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. The Brinks Prepaid is only worth it in very specific situations, like if you cant open a traditional banking account. Skip to content. affiliation, or sponsorship, of or by SuperMoney or them of us. Bankrates editorial team writes on behalf of YOU the reader. not affiliated in any way with this program and do not endorse or sponsor this program. How to Negotiate with Creditors for a Lower Debt Settlement, How To Find Auto Insurance That Covers Any Driver, How to Get Cheap Auto Insurance Before You Buy a Car, Complete Guide to Choosing the Best Auto Insurance, What Homeowners Need To Know About Excess Flood Insurance, How to Find Home Insurance that Covers Water Damage, How to Find Home Insurance That Covers Everything, How to Dispute a Home Insurance Claim Settlement, Surprising Things Homeowners Insurance Doesn't Cover, How to Find the Best Whole Life Insurance Policy, Differences Between Whole and Term Life Insurance. Additional transaction fees, costs, terms and conditions may Get a free consultation from a leading credit card debt expert. Because Savings Pay- without notice pursuant to applicable law. You are always on the go. Cardholder is responsible for repayment of any negative balance. 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. The Pay-As-You-Go Plan is the default Plan Fee on the Card Account. Sign Up Now. These are promotional rates and may change Check the information is accurate and submit your application. Open only to U.S. legal residents who are the legal age of majority or older at time/date of entry. Personal Loan Vs. Line Of Credit: Which Is Better? The APYs were accurate as of var now = new Date(); var balanceDate = now.getMonth() + "/01/" + now.getFullYear(); document.write(balanceDate);. All rights reserved. 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. All products, logos, and company names are trademarks or registered trademarks of their respective holders. This is a third-party fee and is subject to change. by SuperMoney users with a score of -47, equating to 2.1 on a 5 point rating scale. 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. 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. custom card requires resubmission of image and payment of Custom Card Fee; or (b) a replacement standard card requires payment of However, its rewards program is confusing, and, like most prepaid cards, it poses a few fee-harvesting traps. 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 The Brink's Prepaid Mastercard offers bank-level features without hefty fees. create up to a $10.00 negative balance on your Card Account. Netspend Corporation.All rights reserved worldwide. The Brink's Prepaid is a decent starter card that offers rewards like a credit card, but carries a few fees to consider. $4.95 per transfer via Customer Service Agent. now = new Date(); Activate/Register Log In Anytime Alerts TM Enroll in Anytime Alerts to keep track of your balance, deposits, and payments via text or email. financial product. There is no minimum balance. If you wish to change to another Plan, just call 1 (877) 8493249 or visit. How to Get a Reverse Mortgage: 3 Steps to Getting an HECM. Fees apply for approved Money in Minutes transactions funded to your card. Please explain your vote by sharing your experience. 9 Custom Card Fee applies. Brink's Business Expense. This compensation may impact how and where products appear on this site 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. but can take up to one hour. Plan. 16 Best Prepaid Debit Cards with No Fees (2023) - CardRates.com 6,000,608 and 6,189,787. 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 If +++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. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. 1, 2020. Use Direct Deposit With Brink's Direct Deposit, you can get paid faster than a paper check. The Brink's Money Paycard Mobile App gives you the power to manage your account on the move. Home - Brink's US Netspend is a registered agent of Republic Bank & Trust Company. Discover will automatically match all the cash back you've earned at the end of your first year! *Card issued by Republic Bank & Trust Company, Member FDIC. 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. create up to a $10.00 negative balance on your Card Account. We maintain a firewall between our advertisers and our editorial team. Brinks Money Features Benef - The Brink's Money Prepaid MasterCard is See your Cardholder Agreement for details. A PURCHASE OR PAYMENT WILL NOT INCREASE YOUR CHANCES OF WINNING. Standard text message or data rates may apply. 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. Meet you wherever you are in your credit card journey to guide your information search and help you understand your options. Brink's Money Prepaid Mastercard All checks are subject to approval for funding in Ingo Money's sole discretion. Republic Bank & Trust Company and Mastercard are Early availability of funds requires payor's support of direct deposit and is subject to the timing of payor's payment instruction. The Savings Account is made available to Cardholders through Republic Bank & Trust Company; Member FDIC. Getting a Mortgage With a Smaller Down Payment and No PMI. Which bank is brinks? - askingforanswer.com and record information that identifies each person who opens a Card Account. These are variable rates and may change With Brink's Direct Deposit, you can get paid faster than a paper check. PayPal's prepaid MasterCard charges $4.95 per month for unlimited purchases. The Brink's Money Prepaid Mastercard gives you the convenience of having a bank debit card. iPad. Brink's Money Prepaid - Apps on Google Play The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company pursuant to a license by Mastercard International Incorporated. CTA Banner. Bankrate follows a strict editorial policy, so you can trust that were putting your interests first. Activate your new Brink's Money Prepaid Mastercard and verify your identity. Certain products and services may be licensed under U.S. Patent Nos. 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. and Ingo Money, Inc., subject to the First Century Bank and Ingo Money Terms and Conditions, and Privacy Policy. Agreement. However, if you choose a product and continue your application at a reduce the interest earned on the Savings Account. and everyday life! A Red Ventures company. 8 Faster funding claim is based on a comparison of our policy of making funds available upon receipt of payment instruction versus the typical Our editorial team does not receive direct compensation from our advertisers. Brink's Prepaid Mastercard charges a monthly fee of up to $9.95. 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. Business Loans for New Businesses: What You Need To Know ? The Brinks Prepaid MasterCard comes with additional features. ++During checkout, select "CREDIT" on the keypad to make a Signature Purchase, or select "DEBIT" and enter your PIN to make a PIN Purchase. Cardholder is responsible For one, setting up direct deposits with the Brinks card means funds are available up to 2 days earlier than with a bank. Walmart MoneyCard. What KInd Of Credit Do You Need For An Auto Loan? 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. Set the dial to 0. Card may be used everywhere Debit Mastercard is accepted. 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.. 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. Use your Brink's Money Prepaid Mastercard to shop online, in stores, on the phone basically anywhere Debit Mastercard is accepted! The maximum allowable savings account balance is $5,000. Open to legal residents of the 50 U.S. or DC, and legal age of majority prior to time/date of entry. Youll earn 1 Payback Point per dollar on signature purchase transactions (just select credit on the keypad at checkout), minus your purchase fees. Brink's Prepaid Mastercard Review - AllCards.com Should You Hire a Debt Settlement Company or Do It Yourself? identity. The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company, Member FDIC, pursuant to a license by Mastercard International Incorporated. IRS Tax Debt Relief Program: What Is It and Do You Qualify? 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 7. At Bankrate we strive to help you make smarter financial decisions. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. 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. calculated on the Average Daily Balance(s) of the Savings Account and is paid quarterly. Our goal is to give you the best advice to help you make smart personal finance decisions. The Brink's Money Prepaid Mastercard combines the security of Brink's with the flexibility and power of Netspend. Up to the Greater of 2.75% of the withdrawal amount or $4.00 per withdrawal. CONSUMER DISCLOSURE: NO PURCHASE OR PAYMENT OF ANY KIND IS NECESSARY TO ENTER OR WIN. Internal Revenue Service backup withholding at the time of the request to open a Savings Account, the request will be declined. See the Consolidating vs. 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, The Company you trust is offering you the features and benefits you deserve. Take advantage of the convenient features that help take the stress out of managing your money so you can spend time on the important things, like friends, Certain products and services may be licensed under U.S. Patent Nos. No cost for online or mobile Account-to-Account Card activation and identity verification required before you can use the Card Account. In the US, different routing numbers may apply for different types of transactions and accounts. Nouri Zarrugh is a writer and editor for CreditCards.com and Bankrate, focusing on product news, guides and reviews. 6,000,608 and 6,189,787. Fee is determined and assessed by operator of Netspend Reload Network $2.50 per withdrawal, plus ATM owner fees, if any. However, credit score alone does not guarantee or imply approval for any April Brinks Prepaid Mastercard review 2023 | finder.com The company you trust offers you the features and benefits. There are no fees for purchases, and the first late fee is even waived (up to $41 after that). No minimum balance necessary to open Savings Account or obtain the yield(s). $5.95 for processing and mailing of a return of funds check at Card Account closure. 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. in electronic form. 4 Fees for bank transfers are determined by the transferor's bank and may be charged to the transferor's bank account by the service provider See the Cardholder Agreement for details. for your tax refundand for all your payroll and benefit checks too. 6 Payback Rewards is an optional program. Enroll in Brink's Money Payback Points. More from our insights library: The True Costs of Manual Cash Management Manual cash management costs businesses time and money. Your funds on deposit are FDIC insured up to $250,000 through your issuing bank, subject to aggregation of all funds held on deposit. 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.) See if you qualify for student loan refinancing and compare real time offers. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. 3 Fee may be assessed by reload location and may vary from location to location. 3 Fee may be assessed by reload location and may vary from location to location. With the Reduced Monthly Plan you get: All fee amounts will be withdrawn from your Card Account, except where prohibited by law. The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company pursuant to a license by Mastercard International Incorporated. Login. Approved purchase transactions may is the superior option, and consumers should consider it over the Brinks due to its lack of fees and credit-building features. (877) 788-9067, or click the link below and activate it online. Your funds on deposit are FDIC insured up to $250,000 through your issuing bank, subject to aggregation of all funds held on deposit. redemption parameters. Netspend Corporation.All rights reserved worldwide. For example, the American Express Serve Cash Back prepaid card earns unlimited 1 percent cash back on all purchases in exchange for a $7.95 monthly fee. The Brink's Money Prepaid Mastercard gives you the convenience of having a bank debit card. Brinks Prepaid Mastercard Review - Card With Some Big Perks Fraud prevention Netspend is a registered agent of Republic Bank & Trust Company. NOTE: Fees assessed to your Card Account balance may bring your Card Account balance negative. Luckily, these reward opportunities can easily fit into your regular spending since they are personalized around your purchases. How It Works | Brink's Money Prepaid Mastercard 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. Card activation and identity verification required before you can use the Card Account. Interest is Should you accept an early retirement offer? Approved purchase transactions may create up to a $10.00 negative balance on your Card Account. 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. Certain products and services may be licensed under U.S. Patent Nos. Unless youre dedicated to a prepaid card, alternative options like one of the best checking accounts might be cheaper. Netspend Corporation, a Global Payments Company (NYSE: GPN) is a leading provider of general-purpose reloadable (GPR) Early Residents of Vermont are ineligible to open a Card Account. to fraud prevention restrictions at any time, with or without notice. Earn 2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter. Get the app that helps make sure your money keeps up with you! The interest rates and APYs of each tier may change. However, it will not help you build credit and some online merchants don't accept prepaid cards. Securing cash and valuables since 1859. However, if you need a checking account and have no access to a traditional one, the Brinks can be helpful. Here's an explanation for how we make money 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. When you open a Self account, a loan is placed into a certificate of deposit, which you must pay back. Brink's Complete services are provided by Brink's Capital LLC, an indirect wholly owned subsidiary of The Brink's Company. As such, your money may go a bit farther with a debit or credit card. LET'S TALK. However, you may be able to earn bonus points at a higher rate if you take advantage of additional limited-time, merchant-specific offers in your Online Account Center. 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 This is a third-party fee and is subject to change. iPhone. Greater of 2.0% of total check amount or $5.00 per check load. Best Prepaid Credit Cards & Debit Cards of 2023 - CreditCards.com 3. and governmental customers. Brink's US Email: csc-dfw@brinksinc.com Republic Bank & Trust Company, Member FDIC. In fact, its missing Netspends virtual card number benefit for safer online shopping. The interest rates and APYs of each tier may change. If Cardholder is subject to Internal Revenue Service backup withholding at the time of the request to open a Savings Account, the request will be declined. 8. (including, for example, the order in which they appear). If custom card is lost, stolen, or damaged, any request for: (a) a replacement family financial product. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Transaction fees, terms, and conditions apply to the use and reloading of the Card Account. Ingo The interest rates and APYs of each tier may change. After qualifying, Monthly Plan Cardholders will receive the Reduced Monthly Plan Fee of $5 on their next Plan Fee assessment date. Compare its features and fees in our detailed review. Above that, the APY drops to 0.50 percent (0.49 percent variable interest rate), which isnt a terrible rate considering the current average APY. Best Prepaid Credit Cards of 2023 (And Best Alternatives) - Money Under 30 restrictions may delay availability of funds with or without notice. be restricted, but you may be able to use the Card for in-store purchase transactions. There is a Live Chat feature on the website under Customer Support. For 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. 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 Terms apply to the offers listed on this page. 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. Trust us with your money and take advantage of the benefits such as a Personal Photo card. However all credit card information is presented without warranty. No fee to receive 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. Charged in addition to any applicable Purchase Transaction Fee or OTC Withdrawal Fee. How to Find a Money Transfer Service Near Me? The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company, Member FDIC, pursuant to a license by Mastercard International Incorporated. When your highest-paid employees spend time handling cash, your business loses time and money. Our experts have been helping you master your money for over four decades. if (theYear < 1900) theYear = theYear + 1900; 8. View Republic Bank & Trust Company Profile, 1 other reviews that are currently hidden , Netspend Small Business Prepaid Mastercard, Western Union Netspend Prepaid Mastercard, Filter & compare all your options in one place. 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. Account program, Cardholder must consent to and continue receiving communications from us in electronic form. Find out how. 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 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.) 2023 Brinks Reviews: Prepaid Cards - consumersadvocate.org Card use subject to activation and identity verification. - 8 PM. SuperMoney strives to provide a wide array of offers for our users, but our offers do not Turn the dial clockwise fully four times, and stop on the first number for the combination lock on the fifth turn of the dial. Home Equity Loan vs. Line of Credit: Which Should You Choose? There's no interest or late fees because it's not a credit card. Surprisingly for a security brand, the Brinks card doesnt offer any of the additional account security features youll find with its Netspend cousins. Adding money to your Brink's Money Prepaid Mastercard is convenient. Unfortunately, your balance will be constantly nibbled into by the cast of fees that usually come with even the best prepaid cards. sponsored products and services, or your clicking on links posted on this website. The Brink's Money Paycard Mobile App gives you the power to manage your account on the move. What Are Virtual Cards - Brink's Money reduce the interest earned on the Savings Account. 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. As-You-Go Cardholders must enroll in the Reduced Monthly Plan to receive it. 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. What bank is Brinks all access? 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. Besides its laundry list of fees, a few other key considerations deserve your attention before choosing the Brinks Prepaid. This feature drops your monthly plan to $5 a fee similar to other prepaid cards. 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. 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. Interest bearing savings account can be connected. It's at +100 if everybody recommends the provider, and at -100 when no one recommends. What Are The Different Types of Life Insurance? Consistently provide up-to-date, reliable market information so you're well-equipped to make confident decisions. Bankrate, LLC NMLS ID# 1427381 | NMLS Consumer Access Residents of Vermont are ineligible to open a Card Account. that identifies each person who opens a Card Account. Can a First-Time Home Buyer Get a Jumbo Loan? identity. Brink's US - Brink's Prepaid Mastercard Answer: It depends on the country where the card is issued. theYear = now.getYear(); 4% per foreign transaction. Fee Approved purchase transactions may What bank does Brinks prepaid Mastercard use With Brink's Direct Deposit, you can get paid faster* than a paper check. Brinks Prepaid Mastercard Review - The Dough Roller 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 >. What Are Different Types of Credit Cards? No Minimum Balance, No Late Fees - because this is not a credit card Brink's Prepaid Mastercard sets a daily direct deposit limit of $7,500. See below for Official Rules & complete details. The Brinks Prepaid Mastercard delivers the same opt-in Payback Points rewards program as other Netspend prepaid cards, but Brinks program is called Brinks Money Payback Points. Bankrate has answers. Is Brinks better than ADT? 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. Plan. Internal Revenue Service backup withholding at the time of the request to open a Savings Account, the request will be declined. 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