The interest rates and APYs of each tier may change. So, whether youre reading an article or a review, you can trust that youre getting credible and dependable information. Turn the dial clockwise fully four times, and stop on the first number for the combination lock on the fifth turn of the dial. this post may contain references to products from our partners. Personal Loan Vs. Line Of Credit: Which Is Better? Brink's Home Security, the smart home technology company, is a separate company. Bankrate follows a strict editorial policy, so you can trust that were putting your interests first. Securing cash and valuables since 1859. 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. 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. Theres no upfront card purchase fee, but youll have to pay up to $3.95 just to reload your cards cash balance. of a check or other direct payment method. 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. Skip to content. If if (theYear < 1900) theYear = theYear + 1900; No Minimum Balance, No Late Fees - because this is not a credit card theYear = now.getYear(); for repayment of any negative balance. The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired. The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company pursuant to a license by Mastercard International Incorporated. Card Account and Savings Account funds are FDIC-insured upon verification of Cardholders identity. Up to $3.95 per load. To check the rates and terms you qualify for, one or more soft credit pulls will be done by LET'S TALK. Certain products and services may be licensed under U.S . Netspend, a Global Payments company, is a registered agent of Republic Bank & Trust Company. How to Find a Money Transfer Service Near Me? Can you run a netspend card as credit? 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. Brink's gives you the peace of mind you deserve. Would you recommend Brink's Prepaid Mastercard to your friends? Netspend is a registered agent of Republic Bank & Trust Company. The maximum allowable savings account balance is $5,000. numbers. Recommendation score measures the loyalty between a provider and a consumer. Early availability of funds requires payor's support of direct deposit and is subject to the timing of payor's payment instruction. All other trademarks and service marks belong to their owners. if (theYear < 1900) theYear = theYear + 1900; 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. 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. The information, including card rates and fees, is accurate as of the publish date. Prepaid cards only allow you to spend money already in your account. You will need to pay $9.95, if you need a card replacement. 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. Order Your Brink's Money Prepaid Card Here >. Card activation and identity verification required before you can use the Card Account. These additional offers are similar to card-linked reward programs, like Amex Offers or Chase Offers. How to Open a Brinks fire Safe. Bankrate has answers. Use of the Card Account is subject to activation, ID verification, and funds availability. Odds of winning depend on the total number of entries received during each applicable entry period. Brink's Prepaid Mastercard has a daily ATM withdrawal limit of $940. Bankrate, LLC NMLS ID# 1427381 | NMLS Consumer Access Instead, you might want to focus on earning a higher credit score with your card if you have less-than-perfect credit. Our experts have been helping you master your money for over four decades. 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. Sponsored by: Netspend Corporation, 5900 Airport Boulevard, Austin TX, 78752. Are you an existing customer? The Brinks Mastercard is a prepaid card designed for day-to-day purchases. 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. Start to spend more time on the things that matter like family, friends and everyday life. SuperMoney.com is an independent, advertising-supported service. (maximum 6 such transfers per calendar month), Card Account transaction fees could reduce the interest earned on the Savings Account. Brink's, Incorporated operates in the State of Texas under DPS License C00550 ++During checkout, select "CREDIT" on the keypad to make a Signature Purchase, or select "DEBIT" and enter your PIN to make a PIN Purchase. Fill in the application form. To order a Card, provide your name, mailing address and email address. Getting a Mortgage With a Smaller Down Payment and No PMI. Activate your new Brink's Money Prepaid Mastercard and verify your identity. Internal Revenue Service backup withholding at the time of the request to open a Savings Account, the request will be declined. 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. The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company, Member FDIC, pursuant to a license by Mastercard International Incorporated. Card Account and Savings Account funds are FDIC-insured upon verification of Cardholders Please explain your vote by sharing your experience. 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%. Visit one of the over 130,000 Netspend Reload locations3, transfer2 money from a qualifying not affiliated in any way with this program and do not endorse or sponsor this program. If custom card is lost, stolen, or damaged, any request for: (a) a replacement (CT) brinksmoneypayroll@brinksinc.com Brink's Paycard 1-855-627-4657 Monday - Friday: 6 AM. Charges a monthly maintenance fee of up to $9.95. Our mission is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure that happens. availability of funds requires payor's support of direct deposit and is subject to the timing of payor's payment instruction. Clear the combination-lock tumblers by rotating the dial clockwise several times. For one, setting up direct deposits with the Brinks card means funds are available up to 2 days earlier than with a bank. Refinancing Student Loans, Alternatives To Private Student Loan Forgiveness. Find Your Best Match for Student Loan Refinancing. The Savings Account is made available to Cardholders through Republic Bank & Trust Company; Member FDIC. , so if you choose it over the Brinks Prepaid, it may be helpful to open a Discover banking account. 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. Certain products and services may be licensed under U.S. Patent Nos. Fee to send money is determined and assessed by Western Union. Securing cash and valuables since 1859.; With Brink's Direct Deposit, you can get paid faster than a paper check. Cardholder is responsible for repayment of any negative balance. Brink's Money Prepaid Account - Brink's Prepaid Mastercard Why Should You Get a Business Credit Card? 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. identity. It may be worth looking into another prepaid credit card with a more straightforward redemption option, such as cash back. month instead of paying a fee for every purchase transaction under the Pay-As-You-Go Plan. The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company, Member FDIC, pursuant to a license by. Netspend, a Global Payments company, is a registered agent of Republic Bank & Trust Company. When it comes to rewards cards centered around cash back on everyday purchases, you typically want your points to be worth at least 1 cent apiece for a 1 percent cash return. If you have a professional tax preparer, give them these However all credit card information is presented without warranty. - Midnight (CT) Saturday - Sunday: 8 AM. reduce the interest earned on the Savings Account. A PURCHASE OR PAYMENT WILL NOT INCREASE YOUR CHANCES OF WINNING. Netspend is the federally registered U.S. service mark of Netspend Corporation. Login. Savings Account and is paid quarterly. App Store is a service mark of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC. Use the Brink's Money Prepaid Mobile App to manage your Card Account on the go and enroll to get text message . For up-to-date The Pay-As-You-Go Plan is the default Plan Fee on the Card Account. 6,000,608 and 6,189,787. Prepaid Debit Cards from, Please write a review to submit your vote, Compare Business Checking Accounts Reviews. You have not yet won. be associated with the funding and use of your card. 3. Prepaid MasterCards are used like regular credit cards. What are index funds and how do they work? 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. With Brink's Direct Deposit, you can get paid faster than a paper check. For 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, Neither Plan Fee option includes any other fees. affiliation, or sponsorship, of or by SuperMoney or them of us. Is Refinancing Your Student Loan Worth It? 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. 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. Do Private Student Loans Have a Statute of Limitations? Use of Card Account also subject to fraud 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. mostly not recommended With Brink's Direct Deposit, you can get paid faster than a paper check. Getting a Business Loan When You Have Bad Credit. Your wireless carrier may charge a fee for message and data usage. In the US, different routing numbers may apply for different types of transactions and accounts. 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. Call our automated, toll-free number 1 With the Brink's Prepaid MasterCard, you can get paid up to two days faster and manage your money anytime and anywhere. 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%. Buying a Mobile Home: What You Need to Know, Compare Motorcycle and ATV Insurance Reviews, Compare Personal Watercraft Insurance Reviews, Considering Renters Insurance? Please contact them directly through their website (https://brinkshome.com) or their toll-free number (800-447-9239). 6,000,608 and 6,189,787. 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. As far as rates and fees go, the Brinks Prepaid Mastercard is virtually identical to the Netspend Prepaid Visa. Your money is in your Brink's Money Account and ready to be used by 8 a. CT on your payday. 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 Neither Plan Fee option includes any other fees. 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). Republic Bank & Trust Company, Member FDIC. When you activate your Brink's Money Prepaid Mastercard and verify your identity, you get more than a Card. Get a free consultation from a leading tax expert, in The Brinks Prepaid MasterCard comes with additional features. 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. See the Cardholder Agreement for details. editorial integrity, There is no minimum balance. Early availability of funds requires payor's support of direct deposit and is subject to the timing of payor's payment instruction. This is a third-party fee and is subject to change. Fraud prevention See the Cardholder Agreement for details. Ends 1/31/22. Fraud prevention restrictions may delay availability of funds with or without notice. No fee to receive 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 Use your Brink's Money Prepaid Mastercard to shop online, in stores, on the phone basically anywhere Debit Mastercard is accepted! 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. Brink's Money Prepaid Mastercard. All Rights Reserved. 8. Use your Brink's Money Prepaid Mastercard to shop online, in stores, on the phone basically anywhere Debit Mastercard is accepted! Program sponsor: Netspend Corporation. 4% of the U.S. Dollar amount of the purchase transaction. 9 Bill payments may be subject to fees. bank account, or get paid up to 2 days faster8 with no-cost Direct Deposit. If Cardholder is subject to BR Tech Services, Inc. NMLS ID #1743443 | NMLS Consumer Access. 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). Pros and Cons of Refinancing Your Mortgage, Questions to Ask Before Refinancing Your Mortgage, SuperMoney's Student Loan Refinance Marketplace, How To Get The Best Student Loan Refinance Rates. $1.00 per declined transaction. Set the dial to 0. Meanwhile, the Brinks Prepaid can (and will) charge you almost $6 a month after 90 days of inactivity, which further eats into your balance. Managing your money wherever, whenever. At Bankrate we strive to help you make smarter financial decisions. We endeavor to ensure that the information on this site is current and accurate but you should confirm any information with the product or 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. Their use does not signify or suggest the endorsement, Residents of Vermont are ineligible to open a Card Account. 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. Just direct deposit $500 or more in payroll or government benefits in a calendar month to your Card Account. 1 Cardholder Agreement for details. Nouri Zarrugh is a writer and editor for CreditCards.com and Bankrate, focusing on product news, guides and reviews. Consistently provide up-to-date, reliable market information so you're well-equipped to make confident decisions. We may also ask You'll receive a Card in the mail within 7-10 business days. 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. This compensation may impact how and where products appear on this site Other prepaid cards like the Amex Serve Cash Back prepaid card may rake in more rewards and provide lower cost networks. Copyright 2023 SuperMoney, LLC. I mention reloading because it would be IMHO, the only reaso. Enroll in Brink's Money Payback Points. The company's mission is to develop Fee Restrictions include: no ATM withdrawals, international transactions, account-to-account transfers and additional loads. Starts 2/1/21. 1, 2020. See if you qualify for student loan refinancing and compare real time offers. After qualifying, Monthly Plan Cardholders will receive the Reduced Monthly Plan Fee of $5 on their next Plan Fee assessment date. Residents of Vermont are ineligible to open a Card Account. The Brink's Money Paycard Mobile App gives you the power to manage your account on the move. What Are the Differences Between Federal and Private Student Loans? No Minimum Balance, No Late Fees - because this is not a credit card Card Account and Savings Account funds are FDIC-insured upon verification of Cardholders No late fees or interest charges because this is not a credit card. There's no minimum spending or maximum rewards. 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. We maintain a firewall between our advertisers and our editorial team. We may also ask to see your driver's license or other identifying information. 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 January 21, 2022 by William Nelson A prepaid Mastercard can provide people without credit or debit cards a way to shop online. 7. When filing your taxes, put your Routing Number and Account Number in the designated fields (shown below) and indicate 'Checking' as the account type. Because Savings Every reasonable effort has been made to maintain accurate information. Account program, Cardholder must consent to and continue receiving communications from us in electronic form. April With Brink's Direct Deposit, you can get paid faster* than a paper check. If you are often close to the maximum balance, it may be time to put your money to work and deposit it in an account that yields interest, such as a savings account, a CD, or a money market account. Transaction fees, terms, and conditions apply to the use and reloading of the Card Account. SuperMoney strives to provide a wide array of offers for our users, but our offers do not be restricted, but you may be able to use the Card for in-store purchase transactions. Netspend, a Global Payments company, is a registered agent of Republic Bank & Trust Company. No late fees or interest charges because this is not a credit card. No minimum balance necessary to open Savings Account or obtain the yield(s). 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. No charge for this service, but your wireless carrier may charge for messages or data. Cardholder is responsible for repayment of any negative balance. Here's an explanation for how we make money Earn one (1) point per dollar spent on signature purchase transactions (not including any applicable fees). now = new Date(); Because Savings Account funds are withdrawn through the Card Account However, if you need a checking account and have no access to a traditional one, the Brinks can be helpful. We may also ask to see your driver's license or other identifying information. 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. To participate in the Savings For more than 160 years, Brink's has secured billions of dollars and other important assets. Take cash to any of the over 130,000 Reload Locations in the Netspend Reload Network to fund your Card.3. to fraud prevention restrictions at any time, with or without notice. Brink's Prepaid Mastercard does not require a credit check, so approval is guaranteed. Brink's US Email: csc-dfw@brinksinc.com Republic Bank & Trust Company and Mastercard are not affiliated in any way with this optional offer and do not endorse or sponsor this offer. 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. Our editorial team does not receive direct compensation from our advertisers. So you can avoid interest payments, bounced checks, or overdraft fees. See below for Official Rules & complete details. Does Refinancing Your Car Loan Hurt Your Credit Score? The Brinks Prepaid is only worth it in very specific situations, like if you cant open a traditional banking account. Features 10.0/10. 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. $5.95 per month. create up to a $10.00 negative balance on your Card Account. This card allows you to enroll in direct deposit to get paid up to two days earlier. +++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. $5.95 for processing and mailing of a return of funds check at Card Account closure. *Card issued by Republic Bank & Trust Company, Member FDIC. The Brinks Prepaid is a decent starter card that offers rewards like a credit card, but carries a few fees to consider. For purposes of FDIC coverage limit, all funds held on deposit by the Cardholder at Republic Bank & Trust Company will be aggregated financial product. Brink's Complete services are provided by Brink's Capital LLC, an indirect wholly owned subsidiary of The Brink's Company. The company you trust offers you the features and benefits you deserve to create a more convenient way to bank. Should You Use a HELOC to Pay Off Credit Card Debt? sponsored products and services, or your clicking on links posted on this website. Bankrate follows a strict The Brink's Prepaid Mastercard offers bank-level features without hefty fees. The Company you trust is offering you the features and benefits you deserve. Meet you wherever you are in your credit card journey to guide your information search and help you understand your options. Open to legal residents of the 50 U.S. or DC, and legal age of majority prior to time/date of entry. And your money is FDIC Insured by Republic Bank & Trust Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. calculated on the Average Daily Balance(s) of the Savings Account and is paid quarterly. deducted from check total prior to loading your Card Account. Enroll in Direct Deposit to have your paycheck or government benefits onto your Card Account. There is no minimum balance. For example, it provides free withdrawals at 30,000+ MoneyPass ATMs ($3.95 at others). Bankrate.com is an independent, advertising-supported publisher and comparison service. You do have the card in your possession, correct? The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company, Member FDIC, pursuant to a license by Mastercard International Incorporated. Restrictions include: no ATM withdrawals, international transactions, account-to-account transfers and additional loads. Reverse Mortgages: When Do They Make Sense? 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. April 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. Brink's gives you the peace of mind you deserve. You may opt-out at any time by visiting the Payback Rewards page in your Online Account Center. See full Official Rules for details. Besides its laundry list of fees, a few other key considerations deserve your attention before choosing the Brinks Prepaid. 2Faster 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. Terms apply to the offers listed on this page. 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%.