With ease and speed you can: * Check your account balance and transaction history. This is a third-party fee and is subject to change. Netspend is a registered agent of Republic Bank & Trust Company. 9 Custom Card Fee applies. Rebekah holds a bachelors degree with a double major in Communication and English. Brink's (NYSE: BCO) is based in Richmond Virginia, and is a global leader in security-related services for banks, financial institutions, mines, retailers, diamond and jewelry industries, pharmaceuticals, and a variety of other commercial This is a third-party fee and is subject to change. 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. Your funds on deposit are FDIC insured up to $250,000 through your issuing bank, subject to aggregation of all funds held on deposit. Bankrate, LLC NMLS ID# 1427381 | NMLS Consumer Access The interest rates and APYs of each tier may change. Sign Up Now. in electronic form. to fraud prevention restrictions at any time, with or without notice. 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. Personal Loan Vs. Line Of Credit: Which Is Better? But with Brink's Complete, they can improve savings & reduce the hours it takes to handle cash. 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. Answer: I would suggest looking at the back of your card. Neither Plan Fee option includes any other fees. If Cardholder is subject to When you activate your Brink's Money Prepaid Mastercard and verify your identity, you get more than a Card. 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. *Card issued by Republic Bank & Trust Company, Member FDIC. 4% of the U.S. Dollar amount of the purchase transaction. Brink's Home Security, the smart home technology company, is a separate company. Login. Take our 3 minute quiz and match with an advisor today. What bank is Brinks all access? Getting a Business Loan When You Have Bad Credit. Brink's Prepaid Mastercard does not require a credit check, so approval is guaranteed. to fraud prevention restrictions at any time, with or without notice. Copyright 2023 SuperMoney, LLC. How to Find a Money Transfer Service Near Me? deducted from check total prior to loading your Card Account. CONSUMER DISCLOSURE: NO PURCHASE OR PAYMENT OF ANY KIND IS NECESSARY TO ENTER OR WIN. The Savings Account is made available to Cardholders through Republic Bank & Trust Company; Member FDIC. No minimum balance necessary to open Savings Account or obtain the yield(s). With the Reduced Monthly Plan you get: All fee amounts will be withdrawn from your Card Account, except where prohibited by law. You can use your Brink's Money Prepaid Mastercard to pay for just about anything. 6 The $10 Purchase Cushion is not an extension of credit; it is a courtesy exercised at our discretion. 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 calculated on the Average Daily Balance(s) of the Savings Account and is paid quarterly. cardholder receives $500 in payroll or government benefit direct deposits in 1 calendar month, cardholder will qualify for the Reduced Monthly To participate in the Savings If your identity is partially verified, full use of the Card Account will be restricted, Restrictions include: no ATM withdrawals, international transactions, account-to-account transfers and additional loads. Which certificate of deposit account is best? Reward offers are based on individual shopping habits. As such, your money may go a bit farther with a debit or credit card. 7 The Savings Account is made available to Cardholders through Republic Bank & Trust Company; Member FDIC. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. 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 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. 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 1. If your identity is partially verified, full use of the Card Account will 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. 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%. 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. document.write(theYear); 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. No late fees or interest charges because this is not a credit card. Prepaid cards only allow you to spend money already in your account. With Brink's Direct Deposit, you can get paid faster than a paper check. Certain products and services may be licensed under U.S. Patent Nos. $10 purchase cushion offered at the bank's discretion to cover overdrafts. Bankrate.com is an independent, advertising-supported publisher and comparison service. The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company, Member FDIC, pursuant to a license by Mastercard International Incorporated. Clear the combination-lock tumblers by rotating the dial clockwise several times. See the Cardholder Agreement for details. Bankrate follows a strict editorial policy, so you can trust that were putting your interests first. Discover will automatically match all the cash back you've earned at the end of your first year! (CT) brinksmoneypayroll@brinksinc.com Brink's Paycard 1-855-627-4657 Monday - Friday: 6 AM. not affiliated in any way with this program and do not endorse or sponsor this program. Buying a Mobile Home: What You Need to Know, Compare Motorcycle and ATV Insurance Reviews, Compare Personal Watercraft Insurance Reviews, Considering Renters Insurance? Up to the Greater of 2.75% of the withdrawal amount or $4.00 per withdrawal. So, whether youre reading an article or a review, you can trust that youre getting credible and dependable information. Our mission is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure that happens. Here's an explanation for how we make money 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 editorial policy, so you can trust that our content is honest and accurate. 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. Should You Hire a Debt Settlement Company or Do It Yourself? Securing cash and valuables since 1859. 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. However, if you need a checking account and have no access to a traditional one, the Brinks can be helpful. And look at all the freebies you get: Free direct deposit. standard Replacement Card Fee. Consistently provide up-to-date, reliable market information so you're well-equipped to make confident decisions. Your funds on deposit are FDIC insured up to $250,000 through your issuing bank, subject to aggregation of all funds held on deposit. 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. 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. If Cardholder is subject to 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. Securing cash and valuables since 1859. For purposes of FDIC coverage limit, all funds held on deposit by the Cardholder at Republic Bank & Trust Company will be aggregated Greater of 5.0% of total check amount or $5.00 per check load. The APYs were accurate as of var now = new Date(); var balanceDate = now.getMonth() + "/01/" + now.getFullYear(); document.write(balanceDate);. 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. However all credit card information is presented without warranty. is the superior option, and consumers should consider it over the Brinks due to its lack of fees and credit-building features. The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company, Member FDIC, pursuant to a license by Mastercard International Incorporated. identity. The Brink's Prepaid Mastercard offers bank-level features without hefty fees. . These are variable rates and may change Our goal is to give you the best advice to help you make smart personal finance decisions. [2] Payback Rewards SM BR Tech Services, Inc. NMLS ID #1743443 | NMLS Consumer Access. We value your trust. 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. 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. Cardholder Agreement for details. Visit one of the over 130,000 Netspend Reload locations3, transfer2 money from a qualifying 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. money on your Card via Western Union Money Transfer. Approval review usually takes 3 to 5 minutes If cardholder receives $500 in payroll or government benefit direct deposits in 1 calendar month, cardholder will qualify for the Reduced Monthly Plan. (including, for example, the order in which they appear). Card may be used everywhere Debit Mastercard is accepted. Use your Brink's Money Prepaid Mastercard to shop online, in stores, on the phone basically anywhere Debit Mastercard is accepted! These are promotional rates and may change transfer conducted through a Netspend Customer Service agent. 7 The Savings Account is made available to Cardholders through Republic Bank & Trust Company; Member FDIC. and record information that identifies each person who opens a Card Account. Unless youre dedicated to a prepaid card, alternative options like one of the best checking accounts might be cheaper. Snapshot. You are always on the go. NOTE: Fees assessed to your Card Account balance may bring your Card Account balance negative. Brink's understands that time and money are valuable to you. Brink's Prepaid Mastercard 1-877-849-3249 Monday - Friday: 8 AM. Brink's Money Prepaid Account - Brink's Prepaid Mastercard plus you get: Use your Card in everyday places and you could earn cash back offers back to your Card Account. See the Adding money to your Brink's Money Prepaid Mastercard is convenient. $3.00 per transfer. family Compare Home Equity Lines of Credit Reviews. And your money is FDIC Insured by Republic Bank & Trust Company, Member FDIC, upon card activation and identity verification. Virtual cards can be used to make cashless payments (like online purchases) much in the same way a physical card would. For one, setting up direct deposits with the Brinks card means funds are available up to 2 days earlier than with a bank. 8 Faster funding claim is based on a comparison of our policy of making funds available upon receipt of payment instruction versus the typical but can take up to one hour. SuperMoney strives to provide a wide array of offers for our users, but our offers do not It's a 16-digit number and CVV code that are tied to an account. App Store is a service mark of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC. document.write(theYear); Brink's Prepaid Mastercard. 6,000,608 and 6,189,787. transfers between Netspend Cardholders; a $4.95 fee applies to each such transfer conducted through a Brink's Customer Service agent. Fee to send money is determined and assessed by Western Union. Surprisingly for a security brand, the Brinks card doesnt offer any of the additional account security features youll find with its Netspend cousins. person and may be one indicator to the credit type you are eligible for. Activate/Register Log In Anytime Alerts TM Enroll in Anytime Alerts to keep track of your balance, deposits, and payments via text or email. Fraud prevention restrictions may delay availability of funds with or without notice. 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. Get a free consultation from a leading credit card debt expert. 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. After qualifying, Monthly Plan Cardholders will receive the Reduced Monthly Plan Fee of $5 on their next Plan Fee assessment date. Bankrate.com does not include the entire universe of available financial or credit offers. Card Account and Savings Account funds are FDIC-insured upon verification of Cardholders Securing cash and valuables since 1859. Card activation and identity verification required before you can use the Card Account. that identifies each person who opens a Card Account. by SuperMoney users with a score of -47, equating to 2.1 on a 5 point rating scale. Card may be used everywhere Debit Mastercard is accepted. Order a Brink's Money Prepaid Mastercard and get the peace of mind you deserve. Certain products and services may be licensed under U.S. Patent Nos. custom card requires resubmission of image and payment of Custom Card Fee; or (b) a replacement standard card requires payment of If custom card is lost, stolen, or damaged, any request for: (a) a replacement 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. Interest bearing savings account can be connected. Use of Card Account also subject Brink's is founded on a heritage of trust and a reputation as the most reliable name in the industry. Residents of Vermont are ineligible to open a Card Account. Republic Bank & Trust Company and Mastercard are not affiliated in any way with this optional offer and do not endorse or sponsor this offer. Fraud prevention 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%. With Brink's Direct Deposit, you can get paid faster than a paper check. 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. You could win up to $5,000 in the Brink's Show Me The Money Truck Sweepstakes. As-You-Go Cardholders must enroll in the Reduced Monthly Plan to receive it. The maximum balance you can have on Brink's Prepaid Mastercard is $15,000. We may also ask to see your driver's license or other identifying information. The Brinks Prepaid Mastercard goes above and beyond our expectations for a prepaid debit card. Sponsored by: Netspend Corporation, 5900 Airport Boulevard, Austin TX, 78752. PayPal's prepaid MasterCard charges $4.95 per month for unlimited purchases. 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. The APYs were accurate as of but you may be able to use the Card for in-store purchase transactions. I mention reloading because it would be IMHO, the only reaso. Company, Member FDIC, upon card activation and identity verification.1. Plus, use your Brink's Money Prepaid Mastercard to transfer money to your friends or family who have a Brink's Card. Should you accept an early retirement offer? See your Cardholder Agreement for details. Start to spend more time on the things that matter like family, friends and everyday life. Brink's, Incorporated operates in the State of Texas under DPS License C00550 Your funds on deposit are FDIC insured up to $250,000 through your issuing bank, subject to aggregation of all funds held on deposit. create up to a $10.00 negative balance on your Card Account. Reverse Mortgages: When Do They Make Sense? They will tell you how to reload the card. However, it will not help you build credit and some online merchants don't accept prepaid cards. (Residents of the State of Vermont are ineligible to open a Card Account). 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. $3.00 per withdrawal. Restrictions include: no ATM withdrawals, international transactions, account-to-account transfers and additional loads. be associated with the funding and use of your card. The Brinks Prepaid is only worth it in very specific situations, like if you cant open a traditional banking 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. This is a third-party fee and is subject to change. Where the Discover it Secured Credit Card really outshines compared to the Brinks Prepaid is its reduced fees. Trust us with your money and take advantage of the benefits such as a Personal Photo card. Brink's Money Prepaid Mastercard Activate your Brink's Money Paycard, verify your identity, [1] and learn more about its features here. Republic Bank & Trust Company, Member FDIC. Brink's Complete services are provided by Brink's Capital LLC, an indirect wholly owned subsidiary of The Brink's Company. Should You Use a HELOC to Pay Off Credit Card Debt? Any opinions, analyses, reviews or recommendations expressed in this article are those of the authors alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. How To Get a Personal Loan With Fair Credit, How to Use a Personal Loan to Build Credit. You have money questions. There is a reload fee of up to $3.95 fee every time you reload the card. 5 The Pay-As-You-Go Plan is the default Plan Fee on the Card Account. This compensation may impact how and where products appear on this site We may also ask to see your driver's license or other identifying information. The content created by our editorial staff is objective, factual, and not influenced by our advertisers. 9. Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover. Ongoing rewards program boosts its long-term value, 130,000+ locations in the Netspend reload network, Pay-as-you-go plan offers flexibility with individual purchase fees instead of monthly fees, Shares valuable Netspend benefits, like a $10 courtesy cushion, Long list of fees make pay-as-you-go expensive, Nearly identical to the Netspend Visa Prepaid Card, Doesnt build credit and no additional security measures with Brinks. This is a third-party fee and is subject to change. There is no minimum balance. 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. 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. Mobile Check Load is a service provided by First Century Bank, N.A. 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 Our team is full of a diverse range of experts from credit card pros to data analysts and, most importantly, people who shop for credit cards just like you. Bankrates editorial team writes on behalf of YOU the reader. 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. If 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. Netspend Corporation.All rights reserved worldwide. ; No late fees or interest charges because this is not a credit card. 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%. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Bankrate follows a strict The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired. redemption parameters. And your money is FDIC Insured by Republic Bank & Trust Netspend, a Global Payments company, is a registered agent of Republic Bank & Trust Company. However, its rewards program is confusing, and, like most prepaid cards, it poses a few fee-harvesting traps. 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. $9.95 per lost, stolen, or damaged Card replaced. Does Refinancing Your Car Loan Hurt Your Credit Score? See if you qualify for student loan refinancing and compare real time offers. This is a third-party fee and is subject to change. No Minimum Balance, No Late Fees - because this is not a credit card Netspend is a registered agent of Republic Bank & Trust Company. Some prepaid cards require you to provide some personal information, such as your full name, address, date of birth, email, and SSN. Pay- No cost for online or mobile Account-to-Account 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. Here's how it works: Order a Card To order a Card, provide your name, mailing address and email address. Transfer of funds via ACH from your bank account at another financial institution to your Card Account. 8. Certain products and services may be licensed under U.S. Patent Nos. These are promotional rates and may change without notice pursuant to applicable law. 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. Reduce industry jargon so you get the clearest form of information possible, so you can make the right decision for you. The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company, Member FDIC, pursuant to a license by Mastercard International Incorporated. Cardholder may enroll in the Monthly Plan to pay a flat fee of $9.95 per 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. Find out how. 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. Any opinions, analyses, reviews or recommendations expressed here are those of the authors alone, Because Savings These additional offers are similar to card-linked reward programs, like Amex Offers or Chase Offers. 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. Transfer of funds via ACH from your Card Account to your bank account at another financial You'll receive a Card in the mail within 7-10 business days. A PURCHASE OR PAYMENT WILL NOT INCREASE YOUR CHANCES OF WINNING. Early availability of funds requires payor's support of direct deposit and is subject to the timing of payor's payment instruction. Fee varies Per transfer. ; 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 . For a complete list of fees, please refer to the fee schedule in the Cardholder numbers. 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. However, if you choose a product and continue your application at a be restricted, but you may be able to use the Card for in-store purchase transactions. financial product. Your money is in your Brink's Money Account and ready to be used by 8 a. CT on your payday. Residents of Vermont are ineligible to open a Card Account. Approved purchase transactions may +++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. Login. Greater of 2.0% of total check amount or $5.00 per check load. For people without credit, theDiscover it Secured Credit Cardis the superior option, and consumers should consider it over the Brinks due to its lack of fees and credit-building features. document.write(theYear); Savings vs. Money Market? Domestic ATMs only charge a $2.50 withdrawal fee. The Brink's Money Prepaid Mastercard is issued by Republic Bank & Trust Company, Member FDIC, pursuant to a license by Mastercard International Incorporated. 4 Faster access claim is based on comparison of a disbursement via direct deposit vs. disbursement via a mailed paper check. 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. Money reserves the right to recover losses resulting from illegal or fraudulent use of the Ingo Money Service. There's no interest or late fees because it's not a credit card. Please contact them directly through their website (https://brinkshome.com) or their toll-free number (800-447-9239). 8. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout lifes financial journey. Login. There's no minimum spending or maximum rewards. 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 The Brinks Prepaid MasterCard comes with additional features. Use of Card Account also subject 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. 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. You may also be charged a fee by the ATM operator. You can use your Brink's Money Prepaid Mastercard to pay for just about anything. There is no minimum balance. Instead, you might want to focus on earning a higher credit score with your card if you have less-than-perfect credit. Plan. Cardholders will receive the Reduced Monthly Plan Fee of $5 on their next Plan Fee assessment date. 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.