who do not have a traditional bank account or who rely on alternative financial services. When you open a Self account, a loan is placed into a certificate of deposit, which you must pay back. Each purchase will cost $1.50, but the $9.95 monthly plan may save you money depending on how often youll use your card. Pay-As-You-Go Cardholders must enroll in the Reduced Monthly Plan to receive it. 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. Netspend is a registered agent of Republic Bank & Trust Company. Approval review usually takes 3 to 5 minutes Brink's Prepaid Mastercard charges a monthly fee of up to $9.95. Fees 8.0/10. 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). 6,000,608 and 6,189,787. Earn unlimited 1% cash back on all other purchases automatically. Snapshot. The Brink's Money Prepaid Mastercard gives you the convenience of having a bank debit card. Login. CONSUMER DISCLOSURE: NO PURCHASE OR PAYMENT OF ANY KIND IS NECESSARY TO ENTER OR WIN. Fee to fraud prevention restrictions at any time, with or without notice. Neither Plan Fee option includes any other fees. Void in U.S. Fee is determined and assessed by operator of Netspend Reload Network location, and varies depending on location. 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. 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. Their use does not signify or suggest the endorsement, No late fees or interest charges because this is not a credit card. Transfer of funds via ACH from your Card Account to your bank account at another financial Brink's Money Paycard - Cardholders. for your tax refundand for all your payroll and benefit checks too. The Brink's Prepaid Mastercard offers bank-level features without hefty fees. 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. No minimum balance necessary to open Savings Account or obtain the yield(s). All other trademarks and service marks belong to their owners. Securing cash and valuables since 1859. Residents of Vermont are ineligible to open a Card Account. Fee varies Per transfer. If you need an account to start building a financial foundation, then the Self is a better option since it reports to the three credit bureaus and may improve your credit mix. Because Savings For purposes of FDIC coverage limit, all funds held on deposit by the Cardholder at Republic Bank & Trust Company will be aggregated 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. Certain restrictions apply; see the program terms and conditions for full details, including point earning and In fact, its missing Netspends virtual card number benefit for safer online shopping. We maintain a firewall between our advertisers and our editorial team. $10 purchase cushion offered at the bank's discretion to cover overdrafts. If 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. What is Brink's Prepaid | Brink's Money Prepaid Mastercard Recommendation score measures the loyalty between a provider and a consumer. Our goal is to give you the best advice to help you make smart personal finance decisions. 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. [2] Payback Rewards SM Bankrate has answers. Best Prepaid Credit Cards & Debit Cards of 2023 - CreditCards.com The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company pursuant to a license by Mastercard International Incorporated. What are index funds and how do they work? Managing your money wherever, whenever. Order a Brink's Money Prepaid Mastercard and get the peace of mind you deserve. Use of the Card Account is subject to activation, ID verification, and funds availability. 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. The Brinks Prepaid Mastercard goes above and beyond our expectations for a prepaid debit card. $1.00 per declined transaction. Plan. 7 The Savings Account is made available to Cardholders through Republic Bank & Trust Company; Member FDIC. 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. Is Refinancing Your Student Loan Worth It? Fraud prevention restrictions may delay availability of funds with or without notice. Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. There are no fees for purchases, and the first late fee is even waived (up to $41 after that). bank account, or get paid up to 2 days faster8 with no-cost Direct Deposit. Cardholders will receive the Reduced Monthly Plan Fee of $5 on their next Plan Fee assessment date. 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. * Find surcharge free ATMs. See the Cardholder Agreement for details. if (theYear < 1900) theYear = theYear + 1900; You can add money to your Brink's Card from an existing bank account or from another Brink's Card. 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. Bankrate.com is an independent, advertising-supported comparison service. Some prepaid cards require you to provide some personal information, such as your full name, address, date of birth, email, and SSN. WHAT THIS MEANS FOR YOU: When you open a Card Account, we will ask for your name, address, date of birth, and your government ID number. (Residents of the State of Vermont are ineligible to open a Card Account). Brink's gives you the peace of mind you deserve. Internal Revenue Service backup withholding at the time of the request to open a Savings Account, the request will be declined. There's no interest or late fees because it's not a credit card. You can use your Brink's Money Prepaid Mastercard to pay for just about anything. Youll earn 1 Payback Point per dollar on signature purchase transactions (just select credit on the keypad at checkout), minus your purchase fees. It's secure, fast, and free. 2023 Brinks Reviews: Prepaid Cards - consumersadvocate.org Bankrate follows a strict editorial policy, so you can trust that were putting your interests first. is the superior option, and consumers should consider it over the Brinks due to its lack of fees and credit-building features. Filter & compare all your options in one place. The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company pursuant to a license by Mastercard International Incorporated. Rebekah Hovey is an editor with nearly a decade of experience creating and shaping content in finance-related and health care fields. When you activate your Brink's Money Prepaid Mastercard and verify your identity, you get more than a Card. How to Get a Reverse Mortgage: 3 Steps to Getting an HECM. See your Cardholder Agreement for details. Netspend is a registered agent of Republic Bank & Trust Company. If custom card is lost, stolen, or damaged, any request for: (a) a replacement Unlike credit cards, however, they don't work on credit. Mobile Check Load is a service provided by First Century Bank, N.A. 2023 Reviews: Brinks Prepaid Mastercard Review (See Ratings) This editorial content is not provided by any financial institution. products and services that empower unbanked consumers with the convenience to be self-banked. While we adhere to strict calculated on the Average Daily Balance(s) of the Savings Account and is paid quarterly. Fees apply for approved Money in Minutes transactions funded to your card. How much money can you put on a Brinks card? - Daily Justnow Prepaid MasterCards are used like regular credit cards. Use the Brink's Money Prepaid Mobile App to manage your Card Account on the go and enroll to get text message . The Company you trust is offering you the features and benefits you deserve. for repayment of any negative balance. Intro Offer: Unlimited Cashback Match - only from Discover. Trust us with your money and take advantage of the benefits such as a Personal Photo card. No minimum balance necessary to open Savings Account or obtain the yield(s). Fee All rights reserved. Just direct deposit $500 or more in payroll or government benefits in a calendar month to your Card Account. Should You Use a HELOC to Pay Off Credit Card Debt? See the The owner of this website may be compensated in exchange for featured placement of certain Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Domestic ATMs only charge a $2.50 withdrawal fee. Netspend is the federally registered U.S. service mark of Netspend Corporation. For more than 150 years, Brink's has secured billions of dollars and other important assets. Meet you wherever you are in your credit card journey to guide your information search and help you understand your options. There is no minimum balance. The Brinks Prepaid MasterCard comes with additional features. Cash back rewards are credited to your Card Account and are not available in the form For example, it provides free withdrawals at 30,000+ MoneyPass ATMs ($3.95 at others). Can You Build Credit With a Prepaid Credit Card? Cardholder Agreement for details. These are variable rates and may change Another feature is the $10 Purchase Cushion: Brinks will create a $10 negative balance on the account to cover any overdrafts. 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. 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. 8 Best Prepaid Cards For Tax Refunds (2023) - CardRates.com Instead, you might want to focus on earning a higher credit score with your card if you have less-than-perfect credit. (877) 788-9067, or click the link below and activate it online. 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.) Brink's Complete services are provided by Brink's Capital LLC, an indirect wholly owned subsidiary of The Brink's Company. not affiliated in any way with this program and do not endorse or sponsor this program. $5.95 for processing and mailing of a return of funds check at Card Account closure. See the Cardholder Agreement for details. App Store is a service mark of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC. 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. No Minimum Balance, No Late Fees - because this is not a credit card month instead of paying a fee for every purchase transaction under the Pay-As-You-Go Plan. Republic Bank & Trust Company, Member FDIC. Brink's understands that time and money are valuable to you. Picture must meet Image Guidelines. Login - Brink's Money Transaction fees, terms, and conditions apply to the use and reloading of the Card Account. Approved purchase transactions may Refinancing Student Loans, Alternatives To Private Student Loan Forgiveness. Card activation and identity verification required before you can use the Card Account. Because Savings Standard text message or data rates may apply. You have not yet won. If you have a professional tax preparer, give them these Set the dial to 0. Just $5 a month (compared to $9.95) for purchase Transaction fees, terms, and conditions apply to the use and reloading of the Card Account. Brink's Money Prepaid Mastercard Transfer of funds via ACH from your bank account at another financial institution to your Card Account. 6,000,608 and 6,189,787. It's at +100 if everybody recommends the provider, and at -100 when no one recommends. At Bankrate, we have a mission to demystify the credit cards industry regardless or where you are in your journey and make it one you can navigate with confidence. the Average Daily Balance which is $1,000.00 or less will be 4.91%. reduce the interest earned on the Savings Account. 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. 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. With Brink's Direct Deposit, you can get paid faster* than a paper check. 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. Home Equity Loan vs. Line of Credit: Which Should You Choose? You'll receive a Card in the mail within 7-10 business days. A fee may also be assessed by a financial institution that is not a Mastercard member financial institution. Home equity line of credit (HELOC) calculator. This compensation may impact how and where products appear on this site Use Direct Deposit Use of Card Account also subject to fraud Brink's Money Prepaid - Apps on Google Play Restrictions include: no ATM withdrawals, international transactions, account-to-account transfers and additional loads. 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. I've never heard of that type of card in the US, nor am I familiar with the California Bank that may clear Brinks US debit card transaction. Is Brinks better than ADT? What Bank Is Brinks All Access? - Mastery Wiki What is a Brink's money card The Brink's Money Prepaid Mastercard is an award-winning debit card with many rewarding features. 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%. Virtual cards can be used to make cashless payments (like online purchases) much in the same way a physical card would. Take our 3 minute quiz and match with an advisor today. And your money is FDIC Insured by Republic Bank & Trust Company, Member FDIC, upon card activation and identity verification. Cardholder is responsible for repayment of any negative balance. 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. The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company, Member FDIC, pursuant to a license by Mastercard International Incorporated. The Company you trust is offering you the features and benefits you deserve. Our editorial team does not receive direct compensation from our advertisers. 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. 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. Card activation and identity verification required before you can use the Card Account. money on your Card via Western Union Money Transfer. Rebekah holds a bachelors degree with a double major in Communication and English. The Brink's Prepaid Mastercard provides cardholders with an easy way to pay and manage money prior to opening a credit card or secured card account. No Fee. Netspend Corporation.All rights reserved worldwide. Void where prohibited. in electronic form. No cost for online or mobile Account-to-Account transfers between Netspend Cardholders; a $4.95 fee applies to each such financial product. Brink's Money Prepaid Account - Brink's Prepaid Mastercard 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. Our mission is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure that happens. Read More Fraud prevention restrictions may 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. $3.00 per withdrawal. The Brinks Prepaid MasterCard is for those who might not be able to get a bank account, but want some of the benefits and features of a bank account. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. Because Savings Account funds are withdrawn through the Card Account We follow strict guidelines to ensure that our editorial content is not influenced by advertisers. The Brink's Money Prepaid Mastercard combines the security of Brink's with the flexibility and power of Netspend. The Brink's Money Prepaid Mastercard gives you the convenience of having a bank debit card. Compare Home Equity Lines of Credit Reviews. For a complete list of fees, please refer to the fee schedule in the Cardholder 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. How much should you contribute to your 401(k)? Starts 2/1/21. Brinks Money Features Benef - The Brink's Money Prepaid MasterCard is 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. (maximum 6 such transfers per calendar month), Card Account transaction fees could reduce the interest earned on the Savings Account. Terms apply to the offers listed on this page. Reverse Mortgages: When Do They Make Sense? 1, 2020. 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. create up to a $10.00 negative balance on your Card Account. Why you can trust this review How much does Brinks Prepaid Mastercard cost? 6,000,608 and 6,189,787. After qualifying, Monthly Plan 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. Put your picture on a Card for added security when paying a merchant in store. information from the IRS, visit https://www.irs.gov/refunds. 7. SuperMoney.com is an independent, advertising-supported service. 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. document.write(theYear); Use your Brink's Money Prepaid Mastercard to shop online, in stores, on the phone basically anywhere Debit Mastercard is accepted! Card Account and Savings Account funds are FDIC-insured upon verification of Cardholders Brink's Prepaid Mastercard Review - AllCards.com No fee to receive prevention restrictions at any time, with or without notice. redemption parameters. The card comes with a mobile app . An account inactivity fee is charged if if the card is not used for 90 days. Besides its laundry list of fees, a few other key considerations deserve your attention before choosing the Brinks Prepaid. NO PURCHASE NECESSARY. be restricted, but you may be able to use the Card for in-store purchase transactions. 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 Your wireless carrier may charge a fee for message and data usage. Bankrates editorial team writes on behalf of YOU the reader. You'll receive a Card in the mail within 7-10 business days. $9.95 per lost, stolen, or damaged Card replaced. Answer: I would suggest looking at the back of your card. Brink's US - Contact Us 9. 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. 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 Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Account funds are withdrawn through the Card Account (maximum 6 such transfers per calendar month), Card Account transaction fees could Use of Card Account also subject 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. Brink's Money Paycard - Apps on Google Play Company, Member FDIC, upon card activation and identity verification.1. - Midnight (CT) Saturday - Sunday: 8 AM. By signing up1 for a Brink's Money Prepaid Mastercard, you'll be able to control and manage your day-to-day money in a convenient way. Contact - Brink's US Bankrate.com is an independent, advertising-supported publisher and comparison service. Brink's, Incorporated operates in the State of Texas under DPS License C00550 now = new Date(); Certain products and services may be licensed under U.S. Patent Nos. With Brink's Direct Deposit, you can get paid faster than a paper check. Your funds on deposit are FDIC insured up to $250,000 through your issuing bank, subject to aggregation of all funds held on deposit. . family 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.