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  PayPal Prepaid Mastercard

PayPal Prepaid Mastercard

in Prepaid Cards from PayPal Inc

Claimed

PayPal Prepaid Mastercard

Claimed

in Prepaid Cards from PayPal Inc

SuperMoney Net Recommendation Score +73%

SUPERMONEY NET RECOMMENDATION SCORE

+73%

Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.

Strongly recommended

62 users recommend
9 users are unsure
6 users don't recommend
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Highlights
Community Rating Strongly recommended
Signature Purchase Transaction Fee $0
PIN Purchase Transaction Fee $0
Monthly Fee Up to $4.95
Card Reload Fee $0 - $3.95
Number of Reviews 77

PayPal Prepaid Mastercard Review

The PayPal Prepaid Mastercard is designed for consumers who want the convenience of paying with plastic but don’t want (or don’t qualify) for a regular credit card. Prepaid cards only allow you to spend money already in your account. So you can avoid interest payments, bounced checks, or overdraft fees.

PayPal Prepaid Mastercard does not require a credit check, so approval is guaranteed. However, it will not help you build credit and some online merchants don't accept prepaid cards.

PayPal Prepaid Mastercard Pros & Cons
The Good The Bad
  • Free in-network ATM withdrawal
  • There is no fee for loading your card
  • Receive cash back offers from specially selected merchants
  • Move money from your PayPal account in real time.
  • Option for an interest bearing savings account.
  • With Direct Deposit, you can get paid faster than a paper check.
  • Charges a monthly maintenance fee of up to $4.95.
  • Must have a PayPal account for access to online card services.
  • Unavoidable monthly fee.
  • No fee free ATM withdrawals.
PayPal Prepaid Mastercard FAQ

Who issues PayPal Prepaid Mastercard?

PayPal Prepaid Mastercard is issued by PayPal Inc, which is based in San Jose, CA and was founded in 1999.

What fees does PayPal Prepaid Mastercard charge?

PayPal Prepaid Mastercard charges a monthly fee of up to $4.95.

PayPal Prepaid Mastercard Prepaid Card Fees
Description
Close Account Fee $0
Card Replacement Fee $5.95
ATM Balance Inquiry $0.50
Free In-Network ATM Withdrawal? Yes
No Signature Purchase Transaction Fee? Yes
No PIN Purchase Transaction Fee? Yes
Signature Purchase Transaction Fee $0
PIN Purchase Transaction Fee $0
No Monthly Service Fee with Direct Deposit? Yes
Activation Fee $4.95
Card Reload Fee $0 - $3.95

How Much Does PayPal Prepaid Mastercard Cost?

PayPal Inc charges a $4.95 fee when you first activate the card.

Notice this card charges a monthly maintenance fee of up to $4.95.

However, you can avoid the monthly maintenance fee if you set up a direct deposit to your prepaid card.

There is a reload fee of up to $3.95 fee every time you reload the card.

Does PayPal Prepaid Mastercard charge an activation fee?

PayPal Prepaid Mastercard charges an activation fee of $4.95.

What is the daily ATM withdrawal for PayPal Prepaid Mastercard?

PayPal Prepaid Mastercard has a daily ATM withdrawal limit of $940.

What is daily direct deposit limit for PayPal Prepaid Mastercard?

PayPal Prepaid Mastercard sets a daily direct deposit limit of $10,000.

What is the Card Replacement Fee for PayPal Prepaid Mastercard?

You will need to pay $5.95, if you need a card replacement.

What is the Maximum Balance for PayPal Prepaid Mastercard?

The maximum balance you can have on PayPal Prepaid Mastercard is $2,500. If you are often close to the maximum balance, it may be time to put your money to work and deposit it in an account that yields interest, such as a savings account, a CD, or a money market account.

How to apply for PayPal Prepaid Mastercard

  • Visit the PayPal Inc website.
  • Fill in the application form. Some prepaid cards require you to provide some personal information, such as your full name, address, date of birth, email, and SSN.
  • Check the information is accurate and submit your application.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Message From PayPal Inc

Move money from your PayPal account in real-time.

Take advantage of PayPal cash back rewards and earn on qualifying purchases from select merchants. With Direct Deposit, you can get paid faster than a paper check.

Feature Breakdown

Free Customer Service  
Daily ATM Withdrawal Limit $940
Additional Card Fee Amount $0
ATM Fee: In-Network $1.95
ATM Fee: Out-of-Network $1.95
Monthly Fee Up to $4.95
Credit Score Range 300 - 850
Activation Fee $4.95
Free In-Network ATM Withdrawal  
No Monthly Service Fee with Direct Deposit  
No PIN Purchase Transaction Fee  
No Signature Purchase Transaction Fee  
Card Reload Fee $0 - $3.95
Signature Purchase Transaction Fee $0
PIN Purchase Transaction Fee $0

PayPal Prepaid Mastercard Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

+73%

Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.

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