PayPal Prepaid MasterCard®
Simple. Secure. Smart. Prepaid
Use at retail stores, online, and everywhere Debit MasterCard is accepted.
All you need for all you do
Get your PayPal Prepaid MasterCard and link it with your PayPal account1 to do so much more. Shop and pay bills in stores, online, and even on your smartphone. Budget and plan for all the things you want and need.
It’s easy to add money to your card
There are a number of simple and convenient ways for you to load and reload funds to your PayPal Prepaid MasterCard. Use the no-cost direct deposit2 service and have access to your money up to 2 days faster3 than what traditional banks offer. Or simply transfer from your PayPal account to your card, and do so in real time. You can even add money to your card by stopping in at any of more than 130,000 NetSpend Reload Network locations' nationwide.
Account features that pay you back
Take advantage of special offers from select merchants and get cash back rewards on those purchases.4 Open an optional savings account through the BanCorp Bank; Member FDIC, and earn up to 5.00% APY for balances up to S5,000.5 Plus, with the Refer-a-Friend program6, for every friend you get to sign up, activate and load $10 on their card, you'll both earn $5.
Up To 5%APY Optional Savings Account
Manage your money from your smartphone
The new PayPal Prepaid mobile app gives you the power to manage your prepaid account while on the go. Check your account balance, review your most recent transactions, find the nearest reload location, or receive real-time activity alerts. You can do all this in a matter of seconds, all from your mobile phone.7
Download the PayPal Prepaid mobile app today.
It's More than Prepaid. It's PayPal.
Join the over 220 million users worldwide who prefer PayPal for all that they need to do.
USA PATRIOT Act — IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW CARD ACCOUNT: To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens a Card Account. What this means for you: When you open a Card Account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see a copy of your driver’s license or other identifying documents.
1 To have full access to features available through the PayPal Prepaid Card Account Center (EXAMPLES: view your Prepaid Card balance and transaction history or use the online bill pay service), YOU MUST ESTABLISH A PAYPAL ACCOUNT ("ACCOUNT"), OR LINK THIS PREPAID CARD TO YOUR EXISTING ACCOUNT. The PayPal Prepaid Card is not related to the PayPal Debit Card. For more details about the Card Account, visit www.PayPal.com/prepaid.
2 There is no fee for enrolling in or using the direct deposit service, but the cost of other reload services varies by method and/or location. Reload location may assess a check-cashing fee. Some bill payment services are subject to fees. For information about these costs. visit your online Account Center at www.PayPal.com/prepaid ("Account Center").
3 Faster access to funds is based on comparison of traditional banking policies and deposit of paper checks from employers and government agencies versus deposits made electronically. Direct Deposit and earlier availability of funds is subject to payer’s support of the feature and timing of payer’s funding.
4 By activating and using a PayPal Prepaid Card, your participation in the rewards program is automatically activated. However, you may opt-out of the program at any time by visiting the Rewards Summary Page in your Account Center. We send money-saving offers based on your shopping history. We do not share personal information about you with the merchants sponsoring the offers. For more details, see the program FAQs, terms, and conditions in your Account Center. This program is sponsored by NetSpend Corporation. The Bancorp Bank and PayPal are unaffiliated with this program and neither endorse nor sponsor it.
5 The optional Savings Account is made available to Cardholders through The Bancorp Bank; Member FDIC. To participate in the Savings Account program, Cardholder must consent to and continue receiving Communications from us in electronic form. If Cardholder is subject to Internal Revenue Service backup withholding at the time of the request to open a Savings Account, the request will be declined. Interest is calculated on the Average Daily Balance(s) of the Savings Account and is paid quarterly.
- If the Average Daily Balance is $5,000.00 or less, the interest rate paid on the entire balance will be 4.91% with an annual percentage yield (APY) of 5.00%.
- If the Average Daily Balance is more than $5,000.00, the interest rate paid on the portion of the Average Daily Balance which exceeds $5,000.00 will be 0.49%, and the interest paid on the portion of the Average Daily Balance which is $5,000.00 or less will be 4.91%. The annual percentage yield (APY) for this tier will range from 5.00% to 0.72%, depending on the balance in the Savings Account.
6 A Cardholder may receive an unlimited number of Refer-a-Friend rewards while program is available. No rewards credited to either party if referred individual had a PayPal Prepaid Card or any other NetSpend Prepaid Card that was used for a value load, purchase, cash withdrawal, or incurred a Balance Inquiry Fee at any time during the 180 calendar days before the day the $10 load requirement is fully met. Cardholder-to-Cardholder transfers do not count toward the minimum load requirement. Allow 2 business days for $5 credit to appear on each Card Account. Cardholder responsible for determining tax liability, if any, resulting from this promotion.
7 Message and data rates from your wireless provider may apply. The PayPal Prepaid MasterCard is issued by The Bancorp Bank pursuant to license from MasterCard International Incorporated. The Bancorp Bank; Member FDIC, The Card may be used everywhere Debit MasterCard is accepted. Certain products and services provided by and through NetSpend are licensed in whole or in part from Alexsam, Inc. and are covered by patents set forth at www.netspend.com/licensedpatentinfo
Residents of the State of Vermont are ineligible to open a Card Account.
MasterCard is a registered trademark of MasterCard International Incorporated.