the Average Daily Balance which is $1,000.00 or less will be 4.91%. Void where prohibited. Can a First-Time Home Buyer Get a Jumbo Loan? banking practice of posting funds at settlement. The company's mission is to develop CONSUMER DISCLOSURE: NO PURCHASE OR PAYMENT OF ANY KIND IS NECESSARY TO ENTER OR WIN. Managing your money wherever, whenever. Take cash to any of the over 130,000 Reload Locations in the Netspend Reload Network to fund your Card.3. but can take up to one hour. (CT) Saturday - Sunday: 8 AM. 8 Faster funding claim is based on a comparison of our policy of making funds available upon receipt of payment instruction versus the typical To participate in the Savings $3.00 per withdrawal. The owner of this website may be compensated in exchange for featured placement of certain However, if you choose a product and continue your application at a These are promotional rates and may change without notice pursuant to applicable law. The Brinks Prepaid Mastercard can be helpful in a financial pinch for people who are unbanked or who cant open a traditional checking account. 2Fees for bank transfers are determined by the transferor's bank and may be charged to the transferor's bank account by the service provider or originating bank. Filter & compare all your options in one place. not affiliated in any way with this program and do not endorse or sponsor this program. Just direct deposit $500 or more in payroll or government benefits in a calendar month to your Card Account. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. For purposes of FDIC coverage limit, all funds held on deposit by the Cardholder at Republic Bank & Trust Company will be aggregated location, and varies depending on location and amount of cash withdrawn. 6,000,608 and 6,189,787. Fee waivers and merchant offers have also been available in the past, so be sure to check your account every now and then for valuable opportunities. Enroll in Direct Deposit to get yout paycheck or government benefits in your Card Account up to 2 days faster. Bankrate has answers. The interest rates and APYs of each tier may change. April 6,000,608 and 6,189,787. What Are Different Types of Credit Cards? are slightly higher than the Brinks Prepaid 2 percent back at restaurants and gas stations on up to $1,000 per quarter, then 1 percent, and 1 percent on everything else. 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). 1IMPORTANT INFORMATION FOR OPENING A CARD ACCOUNT: To help the federal government fight the funding of terrorism and money laundering activities, the USA PATRIOT Act requires us to obtain, verify, An account inactivity fee is charged if if the card is not used for 90 days. 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, Incorporated operates in the State of Texas under DPS License C00550 Residents of Vermont are ineligible to open a Card Account. Charged in addition to any applicable Purchase Transaction Fee or OTC Withdrawal Fee. Fee may be either a flat fee or a percentage of the withdrawal amount. The Brink's Money Prepaid Mobile App gives you the power to manage your money on the go from the palm of your hand - View your transaction history and balance - Send money to friends and family 1 - Move money to and from Savings Account - Find the closest reload locations - Load checks using mobile image capture 2 Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range can also impact how and where products appear on this site. Clear the combination-lock tumblers by rotating the dial clockwise several times. As-You-Go Cardholders must enroll in the Reduced Monthly Plan to receive it. Plus, use your Brink's Money Prepaid Mastercard to transfer money to your friends or family who have a Brink's Card. Savings Account and is paid quarterly. However, credit score alone does not guarantee or imply approval for any Netspend, a Global Payments company, is a registered agent of Republic Bank & Trust Company. $2.50 per withdrawal, plus ATM owner fees, if any. IMPORTANT INFORMATION FOR OPENING A CARD ACCOUNT: To help the federal government fight the funding of terrorism and money laundering activities, the USA PATRIOT Act requires us to obtain, verify, and record information SuperMoney, and/or SuperMoney's lending partners, that will not affect your credit score. The Pay-As-You-Go Plan is the default Plan Fee on the Card Account. What bank does Brinks prepaid Mastercard use Certain products and services may be licensed under U.S. Patent Nos. Fee If your identity is partially verified, full use of the Card Account will document.write(theYear); We may also ask You may opt-out at any time by visiting the Payback Rewards page in your Online Account Center. A FICO score/credit score is used to represent the creditworthiness of a Void in U.S. details about how and when you get rewarded. 7 The Savings Account is made available to Cardholders through Republic Bank & Trust Company; Member FDIC. Up to the Greater of 2.75% of the withdrawal amount or $4.00 per withdrawal. Is Brinks better than ADT? And your money is FDIC Insured by Republic Bank & Trust Mobile Check Load is a service provided by First Century Bank, N.A. cardholder receives $500 in payroll or government benefit direct deposits in 1 calendar month, cardholder will qualify for the Reduced Monthly Brink's Money Prepaid Mastercard Activate your Brink's Money Paycard, verify your identity, [1] and learn more about its features here. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. IRS Tax Debt Relief Program: What Is It and Do You Qualify? 8. Besides its laundry list of fees, a few other key considerations deserve your attention before choosing the Brinks Prepaid. No late fees or interest charges because this is not a credit card. Certain products and services may be licensed under U.S. Patent Nos. No cost for online or mobile Account-to-Account transfers between Netspend Cardholders; a $4.95 fee applies to each such Plus, use your Brink's Money Prepaid Mastercard to transfer money to your friends or family who have a Brink's Card.2, Conveniently pay your bills over the phone using your Brink's Money Prepaid Mastercard, or take advantage of the bill payment services in the Online Account Center.9. Residents of Vermont are ineligible to open a Card Account. 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. You could win up to $5,000 in the Brink's Show Me The Money Truck Sweepstakes. Plus, the app is optimized for . PayPal's prepaid MasterCard charges $4.95 per month for unlimited purchases. Copyright 2023 SuperMoney, LLC. Our experts have been helping you master your money for over four decades. Our editorial team does not receive direct compensation from our advertisers. Republic Bank & Trust Company, Member FDIC. prevention restrictions at any time, with or without notice. Every reasonable effort has been made to maintain accurate information. . Savings vs. Money Market? Enroll in Direct Deposit to have your paycheck or government benefits onto your Card Account. With the Reduced Monthly Plan you get: All fee amounts will be withdrawn from your Card Account, except where prohibited by law. All products, logos, and company names are trademarks or registered trademarks of their respective holders. 9. The information, including card rates and fees, is accurate as of the publish date. What Are The Different Types of Life Insurance? 1. 5 The Pay-As-You-Go Plan is the default Plan Fee on the Card Account. This caveat is worth considering since prepaid cards dont enjoy as many federal protections as debit and credit cards do. The Brinks Prepaid MasterCard comes with additional features. Once your Card arrives in the mail, activate your Card, and verify your identity1 with your name, address, date of birth and government ID number. You may also be charged a fee by the ATM operator. January 21, 2022 by William Nelson A prepaid Mastercard can provide people without credit or debit cards a way to shop online. Because Savings Use of Card Account also subject In the US, different routing numbers may apply for different types of transactions and accounts. 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 Fee to send money is determined and assessed by Western Union. 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. Your funds on deposit are FDIC insured up to $250,000 through your issuing bank, subject to aggregation of all funds held on deposit. may affect your credit. Ends 1/31/22. Transaction fees, terms, and conditions apply to the use and reloading of the Card Account. There's no interest or late fees because it's not a credit card. 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. What Are the Differences Between Federal and Private Student Loans? But if youre a Brinks Preferred Benefits cardholder, the issuer may give you up to a $10 negative balance as a courtesy, offering some wiggle room if youre in a pinch. No Fee. The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company pursuant to a license by Mastercard International Incorporated. Where the Discover it Secured Credit Card really outshines compared to the Brinks Prepaid is its reduced fees. However, it will not help you build credit and some online merchants don't accept prepaid cards. Standard text message or data rates may apply. Which certificate of deposit account is best? 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. plus you get: Use your Card in everyday places and you could earn cash back offers back to your Card Account. You will need to pay $9.95, if you need a card replacement. If you choose the pay-as-you-go plan, itll be hard to maneuver without tripping over a fee. Ongoing rewards program boosts its long-term value, 130,000+ locations in the Netspend reload network, Pay-as-you-go plan offers flexibility with individual purchase fees instead of monthly fees, Shares valuable Netspend benefits, like a $10 courtesy cushion, Long list of fees make pay-as-you-go expensive, Nearly identical to the Netspend Visa Prepaid Card, Doesnt build credit and no additional security measures with Brinks. Other factors, such as our own proprietary website rules and the likelihood of applicants' credit approval also impact how and where products appear on this site. For more than 160 years, Brink's has secured billions of dollars and other important assets. The card comes with a mobile app . It's a 16-digit number and CVV code that are tied to an account. Your funds on deposit are FDIC insured up to $250,000 through your issuing bank, subject to aggregation of all funds held on deposit. Prepaid cards only allow you to spend money already in your account. Fraud prevention restrictions may We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. Brink's Money Prepaid Mastercard. - 8 PM. There is no minimum balance. Restrictions include: no ATM withdrawals, international transactions, account-to-account transfers and additional loads. With the Brink's Prepaid MasterCard, you can get paid up to two days faster and manage your money anytime and anywhere. Reward offers are based on individual shopping habits. (877) 788-9067, or click the link below and activate it online. The Brink's Prepaid Mastercard is designed for consumers who want the convenience of paying with plastic but don't want (or don't qualify) for a regular credit card. If your identity is partially verified, full use of the Card Account will Bankrate follows a strict editorial policy, so you can trust that were putting your interests first. Some prepaid cards require you to provide some personal information, such as your full name, address, date of birth, email, and SSN. 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. Do Private Student Loans Have a Statute of Limitations? 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. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within listing categories. You'll receive a Card in the mail within 7-10 business days. now = new Date(); Why you can trust this review How much does Brinks Prepaid Mastercard cost? We follow strict guidelines to ensure that our editorial content is not influenced by advertisers. Buying a Mobile Home: What You Need to Know, Compare Motorcycle and ATV Insurance Reviews, Compare Personal Watercraft Insurance Reviews, Considering Renters Insurance? Agreement. It may be worth looking into another prepaid credit card with a more straightforward redemption option, such as cash back. Netspend, a Global Payments company, is a registered agent of Republic Bank & Trust Company. Prepaid cards operate like debit cards in that you cant spend beyond your cards balance. Bankrateexpert Garrett Yarbrough strives to make navigating credit cards and credit building smooth sailing for his readers. In fact, its missing Netspends virtual card number benefit for safer online shopping. This editorial content is not provided by any financial institution. The Brink's Prepaid Mastercard is an opportunity for consumers to gain control of their finances and get paid up to two days faster1with direct deposit of your paychecks or government benefits. Card Account and Savings Account funds are FDIC-insured upon verification of Cardholders The Brink's Money Paycard Mobile App gives you the power to manage your account on the move. The Self Credit Builder Account marries the features of an installment loan, savings account and secured credit card to help people start their credit-building journey and establish positive financial habits. Check the information is accurate and submit your application. No cost for online or mobile Account-to-Account identity. Your money is in your Brink's Money Account and ready to be used by 8 a. CT on your payday. Pay- Find Your Best Match for Student Loan Refinancing. Greater of 5.0% of total check amount or $5.00 per check load. The Brink's Money Prepaid Mobile App gives you the power to manage your money on the go from the palm of your hand - View your transaction history and balance - Send money to friends and family. These additional offers are similar to card-linked reward programs, like Amex Offers or Chase Offers. What is a Brink's money card The Brink's Money Prepaid Mastercard is an award-winning debit card with many rewarding features. Republic Bank & Trust Company is not affiliated in any way with this optional offer and does not endorse or sponsor this offer. Skip to content. Card use subject to activation and identity verification. Certain products and services may be licensed under U.S. Patent Nos.