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Netspend Small Business Prepaid Cards Review

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The Netspend Small Business Prepaid Mastercard allows users to manage and organize business expenses separately from personal expenses. Once the small business is verified, the prepaid card is used like a debit card. Users load their business funds onto the card and can manage transactions through an online account, such as accept customer payments, monitor employee spending, and more.

How is Netspend Small Business rated?

Breakdown

Overall Rating: 0 / 5 (N/A)

The Netspend Small Business Mastercard allows users a simple, convenient way to manage their business finances separately from personal finances. The card is a prepaid card on which users can easily load money. Netspend also provides an online account connected to the card, enabling users to manage the card's transactions online and via mobile app. The card provides the convenience of finance management without the worries of credit impact or overdraft fees, as with a debit and credit card. There are very few negative reviews online about the prepaid card specifically, and Netspend has resolved a significant amount of them. In terms of service, Netspend received average ratings from trusted online rating sites, including a B+ from the Better Business Bureau.

Netspend Small Business Card Characteristics

Card Characteristics - 0 / 5

Netspend Small Business Mastercard does not specify a minimum balance or daily direct deposit requirement. The maximum balance allowed on the prepaid card is $15,000 and, if the small business is verified, the balance is extended to a maximum of $25,000. All of the card's fees are listed visibly on Netspend's Cardholder Agreement page.

Card Balance

Maximum Balance
$%

Other

Smart Chip
No

Fees & Penalties

  • Balance Inquiry Fee
  • ATM Operator Fee
  • Foreign Transaction Fee
  • Maintenance Fee
  • Over the Counter Cash Withdrawal Fee

Fees Link


Netspend Small Business Additional Services

Additional Services - 0 / 5

As a prepaid card, the Netspend Small Business Mastercard requires no credit check. Users can create an online account that is connected to the card, enabling them to manage all of their business transactions on the card via desktop or mobile app. Employers can create subaccounts on the card for employees to use for making purchases, which employers can also monitor and manage on the online account.

Features

  • No Credit Check
  • Text Alerts
  • Online Account Management
  • Mobile App
  • Mobile Check Capture

Netspend Small Business Customer Experience

Customer Experience - 0 / 5

Netspend Corporation received average online ratings from both Better Business Bureau and Trustpilot. The company responded to a considerable amount of its complaints online, most regarding concerns with customer service and unauthorized charges, not the actual small business prepaid card itself.

Help & Support

  • Phone
  • Email
  • FAQs

Reviews and Complaints

BBB Rating
B+
Trustpilot Rating
4.2 out of 10
CFPB Total Complaints
149
Date Collected
2002-06-13

Company Profile

Full Name
Netspend Small Business Prepaid Cards
Company Website
Headquarters
PO Box 2136, Austin, TX, 78768


Top Rated
Our Partner
  • Earn PayPal cash back rewards from select merchants
  • Move money from your PayPal account in real time
  • No late fees because this is not a credit card