Netspend Small Business Prepaid Card Costs

We like the Netspend Small Business Prepaid Card because it’s the cheapest option on our list for small businesses that need between three and 10 cards. You can load up to $25,000 to your account daily using direct deposit, check, ACH or wire transfer, or via a physical reload station. Employees can spend up to $5,000 per day per card. Monthly fees start at $9.95 for the first card.

Netspend Small Business Prepaid Card Costs

Costs and fees on the Netspend Small Business Prepaid Mastercard include:

  • Setup fee: None
  • Monthly fee: $9.95 for the first card; $1.95 for each additional card up to 10 cards
  • Domestic ATM fee: $2.50, plus any operator fee
  • Signature/PIN purchase transaction fee: None

There is a cheaper option than the Netspend Small Business Prepaid Card for businesses that need just one or two cards — Bento for Business — but this is the least expensive option for firms with three to 10 people authorized to spend company funds. Businesses with growth aspirations might think twice about this business debit card because of the card limit.

Netspend Small Business Prepaid Card Balance Requirements

Unlike several other business credit cards on our list, such as Bento for Business and PEX, the Netspend Small Business Prepaid Card has a maximum balance limit. If your firm needs spending flexibility higher than $25,000, your business may want to consider other options.

Minimum Balance

The Netspend Small Business Prepaid Card has no minimum balance requirement. Other cards like Bento for Business and PEX also have no minimum balance requirement.

Maximum Balance

The Netspend Small Business Prepaid Card has a maximum account balance of $25,000. This means that you can’t load more than $25,000 into your account at any one time, regardless of the number of cards your company has. Other cards, like Bento for Business and Emburse Prefunded Mastercard, have no maximum account balance.

How to Load Funds on the Netspend Small Business Prepaid Card

The Netspend Small Business Prepaid Card is the most flexible on our list when it comes to loading funds. This is because the card offers multiple ways to load funds into your account, including:

  • ACH/wire transfer
  • More than 130,000 participating load stations (a fee may be assessed)
  • Direct deposit
  • Mobile check deposit

You can add and remove funds easily from individual cards and track activity with transaction alerts when spending occurs.

Netspend Small Business Prepaid Card Daily Limits

Prepaid business credit card issuers may set daily load and spending limits as a way to protect your business from fraud. Netspend is one of the few prepaid debit cards that sets a per-card spending limit, which is yet another way to control employee access to company money.

Load Limit

The Netspend Small Business Prepaid Card has the following load limits:

  • $15,000 per day for unverified businesses
  • $25,000 per day for verified businesses

Verification is optional for sole proprietorships but is required of all other business types within 30 days of card activation. No other prepaid business credit card on our list requires verification to increase load limits.

Spending Limit

This prepaid business card has a daily spend limit of $5,000 per card. Remember, the maximum balance per account is $25,000, which means your daily spending limit may be significantly lower if you have multiple cards. You can also receive text messages or email updates for every transaction and get daily or weekly balance updates. Bento for Business has a $25,000 daily spend limit while the PEX Prepaid Visa has no limit.

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