6.8.2 Safe to install
Versatile but Limited: PayPal Prepaid by NetSpend
PayPal Prepaid by NetSpend offers a convenient way to manage your finances, but lacks some key features found in other prepaid solutions.
The PayPal Prepaid Mobile App allows users to manage their account from anywhere, making it convenient and accessible. With this app, you can perform various tasks, including:
- Instantly transferring funds from your PayPal Account to your PayPal Prepaid Mastercard Account
- Checking your account balance and transaction history
- Finding no cost reload locations
- Conveniently loading checks to your account by simply taking a picture*
Please note that PayPal Transfers require a PayPal Balance account and a personalized card, which will be delivered within 10 business days after activating your instant issue card. If you don't have a PayPal Balance account yet, you can create one on www.paypal.com or during the online card activation process. Certain features require an account with PayPal, but having the PayPal Prepaid Card is not mandatory. Transfer limits are set at $300 per day or $2,000 per rolling 30 days, and the transfers must be made in the name of a valid PayPal Prepaid Mastercard Cardholder. It's important to note that PayPal Transfers cannot be reversed or canceled.
The Bancorp Bank, N.A. and Mastercard are not associated with or endorse the PayPal.com online account to which various funding sources, including a PayPal Prepaid Card, can be linked.
*Mobile Check Load is a service offered by First Century Bank, N.A. and Ingo Money, Inc., subject to their respective Terms and Conditions and Privacy Policy. The approval process typically takes 3 to 5 minutes but may take up to one hour. All checks are subject to approval by Ingo Money for funding. Fees apply for approved Money in Minutes transactions funded to your card. Unapproved checks will not be funded. Ingo Money reserves the right to recover losses resulting from illegal or fraudulent use of the service. Your wireless carrier may charge fees for message and data usage. Additional transaction fees, costs, terms, and conditions may apply to the funding and use of your card. For more details, refer to your Cardholder Agreement. Please note that Mobile Check Load service is not available in New York.
The Netspend Network, provided by Netspend Corporation and its authorized agents, is a licensed provider of money transfer services (NMLS ID: 932678). Netspend, along with other third parties, may impose fees, limits, and restrictions related to the use of the Netspend Network. Further information about Netspend's licenses can be found on www.netspend.com/licenses.
The PayPal Prepaid Mastercard is issued by The Bancorp Bank, N.A., Member FDIC, under a license from Mastercard International Incorporated. It can be used wherever Debit Mastercard is accepted.
Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.
Overview
PayPal Prepaid is a Freeware software in the category Business developed by NetSpend.
The latest version of PayPal Prepaid is 6.8.2, released on 01/03/2025. It was initially added to our database on 10/22/2023.
PayPal Prepaid runs on the following operating systems: Android/iOS.
PayPal Prepaid has not been rated by our users yet.
Pros
- Convenient way to access funds from a PayPal account
- No credit check required for activation
- Direct deposit available for paychecks or government benefits
- Mobile app for easy account management
- Accepted wherever Debit Mastercard is accepted
Cons
- Monthly fee and other fees may apply
- Foreign transaction fees for international use
- Not ideal for large purchases due to daily spending limits
- Cash reload fees at participating locations
FAQ
What is PayPal Prepaid by NetSpend?
PayPal Prepaid by NetSpend is a prepaid card that allows you to access your money without the need for a traditional bank account.
How does PayPal Prepaid by NetSpend work?
You can load funds onto the card either through direct deposit, transferring money from your PayPal account, or through other methods, and then use the card for purchases, online shopping, bill payments, and more.
Are there any fees associated with PayPal Prepaid by NetSpend?
Yes, there are various fees associated with the card such as monthly maintenance fees, ATM withdrawal fees, and reload fees. It's important to review the fee schedule before using the card.
Can I use PayPal Prepaid by NetSpend internationally?
Yes, you can use the card internationally wherever Visa or Mastercard is accepted. However, foreign transaction fees may apply.
Is there a mobile app for PayPal Prepaid by NetSpend?
Yes, there is a mobile app that allows you to manage your card account, check your balance, view transactions, and more on-the-go.
What are the benefits of using PayPal Prepaid by NetSpend?
Some benefits include no credit check required, the ability to shop online or in-store where debit Mastercard or Visa is accepted, and the convenience of managing your account through the mobile app.
Boris Weber
I am an editor at UpdateStar. I started as a support engineer, and am now specialized in writing about general software topics from a usability and performance angle among others. I telecommute from UpdateStar’s Berlin office, when I am not working remote as a digital nomad for UpdateStar. When I'm not analyzing the latest software updates, you can find me exploring new cities, immersing myself in local cultures, and discovering innovative tech trends across the globe.
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