Independent organization selects Emerald Card for its inclusion, trust, success and opportunity
H&R Block’s (NYSE: HRB) Emerald Prepaid MasterCard® won recognition as a Consumer Champion by industry publication Paybefore. A six-judge panel for the 2015 Paybefore Awards selected the Emerald Card for delivering the “best consumer value” and embodying Center for Financial Services Innovation (CFSI) principles: embrace inclusion, build trust, promote success and create opportunity.
The Emerald Card will compete against two other cards for the “Best in Category” honor at the 2015 Paybefore Awards ceremony held Feb. 24. The public may vote for the “Best in Category” winner by visiting http://paybefore.com/awards/sixth-judge-voting/. These votes will count as one sixth of total votes and in previous years have determined the outcome in nine categories. Voting is unlimited and closes Jan. 28.
“Winning ‘Consumer Champion’ is a tremendous award for the Emerald Card and a validation of H&R Block’s core value to do the right thing. With the Emerald Card, we offer consumers the very best in the industry: a low-cost, rich-in-features prepaid card,” said Greg Quarles, president of H&R Block financial services.
The recognition of the Emerald Card as a Consumer Champion comes on the heels of its ranking among the best of prepaid cards two years running by a leading consumer industry group. Additionally, it won Best in Category and Top of Wallet by Paybefore in 2014 and ranked among the top three consumer-friendly prepaid cards by Bankrate.com. In 2013, the Emerald Card Mobile BankingTM app was named the Outstanding Mobile Wallet and Mobile Application by Paybefore.
Close to 2.4 million H&R Block clients opted for the Emerald Card in 2014, loading more than $9.2 billion. Since the Emerald Card’s launch in 2006, more than $67 billion has been loaded onto Emerald Cards.
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About H&R Block
H&R Block, Inc. (NYSE: HRB) is the world’s largest consumer tax services provider. More than 650 million tax returns have been prepared worldwide by and through H&R Block since 1955. In fiscal 2014, H&R Block had annual revenues over $3.0 billion with 24.2 million tax returns prepared worldwide. Tax return preparation services are provided in approximately 12,000 company-owned and franchise retail tax offices worldwide by professional tax preparers, and through H&R Block Tax Software products. H&R Block Bank provides affordable financial services products. For more information, visit the H&R Block Newsroom at http://newsroom.hrblock.com/.
The H&R Block Emerald Prepaid MasterCard® is issued by H&R Block Bank, a Federal Savings Bank, Member FDIC, pursuant to a license by MasterCard International Incorporated. MasterCard is a registered trademark of MasterCard International Incorporated. Not available at all locations and to all applicants. Additional fees, terms and conditions apply. ID verification required. Consult your Cardholder Agreement for details on fees, terms and conditions.
The Paypal Prepaid MasterCard is issued by The Bancorp Bank pursuant to license by MasterCard International Incorporated. The Bancorp Bank; Member FDIC. NetSpend is an Independent Sales Organization pursuant to an agreement with The Bancorp Bank.
There is no cost to place an online order for a PayPal Prepaid Card, or for the card we make available through the no-obligation mailed offer. Once you activate either of these cards, you must add funds to the card in order to use it. Upon adding funds, you will be automatically enrolled in the $4.95 per month fee plan which lets you make unlimited purchase transactions (subject to funds availability). To view this monthly fee, and the other costs associated with using the card, see the “Fees Related to the Service” section of the PayPal Prepaid Card Cardholder Agreement.
There is a $4.95 cost to purchase the temporary card at a retail location, and you will need to add funds at the time you purchase the card. Depending on which retail location you visit, the minimum initial load value will be either $10 or $20. The maximum initial load value will be $500.
Enrolling in direct deposit service is easy, no matter where a deposit comes from.
- Pay Checks: All or part of your pay check can be direct deposited to your PayPal Prepaid Card. You will need to provide your employer with The Bancorp Bank’s ABA routing number (031101169) and your card account number. Your card account number is not the 16-digit number on the card.
- Government Payments: The Benefits Express service makes it easy to set up direct deposit of government payments like Social Security, SSI or SSDI payments, or Veterans Administration compensation. Cardholders who have linked their PayPal Prepaid Card with their PayPal Account can also log-in to the online Account Center to enroll.
- Tax Refunds:Get your tax refunds faster than you would by having a check sent to you in the mail. Just include The Bancorp Bank’s ABA routing number (031101169) and your card account number on your tax return. Your card account number is not the 16-digit number on the card.
Transfers from the PayPal Account to the PayPal Prepaid Card are limited to the amount of funds available in your PayPal Account and may not exceed $300 a day/$2,000 per rolling 30 days. Overdrafts are not available. Money cannot be moved directly from individual funding sources like credit or debit cards, bank accounts, etc., attached to the PayPal Account to the PayPal Prepaid MasterCard Account. Money transfers from the PayPal Account to your PayPal Prepaid MasterCard cannot be reversed or cancelled.
PayPal is the faster, safer way to pay and get paid online, via a mobile device and in store. The service gives people simpler ways to send money without sharing financial information, and with the flexibility to pay using their account balances, bank accounts, credit cards or promotional financing. With 128 million active accounts in 193 markets and 25 currencies around the world, PayPal enables global commerce, processing more than 7.6 million payments every day. Because PayPal helps people transact anytime, anywhere and in any way, the company is a driving force behind the growth of mobile commerce and expects to process $20 billion in mobile payments in 2013. PayPal is an eBay (Nasdaq:EBAY) company and contributed 40 percent of eBay Inc.’s revenues in 2012. PayPal is headquartered in San Jose, Calif. and its international headquarters is located in Singapore. More information about the company can be found at www.paypal-media.com.
Paypal Prepaid MasterCard Balance Check
There are a variety of ways to check your card account balance. You can use online banking, through telephone and also in any MasterCard ATM. There is no fee to use the first two balance inquiry methods, there is a $0.50 fee for checking your balance at an ATM.
Check Balance Online
In order to check the card account balance using your online Account Center, you must have, or establish a PayPal Account and link it to your PayPal Prepaid Card. To enroll a Paypal Account, just click here.
Check Balance by Phone
All cardholders may call our toll-free Customer Service telephone number, use our real-time alerts service (pre-enrollment is required to use this service – standard text message rates from your wireless service provider may apply.), or check the card’s balance at an ATM. Click here to contact PayPal.
To login to your Paypal Prepaid MasterCard Account
First, you must sign up for a PayPal account. Go to this link. After enrolling a PayPal Account, link it to your PayPal Prepaid Card and simply log in to PayPal Prepaid using your PayPal account. Click here to log in your Paypal Prepaid MasterCard.