what is brinks prepaid mastercard what is brinks prepaid mastercard

Use your Brink's Money Prepaid Mastercard to shop online, in stores, on the phone basically anywhere Debit Mastercard is accepted! We may also ask to see your driver's license or other identifying information. The Brink's Prepaid Mastercard offers bank-level features without hefty fees. All checks are subject to approval for funding in Ingo Money's sole discretion. There is a Live Chat feature on the website under Customer Support. See the Cardholder Agreement for details. When you open a Self account, a loan is placed into a certificate of deposit, which you must pay back. Login. The interest rates and APYs of each tier may change. How much should you contribute to your 401(k)? The Brink's Money Prepaid Mastercard gives you the convenience of having a bank debit card. 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. Use your card for signature purchase transactions then redeem those points for cash back on your Card Account.4, Add check funds to your Brink's Prepaid Mastercard with the mobile app.5, Checks subject to approval. 6 Payback Rewards is an optional program. Find Your Best Match for Student Loan Refinancing. To order a Card, provide your name, mailing address and email address. Approved purchase transactions may 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. 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. 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. And your money is FDIC Insured by Republic Bank & Trust Company, Member FDIC, upon card activation and identity verification. NO PURCHASE NECESSARY. transactions!5. Greater of 2.0% of total check amount or $5.00 per check load. 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. 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. You can add money to your Brink's Card from an existing bank account or from another Brink's Card. Securing cash and valuables since 1859. Fees 8.0/10. 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. Plus, the app is optimized for . SuperMoney, and/or SuperMoney's lending partners, that will not affect your credit score. Bankrate, LLC NMLS ID# 1427381 | NMLS Consumer Access (CT) brinksmoneypayroll@brinksinc.com Brink's Paycard 1-855-627-4657 Monday - Friday: 6 AM. A fee may also be assessed by a financial institution that is not a Mastercard member financial institution. 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. Skip to content. Read More For ; No late fees or interest charges because this is not a credit card. Brink's is founded on a heritage of trust and a reputation as the most reliable name in the industry. transfer conducted through a Netspend Customer Service agent. Just a dollar-for-dollar match. You could win up to $5,000 in the Brink's Show Me The Money Truck Sweepstakes. What Are Collateral-Free Unsecured Business Loans? Certain restrictions apply; see the program terms and conditions for full details, including point earning and If your identity is partially verified, full use of the Card Account will Savings Account and is paid quarterly. Consistently provide up-to-date, reliable market information so you're well-equipped to make confident decisions. SuperMoney strives to provide a wide array of offers for our users, but our offers do not 9 Bill payments may be subject to fees. At each step of the way, we fact-check ourselves to prioritize accuracy so we can continue to be here for your every next. 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 However all credit card information is presented without warranty. Any issuers discussed on our site are vetted based on the value they provide to consumers at each of these levels. 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. Card may be used everywhere Debit Mastercard is accepted. 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. Brink's Prepaid Mastercard 1-877-849-3249 Monday - Friday: 8 AM. Account funds are withdrawn through the Card Account (maximum 6 such transfers per calendar month), Card Account transaction fees could Netspend is the federally registered U.S. service mark of Netspend Corporation. 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. Bankrate follows a strict editorial policy, so you can trust that were putting your interests first. Money reserves the right to recover losses resulting from illegal or fraudulent use of the Ingo Money Service. 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%. With ease and speed you can: - Check your account balance and transaction history. The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company pursuant to a license by Mastercard International Incorporated. Brink's Prepaid Mastercard does not require a credit check, so approval is guaranteed. Netspend, a Global Payments company, is a registered agent of Republic Bank & Trust Company. Intro Offer: Unlimited Cashback Match - only from Discover. * See the online application for details about terms and conditions for these offers. editorial policy, so you can trust that our content is honest and accurate. Bankrate has answers. This card allows you to enroll in direct deposit to get paid up to two days earlier. Our experts have been helping you master your money for over four decades. The Pay-As-You-Go Plan is the default Plan Fee on the Card Account. 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. Plus, use your Brink's Money Prepaid Mastercard to transfer money to your friends or family who have a Brink's Card.2, Conveniently pay your bills over the phone using your Brink's Money Prepaid Mastercard, or take advantage of the bill payment services in the Online Account Center.9. The Brink's Money Paycard Mobile App gives you the power to manage your account on the move. Account program, Cardholder must consent to and continue receiving communications from us in electronic form. With Brink's Direct Deposit, you can get paid faster* than a paper check. Unlike credit cards, however, they don't work on credit. Fees apply for approved Money in Minutes transactions funded to your card. 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. (Residents of the State of Vermont are ineligible to open a Card Account). Card may be used everywhere Debit Mastercard is accepted. Should you accept an early retirement offer? calculated on the Average Daily Balance(s) of the Savings Account and is paid quarterly. 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. but you may be able to use the Card for in-store purchase transactions. 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. processed. theYear = now.getYear(); For purposes of FDIC coverage limit, all funds held on deposit by the Cardholder at Republic Bank & Trust Company will be aggregated How To Get a Personal Loan With Fair Credit, How to Use a Personal Loan to Build Credit. All Rights Reserved. However, if you need a checking account and have no access to a traditional one, the Brinks can be helpful. It's convenient and faster than waiting for a paper check in the mail! 9 Custom Card Fee applies. Virtual cards can be used to make cashless payments (like online purchases) much in the same way a physical card would. We maintain a firewall between our advertisers and our editorial team. *SuperMoney is not responsible for third party products, services, sites, recommendations, endorsements, reviews, etc. Bankrates editorial team writes on behalf of YOU the reader. 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. This editorial content is not provided by any financial institution. Fee Home Equity Loan vs. Line of Credit: Which Should You Choose? editorial integrity, the Average Daily Balance which is $1,000.00 or less will be 4.91%. With Brink's Direct Deposit, you can get paid faster than a paper check. Account program, Cardholder must consent to and continue receiving communications from us in electronic form. The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company, Member FDIC, pursuant to a license by Mastercard International Incorporated. (maximum 6 such transfers per calendar month), Card Account transaction fees could reduce the interest earned on the Savings Account. There is no minimum balance. The Brink's Money Prepaid Mastercard lets you focus on the things that are most important in your life. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. Domestic ATMs only charge a $2.50 withdrawal fee. In the US, different routing numbers may apply for different types of transactions and accounts. Walmart MoneyCard. 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 faster1with direct deposit of your paychecks or government benefits. 5. 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. Compare its features and fees in our detailed review. Card Account and Savings Account funds are FDIC-insured upon verification of Cardholders These are some of the most common fees associated with the use of your Card. Is Brinks better than ADT? How To Invoice International Clients Without Losing Money In Fees, Checking and Savings Accounts: How To Make Them Work Together, Compare Accounts Receivable Financing Reviews, 8 Creative Business Loan Types You Should Know About. We follow strict guidelines to ensure that our editorial content is not influenced by advertisers. Order a Brink's Money Prepaid Mastercard and get the peace of mind you deserve. Check the banks website for the most current information. 9. Put your picture on a Card for added security when paying a merchant in store. You'll receive a Card in the mail within 7-10 business days. numbers. You are always on the go. affiliation, or sponsorship, of or by SuperMoney or them of us. 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. Prepaid MasterCards are used like regular credit cards. Void where prohibited by law. Interest is With Brink's Direct Deposit, you can get paid faster* than a paper check. If you choose the pay-as-you-go plan, itll be hard to maneuver without tripping over a fee. 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. January 21, 2022 by William Nelson A prepaid Mastercard can provide people without credit or debit cards a way to shop online. Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision. With theDiscover it Secured Credit Card, 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. Reverse Mortgages: When Do They Make Sense? IMPORTANT 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, and record information A PURCHASE OR PAYMENT WILL NOT INCREASE YOUR CHANCES OF WINNING. What Are the Differences Between Federal and Private Student Loans? Bankrateexpert Garrett Yarbrough strives to make navigating credit cards and credit building smooth sailing for his readers. Luckily, these reward opportunities can easily fit into your regular spending since they are personalized around your purchases. The maximum allowable savings account balance is $5,000. for your tax refundand for all your payroll and benefit checks too. iPad. 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. Does Brinks charge a monthly fee? Sign Up Now. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. 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. 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. reduce the interest earned on the Savings Account. Card activation and identity verification required before you can use the Card Account. Youll earn 1 Payback Point per dollar on signature purchase transactions (just select credit on the keypad at checkout), minus your purchase fees. Bankrate.com is an independent, advertising-supported publisher and comparison service. Your wireless carrier may charge a fee for message and data usage. to see your driver's license or other identifying information. Brink's secures valuables around the world. Are you an existing customer? Its not a long-term option, but is a great short-term solution. ATTENTION JOINT FILERS: Please make sure both parties are listed on the Card Account. Territories, including Guam and Puerto Rico, and where prohibited by law. Fee is assessed to transferor's account when the transfer is Card use subject to activation and identity verification. Sponsored by: Netspend Corporation, 5900 Airport Boulevard, Austin TX, 78752. prevention restrictions at any time, with or without notice. Netspend is a registered agent of Republic Bank & Trust Company. We may also ask to see your driver's license or other identifying information. Why Should You Get a Business Credit Card? transfers between Netspend Cardholders; a $4.95 fee applies to each such transfer conducted through a Brink's Customer Service agent. Void in U.S. The owner of this website may be compensated in exchange for featured placement of certain The card comes with a mobile app . LET'S TALK. document.write(theYear); Editorial Disclosure: Opinions expressed here are the author's alone, and have not been reviewed or approved by any advertiser. 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 >. The APYs were accurate as of var now = new Date(); var balanceDate = now.getMonth() + "/01/" + now.getFullYear(); document.write(balanceDate);. Call our automated, toll-free number 1 The interest rates and APYs of each tier may change. family The Brinks Prepaid Mastercard goes above and beyond our expectations for a prepaid debit card. Any opinions, analyses, reviews or recommendations expressed in this article are those of the authors alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. Brink's Prepaid Mastercard. 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. Use of Card Account also subject To participate in the Savings This is a third-party fee and is subject to change. Card activation and identity verification required before you can use the Card Account. Which Account Fits You Best? Certain products and services may be licensed under U.S. Patent Nos. All other trademarks and service marks belong to their owners. Netspend is a registered agent of Republic Bank & Trust Company. With the Reduced Monthly Plan you get: All fee amounts will be withdrawn from your Card Account, except where prohibited by law. IRS Tax Debt Relief Program: What Is It and Do You Qualify? The Brinks Prepaid Mastercard can be helpful in a financial pinch for people who are unbanked or who cant open a traditional checking account. 1, 2020. Securing cash and valuables since 1859.; With Brink's Direct Deposit, you can get paid faster than a paper check. See if you qualify for student loan refinancing and compare real time offers. (CT) Saturday - Sunday: 8 AM. However, credit score alone does not guarantee or imply approval for any standard Replacement Card Fee. Interest is calculated on the Average Daily Balance(s) of the Because the Payback Points programs terms are a bit vague, its difficult to tell the exact point value. +++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. Get a free consultation from a leading tax expert, in This feature drops your monthly plan to $5 a fee similar to other prepaid cards. Percentage taken of total check amount. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. Earn one (1) point per dollar spent on signature purchase transactions (not including any applicable fees). 3. 6,000,608 and 6,189,787. So, whether youre reading an article or a review, you can trust that youre getting credible and dependable information. Can a First-Time Home Buyer Get a Jumbo Loan? that identifies each person who opens a Card 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. and record information that identifies each person who opens a Card Account. of a check or other direct payment method. $3.00 per withdrawal. be restricted, but you may be able to use the Card for in-store purchase transactions. Even the rewards with the. Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover. Just make five (5) transactions of $5 or more on your Brink's Money Prepaid Mastercard.1, Card use subject to activation and identity verification.2. Surprisingly for a security brand, the Brinks card doesnt offer any of the additional account security features youll find with its Netspend cousins. Residents of Vermont are ineligible to open a Card Account. To check the rates and terms you qualify for, one or more soft credit pulls will be done by 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. The Brink's Prepaid Mastercard is designed for consumers who want the convenience of paying with plastic but don't want (or don't qualify) for a regular credit card. However, its rewards program is confusing, and, like most prepaid cards, it poses a few fee-harvesting traps. Managing your money wherever, whenever. For people without credit, the. Up to the Greater of 2.75% of the withdrawal amount or $4.00 per withdrawal. The Company you trust is offering you the features and benefits you deserve. be associated with the funding and use of your card. Meanwhile, the Brinks Prepaid can (and will) charge you almost $6 a month after 90 days of inactivity, which further eats into your balance. Just $5 a month (compared to $9.95) for purchase 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. Interest is if (theYear < 1900) theYear = theYear + 1900; products and services that empower unbanked consumers with the convenience to be self-banked. Prepaid cards only allow you to spend money already in your account. Brink's gives you the peace of mind you deserve. Transaction fees, terms, and conditions apply to the use and reloading of the Card Account. There is no minimum balance. Residents of Vermont are ineligible to open a Card Account. Find out how. However, if you choose a product and continue your application at a Use your Brink's Money Prepaid Mastercard to shop online, in stores, on the phone basically anywhere Debit Mastercard is accepted! At Bankrate we strive to help you make smarter financial decisions. Getting a Mortgage With a Smaller Down Payment and No PMI. No cost for online or mobile Account-to-Account transfers between Netspend Cardholders; a $4.95 fee applies to each such now = new Date(); Rebekah Hovey is an editor with nearly a decade of experience creating and shaping content in finance-related and health care fields. Brink's Money Paycard - Cardholders. 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. If represent all financial services companies or products. 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. 2023 Bankrate, LLC. In fact, its missing Netspends virtual card number benefit for safer online shopping.