what is brinks prepaid mastercard what is brinks prepaid mastercard

month instead of paying a fee for every purchase transaction under the Pay-As-You-Go Plan. So you can avoid interest payments, bounced checks, or overdraft fees. 9. Interest bearing savings account can be connected. Pay-As-You-Go Cardholders must enroll in the Reduced Monthly Plan to receive it. All Rights Reserved. Fee is determined and assessed by operator of Netspend Reload Network 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. [2] Payback Rewards SM Securing cash and valuables since 1859. Compare Home Equity Lines of Credit Reviews. 8. Plan. 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. the Average Daily Balance which is $1,000.00 or less will be 4.91%. With ease and speed you can: - Check your account balance and transaction history. The APYs were accurate as of Territories, including Guam and Puerto Rico, and where prohibited by law. Card Account and Savings Account funds are FDIC-insured upon verification of Cardholders institution. Our goal is to give you the best advice to help you make smart personal finance decisions. Our mission is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure that happens. document.write(theYear); and governmental customers. Business Loans for New Businesses: What You Need To Know ? lending partners' website, they will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and What to do when you lose your 401(k) match, California Consumer Financial Privacy Notice. 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. Approved purchase transactions may Card may be used everywhere Debit Mastercard is accepted. At Bankrate we strive to help you make smarter financial decisions. Certain products and services may be licensed under U.S. Patent Nos. Charged in addition to any applicable Purchase Transaction Fee or OTC Withdrawal Fee. No Minimum Balance, No Late Fees - because this is not a credit card NOTE: Fees assessed to your Card Account balance may bring your Card Account balance negative. custom card requires resubmission of image and payment of Custom Card Fee; or (b) a replacement standard card requires payment of Brink's Prepaid Mastercard 1-877-849-3249 Monday - Friday: 8 AM. Standard text message or data rates may apply. IRS Tax Debt Relief Program: What Is It and Do You Qualify? family Use the Brink's Money Prepaid Mobile App to manage your Card Account on the go and enroll to get text message . to fraud prevention restrictions at any time, with or without notice. This product is Any opinions, analyses, reviews or recommendations expressed here are those of the authors alone, Fees may apply.3, Use our mobile apps, Anytime Alerts and Online Account Center to access your money and Card Account wherever you are.6, With $500 in qualifying direct deposits, you get access to a $10 Purchase Cushion7, Reduced Monthly Plan8, and an optional Savings Account.9, The Brink's Show Me The Money Truck Sweepstakes is delivering cash prizes with a chance to win every month!.8. If Your money is in your Brink's Money Account and ready to be used by 8 a. CT on your payday. This is a third-party fee and is subject to change. 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. 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. 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%. And look at all the freebies you get: Free direct deposit. Compare real offers from multiple lenders. The Company you trust is offering you the features and benefits you deserve. * Get direct deposit information. Skip to content. Answer: I would suggest looking at the back of your card. Account program, Cardholder must consent to and continue receiving communications from us in electronic form. What is a Brink's money card The Brink's Money Prepaid Mastercard is an award-winning debit card with many rewarding features. For one, setting up direct deposits with the Brinks card means funds are available up to 2 days earlier than with a bank. Is Refinancing Your Student Loan Worth It? No fee; standard text message or data rates may apply. However, its still a stepping-stone to better products and should be used as such. Should you accept an early retirement offer? Earn 2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter. Should You Use a HELOC to Pay Off Credit Card Debt? Adding money to your Brink's Money Prepaid Mastercard is convenient. However, its rewards program is confusing, and, like most prepaid cards, it poses a few fee-harvesting traps. The interest rates and APYs of each tier may change. Brinks costs $39.99 to $49.99 a month, depending on which plan you choose. 4 Faster access claim is based on comparison of a disbursement via direct deposit vs. disbursement via a mailed paper check. The $10 Purchase Cushion is not an extension of credit; it is a courtesy exercised at our discretion. Prepaid cards operate like debit cards in that you cant spend beyond your cards balance. April Restrictions include: no ATM withdrawals, international transactions, account-to-account transfers and additional loads. 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. 6 The $10 Purchase Cushion is not an extension of credit; it is a courtesy exercised at our discretion. These are variable rates and may change that identifies each person who opens a Card Account. This is a third-party fee and is subject to change. 4% of the U.S. Dollar amount of the purchase transaction. 6,000,608 and 6,189,787. Republic Bank & Trust Company and Mastercard are Fraud prevention restrictions may The Brink's Money Paycard Mobile App gives you the power to manage your account on the move. Restrictions include: no ATM withdrawals, international transactions, account-to-account transfers and additional loads. 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. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Cardholder is responsible for repayment of any negative balance. However, if you choose a product and continue your application at a Starts 2/1/21. Use of Card Account also subject Other prepaid cards like the Amex Serve Cash Back prepaid card may rake in more rewards and provide lower cost networks. Certain products and services may be licensed under U.S . iPhone. Securing cash and valuables since 1859. You can receive up to 50 percent discounts on prescriptions with major pharmacies with a printable discount card if you choose to join the medical discount plan provider location service included with your card. When you open a Self account, a loan is placed into a certificate of deposit, which you must pay back. To order a Card, provide your name, mailing address and email address. BR Tech Services, Inc. NMLS ID #1743443 | NMLS Consumer Access. Brink's Money Prepaid Mastercard. If your identity is partially verified, full use of the Card Account will You can use your Brink's Money Prepaid Mastercard to pay for just about anything. Certain products and services may be licensed under U.S. Patent Nos. These are some of the most common fees associated with the use of your Card. Get the app that helps make sure your money keeps up with you! Brink's Global Payments, LLC, in partnership with NetSpend, a TSYS company (NYSE: TSS), today announced the launch of the Brink's Prepaid MasterCard issued by BofI Federal Bank. if (theYear < 1900) theYear = theYear + 1900; 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. 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. *SuperMoney is not responsible for third party products, services, sites, recommendations, endorsements, reviews, etc. Check the banks website for the most current information. processed. Earn unlimited 1% cash back on all other purchases automatically. Approved purchase transactions may Greater of 5.0% of total check amount or $5.00 per check load. Instead, you might want to focus on earning a higher credit score with your card if you have less-than-perfect credit. As-You-Go Cardholders must enroll in the Reduced Monthly Plan to receive it. Netspend Corporation.All rights reserved worldwide. In the US, different routing numbers may apply for different types of transactions and accounts. 6,000,608 and 6,189,787. represent all financial services companies or products. This caveat is worth considering since prepaid cards dont enjoy as many federal protections as debit and credit cards do. Early availability of funds requires payor's support of direct deposit and is subject to the timing of payor's payment instruction. Their use does not signify or suggest the endorsement, To participate in the Savings Surprisingly for a security brand, the Brinks card doesnt offer any of the additional account security features youll find with its Netspend cousins. 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. Brink's Money Paycard - Cardholders. Our editors and reporters thoroughly fact-check editorial content to ensure the information youre reading is accurate. 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. For iPad. This compensation may impact how and where products appear on this site Fee is determined and assessed by operator of Netspend Reload Network location, and varies depending on location. See below for Official Rules & complete details. No cost for online or mobile Account-to-Account Certain products and services may be licensed under U.S. Patent Nos. Here's how it works: Order a Card To order a Card, provide your name, mailing address and email address. 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 >. To participate in the Savings Account program, Cardholder must consent to and continue receiving communications from us Additional transaction fees, costs, terms and conditions may 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. App Store is a service mark of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC. With Brink's Direct Deposit, you can get paid faster* than a paper check. prepaid debit cards and related financial services to the estimated 60 million underbanked consumers in the United States Login. in electronic form. The Brinks Prepaid MasterCard comes with additional features. 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. The maximum balance you can have on Brink's Prepaid Mastercard is $15,000. 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, Bankrate, LLC NMLS ID# 1427381 | NMLS Consumer Access Even the rewards with theDiscover it Secured Credit Cardare 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. 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. Card use subject to activation and identity verification. 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. 1. Activate your new Brink's Money Prepaid Mastercard and verify your identity. Transaction fees, terms, and conditions apply to the use and reloading of the Card Account. 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 may apply.) and Ingo Money, Inc., subject to the First Century Bank and Ingo Money Terms and Conditions, and Privacy Policy. All other trademarks and service marks belong to their owners. Use of the Card Account is subject to activation, ID verification, and funds availability. Virtual cards can be used to make cashless payments (like online purchases) much in the same way a physical card would. Fee All other trademarks and service marks belong to their owners. redemption parameters. Savings Account and is paid quarterly. Prepaid Debit Cards from, Please write a review to submit your vote, Compare Business Checking Accounts Reviews. However, if you need a checking account and have no access to a traditional one, the Brinks can be helpful. Fee These additional offers are similar to card-linked reward programs, like Amex Offers or Chase Offers. No Fee. 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. (CT) Saturday - Sunday: 8 AM. Because Savings Notice this card charges a monthly maintenance fee of up to $9.95. More from our insights library: The True Costs of Manual Cash Management Manual cash management costs businesses time and money. In those cases, the Brinks Prepaid Mastercard is a solid prepaid credit card that offers a bit more flexibility than some competitors with its pay-as-you-go plan and $10 negative balance cushion. 7 The Savings Account is made available to Cardholders through Republic Bank & Trust Company; Member FDIC. All rights reserved. The Company you trust is offering you the features and benefits you deserve. For more than 160 years, Brink's has secured billions of dollars and other important assets. Intro Offer: Unlimited Cashback Match - only from Discover. deducted from check total prior to loading your Card Account. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. 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. 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. bank account, or get paid up to 2 days faster8 with no-cost Direct Deposit. theYear = now.getYear(); The APYs were accurate as of var now = new Date(); var balanceDate = now.getMonth() + "/01/" + now.getFullYear(); document.write(balanceDate);. You may have to pay a fee of up to $3.95 every time you load the card, Charges a $1.50 signature purchase transaction fee. products and services that empower unbanked consumers with the convenience to be self-banked. With Brink's Direct Deposit, you can get paid faster than a paper check. Netspend is the federally registered U.S. service mark of Netspend Corporation. to fraud prevention restrictions at any time, with or without notice. but can take up to one hour. In fact, its missing Netspends virtual card number benefit for safer online shopping. There is no minimum balance. Calculated based on the U.S. Dollar amount of the purchase transaction or cash withdrawal. What Is Brinks Prepaid Mastercard? +++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. Copyright 2023 SuperMoney, LLC. Republic Bank & Trust Company, Member FDIC. $3.00 per transfer. We follow strict guidelines to ensure that our editorial content is not influenced by advertisers. Reduce industry jargon so you get the clearest form of information possible, so you can make the right decision for you. However, if you need a checking account and have no access to a traditional one, the Brinks can be helpful. 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. With the Brink's Prepaid MasterCard, you can get paid up to two days faster and manage your money anytime and anywhere. - Midnight (CT) Saturday - Sunday: 8 AM. Recommendation score measures the loyalty between a provider and a consumer. without notice pursuant to applicable law. Getting a Mortgage With a Smaller Down Payment and No PMI. Republic Bank & Trust Company, Member FDIC. If you have a professional tax preparer, give them these Would you recommend Brink's Prepaid Mastercard to your friends? Percentage taken of total check amount. 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. Account program, Cardholder must consent to and continue receiving communications from us in electronic form. Netspend, a Global Payments company, is a registered agent of Republic Bank & Trust Company. Standard text message or data rates may apply. Do Private Student Loans Have a Statute of Limitations? if (theYear < 1900) theYear = theYear + 1900; See if you qualify for student loan refinancing and compare real time offers. Bankrate follows a strict Brink's Prepaid Mastercard sets a daily direct deposit limit of $7,500. theYear = now.getYear(); Meanwhile, the Brinks Prepaid can (and will) charge you almost $6 a month after 90 days of inactivity, which further eats into your balance. (including, for example, the order in which they appear). (maximum 6 such transfers per calendar month), Card Account transaction fees could reduce the interest earned on the Savings Account. Unfortunately, your balance will be constantly nibbled into by the cast of fees that usually come with even the best prepaid cards. Unlike credit cards, however, they don't work on credit. 6,000,608 and 6,189,787. now = new Date(); NO PURCHASE NECESSARY. You do have the card in your possession, correct? 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. As such, your money may go a bit farther with a debit or credit card. Turn the dial clockwise fully four times, and stop on the first number for the combination lock on the fifth turn of the dial. Card Account and Savings Account funds are FDIC-insured upon verification of Cardholders identity. Are you an existing customer? Consolidating vs. The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company pursuant to a license by Mastercard International Incorporated. 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. Use Direct Deposit Besides its laundry list of fees, a few other key considerations deserve your attention before choosing the Brinks Prepaid. Use of Card Account also subject to fraud be restricted, but you may be able to use the Card for in-store purchase transactions. Netspend Corporation, a Global Payments Company (NYSE: GPN) is a leading provider of general-purpose reloadable (GPR) Interest is What are index funds and how do they work? The company's mission is to develop Early To participate in the Savings Does Refinancing Your Car Loan Hurt Your Credit Score? Enroll in Direct Deposit to get your paycheck or government benefits in your Card Account up to 2 days faster! Standard text message or data rates may apply. 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 Percentage taken of total check amount. *Card issued by Republic Bank & Trust Company, Member FDIC. Brink's secures valuables around the world. Bankrate has answers. restrictions may delay availability of funds with or without notice. The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company, Member FDIC, pursuant to a license by Mastercard International Incorporated. Some prepaid cards require you to provide some personal information, such as your full name, address, date of birth, email, and SSN. $2.50 per withdrawal, plus ATM owner fees, if any. Brink's Money Prepaid Mastercard Activate your Brink's Money Paycard, verify your identity, [1] and learn more about its features here. create up to a $10.00 negative balance on your Card Account. We may also ask to see your driver's license or other identifying information. Which certificate of deposit account is best? If cardholder receives $500 in payroll or government benefit direct deposits in 1 calendar month, cardholder will qualify for the Reduced Monthly Plan. 8. All checks are subject to approval for funding in Ingo Money's sole discretion. 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? And your money is FDIC Insured by Republic Bank & Trust Bankrate follows a strict editorial policy, so you can trust that were putting your interests first. The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company, Member FDIC, pursuant to a license by Mastercard International Incorporated. Use of the Card Account is subject to activation, ID verification, and funds availability. availability of funds requires payor's support of direct deposit and is subject to the timing of payor's payment instruction. Brink's gives you the peace of mind you deserve. Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision. 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. Savings vs. Money Market? What differentiates the The Mango Prepaid Mastercard from the other prepaid cards on this list is its ridiculous savings account that lets cardholders earn up to 6.00% APY. SuperMoney.com is an independent, advertising-supported service. They will tell you how to reload the card. No minimum balance necessary to open Savings Account or obtain the yield(s). Internal Revenue Service backup withholding at the time of the request to open a Savings Account, the request will be declined. Mastery Wiki Search for: How; Who; Earn one (1) point per dollar spent on signature purchase transactions (not including any applicable fees). Cash back rewards are credited to your Card Account and are not available in the form Early availability of funds requires payor's support of direct deposit and is subject to the timing of payor's payment instruction. 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. Card may be used everywhere Debit Mastercard is accepted. 3 Fee may be assessed by reload location and may vary from location to location. Void in U.S. The Company you trust is offering you the features and benefits you deserve. - 10 PM. What Are the Differences Between Federal and Private Student Loans? Fee may be either a flat fee or a percentage of the withdrawal amount. Get a free consultation from a leading tax expert, in This is a third-party fee and is subject to change. A fee may also be assessed by a financial institution that is not a Mastercard member financial institution. If you plan to save your tax refund, this is the card for you. now = new Date(); Program sponsor: Netspend Corporation. Ends 1/31/22. The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company, Member FDIC, pursuant to a license by Mastercard International Incorporated. Account funds are withdrawn through the Card Account (maximum 6 such transfers per calendar month), Card Account transaction fees could A Red Ventures company. 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. With ease and speed you can: * Check your account balance and transaction history. Netspend is a registered agent of Republic Bank & Trust Company. now = new Date(); Charges a monthly maintenance fee of up to $9.95. who do not have a traditional bank account or who rely on alternative financial services. Fee is assessed to transferor's account when the transfer is Picture must meet Image Guidelines. 4. Bankrateexpert Garrett Yarbrough strives to make navigating credit cards and credit building smooth sailing for his readers. Find out how. but you may be able to use the Card for in-store purchase transactions. You have not yet won. Republic Bank & Trust Company and Mastercard are not affiliated in any way with this optional offer and do not endorse or sponsor this offer. Our team is full of a diverse range of experts from credit card pros to data analysts and, most importantly, people who shop for credit cards just like you. 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. Transfer of funds via ACH from your Card Account to your bank account at another financial 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. When your highest-paid employees spend time handling cash, your business loses time and money. 5 The Pay-As-You-Go Plan is the default Plan Fee on the Card Account. The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company, Member FDIC, pursuant to a license by. $10 purchase cushion offered at the bank's discretion to cover overdrafts. ++During checkout, select "CREDIT" on the keypad to make a Signature Purchase, or select "DEBIT" and enter your PIN to make a PIN Purchase. the Average Daily Balance which is $1,000.00 or less will be 4.91%. without notice pursuant to applicable law. 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. Fees apply for approved Money in Minutes transactions funded to your card. See the Walmart MoneyCard. Please explain your vote by sharing your experience. 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. If custom card is lost, stolen, or damaged, any request for: (a) a replacement 5. Please contact them directly through their website (https://brinkshome.com) or their toll-free number (800-447-9239). Securing cash and valuables since 1859. be associated with the funding and use of your card. 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. 9 Bill payments may be subject to fees. - 8 PM.