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. Should You Hire a Debt Settlement Company or Do It Yourself? Mobile Check Load is a service provided by First Century Bank, N.A. 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. (Residents of the State of Vermont are ineligible to open a Card Account). Card may be used everywhere Debit Mastercard is accepted. 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%. 6,000,608 and 6,189,787. How to Open a Brinks fire Safe. 7 The Savings Account is made available to Cardholders through Republic Bank & Trust Company; Member FDIC. Does Refinancing Your Car Loan Hurt Your Credit Score? However, you may be able to earn bonus points at a higher rate if you take advantage of additional limited-time, merchant-specific offers in your Online Account Center. Residents of Vermont are ineligible to open a Card Account. 7. $5.95 for processing and mailing of a return of funds check at Card Account closure. While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service. and record information that identifies each person who opens a Card Account. 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. Fee is assessed to transferor's account when the transfer is 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. 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. If Cardholder is subject to Compare Home Equity Lines of Credit Reviews. For consumers, the Brink's Money card can be used in stores, restaurants and online, and provides access to cash at ATMs around the world. 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, This is a third-party fee and is subject to change. The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired. If custom card is lost, stolen, or damaged, any request for: (a) a replacement Points can be redeemed for cash back in the form of account credits, but you must log in to the Online Account Center or mobile app to see your other reward choices. 2023 Bankrate, LLC. How to Get a Reverse Mortgage: 3 Steps to Getting an HECM. Should You Use a HELOC to Pay Off Credit Card Debt? Interest is 6,000,608 and 6,189,787. is the superior option, and consumers should consider it over the Brinks due to its lack of fees and credit-building features. The Brinks Prepaid is only worth it in very specific situations, like if you cant open a traditional banking account. Brink's Money Prepaid Mastercard. month instead of paying a fee for every purchase transaction under the Pay-As-You-Go Plan. information from the IRS, visit https://www.irs.gov/refunds. Why Should You Get a Business Credit Card? 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. However, if used correctly, it can be handy in a bind and help people financially establish themselves before graduating to checking accounts and secured credit cards. Netspend is the federally registered U.S. service mark of Netspend Corporation. It's convenient and faster than waiting for a paper check in the mail! Brink's understands that time and money are valuable to you. 1, 2020. Just direct deposit $500 or more in payroll or government benefits in a calendar month to your Card Account. Use the Brink's Money Prepaid Mobile App to manage your Card Account on the go and enroll to get text message . of a check or other direct payment method. Transfer of funds via ACH from your bank account at another financial institution to your Card Account. Brink's Money Prepaid Mastercard. Other prepaid cards like the Amex Serve Cash Back prepaid card may rake in more rewards and provide lower cost networks. and everyday life! Brink's Prepaid Mastercard has a daily ATM withdrawal limit of $940. Enroll in Direct Deposit to get your paycheck or government benefits in your Card Account up to 2 days faster! Restrictions include: no ATM withdrawals, international transactions, account-to-account transfers and additional loads. Republic Bank & Trust Company and Mastercard are Territories, including Guam and Puerto Rico, and where prohibited by law. What Are Collateral-Free Unsecured Business Loans? 5 The Pay-As-You-Go Plan is the default Plan Fee on the Card Account. +++To qualify for the Reduced Monthly Plan, your Card Account must receive qualifying direct deposits of paychecks and/or government benefits totaling at least $500 in one (1) calendar month. With Brink's Direct Deposit, you can get paid faster than a paper check. Approval review usually takes 3 to 5 minutes For one, setting up direct deposits with the Brinks card means funds are available up to 2 days earlier than with a bank. Approved purchase transactions may create up to a $10.00 negative balance on your Card Account. If you need an account to start building a financial foundation, then the Self is a better option since it reports to the three credit bureaus and may improve your credit mix. Residents of Vermont are ineligible to open a Card Account. * Get direct deposit information. Approved purchase transactions may The Company you trust is offering you the features and benefits you deserve. Percentage taken of total check amount. How to Find a Money Transfer Service Near Me? Just a dollar-for-dollar match. Skip to content. Card Account and Savings Account funds are FDIC-insured upon verification of Cardholders The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company, Member FDIC, pursuant to a license by. deducted from check total prior to loading your Card Account. Starts 2/1/21. You will need to pay $9.95, if you need a card replacement. And your money is FDIC Insured by Republic Bank & Trust theYear = now.getYear(); 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. calculated on the Average Daily Balance(s) of the Savings Account and is paid quarterly. Login. Company, Member FDIC, upon card activation and identity verification.1. The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company pursuant to a license by Mastercard International Incorporated. The company you trust offers you the features and benefits you deserve to create a more convenient way to bank. Reward offers are based on individual shopping habits. The Brinks prepaid card is issued by Netspend and carries a nearly identical structure to the Netspend Visa Prepaid Card down to the rewards, fees and most benefits. Netspend is the federally registered U.S. service mark of Netspend Corporation. Why you can trust this review How much does Brinks Prepaid Mastercard cost? The APYs were accurate as of var now = new Date(); var balanceDate = now.getMonth() + "/01/" + now.getFullYear(); document.write(balanceDate);. Take cash to any of the over 130,000 Reload Locations in the Netspend Reload Network to fund your Card.3. Card activation and identity verification required before you can use the Card Account. You can see a full range of options, including Automated Clearing House (ACH) Payments and MoneyGram, Visit any of the over 130,000 reload locations in the. Use of Card Account also subject 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 * Find surcharge free ATMs. Interest is What Is Brinks Prepaid Mastercard? More from our insights library: The True Costs of Manual Cash Management Manual cash management costs businesses time and money. Avoid These Costly Mistakes, Compare Specialty Homeowners Insurance Reviews, Expert Strategies to Invest in Real Estate, How To Start Investing with $1,000 or Less, Investment Strategies to Start Building Wealth, Finding the Right Investor for Your Startup, Strategies On Increasing Your Current Income, How To Manage Your Personal Finances Successfully, Retirement Savings: Making Up for Lost Time. So you can avoid interest payments, bounced checks, or overdraft fees. 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. 5 No charge for this service, but your wireless carrier may charge for messages or data. 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. Interest is calculated on the Average Daily Balance(s) of the Standard text message or data rates may apply. Here are some of the ways to add money to your Card Account once you've activated your Card and verified your identity.1, Add Money to your Brink's Money Prepaid Mastercard >. standard Replacement Card Fee. A FICO score/credit score is used to represent the creditworthiness of a Program sponsor: Netspend Corporation. SuperMoney strives to provide a wide array of offers for our users, but our offers do not Netspend Corporation.All rights reserved worldwide. document.write(theYear); Can you run a netspend card as credit? Transaction fees, terms, and conditions apply to the use and reloading of the Card Account. Republic Bank & Trust Company is not affiliated in any way with this optional offer and does not endorse or sponsor this offer. 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. Snapshot. Because Savings Account funds are withdrawn through the Card Account Neither Plan Fee option includes any other fees. Editorial Disclosure: Opinions expressed here are the author's alone, and have not been reviewed or approved by any advertiser. These are promotional rates and may change This is a third-party fee and is subject to change. However, if you choose a product and continue your application at a After three months of on-time payments, plus at least $100 of the CD loan paid back, you can apply for the Self credit card. Because Savings The Brink's Money Prepaid Mastercard gives you the convenience of having a bank debit card. Start to spend more time on the things that matter like family, friends and everyday life. Are you an existing customer? 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 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 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. 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. The Brink's Company (NYSE:BCO) is the global leader in total cash management, route-based secure logistics and payment solutions including cash-in-transit, ATM services, cash management services (including vault outsourcing, money processing and intelligent safe services), and international transportation of valuables. Cardholder may enroll in the Monthly Plan to pay a flat fee of $9.95 per Odds of winning depend on the total number of entries received during each applicable entry period. See if you qualify for student loan refinancing and compare real time offers. or originating bank. Card details Highlights Brink's gives you the peace of mind you deserve. Buying a Mobile Home: What You Need to Know, Compare Motorcycle and ATV Insurance Reviews, Compare Personal Watercraft Insurance Reviews, Considering Renters Insurance? No late fees or interest charges because this is not a credit card. Ingo April Our editorial team does not receive direct compensation from our advertisers. The maximum allowable savings account balance is $5,000. No minimum balance necessary to open Savings Account or obtain the yield(s). The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company, Member FDIC, pursuant to a license by Mastercard International Incorporated. April The maximum balance you can have on Brink's Prepaid Mastercard is $15,000. Earn 2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter. . 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. With Brink's Direct Deposit, you can get paid faster than a paper check. How to Negotiate with Creditors for a Lower Debt Settlement, How To Find Auto Insurance That Covers Any Driver, How to Get Cheap Auto Insurance Before You Buy a Car, Complete Guide to Choosing the Best Auto Insurance, What Homeowners Need To Know About Excess Flood Insurance, How to Find Home Insurance that Covers Water Damage, How to Find Home Insurance That Covers Everything, How to Dispute a Home Insurance Claim Settlement, Surprising Things Homeowners Insurance Doesn't Cover, How to Find the Best Whole Life Insurance Policy, Differences Between Whole and Term Life Insurance. Fill in the application form. Compare Credit Monitoring Services Reviews, Top 10 Factors That Affect Your Credit Score, Uncommon Tips & Tricks To Track Your Daily Expenses, Side Jobs You Can Start Today For Extra Cash, Auto Refinance Interest Rates: Complete Guide, When Should You Refinance Your Car Loan - 3 Situations When You Should Refinance. by SuperMoney users with a score of -47, equating to 2.1 on a 5 point rating scale. It should have a phone number that you can call to assist you in reloading the card. Void in U.S. iPad. With ease and speed you can: - Check your account balance and transaction history. For 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. Were transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money. transfers between Netspend Cardholders; a $4.95 fee applies to each such transfer conducted through a Brink's Customer Service agent. The Brink's Prepaid Mastercard provides cardholders with an easy way to pay and manage money prior to opening a credit card or secured card account. 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). Our editors and reporters thoroughly fact-check editorial content to ensure the information youre reading is accurate. the Average Daily Balance which is $1,000.00 or less will be 4.91%. 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). With the Brink's Prepaid MasterCard, you can get paid up to two days faster and manage your money anytime and anywhere. Take our 3 minute quiz and match with an advisor today. to see your driver's license or other identifying information. Another feature is the $10 Purchase Cushion: Brinks will create a $10 negative balance on the account to cover any overdrafts. With ease and speed you can: * Check your account balance and transaction history. prevention restrictions at any time, with or without notice. Fee to send money is determined and assessed by Western Union. Home Equity Loan vs. Line of Credit: Which Should You Choose? 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. 9. The Brink's Prepaid Mastercard is designed for consumers who want the convenience of paying with plastic but dont want (or dont qualify) for a regular credit card. 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. Transaction fees, terms, and conditions apply to the use and reloading of the Card Account. Which Account Fits You Best? Theres no upfront card purchase fee, but youll have to pay up to $3.95 just to reload your cards cash balance. We may also ask to see your driver's license or other identifying information. 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. (877) 788-9067, or click the link below and activate it online. So, whether youre reading an article or a review, you can trust that youre getting credible and dependable information. Enroll in Direct Deposit to have your paycheck or government benefits onto your Card Account. At each step of the way, we fact-check ourselves to prioritize accuracy so we can continue to be here for your every next. for your tax refundand for all your payroll and benefit checks too. 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. This is a third-party fee and is subject to change. Republic Bank & Trust Company, Member FDIC. Brinks costs $39.99 to $49.99 a month, depending on which plan you choose. Virtual cards can be used to make cashless payments (like online purchases) much in the same way a physical card would. If What Are Different Types of Credit Cards? 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. A FICO score/credit score is used to represent the creditworthiness of a See the Cardholder Agreement for details. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. Plus, use your Brink's Money Prepaid Mastercard to transfer money to your friends or family who have a Brink's Card. For people without credit, the. Prepaid MasterCards are used like regular credit cards. plus you get: Use your Card in everyday places and you could earn cash back offers back to your Card Account. There is a reload fee of up to $3.95 fee every time you reload the card. Use of the Card Account is subject to activation, ID verification, and funds availability. Brink's Prepaid Mastercard. Even the rewards with the. See the Cardholder Agreement for details. Answer: I would suggest looking at the back of your card. 9 Custom Card Fee applies. 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. redemption parameters. SuperMoney, and/or SuperMoney's lending partners, that will not affect your credit score. Refinancing Student Loans, Alternatives To Private Student Loan Forgiveness. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. To participate in the Savings This caveat is worth considering since prepaid cards dont enjoy as many federal protections as debit and credit cards do. All other trademarks and service marks belong to their owners. Transaction fees, terms, and conditions apply to the use and reloading of the Card Account. Brink's Complete services are provided by Brink's Capital LLC, an indirect wholly owned subsidiary of The Brink's Company. See the This card allows you to enroll in direct deposit to get paid up to two days earlier. Unfortunately, your balance will be constantly nibbled into by the cast of fees that usually come with even the best prepaid cards. $1.00 per declined transaction. 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. Find out how. for repayment of any negative balance. Youll earn 1 Payback Point per dollar on signature purchase transactions (just select credit on the keypad at checkout), minus your purchase fees. However, credit score alone does not guarantee or imply approval for any Purchase transactions for just $5 per month (compared to $9.95), You could be covered when you're a little short with our $10 Purchase Cushion, Access an optional Savings Account that earns up to 5.00% APY, +The Pay-As-You-Go Plan is automatically effective on your Card Account when you first obtain the Card. Netspend Corporation, a Global Payments Company (NYSE: GPN) is a leading provider of general-purpose reloadable (GPR) 6,000,608 and 6,189,787. Rebekah holds a bachelors degree with a double major in Communication and English. If your identity is partially verified, full use of the Card Account will In fact, its missing Netspends virtual card number benefit for safer online shopping. 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. Brink's gives you the peace of mind you deserve. Recommendation score measures the loyalty between a provider and a consumer. The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company, Member FDIC, pursuant to a license by . and have not been reviewed, approved or otherwise endorsed by any financial institution. If your identity is partially verified, full use of the Card Account will If you wish to change to another Plan, just call 1 (877) 8493249 or visit. Fee SuperMoney.com is an independent, advertising-supported service. 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. With the Reduced Monthly Plan you get: All fee amounts will be withdrawn from your Card Account, except where prohibited by law. $9.95 per lost, stolen, or damaged Card replaced. 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. Securing cash and valuables since 1859. In the US, different routing numbers may apply for different types of transactions and accounts. There's no interest or late fees because it's not a credit card. Up to $3.95 per load. Republic Bank & Trust Company and Mastercard are not affiliated in any way with this optional offer and do not endorse or sponsor this offer. money on your Card via Western Union Money Transfer. Details about bill payment methods are available in the Online Account Center. 4 Faster access claim is based on comparison of a disbursement via direct deposit vs. disbursement via a mailed paper check. Transfer of funds via ACH from your Card Account to your bank account at another financial Brink's Prepaid Mastercard 1-877-849-3249 Monday - Friday: 8 AM. Is Refinancing Your Student Loan Worth It? to fraud prevention restrictions at any time, with or without notice. Brink's gives you the peace of mind you deserve. [2] Payback Rewards SM Residents of Vermont are ineligible to open a Card Account. transfer conducted through a Netspend Customer Service agent. Which certificate of deposit account is best?