Cardholder may enroll in the Monthly Plan to pay a flat fee of $9.95 per month instead of paying a fee for every purchase transaction under the Pay-As-You-Go 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.. Brink's is founded on a heritage of trust and a reputation as the most reliable name in the industry. All other trademarks and service marks belong to their owners. We value your trust. Why Should You Get a Business Credit Card? You'll receive a Card in the mail within 7-10 business days. 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. The $10 Purchase Cushion is not an extension of credit; it is a courtesy exercised at our discretion. How to Find a Money Transfer Service Near Me? But with Brink's Complete, they can improve savings & reduce the hours it takes to handle cash. Because Savings processed. The Brinks Prepaid is a decent starter card that offers rewards like a credit card, but carries a few fees to consider. $4.95 per transfer via Customer Service Agent. Standard text message or data rates may apply. You will need to pay $9.95, if you need a card replacement. On the other hand, the Brinks Prepaid card doesnt provide access to credit at all, just the ability to load the card with your money and swipe at payment terminals or use online. After qualifying, Monthly Plan Snapshot. now = new Date(); Plus, the app is optimized for . Our mission is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure that happens. editorial policy, so you can trust that our content is honest and accurate. NOTE: Fees assessed to your Card Account balance may bring your Card Account balance negative. redemption parameters. Its hard to steer clear of these fees, especially considering the list of situational costs like a 4 percent foreign transaction fee, $5.95 90-day inactivity fee and even a $4.95 fee for a custom picture on your card. How Prepaid Debit Cards Can Help You Budget, Compare Credit Counseling Services Reviews, Expert Tips On Repairing Your Credit Score, Re-Establishing and Restoring Your Credit, Compare Debt Settlement Companies Reviews. However, credit score alone does not guarantee or imply approval for any Plus, when you Direct Deposit at least $500 in payroll or government benefits in a calendar month onto your Brink's Money Prepaid Card, you're eligible for the Reduced Monthly Plan. With this combination of expertise and perspectives, we keep close tabs on the credit card industry year-round to: At Bankrate, we focus on the points consumers care about most: rewards, welcome offers and bonuses, APR, and overall customer experience. Brink's US Email: csc-dfw@brinksinc.com Just a dollar-for-dollar match. There is a reload fee of up to $3.95 fee every time you reload the card. Bankrateexpert Garrett Yarbrough strives to make navigating credit cards and credit building smooth sailing for his readers. Brink's, Incorporated operates in the State of Texas under DPS License C00550 It's a 16-digit number and CVV code that are tied to an account. without notice pursuant to applicable law. These are variable rates and may change No late fees or interest charges because this is not a credit card. A FICO score/credit score is used to represent the creditworthiness of a This product is and governmental customers. Every reasonable effort has been made to maintain accurate information. This is a third-party fee and is subject to change. The Brinks Prepaid Mastercard goes above and beyond our expectations for a prepaid debit card. Login. Activate/Register Log In Anytime Alerts TM Enroll in Anytime Alerts to keep track of your balance, deposits, and payments via text or email. See the Cardholder Agreement for details. There is a signature transaction fee of $1.50 every time a merchant requires signature-based authentification. 6,000,608 and 6,189,787. Bankrate.com is an independent, advertising-supported publisher and comparison service. And your money is FDIC Insured by Republic Bank & Trust Company, Member FDIC, upon card activation and identity verification. Certain products and services may be licensed under U.S. Patent Nos. Just direct deposit $500 or more in payroll or government benefits in a calendar month to your Card Account. Netspend is a registered agent of Republic Bank & Trust Company. Internal Revenue Service backup withholding at the time of the request to open a Savings Account, the request will be declined. *Card issued by Republic Bank & Trust Company, Member FDIC. (including, for example, the order in which they appear). Their use does not signify or suggest the endorsement, Bankrate, LLC NMLS ID# 1427381 | NMLS Consumer Access Certain products and services may be licensed under U.S. Patent Nos. prepaid debit cards and related financial services to the estimated 60 million underbanked consumers in the United States A PURCHASE OR PAYMENT WILL NOT INCREASE YOUR CHANCES OF WINNING. His areas of expertise include credit card strategy, rewards programs, point valuation and credit scores, and his stories on building credit have been cited by Mic.com, LifeHacker, People.com and more. Card Account and Savings Account funds are FDIC-insured upon verification of Cardholders 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 Home Equity Loan vs. Line of Credit: Which Should You Choose? Plan. 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. Securing cash and valuables since 1859.; With Brink's Direct Deposit, you can get paid faster than a paper check. They will tell you how to reload the card. transfers between Netspend Cardholders; a $4.95 fee applies to each such transfer conducted through a Brink's Customer Service agent. You'll receive a Card in the mail within 7-10 business days. However, if you choose a product and continue your application at a At Bankrate we strive to help you make smarter financial decisions. month instead of paying a fee for every purchase transaction under the Pay-As-You-Go Plan. There's no minimum spending or maximum rewards. Netspend is a registered agent of Republic Bank & Trust Company. You'll also get text alerts each time the card is used so you'll always know the balance and you'll remain protected from unauthorized purchases. 9. $10 purchase cushion offered at the bank's discretion to cover overdrafts. Approval review usually takes 3 to 5 minutes for repayment of any negative balance. of a check or other direct payment method. The content created by our editorial staff is objective, factual, and not influenced by our advertisers. Because Savings Use Direct Deposit Transaction fees, terms, and conditions apply to the use and reloading of the Card Account. Odds of winning depend on the total number of entries received during each applicable entry period. 1, 2020. 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, Can you run a netspend card as credit? who do not have a traditional bank account or who rely on alternative financial services. The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company, Member FDIC, pursuant to a license by Mastercard International Incorporated. that identifies each person who opens a Card Account. Order a Brink's Money Prepaid Mastercard and get the peace of mind you deserve. The Company you trust is offering you the features and benefits you deserve. The interest rates and APYs of each tier may change. Approved purchase transactions may Bankrate.com is an independent, advertising-supported comparison service. financial product. $5.95 per month. Up to $3.95 per load. These additional offers are similar to card-linked reward programs, like Amex Offers or Chase Offers. Above that, the APY drops to 0.50 percent (0.49 percent variable interest rate), which isnt a terrible rate considering the current average APY. The card comes with a mobile app . Charged in addition to any applicable Purchase Transaction Fee or OTC Withdrawal Fee. 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. 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. (877) 788-9067, or click the link below and activate it online. The account earns a whopping up to 5 percent APY, but only up to a tiny $1,000 balance (4.91 percent variable interest rate). See the Cardholder Agreement for details. The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company, Member FDIC, pursuant to a license by Mastercard International Incorporated. , so if you choose it over the Brinks Prepaid, it may be helpful to open a Discover banking account. The company you trust offers you the features and benefits. Certain restrictions apply; see the program terms and conditions for full details, including point earning and 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. The interest rates and APYs of each tier may change. Percentage taken of total check amount. Should you accept an early retirement offer? However, if used correctly, it can be handy in a bind and help people. Enroll in Direct Deposit to have your paycheck or government benefits onto your Card Account. SuperMoney strives to provide a wide array of offers for our users, but our offers do not but you may be able to use the Card for in-store purchase transactions. Intro Offer: Unlimited Cashback Match - only from Discover. The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company, Member FDIC, pursuant to a license by Mastercard International Incorporated. 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. When it comes to rewards cards centered around cash back on everyday purchases, you typically want your points to be worth at least 1 cent apiece for a 1 percent cash return. However, its still a stepping-stone to better products and should be used as such. Netspend is a registered agent of Republic Bank & Trust Company. Netspend, a Global Payments company, is a registered agent of Republic Bank & Trust Company. Republic Bank & Trust Company, Member FDIC. I mention reloading because it would be IMHO, the only reaso. So you can avoid interest payments, bounced checks, or overdraft fees. iPhone. 5. If Can a First-Time Home Buyer Get a Jumbo Loan? At each step of the way, we fact-check ourselves to prioritize accuracy so we can continue to be here for your every next. Use your card for signature purchase transactions then redeem those points for cash back on your Card Account.4, Add check funds to your Brink's Prepaid Mastercard with the mobile app.5, Checks subject to approval.