Netspend is a company with prepaid cards that offers an alternative to checking account debit cards, credit cards, and cash. Customers provide the company with their names and addresses, and the company mails them personalized cards that they activate and load with funds. The cards are operated by Mastercard and Visa.

Rêv Worldwide, Inc.Searchlight Capital Netspend Corporation/Parent organizations AUSTIN, May 1, 2023 - International payments company Rêv Worldwide (Rêv), in partnership with funds advised by Searchlight Capital Partners, L.P. (Searchlight), today completed its purchase of the Netspend consumer business from Global Payments (NYSE: GPN) in an all-cash transaction valued at $1 billion.

NetSpend's detractors point to several drawbacks, especially when compared to traditional checking accounts. For the most part, this comes down to the number of fees. To some, NetSpend takes too many small bites out of an account balance to be worth the convenience.

The card serves as an alternative to traditional banking while providing many of the same services you may find at a local or online bank. As a financial technology company, Netspend isn't a bank, but it partners with banks to provide banking services attached to its prepaid cards.

Using Netspend card overseas Netspend cards can be used worldwide and prepaid cards have always been a smarter choice if you are willing to travel abroad. Prepaid debit cards are safer as well. If your card is stolen, lost, or compromised, you can call customer service immediately and get it deactivated.

It's a bank account built with you mind. There's no credit check and no minimum balance required to open an account. * Best of all, you get access to online banking, paydays up to 2 days earlier[1] with Direct Deposit, optional high-yield Savings Account[2] and many more features.

It's a bank account built with you mind. There's no credit check and no minimum balance required to open an account. * Best of all, you get access to online banking, paydays up to 2 days earlier[1] with Direct Deposit, optional high-yield Savings Account[2] and many more features.

Netspend is a registered agent of The Bancorp Bank, Pathward, NA, and Republic Bank & Trust Company.

Netspend allows individuals to receive access to their direct deposit funds two days early, and your money is FDIC-insured via Netspend's relationship with three banks. The company does not charge overdraft fees and allows consumers to open a savings account that pays 5% on balances of less than $1,000.

Netspend is a financial technology company. Banking services are provided by our bank partners.

Is Netspend a Real Debit Card? It's a real debit card in the sense that it can be used just like a debit card. What many people traditionally think of as a debit card is tied to a bank account that must be funded for the debit card to be useful. Netspend cards also must be funded for use.

Netspend cards can be used internationally and are accepted at any location that accepts a debit Visa or Mastercard, depending on the card's brand. Netspend is a TSYS company and a registered agent of Axos bank. It serves over 10 million customers and offers more than 130,000 reload locations in America.