Does A Netspend Card Come With Money On It? Checked Reality!

Many doubts related to NetSpend, a prepaid card service, have been asked. In ‘Does a NetSpend Card Come With Money On It?’ is the one we’ll tackle today. Not at all! The netSpend card doesn’t come with money loaded onto it. However, one has to add money to it physically then only a NetSpend card can be used.

Both credit and prepaid debit cards have similarities, as well as differences.

A prepaid debit card can be considered a credit card. In both cases, one spends money; however, the major difference lies in its functioning. With a credit card, one keeps spending till the decided limit and pay later. While in prepaid cards, the cardholder first loads money into prepaid cards, then spends.

Moving forward to answer some more related queries.

How do I add money to my Netspend card account?

Now that it’s clear that loading a prepaid netspend card is necessary to use, it’s time to see how it’s done.

To load netspend card, the options are many. Each one of them is described below in sufficient detail embedded.

Option 1: Direct Deposit:

One of the convenient options to add money to your NetSpend card or account is through direct deposit. Some of the government’s benefits are received directly through netspend card. Also, the process doesn’t embed any fee for this.

Below we have defined what benefits one receives from a government with NetSpend card.

  • Social Security payments
  • Defense Finance and Accounting Service Payments (DFAS)
  • State unemployment benefits (varies by state)
  • Supplemental Security Income (SSI)
  • Pension and other regular payments
  • Railroad Retirement Benefits (RRB)
  • Social Security Disability Insurance (SSDI)
  • Veterans Administration Compensation and Pension

Option 2: Loading NetSpend through bank transfer:

Another remarkable option to fill your Netspend prepaid card is to perform a transfer of money through other bank accounts. Either you do it from your end or ask somebody to do it. But, to choose this option there should always be compatibility of bank accounts with NetSpend.

Option 3: Select Netspend Reload Network Locations: 

Overall, almost 130,000 locations are available to be used for NetSpend card purposes within the USA. To find a genuine location nearest to you, that too with low charges, taking help from reload centre locator from NetSpend’s site is recommended.

Option 4: Make use of PayPal, a mobile bank:

Users can make use of the PayPal application for the purpose of loading Netspend prepaid cards. The process is convenient and there is absolutely no hurdle while using PayPal, as it is one of the most used mobile bank services in the USA. Also, it supports loading prepaid cards securely. To do so, gather information from the official site of NetSpend.

Option 5: Inter-transfer between NetSpend accounts:

Another option is: sending and receiving between two netspend accounts. Loading a NetSpend account or card can become easier when you have another NetSpend, making it absolutely easy to transfer within the shortest time and effort.

Option 6: Through Tax Refunds: 

Your tax receiving can be directly deposited onto your NetSpend card account, making it an autonomous process to load your prepaid card.

How much can you load on a netspend card at one time?

Every transaction is bounded to a certain limit. And so does NetSpend. Thus, those who think of loading their netspend prepaid card are allowed to load up to $15,000 for which they can load a maximum of $7,500 per day.

Charges of netspend card load:

The exact charge of the NetSpend card load is not stationary. It changes as per the locations, and other factors depending upon the source you have chosen. But, a general range of fees for loading netspend card is from 0-$3.95.

Note: The charges figure described here can be changed through the effect of time, sources, and also a method of loading the NetSpend card.

Where can I put money on my netspend card?

To put money on your Netspend card, there are many options available. For instance, card loading locations (around 1,30,000), using direct deposit getting funds loaded through government funds, beneficiaries, and through bank transfer or Netspend account transfer.

In a nutshell, both online as well offline options are available to redeem netspend cards.

Spending Limit with NetSpend Card –

There is no exact figure for spending or withdrawing from NetSpend Card. However, it varies depending on the type of transaction you are thinking to do.

For instance:

The purchase limit for a day using a Netspend card is $4,999.99.

Withdrawing money using an on-counter facility will let you take $4,999.99 for a day.

Withdrawal using ATM: $325/withdrawing. It is $940.00 per day.

Final Words!

Does a NetSpend Card Come With Money On It? No, it doesn’t come with money loaded, but requires adding money either by physical or online mode. NetSpend is a popular prepaid Mastercard and visa debit card. The use of prepaid cards is increasing due to their easy-to-maintain features. Unlike credit cards, it requires filling up cash for future usage.

Read More:- Netspend Routing Number

About the Author

Elina Themen

Elina Themen is a personal finance writer with over 20 years’ experience writing about investments, money management and financial planning. Her work has appeared on numerous news and finance websites including topbankingrates and more.

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