We get this questions a lot… should I get a Netspend card?
The answer isn’t as easy as one might expect as you need to take a variety of factors into consideration.
To apply please visit www.gonetspend.com and follow the on-screen instructions.
The first thing that should be noted is this is a prepaid card and NOT a credit card.
This means that your credit score will not improve when making purchases with the Netspend card.
This can be a good or bad thing depending on your financial situation.
- Nerdwallet: 2.5 out of 5
- WalletHub: 3.7 out of 5 based on more than 300 use reviews
- Consumer Affairs: 2.4 out of 5 based on almost 300 votes
Netspend Customer Service
- Phone: 1-86-NETSPEND (1-866-387-7363) Monday to Friday 8 AM – 10 PM Central Sat. & Sun. 8 AM – 8 PM Central
- Online: www.netspend.com/help/contact
- Mail: Netspend Corporation PO Box 2136 Austin, TX 78768-2136
- Fax or Email address could not be found (and we put our best people on it… which isn’t really saying much)
Fees Fees Fees and More Fees!
- $2.50 fee for ATM withdrawals. This is what Netspend charges; there may also be an ATM operator fee
- $2.50 fee for over-the-counter withdrawals at banks or credit unions. A fee for declined ATM transactions
- If your card gets rejected at an ATM, you pay $1
BOOM goes the dynamite… these fees are nasty and can pile up quick.
Other Options… Credit Cards
- Capital One Credit Card Offers: Pick from some of the best cards in the industry with Capital One
- Credit One Card: Ideal for consumers with less than perfect credit
If you have a good credit score and have the ability to pay down a credit card bill on time you should probably just get a cash rewards credit card.
If you have a bad credit rating and have been known in the past not to pay your bills in a timely manner the Netspend prepaid card might be an option to consider.