And your money is FDIC Insured by Republic Bank & Trust Because the Payback Points programs terms are a bit vague, its difficult to tell the exact point value. When you activate your Brink's Money Prepaid Mastercard and verify your identity, you get more than a Card. Percentage taken of total check amount. Every reasonable effort has been made to maintain accurate information. Netspend Corporation.All rights reserved worldwide. for your tax refundand for all your payroll and benefit checks too. If Cardholder is subject to The Brink's Money Paycard Mobile App gives you the power to manage your account on the move. 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. Editorial Disclosure: Opinions expressed here are the author's alone, and have not been reviewed or approved by any advertiser. The Brink's Prepaid is a decent starter card that offers rewards like a credit card, but carries a few fees to consider. Its not a long-term option, but is a great short-term solution. Because Savings 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. How much should you contribute to your 401(k)? The maximum balance you can have on Brink's Prepaid Mastercard is $15,000. 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. Card use subject to activation and identity verification. Here's how it works: Order a Card To order a Card, provide your name, mailing address and email address. create up to a $10.00 negative balance on your Card Account. You'll receive a Card in the mail within 7-10 business days. This caveat is worth considering since prepaid cards dont enjoy as many federal protections as debit and credit cards do. Don't have a card? You can also deposit your paycheck or a personal check using the mobile banking app, available for both Apple and Android phones. When you open a Self account, a loan is placed into a certificate of deposit, which you must pay back. What bank does Brinks prepaid Mastercard use Restrictions include: no ATM withdrawals, international transactions, account-to-account transfers and additional loads. $2.50 per withdrawal, plus ATM owner fees, if any. delay availability of funds with or without notice. Release Summary. Brink's Prepaid Mastercard 1-877-849-3249 Monday - Friday: 8 AM. 6 The $10 Purchase Cushion is not an extension of credit; it is a courtesy exercised at our discretion. document.write(theYear); The company you trust offers you the features and benefits you deserve to create a more convenient way to bank. Use of Card Account also subject There is a reload fee of up to $3.95 fee every time you reload the card. It's at +100 if everybody recommends the provider, and at -100 when no one recommends. Bankrates editorial team writes on behalf of YOU the reader. now = new Date(); who do not have a traditional bank account or who rely on alternative financial services. 6,000,608 and 6,189,787. Brink's Money Prepaid Mastercard. Use Direct Deposit The company's mission is to develop Home Equity Loan vs. Line of Credit: Which Should You Choose? The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company, Member FDIC, pursuant to a license by Mastercard International Incorporated. The Brinks Prepaid is only worth it in very specific situations, like if you cant open a traditional banking account. How to Find a Money Transfer Service Near Me? 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. 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. If 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. Sponsored by: Netspend Corporation, 5900 Airport Boulevard, Austin TX, 78752. LET'S TALK. 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. create up to a $10.00 negative balance on your Card Account. (877) 788-9067, or click the link below and activate it online. Card Account and Savings Account funds are FDIC-insured upon verification of Cardholders Percentage taken of total check amount. You do have the card in your possession, correct? Were transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money. January 21, 2022 by William Nelson A prepaid Mastercard can provide people without credit or debit cards a way to shop online. A virtual card is simply a debit or credit card without the actual, physical card. 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. No cost for online or mobile Account-to-Account transfers between Netspend Cardholders; a $4.95 fee applies to each such Plan. 6,000,608 and 6,189,787. availability of funds requires payor's support of direct deposit and is subject to the timing of payor's payment instruction. With Brink's Direct Deposit, you can get paid faster* than a paper check. With Direct Deposit, you don't have to wait in line to cash your check, pay checking cashing fees, or worry about a paper check being lost or stolen. The Savings Account is made available to Cardholders through Republic Bank & Trust Company; Member FDIC. iPhone. Take our 3 minute quiz and match with an advisor today. Should You Hire a Debt Settlement Company or Do It Yourself? affiliation, or sponsorship, of or by SuperMoney or them of us. be associated with the funding and use of your card. Brink's understands that time and money are valuable to you. If you plan to save your tax refund, this is the card for you. To participate in the Savings Account program, Cardholder must consent to and continue receiving communications from us You have money questions. If you wish to change to another Plan, just call 1 (877) 8493249 or visit. 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 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, 4% per foreign transaction. April After qualifying, Monthly Plan Approval review usually takes 3 to 5 minutes And your money is FDIC Insured by Republic Bank & Trust Company, Member FDIC, upon card activation and identity verification. 4 Faster access claim is based on comparison of a disbursement via direct deposit vs. disbursement via a mailed paper check. Interest is See if you qualify for student loan refinancing and compare real time offers. The account earns a whopping up to 5 percent APY, but only up to a tiny $1,000 balance (4.91 percent variable interest rate). How to Get a Reverse Mortgage: 3 Steps to Getting an HECM. More from our insights library: The True Costs of Manual Cash Management Manual cash management costs businesses time and money. * Find surcharge free ATMs. Bankrate follows a strict editorial policy, so you can trust that were putting your interests first. At each step of the way, we fact-check ourselves to prioritize accuracy so we can continue to be here for your every next. sponsored products and services, or your clicking on links posted on this website. What bank is Brinks all access? Use of the Card Account is subject to activation, ID verification, and funds availability. Our mission is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure that happens. All other trademarks and service marks belong to their owners. Ends 1/31/22. This compensation may impact how and where products appear on this site We continually strive to provide consumers with the expert advice and tools needed to succeed throughout lifes financial journey. 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. Managing your money wherever, whenever. A Red Ventures company. 6,000,608 and 6,189,787. Use the Brink's Money Prepaid Mobile App to manage your Card Account on the go and enroll to get text message . Certain products and services may be licensed under U.S. Patent Nos. this post may contain references to products from our partners. Get a free consultation from a leading tax expert, in ; No late fees or interest charges because this is not a credit card. I mention reloading because it would be IMHO, the only reaso. Their use does not signify or suggest the endorsement, However, credit score alone does not guarantee or imply approval for any Reward offers are based on individual shopping habits. With Brink's Direct Deposit, you can get paid faster than a paper check. SuperMoney.com is an independent, advertising-supported service. Greater of 2.0% of total check amount or $5.00 per check load. the Average Daily Balance which is $1,000.00 or less will be 4.91%. Interest bearing savings account can be connected. Money reserves the right to recover losses resulting from illegal or fraudulent use of the Ingo Money Service. 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. Ends 1/31/22. The Company you trust is offering you the features and benefits you deserve. Prepaid cards only allow you to spend money already in your account. Card Account and Savings Account funds are FDIC-insured upon verification of Cardholders to see your driver's license or other identifying information.