Paypal alt and get a prepaid refillable credit card in the process!!!

[HeroOfPellinor]

Originally posted by: Zoblefu
I both send and receive with paypal, and it's free both ways, so long as you have your bank account registered with paypal. And it's instant if you have a credit card also registered with paypal.

Then you don't send or receive much each month.

 

[DrPizza]

Originally posted by: moochadime

Originally posted by: ECartman
how bout some facts: this is NOT a "true Mastercard"

saying it is a true Mastercard implies that this is a credit card.....by definition you use the card and they extend credit to you and you pay off at the end of the term (or month).

This card is the functional equivalent of a debit card. It is a PREPAID card. You must have the money in the card account ahead of time -- That is not a Credit card -- certainly not a "true Mastercard" in any sense different than a common Mastercard or VISA branded debit card.

Notably, Netspend itself does not call this a "credit card".

OP, you should change your title.

BTW if you looked at my title it does say "refillable credit card." It was always there.

If you're prepaying, it's not a credit card. You're not buying on credit. However, if they allow you to prepay $100 and charge $200 someplace, then I suppose you can consider it a credit card. It doesn't sound like that's the case.

There are hundreds of other paypal alternatives out there - hundreds of companies who are willing to charge you $20 to have a card and $69 to spend your own money without paying fees to the company. Those companies are raking in the cash for doing nothing but supplying a small piece of plastic and having a computer maintain some accounts. Plus, they're making money from 90% or more money in the accounts (I don't know the specific percent that these types of companies are allowed to use. I believe banks are required to keep 10% of deposits on hand or something like that.)

 

[Zoblefu]

Originally posted by: HeroOfPellinor

Originally posted by: Zoblefu
I both send and receive with paypal, and it's free both ways, so long as you have your bank account registered with paypal. And it's instant if you have a credit card also registered with paypal.

Then you don't send or receive much each month.

I dont run a business using paypal, if that's what you mean... but I've had a few months where I've had upwards of $1000 sent and/or received.

If you call that not much, then that's fine... but I don't know that there is a limit, anyway.

 

[HeroOfPellinor]

Originally posted by: Zoblefu

Originally posted by: HeroOfPellinor

Originally posted by: Zoblefu
I both send and receive with paypal, and it's free both ways, so long as you have your bank account registered with paypal. And it's instant if you have a credit card also registered with paypal.

Then you don't send or receive much each month.

I dont run a business using paypal, if that's what you mean... but I've had a few months where I've had upwards of $1000 sent and/or received.

If you call that not much, then that's fine... but I don't know that there is a limit, anyway.

Go to your paypal account and look at the last column to th right titled "fees". Unless you're receiving only bank/balance deducted payments, you'll have fees.

 

[codeyf]

Originally posted by: Zoblefu

Originally posted by: HeroOfPellinor

Originally posted by: Zoblefu
I both send and receive with paypal, and it's free both ways, so long as you have your bank account registered with paypal. And it's instant if you have a credit card also registered with paypal.

Then you don't send or receive much each month.

I dont run a business using paypal, if that's what you mean... but I've had a few months where I've had upwards of $1000 sent and/or received.

If you call that not much, then that's fine... but I don't know that there is a limit, anyway.

Q.Is there a limit to the amount of payments Personal Accounts can receive?

A.Yes. When you sign up for a Personal PayPal Account in the US, UK or Canada, you will have a receiving limit equivalent to $1,000.00 USD based on the Primary Currency of the account. (The receiving limit for accounts with Pounds sterling as a primary currency is £550.00 GBP and for Canadian Dollars is $1,250.00 CAD.) See PayPal's website for limits in other currencies. If you receive payments in more than one currency, your limit will be calculated based on the total amount you receive each month after the amount is converted into your primary currency.

The receiving limit applies to the following payment types: eBay Items, Auction Non-eBay, and Goods-Other (Website sales). All applicable payments which exceed the monthly limit will be placed in accept/deny status until you upgrade your account to receive the payments or you choose to deny them. The limit is reset monthly on the anniversary of your sign up date.

 

[funboy6942]

I dont know your finacial situation but I dont make that much money, my credit sucks because of lay offs, I filled BK, and no bank in their right mind will give me credit and I dont blame them. For me to be able to have the ability to get a credit card OR debit card right now opens doors for me. I am sure there are others in my situation as well that can benifit them as well by getting something like this.

But you are missing my manin point though. If you do alot off transactions through paypal and large ammounts of them this really isnt bad when you take in effect the money you will save in the long run being able to transfer money from one account to the other. Plus if you happen to be in the same situation as I am it will allow you to open that ultra important PP account. You can link your card to it as a checking account making your PP acount as verified becuase you will have the cc and now the checking card attached to it. Also if your like me and dont have a bank account, to be able to have the ability to take in the PP and then turn around and stick it on your card. Then money as real money and not have to wait for PP to send you a MO, take the hit for sending you the MO, and then the other hit since you dont have a bank account to cash it at.

Do you now see where this may benifit you? You also talk about others that you can get a refillable or debit card from. Please link me to one that will give you instant account status, let you check your ballance over a cell phone, wire money to your account from another source like your bank account, NOT charge you to send money from your account to anothers, AND link your account to Paypal to be able to take the money from it and stick it right on your card. OH and they also give you a atm card as well.

Granted you may have to pay the $1 but that fee is only if you have to type you pin number in-such as at a grocery store or atm. If they just deduct from your account there is no fee. If you happen to do alot of pin transactions you can opt for the $69 for the year and not get any fees for the entire year. OK OK your about to flame again but dont forget if you have crappy credit sure you can get a credit card but they also set your limit low, and still charge you a yearly fee as well. So why do that and get this one? If the money is in your account you can use it and if not you cannot get in trouble.

PLUS for a fee they will report your spending to your credit report as well.

So again please if your gonna flame see what all this has to offer. Not everyone has perfect credit, plus in the long run would save you money over PP, give you more choices then over PP master card, can be used with you PP account, and does report to your credit rating if you so choose to have it. For me this is huge and I am sure others will benifit from this as well.

Just because it doesnt work for you and you dont see the big picture doesnt mean someone else wont and give you the right to crap on my thread.

 

[istoo]

One of PayPal's problems is that users can use stolen credit cards to pay with. THe money is passed to the sellar. After a couple of months, Paypal learns that the money was stolen and PayPal credits the buyer with the stolen money. Then PayPal charges the sellar and takes the money or freezes the sellars money. Most of you are fully aware of this.

Now how is this company going to handle fraudalant use? Somebody steals credit card X and receives a payment.

 

[isekii]

Seems sweet to me.

If you're transferring between one another.
You have to pay 20 to get the card ? That's not so hot. But on large transactions it may be worth it.

If the card is swiped and no pin is entered then no fee ? When used as debit there is a fee correct ?

 

[funboy6942]

Yes that is correct.

As for the card it is a master card. Do what you would do with the master card and call them. You may not be able to get monthy bills from it, in fact you wont get any but if it gets stolen you contact them and what ever charges should be taken care of. As far as the money switching hands you stick in your credit card number on your home page Then you stick in only the users number. the money will go into his account that way. So even if you stole the credit card it is near impossable to send funds to anyone. If need be I will make a screen shot of both my home page and the money transefer screen and you can see.

 

[superHARD]

Originally posted by: ECartman

Originally posted by: moochadime
[
Anyway everyone needs to get one and put PP in their place finnaly!!! And sorry for sounding like I work for the company Im just excited that there is someone else out there other then PP to transfer funds from one person to the other and the money with netspend is usable everywhere and not just online.

GET NETSPEND EVERYONE!!!!!!!!

Dude .. . Google transfer money and debit card and you'll see there are thousand of alternatives out there to Paypal using a debit card. And in effect that's what this is....this is NOT a credit card. This is a prepaid card. I see no indication that you get interest on you funds like at least you do with many debit cards lintked to , for instance, online bank accounts.

For a $69 fee or a per transaction fee this ain't hot


tryin not to thread crap but facts are facts

^^what he said^^

 

[dclive]

Originally posted by: moochadime
Netspend used to be strictly a refillable credit card company about a year ago. I just signed up again so I can get a CC and open a PP account. Well to my suprise they have changed since the year ago.

First:
The credit cards no longer expire after a year but three years now

Second and my favorite and making it my duty to switch everyone to netspend:
You can transfer money from your card to other netspend users just like paypal. But the great thing is it goes directly on a credit card that can be used almost anywhere and not just where paypal is used. AND the best part is it is FREE to send from one user to the other no matter the ammout!!! That means if you wanted to send a huge ammount through PP using your cc you would get stuck with a huge fee as well. With netspend there is no fee and you can put the funds on the card to send from your bank, cc, or wire transfer. BEAT THAT PAYPAL!!!!!

The credit card costs $20 and you can transfer you funds to it from antoher creditcard, bank transfer, and even your paypal ccount as well! I am so excited that I got another card knowing that I can take PP and add the funds to my card and use it for I dont have a bank account (Im too broke to keep funds in it).

There is a fee to use the card and load it. Over where I load its $1 no matter haow much is added to it and $1 everytime I use it. BUT they have an option for $69 you can get a year without charges except atm withdrawls. To me since my credit is not good and I have not a bank account this is perfect for me. And with the added features being able to add the PP funds right to my card AND the fact if everyone gets one you can transfer funds from one card holder to the next makes this card for me one I need to keep. Also I cant get in trouble with it because if the money is not in there i cant overspend and since its not attached to a bank account if it gets stolen they cant drain your account

Anyway everyone needs to get one and put PP in their place finnaly!!! And sorry for sounding like I work for the company Im just excited that there is someone else out there other then PP to transfer funds from one person to the other and the money with netspend is usable everywhere and not just online.

GET NETSPEND EVERYONE!!!!!!!! and if it matters I have the all acess netspend mastercard with a very nice Chicago Skyline on it

I just noticed on the site a referal form. If you decide to get the netspend card lmk I will email you the form and if you use it at time of sign up you will get $2 and I will get $5. We all win

How is this better than a normal credit card and a normal checking account?

(Serious question - I don't see why you would want to do this, or forgo normal credit card protection in favor of a fairly dangerous debit card.)

 

[funboy6942]

Added picture


DOES ANYONE READ???? I never said it was better then a regular checking account BUT IF YOU DONT OR CANNOT GET ONE this is a huge help. Please I am not going to repeat myself. I have written it all out in large books above and again if this is not for you STOP CRAPPING IN MY THREAD!!!!!

 

[Zoblefu]

Well... we always choose 'service' as the type whenever we transfer funds, and it doesn't go against our spending limit.

I have had this paypal account for years now and I've never paid a fee. In those years I've transferred thousands of dollars.

Oh well, I'm not going to argue and keep wasting space in this thread

 

[gamefreakgcb]

I get charged fees no matter where I get the money from. These guys here are saying that you can get money without fees from another PP account

 

[linuxthinker]

$20 + Use Fees != Free

I would argue that this may be MORE expensive than PayPal in small quantities and way too cumbersome in large quantities.

PayPal personal account can RECEIVE an unlimited amount of money, AS LONG AS they're not from an auction site and you don't use a "Buy Now" button. AKA, people can use the "Send Money" feature in PayPal to send you money with a Bank Account and there is NO LIMIT. There is also no limit to the amount of money you can send with PayPal, period.

 

[funboy6942]

Originally posted by: linuxthinker
$20 + Use Fees != Free

I would argue that this may be MORE expensive than PayPal in small quantities and way too cumbersome in large quantities.

That is $20 over a three year peoriod and use fees ONLY if you have to type in a pin number.
Do three years of paypal fees and see what figure you come up with.

 

[ECartman]

Dude ... I'm only arguin that this is NOT a credit card. Your title is misleading as you call this a "refillable credit card". It is NOT. Netspend calls it a "Mastercard prepaid card" or a "VISA prepaid card". Notice they do not use the words "credit card". They cannot. This is not a credit card. Your title is misleading.

But since you mention other things that aren't quite right lets discuss:

As to protection on purchases from Mastercard....that is not true either. Your fraud protection comes from Federal law and is embodied in your fee agreement/card issuer contract. It is not from Mastercard or VISA. Mastercard and VISA merely brand their names for these cards to allow you to use their networks so they can get a cut. Fraud protection and other terms are between you and the card issuer, not MC or VISA.

Additionally, there are myriad alternatives even for a poor person (although maybe not someone with a recent BK though) such as Netbank (I'm not endorsing just puttin it out for info ... do your research) who offers a checking account that earns interest, the ability to link to your Paypal account (and other checking accounts) has free online billpay, and after an initial $50 deposit (which is your money and your keep) has no minimum balance requirement or any fees, comes with a free VISA check card, etc. You dont pay Netbank, they pay you! (see Netvalue account at Netbank)

I take issue with your declaration "GET NETSPEND EVERYONE!!!!!!!!" and "Anyway everyone needs to get one" because that is not the case. Perhaps in limited circumstances, like you just emerged from a BK, this may be an OK deal. But it aint not deal at all for the vast majority of folks.

Finally, the referal is distasteful.

 

[funboy6942]

Again I have to say if this isnt for you and you don like it dont crap in my thread.

 

[Zorro]

Originally posted by: moochadime
Again I have to say if this isnt for you and you don like it dont crap in my thread.

But he speaks the truth..

 

[funboy6942]

Dont care-not changing a thing :roll:

 

[superHARD]

Dude ... I'm only arguin that this is NOT a credit card. Your title is misleading as you call this a "refillable credit card". It is NOT. Netspend calls it a "Mastercard prepaid card" or a "VISA prepaid card". Notice they do not use the words "credit card". They cannot. This is not a credit card. Your title is misleading.

But since you mention other things that aren't quite right lets discuss:

As to protection on purchases from Mastercard....that is not true either. Your fraud protection comes from Federal law and is embodied in your fee agreement/card issuer contract. It is not from Mastercard or VISA. Mastercard and VISA merely brand their names for these cards to allow you to use their networks so they can get a cut. Fraud protection and other terms are between you and the card issuer, not MC or VISA.

Additionally, there are myriad alternatives even for a poor person (although maybe not someone with a recent BK though) such as Netbank (I'm not endorsing just puttin it out for info ... do your research) who offers a checking account that earns interest, the ability to link to your Paypal account (and other checking accounts) has free online billpay, and after an initial $50 deposit (which is your money and your keep) has no minimum balance requirement or any fees, comes with a free VISA check card, etc. You dont pay Netbank, they pay you! (see Netvalue account at Netbank)

I take issue with your declaration "GET NETSPEND EVERYONE!!!!!!!!" and "Anyway everyone needs to get one" because that is not the case. Perhaps in limited circumstances, like you just emerged from a BK, this may be an OK deal. But it aint not deal at all for the vast majority of folks.

Finally, the referal is distasteful.

Again I have to say if this isnt for you and you don like it dont crap in my thread.

Well, other than they are biotch slapping your "AMAZING" site (with your forum not allowed referal), he speeks the truth and he is not thread craping!

 

[superHARD]

I should also add:

"When are negative comments allowed?
If you know a "deal" is a scam.

If the post contains improper links, such as click-through referrals, etc. If you know a better link for the same deal, post it in the thread.

If there is any other reason to warn others about an offer or link. For example, many sites offering free magazine subscriptions have been known to continue billing credit cards long after the subscription was cancelled. Also, if you know a vendor has a bad reseller rating, you are doing your fellow members a favor by warning them."

Straight from the rules
http://forums.anandtech.com/me...4199&enterthread=y

So if were were thread craping it would be allowed

 

[funboy6942]

Originally posted by: superHARD
I should also add:

"When are negative comments allowed?
If you know a "deal" is a scam.

If the post contains improper links, such as click-through referrals, etc. If you know a better link for the same deal, post it in the thread.

If there is any other reason to warn others about an offer or link. For example, many sites offering free magazine subscriptions have been known to continue billing credit cards long after the subscription was cancelled. Also, if you know a vendor has a bad reseller rating, you are doing your fellow members a favor by warning them."

Straight from the rules
http://forums.anandtech.com/me...4199&enterthread=y

So if were were thread craping it would be allowed

1 this is not a scam.

2 I removed the reveral. I thought if someone was going to get the card would like $2 just for getting it, if not no skin off my back. It was never a click through link I posted but rather a screen shot showing that people could of had $2 stuck in their accounts if they used the referal program.

3 show where this is a scam and your going to get billed one anfter another.

4 If you cant tell that a refillable or prepay which in my book is the same thing your stupid

5 he listed other plces that he was unsure of if you have a bk (bankruptcy) you can get. Mine doesnt matter.

6 IF YOU DONT LIKE WHAT I WROTE KISS MY BOOTY. Just because it doesnt fit your bill doesnt mean the entire world follows what you have to say or do. Last I looked only a few of you really give a crap.

7 after carefull looking at what your wrote from the rules none of what I posted falls into breaking them or the need for mentioning anything so in essance you are thread craping.

 

[ECartman]

Originally posted by: moochadime
[
6 IF YOU DONT LIKE WHAT I WROTE KISS MY BOOTY.

Now there's an intelligent reply

 

[etee]

in my opinion refillable credit card = refillable mastercard/visa = prepaid mastercard/visa. most ppl should put it together so give it a rest.