A:

Prepaid NetSpend accounts do work with PayPal. A PayPal account can be linked to a NetSpend account, and vice versa. PayPal allows its customers to add money to their PayPal prepaid cards at NetSpend Reload Network locations nationwide.

NetSpend

NetSpend is a U.S. corporation that offers processing and marketing products for MasterCard and Visa prepaid debit cards. NetSpend debit cards can be reloaded with funds from bank accounts and other financial service providers, such as PayPal. NetSpend prepaid cardholders can also make direct deposits to their account. NetSpend offers gift cards that cannot be replenished and travel cards that can be reloaded for a certain number of times. NetSpend also offers savings accounts in conjunction with its prepaid debit cards. NetSpend has a program that provides rewards for referrals.

NetSpend and Paypal

While PayPal also offers its own line of MasterCard prepaid cards, it cooperates closely with NetSpend. PayPal allows its customers to replenish their prepaid card balances at more than 100,000 NetSpend Reload Network locations nationwide. NetSpend Reload locations are typically available at participating grocery stores, gas stations, check-cashing stores, and MoneyGram and Western Union locations.

PayPal also has special offers and cash back rewards on its prepaid MasterCard cards that are sponsored by NetSpend. PayPal sends reward offers based on their prepaid cardholders' shopping habits.

Likewise, NetSpend cardholders can use PayPal to replenish their cards. In this case, PayPal does not charge NetSpend customers fees, and funds added to NetSpend accounts are typically available within two to three business days.

RELATED FAQS
  1. How do NetSpend cards work?

    Learn how NetSpend prepaid debit cards work and if they are right for you. Protect yourself and your finances by understanding ... Read Answer >>
  2. Where can you get NetSpend cards?

    Learn where to get a NetSpend card and how to open an account, either through the NetSpend website or through a participating ... Read Answer >>
  3. Where can you buy NetSpend reload packs?

    Learn what a NetSpend reload pack is and where you can purchase one. Also discover how to load your current NetSpend debit ... Read Answer >>
  4. Will Netspend cards let you overdraw your account?

    Discover if NetSpend debit cards allow you to overdraw your account and learn how to enroll in NetSpend's overdraft protection ... Read Answer >>
  5. How does NetSpend overdraft protection work?

    Discover how NetSpend overdraft protection works and how it charges for each overdraft transaction. Read Answer >>
  6. Can I use a prepaid credit card to pay bills or to transfer money to other accounts?

    Learn how prepaid credit cards enable convenient bill payments and transfers. Explore different fees charged for such transactions. Read Answer >>
Related Articles
  1. Insights

    How Netspend Works and Makes Money (TSS)

    The NetSpend prepaid debit card is an alternative to checking accounts and credit cards. Most customer reviews give the service high marks.
  2. Personal Finance

    Is PayPal's Credit Card Worth Getting?

    You can use PayPal with credit cards from many issuers. But now you can also use a PayPal card – and apply the rewards directly to your PayPal account.
  3. Investing

    Is PayPal Worth More Than eBay? (PYPL, EBAY)

    Examine the online payment processor, PayPal, and discover its projected value increase as a standalone company, separate from eBay.
  4. Investing

    Solid Q3 Sends PayPal to 52-Week High (PYPL, EBAY)

    Shares of PayPal skyrocketed more than 10% Friday, reaching a new 52-week high of $44.95.
  5. Investing

    PayPal and Google Partner for Digital Wallet

    A report suggests that the agreement may be a precursor for an acquisition later.
  6. Investing

    Can PayPal Stock Still Pay in 2017?

    The growing popularity of mobile wallets has sustained the rise in PayPal, which arguably founded the mobile payments industry.
  7. Insights

    How PayPal Could Top Goldman Sachs, Morgan Stanley

    PayPal has a bigger market value than American Express, and may surpass Goldman, Morgan Stanley.
  8. Investing

    PayPal Stock Jumps After a Strong Q1 Report

    A host of strategic partnerships and strong mobile adoption helped drive PayPal's (NASDAQ: PYPL) stellar first-quarter results. After factoring out the impact of foreign currency exchange rates, ...
  9. Tech

    3 Things You Should Know About PayPal's IPO (PYPL)

    Read about what investors should consider before the PayPal IPO, including the company's strong revenue growth, business growth and competition.
  10. Tech

    PayPal Vs. Credit Card: Which Is Safer?

    Does using PayPal help protect you against identity theft – or does it just add yet another place where cyber thieves can access your data?
RELATED TERMS
  1. Prepaid Credit Card

    A card issued by a financial institution that is preloaded with ...
  2. MasterCard Card

    A credit, charge, debit or prepaid card branded by MasterCard ...
  3. Offline Debit Card

    A card that combines characteristics of both a traditional (online) ...
  4. American Express Card

    A credit, charge or prepaid card branded by American Express, ...
  5. Prepaid Expense

    A type of asset that arises on a balance sheet as a result of ...
  6. Credit Card

    A card issued by a financial company giving the holder an option ...
Hot Definitions
  1. Net Present Value - NPV

    Net Present Value (NPV) is the difference between the present values of cash inflows and outflows. Used in capital budgeting ...
  2. Return On Equity - ROE

    The amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability ...
  3. Bond

    A bond is a fixed income investment in which an investor loans money to an entity (corporate or governmental) that borrows ...
  4. Whole Life Insurance Policy

    A life insurance contract with level premiums that has both an insurance and an investment component. The insurance component ...
  5. Compound Annual Growth Rate - CAGR

    The Compound Annual Growth Rate (CAGR) is the mean annual growth rate of an investment over a specified period of time longer ...
  6. Capital Asset Pricing Model - CAPM

    A model that describes the relationship between risk and expected return and that is used in the pricing of risky securities. ...
Trading Center