what is brinks prepaid mastercard

Prepaid cards only allow you to spend money already in your account. 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. Approved purchase transactions may and governmental customers. (Residents of the State of Vermont are ineligible to open a Card Account). Check the banks website for the most current information. 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. 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. Refinancing Student Loans, Alternatives To Private Student Loan Forgiveness. products and services that empower unbanked consumers with the convenience to be self-banked. The owner of this website may be compensated in exchange for featured placement of certain What Are Different Types of Credit Cards? 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. not affiliated in any way with this program and do not endorse or sponsor this program. You can also deposit your paycheck or a personal check using the mobile banking app, available for both Apple and Android phones. There is a reload fee of up to $3.95 fee every time you reload the card. Don't have a card? Use Direct Deposit Brink's understands that time and money are valuable to you. Up to $3.95 per load. The Savings Account is made available to Cardholders through Republic Bank & Trust Company; Member FDIC. 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%. Meanwhile, the Brinks Prepaid can (and will) charge you almost $6 a month after 90 days of inactivity, which further eats into your balance. 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.) Meet you wherever you are in your credit card journey to guide your information search and help you understand your options. 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 everyday life! 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. While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service. Void where prohibited. Put your picture on a Card for added security when paying a merchant in store. 6 Payback Rewards is an optional program. the Average Daily Balance which is $1,000.00 or less will be 4.91%. 5. The APYs were accurate as of 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. Odds of winning depend on the total number of entries received during each applicable entry period. The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired. create up to a $10.00 negative balance on your Card Account. See the Cardholder Agreement for details. Brink's is founded on a heritage of trust and a reputation as the most reliable name in the industry. Just a dollar-for-dollar match. Reduce industry jargon so you get the clearest form of information possible, so you can make the right decision for you. 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. The Brink's Money Paycard Mobile App gives you the power to manage your account on the move. Get the app that helps make sure your money keeps up with you! Approval review usually takes 3 to 5 minutes If custom card is lost, stolen, or damaged, any request for: (a) a replacement be restricted, but you may be able to use the Card for in-store purchase transactions. A PURCHASE OR PAYMENT WILL NOT INCREASE YOUR CHANCES OF WINNING. Should you accept an early retirement offer? Cardholder Agreement for details. You can also text to 469-513-8685. Order a Brink's Money Prepaid Mastercard and get the peace of mind you deserve. No late fees or interest charges because this is not a credit card. 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. Read More 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%. Bankrateexpert Garrett Yarbrough strives to make navigating credit cards and credit building smooth sailing for his readers. Interest bearing savings account can be connected. Would you recommend Brink's Prepaid Mastercard to your friends? Along with card spending, your most sizable reward opportunities are unlimited $20 referral bonuses if individuals you refer put at least $40 on their cards. $9.95 per lost, stolen, or damaged Card replaced. Cash back rewards are credited to your Card Account and are not available in the form And your money is FDIC Insured by Republic Bank & Trust Company, Member FDIC, upon card activation and identity verification. Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. So you can avoid interest payments, bounced checks, or overdraft fees. ; 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 . that identifies each person who opens a Card Account. When filing your taxes, put your Routing Number and Account Number in the designated fields (shown below) and indicate 'Checking' as the account type. If The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company, Member FDIC, pursuant to a license by Mastercard International Incorporated. 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. After qualifying, Monthly Plan As soon as you do, you are eligible for our Reduced Monthly Plan (just $5 per month compared to $9.95)5, Bankrate.com is an independent, advertising-supported comparison service. transfers between Netspend Cardholders; a $4.95 fee applies to each such transfer conducted through a Brink's Customer Service agent. No minimum balance necessary to open Savings Account or obtain the yield(s). Bankrate, LLC NMLS ID# 1427381 | NMLS Consumer Access However, if you need a checking account and have no access to a traditional one, the Brinks can be helpful. Netspend is a registered agent of Republic Bank & Trust Company. This product is Just $5 a month (compared to $9.95) for purchase 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. prepaid debit cards and related financial services to the estimated 60 million underbanked consumers in the United States What KInd Of Credit Do You Need For An Auto Loan? Other prepaid cards like the Amex Serve Cash Back prepaid card may rake in more rewards and provide lower cost networks. Filter & compare all your options in one place. Order Your Brink's Money Prepaid Card Here >. 1, 2020. Ends 1/31/22. iPad. Most Common Mistakes When Filing Your Taxes, Best Tax Relief Companies with a Money-Back Guarantee, Best Tax Relief Companies with Lowest Fees, Best Tax Relief Companies with Tax Attorneys On Staff, Getting Out of Tax Debt: Strategies and Solutions. Skip to content. Those who can Direct Deposit at least $500. Cardholder is responsible Domestic ATMs only charge a $2.50 withdrawal fee. 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. Transaction fees, terms, and conditions apply to the use and reloading of the Card Account. Netspend Corporation.All rights reserved worldwide. But with Brink's Complete, they can improve savings & reduce the hours it takes to handle cash. We maintain a firewall between our advertisers and our editorial team. 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. 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. No fee to receive Login. It's secure, fast, and free. Get a free consultation from a leading tax expert, in may affect your credit. We value your trust. Adding money to your Brink's Money Prepaid Mastercard is convenient. $4.95 per transfer via Customer Service Agent. 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. It's well-known and trusted by consumers and retailers alike, has an enormous network, and this prepaid credit card has pretty low fees compared to others in the industry. 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. 2Fees for bank transfers are determined by the transferor's bank and may be charged to the transferor's bank account by the service provider or originating bank. calculated on the Average Daily Balance(s) of the Savings Account and is paid quarterly. Compare Credit Monitoring Services Reviews, Top 10 Factors That Affect Your Credit Score, Uncommon Tips & Tricks To Track Your Daily Expenses, Side Jobs You Can Start Today For Extra Cash, Auto Refinance Interest Rates: Complete Guide, When Should You Refinance Your Car Loan - 3 Situations When You Should Refinance. With Brink's Direct Deposit, you can get paid faster than a paper check. When you open a Self account, a loan is placed into a certificate of deposit, which you must pay back. When your highest-paid employees spend time handling cash, your business loses time and money. Plus, the app is optimized for . 8 The $10 Purchase Cushion is not an extension of credit; it is a courtesy exercised at our discretion. Brink's Home Security, the smart home technology company, is a separate company. If you plan to save your tax refund, this is the card for you. 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. institution. Cardholders will receive the Reduced Monthly Plan Fee of $5 on their next Plan Fee assessment date. 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. Your wireless carrier may charge a fee for message and data usage. Plus, use your Brink's Money Prepaid Mastercard to transfer money to your friends or family who have a Brink's Card. the Average Daily Balance which is $1,000.00 or less will be 4.91%. Cardholder Agreement for details. No minimum balance necessary to open Savings Account or obtain the yield(s). For example, it provides free withdrawals at 30,000+ MoneyPass ATMs ($3.95 at others). 9 Custom Card Fee applies. If cardholder receives $500 in payroll or government benefit direct deposits in 1 calendar month, cardholder will qualify for the Reduced Monthly Plan. Use of the Card Account is subject to activation, ID verification, and funds availability. Charged in addition to any applicable Purchase Transaction Fee or OTC Withdrawal Fee. , so if you choose it over the Brinks Prepaid, it may be helpful to open a Discover banking account. All products, logos, and company names are trademarks or registered trademarks of their respective holders. Take our 3 minute quiz and match with an advisor today. At Bankrate we strive to help you make smarter financial decisions. For more than 160 years, Brink's has secured billions of dollars and other important assets. Is Refinancing Your Student Loan Worth It? The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company, Member FDIC, pursuant to a license by Mastercard International Incorporated. 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. Use your Brink's Money Prepaid Mastercard to shop online, in stores, on the phone basically anywhere Debit Mastercard is accepted! More from our insights library: The True Costs of Manual Cash Management Manual cash management costs businesses time and money. The Brink's Money Prepaid Mastercard gives you the convenience of having a bank debit card. The APYs were accurate as of to see your driver's license or other identifying information. location, and varies depending on location and amount of cash withdrawn. For one, setting up direct deposits with the Brinks card means funds are available up to 2 days earlier than with a bank. 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. Can You Build Credit With a Prepaid Credit Card? These additional offers are similar to card-linked reward programs, like Amex Offers or Chase Offers. Brink's, Incorporated operates in the State of Texas under DPS License C00550 Rebekah Hovey is an editor with nearly a decade of experience creating and shaping content in finance-related and health care fields. This is a third-party fee and is subject to change. Fee If you have a professional tax preparer, give them these With the Reduced Monthly Plan you get: All fee amounts will be withdrawn from your Card Account, except where prohibited by law. Getting a Business Loan When You Have Bad Credit. Here's how it works: Order a Card To order a Card, provide your name, mailing address and email address. 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%. Are you an existing customer? Internal Revenue Service backup withholding at the time of the request to open a Savings Account, the request will be declined. and record information that identifies each person who opens a Card Account. 5 No charge for this service, but your wireless carrier may charge for messages or data. Get a free consultation from a leading credit card debt expert. 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. Territories, including Guam and Puerto Rico, and where prohibited by law. 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. The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company, Member FDIC, pursuant to a license by Mastercard International Incorporated. theYear = now.getYear(); Card activation and identity verification required before you can use the Card Account. Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover. Notice this card charges a monthly maintenance fee of up to $9.95. affiliation, or sponsorship, of or by SuperMoney or them of us. service provider and read the information they can provide. Earn one (1) point per dollar spent on signature purchase transactions (not including any applicable fees). prevention restrictions at any time, with or without notice. You can use your Brink's Money Prepaid Mastercard to pay for just about anything. Can you run a netspend card as credit? Set the dial to 0. 2. Card may be used everywhere Debit Mastercard is accepted. The Brink's Money Prepaid Mastercard gives you the convenience of having a bank debit card. The offers that appear on this site are from companies from which Bankrate.com receives compensation. Unlike credit cards, however, they don't work on credit. Residents of Vermont are ineligible to open a Card Account. 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). 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. Ingo month instead of paying a fee for every purchase transaction under the Pay-As-You-Go Plan. What bank is Brinks all access? Standard text message or data rates may apply. Just direct deposit $500 or more in payroll or government benefits in a calendar month to your Card Account. Compare Home Equity Lines of Credit Reviews. deducted from check total prior to loading your Card Account. Once your Card arrives in the mail, activate your Card, and verify your identity1 with your name, address, date of birth and government ID number. transfer conducted through a Netspend Customer Service agent. 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 Rights Reserved. Activate/Register Log In Anytime Alerts TM Enroll in Anytime Alerts to keep track of your balance, deposits, and payments via text or email. The maximum allowable savings account balance is $5,000. 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. Please contact them directly through their website (https://brinkshome.com) or their toll-free number (800-447-9239). Fill in the application form. - 8 PM. Any issuers discussed on our site are vetted based on the value they provide to consumers at each of these levels. For purposes of FDIC coverage limit, all funds held on deposit by the Cardholder at Republic Bank & Trust Company will be aggregated Card Account and Savings Account funds are FDIC-insured upon verification of Cardholders Brink's Business Expense. So you can avoid interest payments, bounced checks, or overdraft fees. 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. [2] Payback Rewards SM After qualifying, Monthly Plan Cardholders will receive the Reduced Monthly Plan Fee of $5 on their next Plan Fee assessment date. You may opt-out at any time by visiting the Payback Rewards page in your Online Account Center. 9. Its not a long-term option, but is a great short-term solution. The APYs were accurate as of var now = new Date(); var balanceDate = now.getMonth() + "/01/" + now.getFullYear(); document.write(balanceDate);. Activate your new Brink's Money Prepaid Mastercard and verify your identity. Neither Plan Fee option includes any other fees. Consistently provide up-to-date, reliable market information so you're well-equipped to make confident decisions. without notice pursuant to applicable law. This is a third-party fee and is subject to change. Open to legal residents of the 50 U.S. or DC, and legal age of majority prior to time/date of entry. If Cardholder is subject to 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. information from the IRS, visit https://www.irs.gov/refunds. $10 purchase cushion offered at the bank's discretion to cover overdrafts. To participate in the Savings Account program, Cardholder must consent to and continue receiving communications from us Any opinions, analyses, reviews or recommendations expressed here are those of the authors alone, 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. Release Summary. Interest is calculated on the Average Daily Balance(s) of the With Brink's Direct Deposit, you can get paid faster* than a paper check. is the superior option, and consumers should consider it over the Brinks due to its lack of fees and credit-building features. Use of Card Account also subject to fraud However, credit score alone does not guarantee or imply approval for any These are promotional rates and may change without notice pursuant to applicable law. 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. 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. Fee is assessed to transferor's account when the transfer is Netspend, a Global Payments company, is a registered agent of Republic Bank & Trust Company. Brink's Prepaid Mastercard charges a monthly fee of up to $9.95. Home Equity Loan vs. Line of Credit: Which Should You Choose? Account funds are withdrawn through the Card Account (maximum 6 such transfers per calendar month), Card Account transaction fees could Besides its laundry list of fees, a few other key considerations deserve your attention before choosing the Brinks Prepaid. (Residents of the State of Vermont are ineligible to open a Card Account). editorial policy, so you can trust that our content is honest and accurate. 3 Fee may be assessed by reload location and may vary from location to location. without notice pursuant to applicable law. Fee is determined and assessed by operator of Netspend Reload Network location, and varies depending on location. Netspend is a registered agent of Republic Bank & Trust Company. Managing your money wherever, whenever. Standard text message or data rates may apply. Youll earn 1 Payback Point per dollar on signature purchase transactions (just select credit on the keypad at checkout), minus your purchase fees. While we adhere to strict 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). The Brinks Prepaid Mastercard can be helpful in a financial pinch for people who are unbanked or who cant open a traditional checking account. The Brinks Prepaid is only worth it in very specific situations, like if you cant open a traditional banking account. Find out how. Nouri Zarrugh is a writer and editor for CreditCards.com and Bankrate, focusing on product news, guides and reviews. Netspend, a Global Payments company, is a registered agent of Republic Bank & Trust Company. With Brink's Direct Deposit, you can get paid faster* than a paper check. 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. of a check or other direct payment method. A Red Ventures company. Fee All other trademarks and service marks belong to their owners. You are always on the go. 4. Does Brinks charge a monthly fee? Reverse Mortgages: When Do They Make Sense? 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. Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision. 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 Void in U.S. Greater of 5.0% of total check amount or $5.00 per check load. LET'S TALK. The information, including card rates and fees, is accurate as of the publish date. document.write(theYear); Account program, Cardholder must consent to and continue receiving communications from us in electronic form. Securing cash and valuables since 1859. It's at +100 if everybody recommends the provider, and at -100 when no one recommends. 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.

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what is brinks prepaid mastercard