what is brinks prepaid mastercard

in electronic form. Details about bill payment methods are available in the Online Account Center. Program sponsor: Netspend Corporation. Bankrate follows a strict editorial policy, so you can trust that were putting your interests first. Brink's (NYSE: BCO) is based in Richmond Virginia, and is a global leader in security-related services for banks, financial institutions, mines, retailers, diamond and jewelry industries, pharmaceuticals, and a variety of other commercial 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. 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. 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. Please explain your vote by sharing your experience. If custom card is lost, stolen, or damaged, any request for: (a) a replacement 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. At Bankrate, we have a mission to demystify the credit cards industry regardless or where you are in your journey and make it one you can navigate with confidence. Therefore, this compensation may impact how, where and in what order products appear within listing categories, except where prohibited by law for our mortgage, home equity and other home lending products. 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. now = new Date(); The Brinks Prepaid is only worth it in very specific situations, like if you cant open a traditional banking account. And your money is FDIC Insured by Republic Bank & Trust Company, Member FDIC, upon card activation and identity verification. Bankrate.com is an independent, advertising-supported comparison service. So you can avoid interest payments, bounced checks, or overdraft fees. Standard text message or data rates may apply. We maintain a firewall between our advertisers and our editorial team. Terms apply to the offers listed on this page. Should you accept an early retirement offer? Fraud prevention restrictions may delay availability of funds with or without notice. For financial product. 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.. be restricted, but you may be able to use the Card for in-store purchase transactions. Interest bearing savings account can be connected. Its not a long-term option, but is a great short-term solution. 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. Netspend Corporation, a Global Payments Company (NYSE: GPN) is a leading provider of general-purpose reloadable (GPR) We continually strive to provide consumers with the expert advice and tools needed to succeed throughout lifes financial journey. document.write(theYear); $3.00 per transfer. Brink's understands that time and money are valuable to you. (CT) Saturday - Sunday: 8 AM. Can you run a netspend card as credit? *Card issued by Republic Bank & Trust Company, Member FDIC. No cost for online or mobile Account-to-Account transfers between Netspend Cardholders; a $4.95 fee applies to each such There is a reload fee of up to $3.95 fee every time you reload the card. , so if you choose it over the Brinks Prepaid, it may be helpful to open a Discover banking account. What Are Different Types of Credit Cards? 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. No late fees or interest charges because this is not a credit card. Skip to content. Prepaid cards operate like debit cards in that you cant spend beyond your cards balance. Find out how. 6,000,608 and 6,189,787. cardholder receives $500 in payroll or government benefit direct deposits in 1 calendar month, cardholder will qualify for the Reduced Monthly Which Account Fits You Best? Netspend Corporation.All rights reserved worldwide. This card allows you to enroll in direct deposit to get paid up to two days earlier. There is no minimum balance. To check the rates and terms you qualify for, one or more soft credit pulls will be done by Charged in addition to any applicable Purchase Transaction Fee or OTC Withdrawal Fee. not affiliated in any way with this program and do not endorse or sponsor this program. Can You Build Credit With a Prepaid Credit Card? Early availability of funds requires payor's support of direct deposit and is subject to the timing of payor's payment instruction. A FICO score/credit score is used to represent the creditworthiness of a plus you get: Use your Card in everyday places and you could earn cash back offers back to your Card Account. 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, ; Use the Brink's Money Prepaid Mobile App to manage your Card Account on the go and enroll to get text message or email alerts (Message & data rates . Account funds are withdrawn through the Card Account (maximum 6 such transfers per calendar month), Card Account transaction fees could 6,000,608 and 6,189,787. Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover. 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. These are promotional rates and may change 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. Prepaid Debit Cards from, in We endeavor to ensure that the information on this site is current and accurate but you should confirm any information with the product or The Brinks Mastercard is a prepaid card designed for day-to-day purchases. 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. Card Account and Savings Account funds are FDIC-insured upon verification of Cardholders The Company you trust is offering you the features and benefits you deserve. Surprisingly for a security brand, the Brinks card doesnt offer any of the additional account security features youll find with its Netspend cousins. Meet you wherever you are in your credit card journey to guide your information search and help you understand your options. The company you trust offers you the features and benefits you deserve to create a more convenient way to bank. (Residents of the State of Vermont are ineligible to open a Card Account). Brink's Money Prepaid Mastercard Activate your Brink's Money Paycard, verify your identity, [1] and learn more about its features here. This caveat is worth considering since prepaid cards dont enjoy as many federal protections as debit and credit cards do. Would you recommend Brink's Prepaid Mastercard to your friends? There's no interest or late fees because it's not a credit card. Set the dial to 0. up to the coverage limit, currently $250,000.00. Earn unlimited 1% cash back on all other purchases automatically. Start to spend more time on the things that matter like family, friends and everyday life. Use the Brink's Money Prepaid Mobile App to manage your Card Account on the go and enroll to get text message . Netspend is the federally registered U.S. service mark of Netspend Corporation. PayPal's prepaid MasterCard charges $4.95 per month for unlimited purchases. Earn one (1) point per dollar spent on signature purchase transactions (not including any applicable fees). theYear = now.getYear(); Besides its laundry list of fees, a few other key considerations deserve your attention before choosing the Brinks Prepaid. 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. 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. If you wish to change to another Plan, just call 1 (877) 8493249 or visit. However, its rewards program is confusing, and, like most prepaid cards, it poses a few fee-harvesting traps. Approval review usually takes 3 to 5 minutes What Are The Different Types of Life Insurance? Fraud prevention restrictions may and record information that identifies each person who opens a Card Account. Load your Card Account the way you want: At one of our 130,000 reload locations, Access your Card Account with our Online Account Center, mobile apps and Anytime Alerts. 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. Even the rewards with the. 3 Fee may be assessed by reload location and may vary from location to location. No Minimum Balance, No Late Fees - because this is not a credit card This product is Brink's Prepaid Mastercard 1-877-849-3249 Monday - Friday: 8 AM. Domestic ATMs only charge a $2.50 withdrawal fee. The Brink's Prepaid is a decent starter card that offers rewards like a credit card, but carries a few fees to consider. Use the Brink's Money Prepaid Mobile App to manage your account on the go and get text message or email alerts (Message & data rates may apply.) create up to a $10.00 negative balance on your Card Account. We value your trust. by SuperMoney users with a score of -47, equating to 2.1 on a 5 point rating scale. To participate in the Savings Account program, Cardholder must consent to and continue receiving communications from us When you open a Self account, a loan is placed into a certificate of deposit, which you must pay back. Take cash to any of the over 130,000 Reload Locations in the Netspend Reload Network to fund your Card.3. Securing cash and valuables since 1859. 3 Fee may be assessed by reload location and may vary from location to location. The APYs were accurate as of var now = new Date(); var balanceDate = now.getMonth() + "/01/" + now.getFullYear(); document.write(balanceDate);. Card use subject to activation and identity verification. For up-to-date What are index funds and how do they work? SuperMoney.com is an independent, advertising-supported service. Brinks Preferred Benefits members may choose to open an optional FDIC-insured savings account with Republic Bank & Trust Company. 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. 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. You could win up to $5,000 in the Brink's Show Me The Money Truck Sweepstakes. With the Brink's Prepaid MasterCard, you can get paid up to two days faster and manage your money anytime and anywhere. All products or services are presented without warranty. No minimum balance necessary to open Savings Account or obtain the yield(s). Card may be used everywhere Debit Mastercard is accepted. 4% per foreign transaction. Bankrate follows a strict Percentage taken of total check amount. Check the banks website for the most current information. Unlike credit cards, however, they don't work on credit. January 21, 2022 by William Nelson A prepaid Mastercard can provide people without credit or debit cards a way to shop online. delay availability of funds with or without notice. Republic Bank & Trust Company and Mastercard are not affiliated in any way with this optional offer and do not endorse or sponsor this offer. but can take up to one hour. Transfer of funds via ACH from your bank account at another financial institution to your Card Account. Every reasonable effort has been made to maintain accurate information. 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. This is a third-party fee and is subject to change. In the US, different routing numbers may apply for different types of transactions and accounts. Certain products and services may be licensed under U.S. Patent Nos. 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. This compensation may impact how and where products appear on this site Territories, including Guam and Puerto Rico, and where prohibited by law. person and may be one indicator to the credit type you are eligible for. If you plan to save your tax refund, this is the card for you. Youll earn 1 Payback Point per dollar on signature purchase transactions (just select credit on the keypad at checkout), minus your purchase fees. Prepaid Debit Cards from, Please write a review to submit your vote, Compare Business Checking Accounts Reviews. $2.50 per withdrawal, plus ATM owner fees, if any. Savings vs. Money Market? The Brinks Prepaid Mastercard can be helpful in a financial pinch for people who are unbanked or who cant open a traditional checking account. Brinks costs $39.99 to $49.99 a month, depending on which plan you choose. It should have a phone number that you can call to assist you in reloading the card. . * Get direct deposit information. Notice this card charges a monthly maintenance fee of up to $9.95. How much should you contribute to your 401(k)? See full Official Rules for details. Transaction fees, terms, and conditions apply to the use and reloading of the Card Account. While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service. without notice pursuant to applicable law. For a complete list of fees, please refer to the fee schedule in the Cardholder and have not been reviewed, approved or otherwise endorsed by any financial institution. The information, including card rates and fees, is accurate as of the publish date. Netspend is a registered agent of Republic Bank & Trust Company. But with Brink's Complete, they can improve savings & reduce the hours it takes to handle cash. Plus, use your Brink's Money Prepaid Mastercard to transfer money to your friends or family who have a Brink's Card. editorial policy, so you can trust that our content is honest and accurate. The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company, Member FDIC, pursuant to a license by Mastercard International Incorporated. Republic Bank & Trust Company, Member FDIC. While we adhere to strict prevention restrictions at any time, with or without notice. Managing your money wherever, whenever. All other trademarks and service marks belong to their owners. Any issuers discussed on our site are vetted based on the value they provide to consumers at each of these levels. It's a 16-digit number and CVV code that are tied to an account. create up to a $10.00 negative balance on your Card Account. Card activation and identity verification required before you can use the Card Account. No fee; standard text message or data rates may apply. Interest is With Brink's Direct Deposit, you can get paid faster than a paper check. 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. Brink's gives you the peace of mind you deserve. 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. 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. Just a dollar-for-dollar match. family Neither Plan Fee option includes any other fees. 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. Order a Brink's Money Prepaid Mastercard and get the peace of mind you deserve. for your tax refundand for all your payroll and benefit checks too. Brink's Complete services are provided by Brink's Capital LLC, an indirect wholly owned subsidiary of The Brink's Company. Card Account and Savings Account funds are FDIC-insured upon verification of Cardholders identity. The redemption options can be valuable, but the point values and higher-yield reward opportunities are a bit foggy unless you already have an account. 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. 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. Instead, you might want to focus on earning a higher credit score with your card if you have less-than-perfect credit. Fee is determined and assessed by operator of Netspend Reload Network You need a bank account to open aDiscover it Secured Credit Card, so if you choose it over the Brinks Prepaid, it may be helpful to open a Discover banking account. 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. Use of Card Account also subject to fraud Compare Home Equity Lines of Credit Reviews. Brink's Money Prepaid Mastercard. SuperMoney strives to provide a wide array of offers for our users, but our offers do not to see your driver's license or other identifying information. Features 10.0/10. Use of Card Account also subject may affect your credit. iPhone. Plan. bank account, or get paid up to 2 days faster8 with no-cost Direct Deposit. Ends 1/31/22. Login. Calculated based on the U.S. Dollar amount of the purchase transaction or cash withdrawal. ; No late fees or interest charges because this is not a credit card. transfer conducted through a Netspend Customer Service agent. Copyright 2023 SuperMoney, LLC. With Brink's Direct Deposit, you can get paid faster than a paper check. 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. Read More 9 Custom Card Fee applies. If cardholder receives $500 in payroll or government benefit direct deposits in 1 calendar month, cardholder will qualify for the Reduced Monthly Plan. Considering a card program for your business? 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. Reward offers are based on individual shopping habits. this post may contain references to products from our partners.