service Near Me? 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. We may also ask to see your driver's license or other identifying information. At Bankrate we strive to help you make smarter financial decisions. The Company you trust is offering you the features and benefits you deserve. Starts 2/1/21. See if you qualify for student loan refinancing and compare real time offers. Nouri Zarrugh is a writer and editor for CreditCards.com and Bankrate, focusing on product news, guides and reviews. Brinks Prepaid Mastercard vs. other starter cards, Connect with Garrett Yarbrough on LinkedIn, One Time $9 - $15 Account Fee (Varies by Product), , 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. Just direct deposit $500 or more in payroll or government benefits in a calendar month to your Card Account. 6. plus you get: Use your Card in everyday places and you could earn cash back offers back to your Card Account. Snapshot. 4% of the U.S. Dollar amount of the purchase transaction. If youve decided a prepaid credit card is the perfect payment choice but you might not use it often enough to justify a monthly fee, then the Brinks Prepaid Mastercard and its pay-as-you-go plan could be a great fit. Pros and Cons of Refinancing Your Mortgage, Questions to Ask Before Refinancing Your Mortgage, SuperMoney's Student Loan Refinance Marketplace, How To Get The Best Student Loan Refinance Rates. Managing your money wherever, whenever. Recommendation score measures the loyalty between a provider and a consumer. Ends 1/31/22. 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. - 8 PM. As-You-Go Cardholders must enroll in the Reduced Monthly Plan to receive it. Restrictions include: no ATM withdrawals, international transactions, account-to-account transfers and additional loads. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. for your tax refundand for all your payroll and benefit checks too. If the Average Daily Balance is $1,000.00 or less, the interest rate paid on the entire balance will be 4.91% with an Annual Percentage Yield (APY) of 5.00%. However, if you need a checking account and have no access to a traditional one, the Brinks can be helpful. the Average Daily Balance which is $1,000.00 or less will be 4.91%. The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company, Member FDIC, pursuant to a license by Mastercard International Incorporated. The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company pursuant to a license by Mastercard International Incorporated. If Cardholder is subject to Our editors and reporters thoroughly fact-check editorial content to ensure the information youre reading is accurate. Any opinions, analyses, reviews or recommendations expressed here are those of the authors alone, 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. Certain products and services may be licensed under U.S. Patent Nos. Don't have a card? However, it will not help you build credit and some online merchants don't accept prepaid cards. Make five (5) transactions of at least $5 in one month for a chance to win, Each additional transaction of at least $5 earns an additional entry, Monthly drawings for $100, $250 and $500 prizes, Get access to your account wherever you are. The APYs were accurate as of Card Account and Savings Account funds are FDIC-insured upon verification of Cardholders April Activate/Register Log In Anytime Alerts TM Enroll in Anytime Alerts to keep track of your balance, deposits, and payments via text or email. CONSUMER DISCLOSURE: NO PURCHASE OR PAYMENT OF ANY KIND IS NECESSARY TO ENTER OR WIN. Considering a card program for your business? Fee applies if there are funds in the Card Account and the Card Account has had no activity, i.e., no purchases; no cash withdrawals; no load transactions; and no Balance Inquiry Fee for ninety (90) days. Cardholder is responsible for repayment of any negative balance. These are promotional rates and may change without notice pursuant to applicable law. document.write(theYear); 3. money on your Card via Western Union Money Transfer. 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. Brink's Prepaid Mastercard has a daily ATM withdrawal limit of $940. Netspend Corporation.All rights reserved worldwide. January 21, 2022 by William Nelson A prepaid Mastercard can provide people without credit or debit cards a way to shop online. The Brinks Prepaid Mastercard goes above and beyond our expectations for a prepaid debit card. To order a Card, provide your name, mailing address and email address. Reduce industry jargon so you get the clearest form of information possible, so you can make the right decision for you. Is Brinks better than ADT? custom card requires resubmission of image and payment of Custom Card Fee; or (b) a replacement standard card requires payment of document.write(theYear); Take cash to any of the over 130,000 Reload Locations in the Netspend Reload Network to fund your Card.3. Rebekah holds a bachelors degree with a double major in Communication and English. 3 Fee may be assessed by reload location and may vary from location to location. Card activation and identity verification required before you can use the Card Account. If cardholder receives $500 in payroll or government benefit direct deposits in 1 calendar month, cardholder will qualify for the Reduced Monthly Plan. The maximum allowable savings account balance is $5,000. document.write(theYear); No fee; standard text message or data rates may apply. All checks are subject to approval for funding in Ingo Money's sole discretion. now = new Date(); It may be worth looking into another prepaid credit card with a more straightforward redemption option, such as cash back. Furthermore, there are better prepaid cards that can truly help you establish financial security and provide avenues to graduate to products like the best secured credit cards. Netspend is a registered agent of Republic Bank & Trust Company. See the Walmart MoneyCard. But with Brink's Complete, they can improve savings & reduce the hours it takes to handle cash. Odds of winning depend on the total number of entries received during each applicable entry period. With Brink's Money, everyone is eligible regardless of credit history,2 Once you activate your Brink's Money Prepaid MasterCard, you'll love the Brink's Money Program because it's: Fast and Convenient: No more waiting to get your paycheck. If Fill in the application form. The Savings Account is made available to Cardholders through Republic Bank & Trust Company; Member FDIC. While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service. Brink's Prepaid Mastercard charges a monthly fee of up to $9.95. or originating bank. Set the dial to 0. Save time don't wait in line to cash your check, Save money don't pay fees to cash your checks, Access to a Savings Account up to a 5.00% APY. There is a reload fee of up to $3.95 fee every time you reload the card. Mastery Wiki Search for: How; Who; But a debit card is an all-around better (and cheaper) starter card, if thats your concern, and there are a few checking accounts that reward spending like the Discover Cashback Debit Account. No Minimum Balance, No Late Fees - because this is not a credit card This caveat is worth considering since prepaid cards dont enjoy as many federal protections as debit and credit cards do. 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. 9 Bill payments may be subject to fees. Login. theYear = now.getYear(); Skip to content. The Brink's Money Paycard Mobile App gives you the power to manage your account on the move. While the Brinks Prepaid Mastercard is a solid option, you can find better rewards and fewer fees with other prepaid credit cards or a debit card. processed. Brinks costs $39.99 to $49.99 a month, depending on which plan you choose. Faster 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. The APYs were accurate as of var now = new Date(); var balanceDate = now.getMonth() + "/01/" + now.getFullYear(); document.write(balanceDate);. Prepaid cards only allow you to spend money already in your account. The company you trust offers you the features and benefits. The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company, Member FDIC, pursuant to a license by Mastercard International Incorporated. However, if used correctly, it can be handy in a bind and help people. There is a signature transaction fee of $1.50 every time a merchant requires signature-based authentification. Use Direct Deposit 6 Payback Rewards is an optional program. Netspend is the federally registered U.S. service mark of Netspend Corporation. 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. Because Savings How much should you contribute to your 401(k)? What KInd Of Credit Do You Need For An Auto Loan? identity. If you wish to change to another Plan, just call 1 (877) 8493249 or visit. If Cardholder is subject to We follow strict guidelines to ensure that our editorial content is not influenced by advertisers. Which certificate of deposit account is best? 4 Fees for bank transfers are determined by the transferor's bank and may be charged to the transferor's bank account by the service provider See the program FAQs and Terms and Conditions in your Online Account Center for additional At each step of the way, we fact-check ourselves to prioritize accuracy so we can continue to be here for your every next. Additional transaction fees, costs, terms and conditions may editorial policy, so you can trust that our content is honest and accurate. Sponsored by: Netspend Corporation, 5900 Airport Boulevard, Austin TX, 78752. Home Equity Loan vs. Line of Credit: Which Should You Choose? Use of the Card Account is subject to activation, ID verification, and funds availability. Sign Up Now. Does Brinks charge a monthly fee? Use of the Card Account is subject to activation, ID verification, and funds availability. Plan. Direct Deposit more than $500 in payroll or government benefits in a calendar month and you'll be eligible for the Reduced Monthly Plan, our plan with the most features. The Brink's Money Prepaid Mastercard gives you the convenience of having a bank debit card. All rights reserved. Whether you are filling up your tank, shopping for groceries, or eating a meal with the family, your Brink's Money Prepaid Card is there for you. Youll also experience a $3 Over-the-Counter (OTC) cash withdrawal fee at financial institutions like banks or a 2.75 percent fee of the total withdrawal at in-network reload locations (or $4, whichever is greater). delay availability of funds with or without notice. However, credit score alone does not guarantee or imply approval for any CTA Banner. reduce the interest earned on the Savings Account. Can you run a netspend card as credit? Savings Account and is paid quarterly. Certain products and services may be licensed under U.S . This product is Standard text message or data rates may apply. 1, 2020. We may also ask Intro Offer: Unlimited Cashback Match - only from Discover. And your money is FDIC Insured by Republic Bank & Trust The offers that appear on this site are from companies from which Bankrate.com receives compensation. Prepaid Debit Cards from, in Clear the combination-lock tumblers by rotating the dial clockwise several times. Would you recommend Brink's Prepaid Mastercard to your friends? See online custom card FAQs and the Fee Schedule in the Cardholder Agreement. You do have the card in your possession, correct? if (theYear < 1900) theYear = theYear + 1900; See the Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. month instead of paying a fee for every purchase transaction under the Pay-As-You-Go Plan. Up to $3.95 per load. person and may be one indicator to the credit type you are eligible for. So you can avoid interest payments, bounced checks, or overdraft fees. purposes of FDIC coverage limit, all funds held on deposit by the Cardholder at Republic Bank & Trust Company will be aggregated up to the coverage limit, currently $250,000.00.