The minimum amount a cardholder can load is $10 or $20 depending on the location. However, a fee (specific to each location) is usually associated with this option. Netspend provides more than 130,000 nationwide locations where cardholders may add funds to their account. For example, if you only have $150 in the account, you can’t transfer more than that.Īdditionally, funds transferred from a PayPal account may not exceed $300 a day and $2,000 per rolling 30 days. Add money at a Netspend Reload Network location (subject to fees)Īny transfer made from a cardholder’s PayPal account is limited to the amount of money available in that account.Transfer from a linked PayPal Cash or PayPal Cash Plus account.Loading Funds Onto Your CardĬardholders can load funds onto the card in a number of ways: If you order the card online, the first $4.95 fee (the purchase fee) is waived, but the monthly fees still apply. This card comes with a $4.95 monthly plan fee. The PayPal Prepaid card does not pull funds directly from your PayPal account. Funds need to be loaded onto the prepaid card to utilize the card. PayPal Prepaid and Debit Card Differences PayPal Prepaid Cardįunds used for the PayPal Prepaid card account are held in an FDIC-insured account with The Bancorp Bank. There is no credit check for either card because they are not credit cards.Ĭardholders must link their cards to their PayPal Cash Plus account to use these cards and their benefits. Credit Cards: What’s the Difference and Which Is Best?īoth PayPal Mastercards are issued by The Bancorp Bank and can be used anywhere Debit Mastercard is accepted. Option for cash withdrawal at ATMs worldwide (including free withdrawals at 25k+ MoneyPass locations)īottom Line: PayPal cards are debit cards, NOT credit cards! We explain the differences in our article Debit Cards vs.Direct deposit at no extra cost (to fund your PayPal balance).Access funds directly from your PayPal balance when making a purchase.Click PayPal Prepaid Mastercard ® for additional features & program details, and to request a Card.Card may be used everywhere Debit Mastercard is accepted. Card issued by The Bancorp Bank, Member FDIC.With Direct Deposit, you can get paid faster than a paper check.Take advantage of PayPal Payback Rewards and earn on qualifying purchases from select merchants.
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