Have you ever wondered how you add cash to a prepaid card? It’s a question we get a lot. Fortunately, with Green Dot’s MoneyPak (www.moneypak.com), there is an easy and inexpensive way to add money to a prepaid card. In fact, with a MoneyPak, you can also send funds to a PayPal account or make same day payments to a company. In this review, we’ll walk through how to use MoneyPak and the features it offers. (Note: While the Green Dot prepaid card is a top rated low fee card, MoneyPak can be used to load just about any prepaid card, not just Green Dot.)
To get started, all you do is to visit one of the 50,000 plus locations nationwide that sell the Green Dot Money Pak. Such locations include: WalMart, Walgreens, CVS, Rite Aid, KMart, 7 Eleven, Kroger, Meijer, Ralph’s and Winn Dixie. At one of these locations, just purchase a Money Pak card, which should be located in the Prepaid Product Section or Green Dot Display and load it with cash. The only acceptable form of payment is cash, anything else will not be accepted. It cost $4.95 or less to buy the Money Pak card plus the amount you want to load onto the MoneyPak card. For example, if you want to load the card with $150, it will cost you $154.95 (or less based on the cost of the MoneyPak).
Reloading Your Prepaid Card with MoneyPak
You can reload most prepaid cards through the Green Dot MoneyPak, but be sure to check with your prepaid company first just to make sure. Some prepaid companies set limits and restrictions on how much can be added to the prepaid card, so you should find this information out first too. From there all you do is visit www.moneypak.com or call 1-800- Greendot and select the “To Reload” your “PrePaid Card” option. You will enter your prepaid card number and then your Money Pak number. Once your reload is complete, the money will be available on your prepaid card right away. If you want to verify that the reload was successful, you can call the customer service number on the back of your prepaid card.
Same Day Payments with MoneyPak
MoneyPak can also be used for same day payments. It works for both online payment or payments by phone at anytime. You should check ahead of time and make sure the company you’re making a payment to accepts payments from MoneyPak. Making a payment is easy and there are no forms to fill out. All you do is visit MoneyPak.com, find the company you want to make the payment to, and follow the instructions to complete your payment. You can pay service providers such as phone, satellite TV, credit cards, and more. If you would like to verify your payments were received, you can call your company’s customer service department and verify they received the payment.
Adding Funds To PayPal with MoneyPak
There are essentially two easy steps to adding funds to your PalPal account from your MoneyPak card. First log into www.PayPal.com and click add funds “from a Green Dot MoneyPak” option. Enter your MoneyPak card number to transfer funds to your PayPal account and the funds will be available immediately. When adding money to your PayPal account via MoneyPak, your starting limit is $250 a year. You can fund up to $2,000 a month by providing your name, address, date of birth and social security number. Green Dot will collect, verify and record this information on behalf of PayPal. This information WILL NOT be used for a credit check or marketing purposes.
It’s Just Like Cash
Your MoneyPak Number works just like cash, so keep it safe just like you would cash. Transactions cannot be reversed, so only give the number to a trusted recipient. If the MoneyPak is lost, there is no way for it to be traced or for you to recover the money. Here are some helpful tips to better protect you from fraud.
- MoneyPark should ONLY be used to reload your prepaid cards or accounts you control.
- Beware of deals or opportunities that seem too good to be true.
- Beware of any offers that do not accept credit card payments and asks for you to purchase a MoneyPak and provide the MoneyPak Number in an email or over the phone.
- When using MoneyPak with PayPal for eBay or other online merchants, transfer the money to your PayPal account first before paying the merchant. DO NOT email the MoneyPak Number directly to the merchant.
- Never use a MoneyPak to pay for taxes or fees on foreign lottery winnings, grants, or any offer that requires you to pay first before getting something back.
Finally, here is a short video showing how to load a prepaid Visa card or prepaid MasterCard with MoneyPak: