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Call the toll-free number listed on the back of your card.There are two ways to close your account: How do I close my PayPal Prepaid Mastercard account?

If you wish to take advantage of the optional savings account that comes with your prepaid card, log into your PayPal account, navigate to the online Account Center and follow the on-screen steps to open the account. How do I open the PayPal Prepaid Mastercard Savings account? As with most prepaid cards, transactions that would bring your account balance below $0 are automatically declined.

Cash reload at a Netspend Reload Network locationĬan you overdraft with the PayPal Prepaid Mastercard?.

There are five ways to add funds to your PayPal Prepaid Mastercard: If you have questions, contact customer support at 86. Check this card’s fee table to understand fees you might encounter using it. Call 86 or visit /prepaid to activate your card. Now that you have your PayPal Prepaid Mastercard, make the most of it by: Compare with other prepaid cardsĬompare Clear I got my PayPal Prepaid Mastercard. The most common complaint is that the unavoidable $4.95 monthly fee eats into your balance. Most are about PayPal in general, but there is a handful for the PayPal Prepaid Mastercard. PayPal has a 1.2 out of 5-star rating on Trustpilot based on nearly 21,450 customer reviews as of April 2022. PayPal Prepaid Mastercard reviews and complaints Funds are FDIC insured through Bankcorp Bank and you can request a new card if yours is damaged, lost or stolen. Yes, the PayPal Prepaid Mastercard is safe. Or, compare your options to find another prepaid card with minimal fees. You can apply for it if you have a PayPal Business account or received at least $500 in your personal PayPal account in the last 12 months. If you want a prepaid card with zero to minimal fees, consider the PayPal Business Debit Mastercard that draws from your PayPal balance. You’ll need to load money to the card before using it. To use the card, you’ll pay a Plan Fee of $4.95 a month.

PayPal doesn’t have in-network ATMs, so you’ll pay $1.95 plus operator fees each time you need to withdraw cash. You’ll need to have an active PayPal account to use this card’s online features. The PayPal Prepaid Mastercard has a few potential drawbacks to watch out for: Plus, receive $5 each time you refer a friend and they add at least $10 in funds to their account. Opt into this optional program and earn 2% cash back at select merchants when you use your PayPal Prepaid Mastercard. As a PayPal Prepaid Mastercard holder, you get access to PayPal’s high yield savings account that earns 5% APY on balances of up to $1,000. Check your account balance, find reload locations and more from your smartphone. When you deposit your paycheck or government benefits directly to your card, you can access the funds up to two days faster than direct deposit to a bank account.

This prepaid card is free to open, has no inactivity fee and features unique perks, such as: If approved, you’re mailed the card within 10 business days. You’ll typically receive a decision on your application right away. You’ll need this information when you apply for the PayPal Prepaid Mastercard: But all other US citizens and residents who are at least 18 years old are eligible.

If you live in Vermont, you’re ineligible for the PayPal Prepaid Mastercard. Then click Get My Card to submit your application. Complete the application with information like your name, address and contact information.From the PayPal Prepaid Mastercard website, click Order Your Card.How do I open a PayPal Prepaid Mastercard account?Īpply for this card in minutes by following these steps:

View a full list of fees in the PayPal Prepaid Mastercard’s terms and conditions. Over-the-counter cash withdrawal fee (NetSpend Reload Network)ĪTM cash withdrawal fee (domestic and international)ĪTM transaction decline fee (domestic and international)

Over-the-counter cash withdrawal fee (financial institution) It also has these fees: Card purchase fee if ordered online The PayPal Prepaid Mastercard costs $4.95 a month, plus a one-time purchase fee of $4.95 if you buy the card in-store. How much does PayPal Prepaid Mastercard cost? All international money transfer services.

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