- 10 PM. Brinks Prepaid Mastercard Review - Card With Some Big Perks Virtual cards can be used to make cashless payments (like online purchases) much in the same way a physical card would. After you click on the offer you desire you will be directed to the credit card issuer's web site where you can review the terms and conditions for your selected offer. Percentage taken of total check amount. Fee 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 Greater of 5.0% of total check amount or $5.00 per check load. All rights reserved. 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 Certain products and services may be licensed under U.S . in electronic form. 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. 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. Savings Account and is paid quarterly. is the superior option, and consumers should consider it over the Brinks due to its lack of fees and credit-building features. to fraud prevention restrictions at any time, with or without notice. Netspend is a registered agent of Republic Bank & Trust Company. (CT) Saturday - Sunday: 8 AM. Percentage taken of total check amount. Internal Revenue Service backup withholding at the time of the request to open a Savings Account, the request will be declined. 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. Other prepaid cards like the Amex Serve Cash Back prepaid card may rake in more rewards and provide lower cost networks. No Minimum Balance, No Late Fees - because this is not a credit card for repayment of any negative balance. The information, including card rates and fees, is accurate as of the publish date. Approval review usually takes 3 to 5 minutes Check the banks website for the most current information. Prepaid Debit Cards from, Please write a review to submit your vote, Compare Business Checking Accounts Reviews. This is a third-party fee and is subject to change. You could win up to $5,000 in the Brink's Show Me The Money Truck Sweepstakes. While we adhere to strict They will tell you how to reload the card. Pay-As-You-Go Cardholders must enroll in the Reduced Monthly Plan to receive it. The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company, Member FDIC, pursuant to a license by Mastercard International Incorporated. The company you trust offers you the features and benefits. Answer: I would suggest looking at the back of your card. Details about bill payment methods are available in the Online Account Center. Fees 8.0/10. Securing cash and valuables since 1859. No fee to receive Brinks Prepaid Mastercard at Republic Bank & Trust Company's secure website PREPAID RATING 4.8 OVERALL RATING 3.7/5.0 Our Review Brink's gives you the peace of mind you deserve. Brink's Prepaid Mastercard does not require a credit check, so approval is guaranteed. This caveat is worth considering since prepaid cards dont enjoy as many federal protections as debit and credit cards do. Company, Member FDIC, upon card activation and identity verification.1. See below for Official Rules & complete details. There is a Live Chat feature on the website under Customer Support. Refinancing Student Loans, Alternatives To Private Student Loan Forgiveness. 6. There's no interest or late fees because it's not a credit card. Intro Offer: Unlimited Cashback Match - only from Discover. now = new Date(); Brink's Business Expense. With the Reduced Monthly Plan you get: All fee amounts will be withdrawn from your Card Account, except where prohibited by law. Standard text message or data rates may apply. If your identity is partially verified, full use of the Card Account will This is a third-party fee and is subject to change. Up to the Greater of 2.75% of the withdrawal amount or $4.00 per withdrawal. 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%. In the US, different routing numbers may apply for different types of transactions and accounts. 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 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%. The Savings Account is made available to Cardholders through Republic Bank & Trust Company; Member FDIC. By signing up1 for a Brink's Money Prepaid Mastercard, you'll be able to control and manage your day-to-day money in a convenient way. The $10 Purchase Cushion is not an extension of credit; it is a courtesy exercised at our discretion. In fact, its missing Netspends virtual card number benefit for safer online shopping. 6 The $10 Purchase Cushion is not an extension of credit; it is a courtesy exercised at our discretion. The Brink's Money Paycard Mobile App gives you the power to manage your account on the move. If you plan to save your tax refund, this is the card for you. 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. Getting a Mortgage With a Smaller Down Payment and No PMI. Brink's understands that time and money are valuable to you. Brink's Money Prepaid - Apps on Google Play Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. You may also be charged a fee by the ATM operator. 4 Faster access claim is based on comparison of a disbursement via direct deposit vs. disbursement via a mailed paper check. The Brink's Money Prepaid Mastercard gives you the convenience of having a bank debit card. information from the IRS, visit https://www.irs.gov/refunds. theYear = now.getYear(); The Brink's Money Prepaid Mastercard gives you the convenience of having a bank debit card. Certain products and services may be licensed under U.S. Patent Nos. 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 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. LET'S TALK. We may also ask to see your driver's license or other identifying information. All other trademarks and service marks belong to their owners. Brink's gives you the peace of mind you deserve. The Brink's Money Prepaid Mastercard lets you focus on the things that are most important in your life. Cardholder is responsible for repayment of any negative balance. How to Get a Reverse Mortgage: 3 Steps to Getting an HECM. Brink's - Brink's Prepaid Mastercard So you can avoid interest payments, bounced checks, or overdraft fees. represent all financial services companies or products. Youll earn 1 Payback Point per dollar on signature purchase transactions (just select credit on the keypad at checkout), minus your purchase fees. 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. 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). Bankrate follows a strict editorial policy, so you can trust that were putting your interests first. SuperMoney, and/or SuperMoney's lending partners, that will not affect your credit score. 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. 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. 6,000,608 and 6,189,787. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. If youve decided a prepaid credit card is the perfect payment choice but you might not use it often enough to justify a monthly fee, then the Brinks Prepaid Mastercard and its pay-as-you-go plan could be a great fit. What Is Brinks Prepaid Mastercard? - FaqList Were transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money. 3. See full Official Rules for details. Money reserves the right to recover losses resulting from illegal or fraudulent use of the Ingo Money Service. Login. be associated with the funding and use of your card. Netspend is a registered agent of Republic Bank & Trust Company. 7. 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. 9 Bill payments may be subject to fees. Void where prohibited by law. CTA Banner. affiliation, or sponsorship, of or by SuperMoney or them of us. 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. Managing your money wherever, whenever. If your identity is partially verified, full use of the Card Account will be restricted, 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. You are always on the go. Brink's Prepaid MasterCard TV Spot, 'Peace of Mind: Savings Account' There's no minimum spending or maximum rewards. What KInd Of Credit Do You Need For An Auto Loan? 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. Brink's Complete services are provided by Brink's Capital LLC, an indirect wholly owned subsidiary of The Brink's Company. When you open a Self account, a loan is placed into a certificate of deposit, which you must pay back. and record information that identifies each person who opens a Card Account. 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 >. 9 Custom Card Fee applies. $5.95 for processing and mailing of a return of funds check at Card Account closure. Republic Bank & Trust Company, Member FDIC. Fill in the application form. 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. Restrictions include: no ATM withdrawals, international transactions, account-to-account transfers and additional loads. With Brink's Direct Deposit, you can get paid faster* than a paper check. 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 example, it provides free withdrawals at 30,000+ MoneyPass ATMs ($3.95 at others). Those who can Direct Deposit at least $500. Snapshot. 5 The Pay-As-You-Go Plan is the default Plan Fee on the Card Account. Territories, including Guam and Puerto Rico, and where prohibited by law. Netspend is the federally registered U.S. service mark of Netspend Corporation. Use of the Card Account is subject to activation, ID verification, and funds availability. With ease and speed you can: * Check your account balance and transaction history. editorial policy, so you can trust that our content is honest and accurate. You do have the card in your possession, correct? 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. Republic Bank & Trust Company and Mastercard are not affiliated in any way with this optional offer and do not endorse or sponsor this offer. 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.) Charged in addition to any applicable Purchase Transaction Fee or OTC Withdrawal Fee. We maintain a firewall between our advertisers and our editorial team. Up to $3.95 per load. 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). Unfortunately, your balance will be constantly nibbled into by the cast of fees that usually come with even the best prepaid cards. ++During checkout, select "CREDIT" on the keypad to make a Signature Purchase, or select "DEBIT" and enter your PIN to make a PIN Purchase. Reverse Mortgages: When Do They Make Sense? All Rights Reserved. $5.95 per month. Netspend is a registered agent of Republic Bank & Trust Company. Unless youre dedicated to a prepaid card, alternative options like one of the best checking accounts might be cheaper. may affect your credit. Bankrateexpert Garrett Yarbrough strives to make navigating credit cards and credit building smooth sailing for his readers. [2] Payback Rewards SM 16 Best Prepaid Debit Cards with No Fees (2023) - CardRates.com 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. NO PURCHASE NECESSARY. Fees apply for approved Money in Minutes transactions funded to your card. Brink's US - Contact Us Transfer of funds via ACH from your bank account at another financial institution to your Card Account. editorial integrity, This is a third-party fee and is subject to change. 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. Securing cash and valuables since 1859. 3 Fee may be assessed by reload location and may vary from location to location. Cash back rewards are credited to your Card Account and are not available in the form Clear the combination-lock tumblers by rotating the dial clockwise several times. Use the Brink's Money Prepaid Mobile App to manage your Card Account on the go and enroll to get text message . Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision. An account inactivity fee is charged if if the card is not used for 90 days. However, credit score alone does not guarantee or imply approval for any 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. now = new Date(); Ends 1/31/22. Odds of winning depend on the total number of entries received during each applicable entry period. See online custom card FAQs and the Fee Schedule in the Cardholder Agreement. 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%. You'll receive a Card in the mail within 7-10 business days. details about how and when you get rewarded. Program sponsor: Netspend Corporation. Brink's Prepaid Mastercard Review | Bankrate 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. Card may be used everywhere Debit Mastercard is accepted. Calculated based on the U.S. Dollar amount of the purchase transaction or cash withdrawal. This compensation may impact how and where products appear on this site Direct Deposit more than $500 in payroll or government benefits in a calendar month and you'll be eligible for the Reduced Monthly Plan, our plan with the most features. How to find routing and account number on my Brinks prepaid Mastercard You have not yet won. banking practice of posting funds at settlement. Brink's gives you the peace of mind you deserve. You will need to pay $9.95, if you need a card replacement. financial product. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout lifes financial journey. 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 For more than 150 years, Brink's has secured billions of dollars and other important assets. 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. The best move by far is to accept the reduced monthly plan as a Brinks Preferred Benefit member, which requires $500 in qualifying direct deposits each month. All products, logos, and company names are trademarks or registered trademarks of their respective holders. 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. Earn unlimited 1% cash back on all other purchases automatically. Brink's Prepaid Mastercard has a daily ATM withdrawal limit of $940. but you may be able to use the Card for in-store purchase transactions. Meet you wherever you are in your credit card journey to guide your information search and help you understand your options. Domestic ATMs only charge a $2.50 withdrawal fee. Best Prepaid Credit Cards & Debit Cards of 2023 - CreditCards.com Your money is in your Brink's Money Account and ready to be used by 8 a. CT on your payday. Approved purchase transactions may create up to a $10.00 negative balance on your Card Account. Enroll in Direct Deposit to get yout paycheck or government benefits in your Card Account up to 2 days faster. It's a 16-digit number and CVV code that are tied to an account. Is Brinks better than ADT? Where the Discover it Secured Credit Card really outshines compared to the Brinks Prepaid is its reduced fees. These additional offers are similar to card-linked reward programs, like Amex Offers or Chase Offers. Theres no upfront card purchase fee, but youll have to pay up to $3.95 just to reload your cards cash balance. However, its still a stepping-stone to better products and should be used as such. Netspend Corporation.All rights reserved worldwide. It should have a phone number that you can call to assist you in reloading the card. 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. (Residents of the State of Vermont are ineligible to open a Card Account). The interest rates and APYs of each tier may change. Use your Brink's Money Prepaid Mastercard to shop online, in stores, on the phone basically anywhere Debit Mastercard is accepted! Netspend is the federally registered U.S. service mark of Netspend Corporation. What Are Collateral-Free Unsecured Business Loans? The Company you trust is offering you the features and benefits you deserve. $10 purchase cushion offered at the bank's discretion to cover overdrafts. However, its rewards program is confusing, and, like most prepaid cards, it poses a few fee-harvesting traps. Is Refinancing Your Student Loan Worth It? Brink's Money Prepaid Mastercard Activate your Brink's Money Paycard, verify your identity, [1] and learn more about its features here. Card activation and identity verification required before you can use the Card Account. No late fees or interest charges because this is not a credit card. service provider and read the information they can provide. Prepaid cards operate like debit cards in that you cant spend beyond your cards balance. 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. If Cardholder is subject to FAQ's - Brink's Money $3.00 per withdrawal. 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. NOTE: Fees assessed to your Card Account balance may bring your Card Account balance negative. theYear = now.getYear(); Call our automated, toll-free number 1 The interest rates and APYs of each tier may change. The maximum allowable savings account balance is $5,000. 2. for your tax refundand for all your payroll and benefit checks too. Some prepaid cards require you to provide some personal information, such as your full name, address, date of birth, email, and SSN. 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. 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. See the Cardholder Agreement for details. Editorial Disclosure: Opinions expressed here are the author's alone, and have not been reviewed or approved by any advertiser. 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. Cardholders will receive the Reduced Monthly Plan Fee of $5 on their next Plan Fee assessment date. If you choose the pay-as-you-go plan, itll be hard to maneuver without tripping over a fee. 2023 Reviews: Brinks Prepaid Mastercard Review (See Ratings) to see your driver's license or other identifying information. It's at +100 if everybody recommends the provider, and at -100 when no one recommends. 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. Visit one of the over 130,000 Netspend Reload locations3, transfer2 money from a qualifying Would you recommend Brink's Prepaid Mastercard to your friends? Interest is calculated on the Average Daily Balance(s) of the . Interest bearing savings account can be connected. Brinks Paycard | Welcome and everyday life! BR Tech Services, Inc. NMLS ID #1743443 | NMLS Consumer Access. Mobile Check Load is a service provided by First Century Bank, N.A. Prepaid cards only allow you to spend money already in your account. 7 The Savings Account is made available to Cardholders through Republic Bank & Trust Company; Member FDIC. No minimum balance necessary to open Savings Account or obtain the yield(s). Card Account and Savings Account funds are FDIC-insured upon verification of Cardholders 9. 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. Account funds are withdrawn through the Card Account (maximum 6 such transfers per calendar month), Card Account transaction fees could If Cardholder is subject to Check the information is accurate and submit your application. identity. without notice pursuant to applicable law. 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. What Is Brinks Prepaid Mastercard? Buying a Mobile Home: What You Need to Know, Compare Motorcycle and ATV Insurance Reviews, Compare Personal Watercraft Insurance Reviews, Considering Renters Insurance? 9. With Brink's Direct Deposit, you can get paid faster than a paper check. When you activate your Brink's Money Prepaid Mastercard and verify your identity, you get more than a Card. Brink's Prepaid Mastercard charges a monthly fee of up to $9.95. 4% of the U.S. Dollar amount of the purchase transaction. 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. Each purchase will cost $1.50, but the $9.95 monthly plan may save you money depending on how often youll use your card. Rebekah Hovey is an editor with nearly a decade of experience creating and shaping content in finance-related and health care fields. 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. Restrictions include: no ATM withdrawals, international transactions, account-to-account transfers and additional loads. Bankrate.com is an independent, advertising-supported publisher and comparison service. Early availability of funds requires payor's support of direct deposit and is subject to the timing of payor's payment instruction. Fee is determined and assessed by operator of Netspend Reload Network location, and varies depending on location. (Residents of the State of Vermont are ineligible to open a Card Account). However, Visa cards tend to offer more perks on base cards than Mastercard credit cards, and the Brinks Prepaid is also missing the Netspends virtual card number and additional savings account banking options. No Minimum Balance, No Late Fees - because this is not a credit card Best Prepaid Credit Cards of 2023 (And Best Alternatives) - Money Under 30 *SuperMoney is not responsible for third party products, services, sites, recommendations, endorsements, reviews, etc. Fraud prevention Open to legal residents of the 50 U.S. or DC, and legal age of majority prior to time/date of entry. I've never heard of that type of card in the US, nor am I familiar with the California Bank that may clear Brinks US debit card transaction. Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries.