Is Netspend Legit? Are they Real or Fake? Can NetSpend Cards be Trusted?

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NetSpend is legit and Generally, NetSpend Cards are safe. It is a legitimate debit card backed by VISA and MasterCard. Netspend is a leading provider of prepaid debit cards with over 10 million customers served in the U.S. Netspend cards are real and not a scam.

Prepaid debit cards like Netspend have been controversial in the past. However, these days they are one of the most popular ways to manage finances.

With prepaid cards on the rise, Netspend prepaid cards have taken up a reputable place in the market.

But can you really trust Netspend? That’s a question many people still find themselves asking.

In this article, we’ll help you figure out how trustworthy the Netspend card is and all the pros and cons that come along with it.

Read: Can You Track Your NetSpend Card?

Is Netspend Legit?

Netspend Prepaid Debit Cards

Unlike a credit card, the Netspend account is a prepaid debit account. This means you use your own money instead of using revolving credit.

You essentially load money to your card via direct deposit or any other means of transfer. Then you can use the Netspend prepaid card to make purchases online or directly from stores.

Does a Netspend Account Work Like a Normal Bank Account?

We’re all familiar with the traditional banking methods. You open a bank account. You put money in it. Then you spend it. Netspend is a convenient way of managing your finances, but it’s a lot different from a traditional bank account. Netspend is neither a savings account nor a checking account.

It’s a debit prepaid payment card you can make purchases with. You can use it anywhere you’d normally use your visa card or Mastercard.

This key feature sets the Netspend card apart from any other banking methods you were previously aware of.

Can Netspend Cards Be Trusted?

With credit scams and financial fraud on the rise, it’s only natural for you to be skeptical. Now that we’ve gone over the very basics of the Netspend card, the question still stands. Is Netspendt the real deal or not?

It’s safe to say that yes, Netspend cards are 100% legit. It’s backed by the FDIC and issued by trusted banks across the United States. Banks like Bancorp Bank, Axos Bank, MetaBank, and Republic Bank and Trust company.

Netspend is a leading banking alternative to traditional banking. With protective measures like prevention of unauthorized transactions vis Visa or Mastercard zero liability protection and FDIC protection, you’re in safe hands.

How To Get NetSpend?

If you want to start using Netspend, the good news is that there are no complicated procedures involved. The whole process is online and you don’t have to submit any sensitive information. Just follow along with these steps and you’ll be good to go.

You’ll have to go to the website and open the Netspend online account center to fill out a form. This form requires you to fill in your personal information. State your name, date of birth, address, and government ID.

Once you’ve filled out the form the system will verify the details. Once the system has verified your personal info, you’ll receive your activated Netspend debit card by mail.

How Can you Add Money to the Netspend Card?

You can add money to your Netspend card using many different methods. The whole process is straightforward, and you can choose the one most compatible with your needs.

You can choose to use direct deposit into your account, or recharge using a Paypal account is another alternative. You could also choose to pay via bank transfers, tax refunds, or go to a Netspend reload location.

You can even transfer money from one account to another. The possibilities are endless.

Does Netspend Offer Discounts and Benefits?

We have established that Nerspend is not a credit card. And so you shouldn’t expect any discounts and benefits you’d normally get with credit cards.

However, Netspend has other ways of satisfying its customers. For example, you get a $20 recharge if you join the network referral link and add $40 to your account. If you’re the one referring the mobile app to a friend, and they use it and add $40 to their account, you both get a $20 recharge.

The Pros and Cons of Using Netspend

Netspend is becoming a fan favorite rapidly. But it’s not logical to commit to something without knowing about all its perks and shortcomings. Like everything else, Netspend has some ups and downs that set it apart from the rest.

This section is all about the highs and lows of the Netspend prepaid cards. Find out more about Netspend in these sections.


1. You can separate your personal expenses and business expenses easily. This perk is great for small business owners. With the small business prepaid Mastercard and the small business account, you can keep your business transactions less confusing.

2. Managing spending is also a lot easier with prepaid accounts. With This card, you can make sure you or your employees don’t end up overspending and keep your budget in check.

3. With no minimum balance and no credit check, Netspend makes life a lot easier than before.


1. The Netspend commercial prepaid card solutions can be expensive as compared to other market alternatives. Especially with a monthly fee, a separate transaction fee, and other fees, your overall expenditure might end up being a lot higher than you expected.

Can a Paypal Prepaid Card be Linked with Netspend?

Paypal accounts have a similar operation to that of a Netspend card account. Everyone’s familiar with Paypal. If you have a Paypal account the good news is that you can link it to your Netspend account. Both the service providers are compatible with one another.

You can even use Paypal to pay for your Netdpend prepaid. You’ll still be able to use both your accounts separately as well. Use whatever you want to shop online or at stores. This will definitely make your life a lot easier than before.

Final Words

Netspend is a leading provider of alternative financial services for those of us who don’t want to deal with the hassle of conventional banking. With this service provider, you can pay bills and make all your money transfer operations smooth.

Netspend is backed by one of the most financially reliable organizations, the FDIC, and managed by powerful banks. This is proof enough of the legitimacy of the service, and you can trust them with your hard-earned cash.

Jack Vasquez Garcia

Jack Vasquez Garcia is a seasoned P2P expert specializing in Venmo, Cash App, and Netspend. With deep knowledge and experience, he simplifies digital transactions for individuals and businesses, making life easier in the digital realm. Linkedin

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