Brink’s Money Card Review – A Look at The Prepaid MasterCard

Brink’s Money Card Review – A Look at The Prepaid MasterCard
Taylor Gordon
on April 3, 2018
Read in 2 min

If you’re looking for a prepaid card, the Brink’s Prepaid MasterCard may fit the bill.

A prepaid card is different than a regular debit card, and it’s not a credit card either.

A prepaid card is a card you upload cash to that’s not tied to a bank account.

A prepaid card may be worth considering for people who have adverse banking or credit card history because it’s less challenging to qualify for than either of those two accounts.

Need Cash? Get a Personal Loan Today

$5,000
I want to borrow
$1,000
$35,000

Brink’s Prepaid MasterCard Features

You can order a Brink’s Prepaid MasterCard online without a credit check.

You could get a card within seven business days.

If you get the card, you will need to activate it by calling customer service, or you can activate online.

There are a few ways you could add money to your prepaid card:

  • Direct deposit
  • Transfer money from another Brink’s cardholder
  • Reload your card at one of the NetSpend Reload Network locations

You could also deposit your tax refund into the account if you e-file.

The Brink’s Prepaid MasterCard comes with access to savings account rewards as well. 

The Costs

The main concern that you should have with any prepaid card is the fees.

A prepaid card isn’t free.

It often comes with either transaction fees or monthly fees.

The Brink’s Prepaid MasterCard has three purchasing plans available.

The first Pay-As-You-Go plan is what you’re automatically signed up for when you get the card.

Here are the details:

Pay-As-You-Go Plan

  • Plan Fee – No monthly fee
  • Purchase transaction fee – $1.00 per transaction
  • PIN transaction fee – $2.00 per transaction
  • Foreign transaction surcharge – 3.5% of the U.S. dollar amount of the purchase transaction

Monthly Fee Plan

  • Plan Fee – $9.95 per month
  • Purchase transaction fee – Included in the plan
  • PIN transaction fee – Included in the plan
  • Foreign transaction surcharge – 3.5% of the U.S. dollar amount of the purchase transaction

Preferred Fee Plan (Requires a monthly direct deposit of at least $500)

  • Plan Fee – $5.00 per month
  • Purchase transaction fee – Included in the plan
  • PIN transaction fee – Included in the plan
  • Foreign transaction surcharge – 3.5% of the U.S. dollar amount of the purchase transaction

There are also several fees for over-the-counter withdrawals and ATM withdrawals.

You pay $2.50 per withdrawal domestically and $4.95 per withdrawal internationally.

There are no fees for depositing money into your account.

However, you will encounter a $4.95 transfer fee if you move money from one account to another with the help of a customer service agent.

Final Word

The Brink’s Prepaid MasterCard vs. a checking account debit card is fairly heavy on fees.

Many other prepaid cards also have some pretty hefty fees. You can check out the entire fee schedule here.

If you have bad banking history and can’t qualify for a regular checking account, “second chance” checking accounts might be a more affordable alternative.

These accounts are offered by banks and credit unions and can be less expensive than a prepaid card.

If you’re interested in the Brink’s Prepaid MasterCard, apply for it here.

If a personal loan sounds more your style, you can get started with our online form to potentially connect with a lender fast:

Need Cash? Get a Personal Loan Today

$5,000
I want to borrow
$1,000
$35,000
Taylor Gordon Finance Journalist

Taylor K. Gordon is a personal finance writer and founder of Tay Talks Money, a frugal lifestyle blog on entrepreneurship and hacking your way to an abundant savings account.

Taylor has contributed to The Huffington Post, GoGirl Finance, Madame Noire, The Write Life, and more.

    Lendio
      Headway Capital

      Important Disclosures. Please Read Carefully.

      Persons facing serious financial difficulties should consider other alternatives or should seek out professional financial advice. This website is not an offer to lend. Lendgenius.com is not a lender or lending partner and does not make loan or credit decisions. Lendgenius.com connects interested persons with a lender or lending partner from its network of approved lenders and lending partners. Lendgenius.com does not control and is not responsible for the actions or inactions of any lender or lending partner, is not an agent, representative or broker of any lender or lending partner, and does not endorse any lender or lending partner. Lendgenius.com receives compensation from its lenders and lending partners, often based on a ping-tree model similar to Google AdWords where the highest available bidder is connected to the consumer. Regardless, Lendgenius.com’s service is always free to you. This service is not available in all states. If you request to connect with a lender or lending partner in a particular state where such loans are prohibited, or in a location where Lendgenius.com does not have an available lender or lending partner, you will not be connected to a lender or lending partner. You are urged to read and understand the terms of any loan offered by any lender or lending partner, and to reject any particular loan offer that you cannot afford to repay or that includes terms that are not acceptable to you. By submitting your information via this website, you are authorizing Lendgenius.com and/or lenders and lending partners in its network or other intermediaries to do a credit check, which may include verifying your social security number, driver license number or other identification, and a review of your creditworthiness. Credit checks are usually performed by one of the major credit bureaus such as Experian, Equifax and Trans Union, but also may include alternative credit bureaus such as Teletrack, DP Bureau or others. You also authorize Lendgenius.com to share your information and credit history with its network of approved lenders and lending partners. For qualified consumers, our lenders offer loans with an Annual Percentage Rate (APR) of 35.99% and below. For qualified consumers, the maximum APR (including the interest rates plus fees and other costs) is 35.99%. All loans are subject to the lender’s approval based on its own unique underwriting criteria. Example: Loan Amount: $4,300.00, Annual Percentage Rate: 35.99%. Number of Monthly Payments: 30. Monthly Payment Amount: $219.36. Total Amount Payable: $6,581.78 Loans include a minimum repayment plan of 12 months and a maximum repayment plan of 30 months. In some cases, you may be given the option of obtaining a loan from a tribal lender. Tribal lenders are subject to tribal and certain federal laws while being immune from state law including usury caps. If you are connected to a tribal lender, please understand that the tribal lender’s rates and fees may be higher than state-licensed lenders. Additionally, tribal lenders may require you to agree to resolve any disputes in a tribal jurisdiction. You are urged to read and understand the terms of any loan offered by any lender, whether tribal or state-licensed, and to reject any particular loan offer that you cannot afford to repay or that includes terms that are not acceptable to you.

      Lender’s or Lending Partner’s Disclosure of Terms.

      The lenders and lending partners you are connected to will provide documents that contain all fees and rate information pertaining to the loan being offered, including any potential fees for late-payments and the rules under which you may be allowed (if permitted by applicable law) to refinance, renew or rollover your loan. Loan fees and interest rates are determined solely by the lender or lending partner based on the lender’s or lending partner’s internal policies, underwriting criteria and applicable law. Lendgenius.com has no knowledge of or control over the loan terms offered by a lender and lending partner. You are urged to read and understand the terms of any loan offered by any lenders and lending partners and to reject any particular loan offer that you cannot afford to repay or that includes terms that are not acceptable to you.

      Late Payments Hurt Your Credit Score

      Please be aware that missing a payment or making a late payment can negatively impact your credit score. To protect yourself and your credit history, make sure you only accept loan terms that you can afford to repay. If you cannot make a payment on time, you should contact your lenders and lending partners immediately and discuss how to handle late payments.