Does a Netspend card come with money on it

Do you want to use a Netspend card and wondering what it is and how to use it?

Do you want to know whether the Netspend card comes with money in it or not?

If that’s the case, you are on the right page. In this post, we have explained all you need to know about Netspend debit card.

So let’s get started.

What is a Netspend card

Most people think Netspend cards are a scam as Netspend sends cards to people in the mail even when they didn’t order or applied for it because this is their marketing strategy to get new customers. The user’s data is collected from third-party affiliate services, apps, or websites. 

Well, Netspend is a leading prepaid card provider in the USA with over 10 million users.

All transactions made using Netspend card as insured by FDIC (Federal Deposit Insurance Corporation) up to current coverage limit.

Netspend prepaid debit cards can be used anywhere Debit MasterCard and Visa debit cards are accepted. Netspend cards can be used to purchase items both in online and offline stores.

Moreover, you can also use it to withdraw money from ATMs worldwide.

To get a Netspend prepaid MasterCard and Visa cards, there are no credit checks, and no minimum balance is required.

Once you apply for a Netspend card by providing your details like name, address, etc., you will receive it in the mail within 10 days. Once you get it, you will have to activate it online or on the phone before using it.

Netspend card

Netspend is a prepaid debit card that is different from a credit card. In a prepaid card, you will have to load money first before you can use it. At the same time, a credit card offers a revolving line of credits that can be paid off over time.

Using a prepaid card means you are using your own money, unlike a credit card where you use it like you are borrowing money from someone, which you have to pay later with interest.

Another difference between a credit and a prepaid card is that several credit cards offer spending rewards such as cash backs, airline miles, and certain other offers. On the other hand, most prepaid cards, including the Netspend prepaid card, do not provide any such offers or benefits.


Does a Netspend card come with money on it

No, the Netspend card doesn’t come with money on it. It is just a prepaid debit card, and you will have to activate it and add funds to it before you can use it.

However, you can earn a $20 signup credit from Netspend when you sign up with a referral link after you deposit a minimum of $40 on it.

Also, you can refer a friend who activates their new Netspend Prepaid Card and loads at least $40; you both get a $20 credit.

For more details, scroll down to the make money with Netspend card section below.


How to add/load money to Netspend card

You can add money to your Netspend card using a wide range of options as listed below.

  • 1. Direct Deposit.

You can add money by direct depositing your paycheck or government benefits check to a Netspend Prepaid Debit Card.

  • 2. Netspend Reload Network Locations.

You can load your Netspend card at over 130,000 convenient locations in the U.S. Visit Reload Center locator helps you find the lowest-cost locations nearest to you.

  • 3. Bank Transfers.

If you have a US bank account or a bank debit card, you can easily use it to add money to your Netspend card account.

  • 4. PayPal.

If you use PayPal, you can easily add money from PayPal to your Netspend prepaid debit card.

  • 5. Transfer Money Between Netspend Card Accounts.

Yes, you can also transfer money from one Netspend card account to another.

  • 6. Tax Refunds.

Tell the IRS to electronically deposit your refund directly to your Netspend card account.


What bank is associated with Netspend

The Netspend Visa Prepaid Card is issued by The Bancorp Bank, MetaBank®, National Association, and Republic Bank & Trust Company, pursuant to a license from Visa U.S.A. Inc. The Netspend Prepaid Mastercard is issued by The Bancorp Bank, MetaBank, N.A., and Republic Bank & Trust Company pursuant to license by Mastercard International Incorporated.


How to Make money with Netspend card

Yes, you can earn money using the Netspend debit card referral program.

When you refer a friend who activates their new Netspend Prepaid Card and loads at least $40, you both get a $20 credit.

And, when your friends and family get their Netspend cards, you can send them money or receive money from them using instant cardholder transfers.

Because this is not a credit card, there are no interest charges or late fees. That means you can feel comfortable referring your friends.

Is there a limit on number of times you can refer a Netspend card to friends

No, there is no limit to the number of people you can refer a Netspend card and earn a commission when they sign up and deposit at least $40 with your referral link.

You can refer to as many friends or family members as you have.


Final words:

Netspend is not a scam as most people think due to their unusual marketing strategy of sending people debit cards in their mails, even when they didn’t apply.

Netspend is one of the leading prepaid debit card providers in the USA. To get a Netspend card, there are no credit checks, no activation fee, and no minimum balance is required.

And as it is a prepaid debit card, it doesn’t come with money loaded in it. You have to add money to it before you can use it.

So, that’s all for now. We hope you were able to know What is a Netspend card, how to use it, and make money from it after reading this post.


Further Reading:

How to transfer money from Netspend to Chime

Why did I receive a Netspend card in the mail  

Does Zelle work with Netspend? How to add it?