What the Critics Are Saying...
- John S Kiernan, WalletHubThe PayPal Card isn’t suitable as a replacement checking account, for the purpose of giving a child an allowance or as an alternative check-cashing tool. Ultimately, the only type of person for whom this card will really work is someone interested in using a prepaid card solely for online shopping.
- Lydia Kibet, GOBankingRatesThe PayPal Prepaid Mastercard offers a convenient way to spend money both in person and on the go. It has cash back reward opportunities, and you can access your funds up to two days early if you deposit your paycheck directly to a PayPal prepaid card. However, the card has a $4.95 monthly fee that...
- Kevin Joey Chen, FinderPayPal Prepaid Mastercard doesn’t have an ATM network, so you’ll pay $1.95 for each withdrawal. Plus, there’s an unavoidable $4.95 monthly fee. That said, most prepaid cards cost at least $5 a month and some cost as much as $10 a month. If you want to avoid a monthly fee altogether, a debit card may...
- BestCardsThe PayPal Prepaid Mastercard is a prepaid debit card that offers significant value to those who love the PayPal ecosystem and those looking to boost their savings through a connected high-yield savings account. For those who enjoy PayPal but want a card that helps them earn rewards or links to thei...
- Spencer Tierney, NerdWalletThe PayPal Prepaid Mastercard, issued by Bancorp Bank, has one special feature: transfers from a PayPal account to the card for fast access to funds. But you won’t find much else that’s special. The card has comparable costs and standard services to other prepaid options, but fees can add up.
Details
| Overview | |
|---|---|
| Card Price |
$0.00 Up to $4.95 for initial card purchase at a retail location. Fee is determined and assessed by operator of retail location and varies depending on location. This is a third-party fee and is subject to change. |
| Activation Fee | $0.00 |
| Card Maintenance Fee | $4.95 per month |
| Minimum Load Amount |
$10.00 May depend on the individual reload location |
| Maximum Load Amount | $7,500.00 |
| Max Balance | $15,000.00 |
| Transaction Fees | |
| Add Money | |
|
Direct Deposit
|
$0.00 |
|
Cash Loads
|
$3.95 Fee is determined and assessed by operator of Netspend Reload Network location and varies depending on location. |
|
Card to card transfer
|
$0.00 |
| Spend Money | |
|
Purchase Fee
|
$0.00 |
|
Bill Payment
|
$0.00 |
|
Foreign Transaction Fee
|
4% |
| Get Cash | |
|
ATM withdrawal fee (Domestic) - In Network
|
$2.50 |
|
ATM withdrawal fee (Domestic) - Out of Network
|
$2.50 You may also be charged a fee by the ATM operator. |
|
ATM withdrawal fee (International)
|
$0.00 Foreign Transaction Fee applies |
|
Over-the-counter cash withdrawal (Domestic)
|
$3.00
|
|
Over-the-counter cash withdrawal (International)
|
Unknown |
| Other | |
|
Balance Inquiry (at ATM)
|
$0.50 You may also be charged a fee by the ATM operator |
|
Inactivity
|
$0.00 |
|
Card replacement
|
$5.95 |
|
Card Replacement and Express Delivery Fee
|
$20.00
|
|
Monthly Paper Statements
|
$0.00 |
|
Custom Card Fee OR Customization
|
$3.95 |
| Promotions | |
| Sign up bonus | - |
| Rewards |
|
| Features & Benefits | |
| Additional Card Holders | Yes |
| Funds Don't Expire | Yes |
| Supported Currencies | USD |
| Zero Liability | Yes |
| Fraud Protection | Yes |
| Custom Design | Yes |
| Wireless Payments | Apple Pay, Google Pay |
| Virtual Cards | No |
| Eligibility | |
| Minimum Age | 18 |
| Temporary Residents | Yes |
| More | |
| Additional comments | - |
| Terms & Conditions | Official Terms & Conditions |
| Suggest a correction |
Disclaimer: All products, logos, images and trademarks are the property of their respective owners. Content is not provided or commissioned by any company mentioned. Any views, analyses, or recommendations expressed here are those of the author's alone, and may not have been reviewed, approved or otherwise endorsed by any company mentioned.
Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.
Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.
The Informr is an independent, advertising supported website and may receive compensation for sponsorships or when you click on certain affiliated links.
Use this card?
Help inform others by sharing your experience with PayPal Prepaid MasterCard®