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MLB Prepaid Card Review – With a Savings Account and Rewards, it’s a Home Run

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For those with limited or poor credit, the Netspend MLB Prepaid card could be an excellent choice.

Netspend MLB Prepaid Card

Kevin Mercadante’s rating


9
Fees
9.0

Ease of Use
9.8

Plan Options
9.0

Specialized Options
8.0

Pros

  • Customize your card
  • Easy activation
  • Choice of three plans
  • Multiple ways to fund your card
  • Multiple ways to fund your card

Cons

  • Pay-As-You-Go plan can get pricey
  • Will not help your credit
  • Limited personal funds transfers

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Table of Contents About Netspend MLB Prepaid Card How the Netspend MLB Prepaid Card Works Features and Benefits of the Netspend MLB Prepaid Card Netspend MLB Prepaid Card Pricing Netspend MLB Prepaid Card Sign Up Process Netspend MLB”,”offers”:{“@type”:”Offer”,”price”:”0.00″,”priceCurrency”:”$”,”seller”:{“@type”:”Person”,”name”:”Kevin Mercadante”}},”review”:{“@type”:”Review”,”reviewRating”:{“@type”:”Rating”,”bestRating”:”10″,”worstRating”:”0″,”ratingValue”:”8.95″},”name”:”Netspend MLB Prepaid Card”,”reviewBody”:”For those with limited or poor credit, the Netspend MLB Prepaid card could be an excellent choice.rnrnrnrnrnrnrnTable of Contentsrnrn tAbout Netspend MLB Prepaid Cardrn tHow the Netspend MLB Prepaid Card Worksrn tFeatures and Benefits of the Netspend MLB Prepaid Cardrn tNetspend MLB Prepaid Card Pricingrn tNetspend MLB Prepaid Card Sign Up Processrn tNetspend MLB Prepaid Card Pros and Consrn tFAQsrn tShould You Sign Up For Netspend MLB Prepaid Card?rnrnrnThese days, everyone needs a credit or debit card. Sure, you can still pay cash for most types of purchases. But an increasing number of transactions require a card. If you don’t have a bank account, or if you have limited or poor credit, a prepaid card can offer you nearly all the benefits of traditional credit or debit cards. Netspend, one of the largest issuers of prepaid cards in America, is even offering their MLB Prepaid Card for fans of Major League Baseball.rnAbout Netspend MLB Prepaid CardrnNetspend and Major League Baseball have teamed up to offer the Netspend MLB Prepaid Card. It’s a way to give baseball fans an even greater appreciation for America’s pastime. Each card is branded with your favorite MLB team logo and team colors. The card is designed to give baseball fans more control over their finances, as well as an alternative means of handling their financial management.rnrnA prepaid card has a number of financial benefits, as well as specific perks related to your favorite professional baseball team. And unlike most debit cards, the Netspend MLB Prepaid Card offers payback rewards.rnrnNetspend is one of the leading providers of prepaid cards, including Visa Prepaid Debit Cards and Mastercard Prepaid Debit Cards. The company has 68 million customers, many of whom are considered to be unbanked. Thatu2019s an industry term describing consumers who donu2019t have a traditional bank account, and must rely on alternative financial services.rnrnRelated:u00a0Why are Millennials Using Prepaid Credit Cards?rnrnFounded in 1999, the company is based in Austin, Texas. Itu2019s a subsidiary of TSYS (NYSE: TSS), a company that provides electronic payment processing services to banks and other financial institutions. TSS had almost $5 billion in sales in 2017.rnHow the Netspend MLB Prepaid Card WorksrnPrepaid cards give the unbanked the ability to transact business in much the same way as those who have traditional bank accounts, as well as use of credit and debit cards. Netspend MLB Prepaid Card performs that exact mission, but with affiliation with and benefits from Major League Baseball.rnLearn MorernOne of the biggest advantages of the Netspend MLB Prepaid Card is that Netspend does not require a credit check. This is perfect for unbanked consumers, who often have limited credit, or even poor credit, and canu2019t qualify for a credit card.rnrnThere is also no activation fee, and no required minimum balances.rnrnSince the card can be either a Visa or MasterCard, it will be accepted anywhere those cards are welcomed. But in addition to using it in lieu of a credit card, you can also use it to pay bills online, or even make cash withdrawals from ATM machines. It works as a perfect substitute for credit cards and bank debit cards, since it is an actual debit card.rnrnRelated: Best ATM Locator AppsrnrnNetspend MLB Prepaid Card Works through the Netspend online account center, which is the online platform you manage your prepaid card from. You can view recent transactions, activate payback rewards, and set up direct deposit from the account center.rnFunding Your Netspend MLB Prepaid CardrnThere are several ways you can fund you card:rnrn tDirect deposit:u00a0This can be done by tying your payroll check or your government benefits payment to the card. As is typically the case with direct deposit, you’ll be paid two days quicker than you will if you cash a paper check at a bank.rn tMobile check load:u00a0If you prefer, you can also fund your card by mobile check load. You simply take a picture of the check, front and back, and download it to the Netspend app.rn tDirect deposit your income tax refund:u00a0You can have your refund direct deposited onto the card, in the same way you would a bank account. All you need to do is provide your Netspend account routing number and personal account number on your tax return, and the refund will be direct deposited onto your account when issued. If you e-file your tax return, you can get your refund back in as little as 21 days.rnrnRelated:u00a0How to Get Your Tax Refund Deposited On a Prepaid CardrnNetspend MLB Prepaid Card PlansrnNetspend MLB Prepaid Card offers three plans:rnrn tPay-As-You-Go Plan:u00a0This plan has no fee, but you pay a small fee each time you make either a signature or PIN purchase transaction. This plan is best for consumers who will use the card only occasionally.rn tFeeAdvantage Plan:u00a0With this plan you pay a flat monthly fee, but all purchases, both signature and PIN, have no additional fee. This plan is best for consumers who will make frequent use of their prepaid card.rn tNetspend Premier FeeAdvantage Plan:u00a0This plan works like the FeeAdvantage Plan, but the monthly fee is reduced by 50% if you direct deposit $500 or more in payroll or government benefits payments in one calendar month. This plan also comes with Netspendu2019s Purchase Cushion feature. Netspend may cover you for up to $10 if you’re short on a purchase. When they do, youu2019ll make up the shortfall the next time you reload your card.rnrnPricing for each plan is in the Netspend MLB Prepaid Card Pricing section below.rnFeatures and Benefits of the Netspend MLB Prepaid CardrnThe Netspend network:u00a0Netspend has a nationwide network of more than 70,000 distribution locations, and over 130,000 reload points. With a Netspend MLB Prepaid Card, you can make purchases and reload your card at thousands of neighborhood retailers, check cashing services, convenience stores, grocers, pharmacies, and even insurance providers and tax preparers.rnrnPayback Rewards:u00a0The Netspend MLB Prepaid Card offers rewards, just as many credit cards do. You can receive rewards for making certain purchases with select merchants, on a revolving basis. The categories change regularly, so the rewards don’t apply to all purchases you’ll make. The rewards are credited to your card at the end of the following month.rnrnAnytime Alerts: Protecting against identity theft has become a major concern with all types of cards, and youu2019ll have alerts with your Netspend MLB Prepaid Card. Youu2019ll receive both a text and email message when certain events occur. For example, you’ll be alerted when a paycheck is available, when you reach a spending limit, or when you are close to a reload location. Both the types and frequency of the alerts can be customized to your own preferences.rnrnRefer a Friend:u00a0You can earn additional credit by referring family and friends to Netspend cards. When the friend you refer activates a new card, and loads it with at least $40, each of you will get a $20 credit. There is no limit to the number of family and friends you can refer.rnrnSending and receiving money with other Netspend cardholders:u00a0You can send money back and forth with other Netspend card holders, using instant cardholder transfers.rnrnCustomer support:u00a0Available by email, traditional mail, or by phone. Customer service is available Monday through Friday, from 8:00 AM to 10:00 PM, and Saturday and Sunday from 8:00 AM to 8:00 PM (all times Central).rnrnSecurity:u00a0Funds held on the card are FDIC insured through the cardu2019s issuing bank. You’re also protected from unauthorized charges through either the Visa Zero Liability or Mastercard Zero Liability protection programs. With either program, you must notify Netspend immediately when you have an unauthorized charge.rnrnFor online transactions, you can use virtual card numbers to keep your real number hidden. You do this by creating a temporary card number for online transactions.rnrnRelated:u00a0Should You Use a Masked Credit Card for Online Shopping?rnrnNetspend also uses secure socket layer (SSL) technology to encrypt your personal information to keep it secure when it’s being transmitted over the Internet.rnThe Netspend Savings AccountrnThis is one of the most interesting features of the Netspend MLB Prepaid Card, mainly because it’s so unusual with prepaid cards. Netspend offers a Netspend Savings Account, allowing you to make transfers between your card and your savings account.rnrnYou can use the AutoSave feature to set up automatic transfers to your savings account. The transfers will happen each time you load funds on your card, and you can set a specific amount that will go into savings.rnrnYou’ll have plenty of incentive to create a savings account as well. You can earn up to 5.00% annual percentage yield (APY) on the first $1,000 account, which is more than online banks and certificates of deposit are currently paying. Balances in excess of $1,000 have an APY of 0.50%.rnrnAs is typical of savings accounts, you’re limited to no more than six transfers per month from your savings account to your prepaid debit card.rnrnRelated: Best High Yield Savings AccountsrnThe Netspend Mobile ApprnThe app is available for Android and iOS mobile devices, and can be downloaded at either the App Store or Google Play.rnrnThe app will allow you to check your balance and recent transactions, as well as send and receive funds to and from family and friends. You can do this with family and friends who also have a Netspend card, or with ACE Elite, Control, or Purpose cards.rnrnYou can deposit checks using the app’s mobile deposit feature.rnrnrnrnRelated: Top Money Management Apps for Growing Your Net WorthrnNetspend MLB Prepaid Card PricingrnEarlier we mentioned that the Netspend MLB Prepaid Card offers three different plans, Pay-As-You-Go, FeeAdvantage, and Netspend Premier FeeAdvantage. The fee structure for each plan are as follows:rnrnrnrnThere are no fees charged by Netspend when adding funds to your card, whether that’s for direct deposit, a funds transfer from a bank account, or mobile check loads. However, there may be fees assessed by reload locations.rnrnCash withdrawal fees are as follows:rnrnrnrnrnrnRelated: Low fee Prepaid Credit CardsrnNetspend MLB Prepaid Card Sign Up ProcessrnNetspend uses a three-step sign up process:rnrn tOrder your card.rn tActivate and verify your ID.rn tAdd money to your card.rnrnTo sign up, you complete a one-page online application:rnrnrnrnPer federal law, youu2019ll need to supply your date of birth as well as your government ID number (typically your Social Security number). You may also be required to provide a copy of your state issued driveru2019s license.rnrnOnce you sign up for your Netspend card, you will receive it in the mail within seven to 10 business days.rnrnOnce signed up, you can access your account through the Netspend Visa login page.rnNetspend MLB Prepaid Card Pros and Consrnrnrn Pros:rnrn tCustomize your card: You can customize your card with the logo and colors of your favorite Major League Baseball team.rn tEasy activation: No activation fee and no credit check is required.rn tChoice of three plans: This is based on your expected or actual use of the card.rn tMultiple ways to fund your card: You can fund your account with automatic deposits, mobile check load, or even depositing your income tax refund.rn tNo minimum balance necessary: There is no minimum balance requirement to maintain the card.rn tGet a Netspend Savings Account: The card comes with the Netspend Savings Account, paying interest up to 5.00% APY. Itu2019s an opportunity to add a savings component to your spending card.rn tCashback rewards: These are available on a rotating basis.rnrnrnrnrn Cons:rnrn tPay-As-You-Go plan can get pricey: If you choose this plan, youu2019ll pay a fee for each purchase transaction.rn tWill not help your credit score: Prepaid cards cannot be used to build or improve your credit score. This is true of all prepaid cards, and not just those issued by Netspend.rn tLimited personal funds transfers: You can transfer money to and from family and friends who have a Netspend card, or select other cards. Unlike most money transfer services, you canu2019t send or receive money to or from anyone with a bank account.rnrnrnFAQsrnQuestion: Do Netspend cards have any spending limits?rnrnAnswer: Youu2019re limited to the following:rnrn tNot more than $4,999.99 every 24 hours for either purchase transactions, or over-the-counter cash withdrawals.rn tFor ATM cash withdrawals, the limit is $325 per withdrawal, or up to $940 per day, for up to six transactions per 24 hours.rnrnQuestion: Where is the Netspend Savings Account held?rnrnAnswer: At one of several banks, including Axos Bank, The Bancorp Bank, MetaBank, or Republic Bank & Trust Company.rnrnQuestion: Does Netspend offer prepaid cards for businesses?rnrnAnswer: Yes, and itu2019s not a bad deal at all! Prepaid cards are an excellent way to both track and limit business spending. They also help to separate business and personal expenses, since you can use a prepaid card strictly for business. Netspend also provides payroll cards for employees, which are becoming increasingly popular. And perhaps best of all, a small business can customize prepaid cards, to help market their business.rnShould You Sign Up For Netspend MLB Prepaid Card?rnIf you don’t have either a credit card or a bank account with a debit card, you’ll need some type of card to transact business. It’s just the way things work today. Absent the other options, a prepaid card is an excellent alternative. They can be used just like credit and debit cards, making purchases, and even accessing cash at ATM machines.rnrnIf you’re a baseball fan, youu2019ll really appreciate the Netspend MLB Prepaid Card. Not only does it allow you a custom card, it also identifies your affiliation with your favorite team.rnrnIf youu2019d like more information, or youu2019d like to sign up for the card, visit the Netspend MLB Prepaid Card website.”,”author”:{“@type”:”Person”,”name”:”Kevin Mercadante”},”datePublished”:”2019-10-21″}}


Table of Contents

These days, everyone needs a credit or debit card. Sure, you can still pay cash for most types of purchases. But an increasing number of transactions require a card. If you don’t have a bank account, or if you have limited or poor credit, a prepaid card can offer you nearly all the benefits of traditional credit or debit cards. Netspend, one of the largest issuers of prepaid cards in America, is even offering their MLB Prepaid Card for fans of Major League Baseball.

About Netspend MLB Prepaid Card

Netspend and Major League Baseball have teamed up to offer the Netspend MLB Prepaid Card. It’s a way to give baseball fans an even greater appreciation for America’s pastime. Each card is branded with your favorite MLB team logo and team colors. The card is designed to give baseball fans more control over their finances, as well as an alternative means of handling their financial management.

A prepaid card has a number of financial benefits, as well as specific perks related to your favorite professional baseball team. And unlike most debit cards, the Netspend MLB Prepaid Card offers payback rewards.

Netspend is one of the leading providers of prepaid cards, including Visa Prepaid Debit Cards and Mastercard Prepaid Debit Cards. The company has 68 million customers, many of whom are considered to be unbanked. That’s an industry term describing consumers who don’t have a traditional bank account, and must rely on alternative financial services.

Related: Why are Millennials Using Prepaid Credit Cards?

Founded in 1999, the company is based in Austin, Texas. It’s a subsidiary of TSYS (NYSE: TSS), a company that provides electronic payment processing services to banks and other financial institutions. TSS had almost $5 billion in sales in 2017.

How the Netspend MLB Prepaid Card Works

Prepaid cards give the unbanked the ability to transact business in much the same way as those who have traditional bank accounts, as well as use of credit and debit cards. Netspend MLB Prepaid Card performs that exact mission, but with affiliation with and benefits from Major League Baseball.

Learn More

One of the biggest advantages of the Netspend MLB Prepaid Card is that Netspend does not require a credit check. This is perfect for unbanked consumers, who often have limited credit, or even poor credit, and can’t qualify for a credit card.

There is also no activation fee, and no required minimum balances.

Since the card can be either a Visa or MasterCard, it will be accepted anywhere those cards are welcomed. But in addition to using it in lieu of a credit card, you can also use it to pay bills online, or even make cash withdrawals from ATM machines. It works as a perfect substitute for credit cards and bank debit cards, since it is an actual debit card.

Related: Best ATM Locator Apps

Netspend MLB Prepaid Card Works through the Netspend online account center, which is the online platform you manage your prepaid card from. You can view recent transactions, activate payback rewards, and set up direct deposit from the account center.

Funding Your Netspend MLB Prepaid Card

There are several ways you can fund you card:

  • Direct deposit: This can be done by tying your payroll check or your government benefits payment to the card. As is typically the case with direct deposit, you’ll be paid two days quicker than you will if you cash a paper check at a bank.
  • Mobile check load: If you prefer, you can also fund your card by mobile check load. You simply take a picture of the check, front and back, and download it to the Netspend app.
  • Direct deposit your income tax refund: You can have your refund direct deposited onto the card, in the same way you would a bank account. All you need to do is provide your Netspend account routing number and personal account number on your tax return, and the refund will be direct deposited onto your account when issued. If you e-file your tax return, you can get your refund back in as little as 21 days.

Related: How to Get Your Tax Refund Deposited On a Prepaid Card

Netspend MLB Prepaid Card Plans

Netspend MLB Prepaid Card offers three plans:

  • Pay-As-You-Go Plan: This plan has no fee, but you pay a small fee each time you make either a signature or PIN purchase transaction. This plan is best for consumers who will use the card only occasionally.
  • FeeAdvantage Plan: With this plan you pay a flat monthly fee, but all purchases, both signature and PIN, have no additional fee. This plan is best for consumers who will make frequent use of their prepaid card.
  • Netspend Premier FeeAdvantage Plan: This plan works like the FeeAdvantage Plan, but the monthly fee is reduced by 50% if you direct deposit $500 or more in payroll or government benefits payments in one calendar month. This plan also comes with Netspend’s Purchase Cushion feature. Netspend may cover you for up to $10 if you’re short on a purchase. When they do, you’ll make up the shortfall the next time you reload your card.

Pricing for each plan is in the Netspend MLB Prepaid Card Pricing section below.

Features and Benefits of the Netspend MLB Prepaid Card

The Netspend network: Netspend has a nationwide network of more than 70,000 distribution locations, and over 130,000 reload points. With a Netspend MLB Prepaid Card, you can make purchases and reload your card at thousands of neighborhood retailers, check cashing services, convenience stores, grocers, pharmacies, and even insurance providers and tax preparers.

Payback Rewards: The Netspend MLB Prepaid Card offers rewards, just as many credit cards do. You can receive rewards for making certain purchases with select merchants, on a revolving basis. The categories change regularly, so the rewards don’t apply to all purchases you’ll make. The rewards are credited to your card at the end of the following month.

Anytime Alerts: Protecting against identity theft has become a major concern with all types of cards, and you’ll have alerts with your Netspend MLB Prepaid Card. You’ll receive both a text and email message when certain events occur. For example, you’ll be alerted when a paycheck is available, when you reach a spending limit, or when you are close to a reload location. Both the types and frequency of the alerts can be customized to your own preferences.

Refer a Friend: You can earn additional credit by referring family and friends to Netspend cards. When the friend you refer activates a new card, and loads it with at least $40, each of you will get a $20 credit. There is no limit to the number of family and friends you can refer.

Sending and receiving money with other Netspend cardholders: You can send money back and forth with other Netspend card holders, using instant cardholder transfers.

Customer support: Available by email, traditional mail, or by phone. Customer service is available Monday through Friday, from 8:00 AM to 10:00 PM, and Saturday and Sunday from 8:00 AM to 8:00 PM (all times Central).

Security: Funds held on the card are FDIC insured through the card’s issuing bank. You’re also protected from unauthorized charges through either the Visa Zero Liability or Mastercard Zero Liability protection programs. With either program, you must notify Netspend immediately when you have an unauthorized charge.

For online transactions, you can use virtual card numbers to keep your real number hidden. You do this by creating a temporary card number for online transactions.

Related: Should You Use a Masked Credit Card for Online Shopping?

Netspend also uses secure socket layer (SSL) technology to encrypt your personal information to keep it secure when it’s being transmitted over the Internet.

The Netspend Savings Account

This is one of the most interesting features of the Netspend MLB Prepaid Card, mainly because it’s so unusual with prepaid cards. Netspend offers a Netspend Savings Account, allowing you to make transfers between your card and your savings account.

You can use the AutoSave feature to set up automatic transfers to your savings account. The transfers will happen each time you load funds on your card, and you can set a specific amount that will go into savings.

You’ll have plenty of incentive to create a savings account as well. You can earn up to 5.00% annual percentage yield (APY) on the first $1,000 account, which is more than online banks and certificates of deposit are currently paying. Balances in excess of $1,000 have an APY of 0.50%.

As is typical of savings accounts, you’re limited to no more than six transfers per month from your savings account to your prepaid debit card.

Related: Best High Yield Savings Accounts

The Netspend Mobile App

The app is available for Android and iOS mobile devices, and can be downloaded at either the App Store or Google Play.

The app will allow you to check your balance and recent transactions, as well as send and receive funds to and from family and friends. You can do this with family and friends who also have a Netspend card, or with ACE Elite, Control, or Purpose cards.

You can deposit checks using the app’s mobile deposit feature.

mlb prepaid

Related: Top Money Management Apps for Growing Your Net Worth

Netspend MLB Prepaid Card Pricing

Earlier we mentioned that the Netspend MLB Prepaid Card offers three different plans, Pay-As-You-Go, FeeAdvantage, and Netspend Premier FeeAdvantage. The fee structure for each plan are as follows:

Plan/Fee Plan/Fee Signature Purchase Fee PIN Purchase Transaction Fee Foreign Transaction Surcharge
Pay-As-You-Go No fee $1 each $2 each 3.5% of US dollar amount of the purchase transaction, in addition to the normal purchase fee (Signature or PIN)
FeeAdvantage $9.95 per month Included in plan Included in plan 3.5% of US dollar amount of the purchase transaction
Netspend Premier FeeAdvantage $5.00 per month Included in plan Included in plan 3.5% of US dollar amount of the purchase transaction

There are no fees charged by Netspend when adding funds to your card, whether that’s for direct deposit, a funds transfer from a bank account, or mobile check loads. However, there may be fees assessed by reload locations.

Cash withdrawal fees are as follows:

MLB fees

MLB foreign fees

Related: Low fee Prepaid Credit Cards

Netspend MLB Prepaid Card Sign Up Process

Netspend uses a three-step sign up process:

  1. Order your card.
  2. Activate and verify your ID.
  3. Add money to your card.

To sign up, you complete a one-page online application:

mlb application

Per federal law, you’ll need to supply your date of birth as well as your government ID number (typically your Social Security number). You may also be required to provide a copy of your state issued driver’s license.

Once you sign up for your Netspend card, you will receive it in the mail within seven to 10 business days.

Once signed up, you can access your account through the Netspend Visa login page.

Netspend MLB Prepaid Card Pros and Cons

Pros:

  • Customize your card: You can customize your card with the logo and colors of your favorite Major League Baseball team.
  • Easy activation: No activation fee and no credit check is required.
  • Choice of three plans: This is based on your expected or actual use of the card.
  • Multiple ways to fund your card: You can fund your account with automatic deposits, mobile check load, or even depositing your income tax refund.
  • No minimum balance necessary: There is no minimum balance requirement to maintain the card.
  • Get a Netspend Savings Account: The card comes with the Netspend Savings Account, paying interest up to 5.00% APY. It’s an opportunity to add a savings component to your spending card.
  • Cashback rewards: These are available on a rotating basis.

Cons:

  • Pay-As-You-Go plan can get pricey: If you choose this plan, you’ll pay a fee for each purchase transaction.
  • Will not help your credit score: Prepaid cards cannot be used to build or improve your credit score. This is true of all prepaid cards, and not just those issued by Netspend.
  • Limited personal funds transfers: You can transfer money to and from family and friends who have a Netspend card, or select other cards. Unlike most money transfer services, you can’t send or receive money to or from anyone with a bank account.

FAQs

Question: Do Netspend cards have any spending limits?

Answer: You’re limited to the following:

  • Not more than $4,999.99 every 24 hours for either purchase transactions, or over-the-counter cash withdrawals.
  • For ATM cash withdrawals, the limit is $325 per withdrawal, or up to $940 per day, for up to six transactions per 24 hours.

Question: Where is the Netspend Savings Account held?

Answer: At one of several banks, including Axos Bank, The Bancorp Bank, MetaBank, or Republic Bank & Trust Company.

Question: Does Netspend offer prepaid cards for businesses?

Answer: Yes, and it’s not a bad deal at all! Prepaid cards are an excellent way to both track and limit business spending. They also help to separate business and personal expenses, since you can use a prepaid card strictly for business. Netspend also provides payroll cards for employees, which are becoming increasingly popular. And perhaps best of all, a small business can customize prepaid cards, to help market their business.

Should You Sign Up For Netspend MLB Prepaid Card?

If you don’t have either a credit card or a bank account with a debit card, you’ll need some type of card to transact business. It’s just the way things work today. Absent the other options, a prepaid card is an excellent alternative. They can be used just like credit and debit cards, making purchases, and even accessing cash at ATM machines.

If you’re a baseball fan, you’ll really appreciate the Netspend MLB Prepaid Card. Not only does it allow you a custom card, it also identifies your affiliation with your favorite team.

If you’d like more information, or you’d like to sign up for the card, visit the Netspend MLB Prepaid Card website.

Topics: Credit CardsReviews

The post MLB Prepaid Card Review – With a Savings Account and Rewards, it’s a Home Run appeared first on The Dough Roller.



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For 5 years we have tracked every single transaction in and out of our accounts using YNAB. The results are revealing.

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Hi all, I was reading a post on another sub of someone sharing their expenses for last year when it got me thinking about my own and it hit me: this month marks 5 years that my wife and I have been using YNAB! So I decided to take some time and reflect and figured I would share. By all means let me know if there are things I miss in this data!

For starters, wow what an absolute change 5 years has made and not just financially. YNAB itself brought upon us the concept of budgeting and tracking out finances when up until that point our lives had consisted of a "buy it, figure out how to pay for it later" mentality. Thankfully we were never really big spenders so we started from a decent spot. Secondly, looking at this it's relatively easy for me to see life changes along the way. From renting to mortgage, from having non-mortgage debt to having none. Life uh, finds a way.

Let's start at the top and look at total spending over the past 5 years https://imgur.com/LVlo2DY

Nearly $500k, ouch. Breaking it down further though it looks like 32% of that went to Savings which is our largest top-level category followed by Monthly bills(ouch again). Debt was a pain and everyday expenses really added up as well. Instead of looking at raw totals though I think taking a look at how things have changed over time is better https://imgur.com/geobw9v

Apologies but it looks like YNAB does not include a legend so here is what the colors mean:

  • Red – Monthly bills
  • Orange – Everyday Expenses
  • Green(Beige?) – Savings
  • Blue – Debt

A couple of trends/events I am able to pluck out of this:

  • Non-mortgage debt was eliminated mid-2018(yay) meaning up until that point it was much more than a 17% expense that the totals had shown
  • Monthly bills were pretty bang on until mid 2016. Correlates with a cross country move. Everyday Expenses took a beating for a couple of months as well
  • Monthly expenses spiked in mid 2017 and haven't really come down. This reflects the transition from renting to owning
  • Savings is highly irregular. Spikes I can mostly explain as IRA contributions.. but the more frequent minor irregularties not so much The last couple of years the bulk of the savings comes in the first couple months of a new year when contributions can be made

That provides a pretty good high-level overview, let's take a peak at the 4 different master categories individually. Starting with savings https://imgur.com/pfTyopB

Sounds about right, looks like IRA contributions have made up about 50% of the category. I'm also assuming this has some 2014 contributions in there as well given the totals. After that the totals seem to get a bit smaller with other things we have saved up for including purchasing a home, going on vacation, gifting and donating and thankfully we really haven't had to use our emergency fund all that much in the last 5 years! Woohoo. What in the world is going on with Services/appliances/Electronics though? I did a little digging and it looks like it mostly breaks down thus: * $15k landscaping and house projects * $5.5k "we bought a house now we need a washer/dryer/lawn mower etc. for it" * $5k one-time luxury purchases * $4k electronics (phone's/TV/routers etc.) * $2k furniture * $2k misc services (plumbers/chimney sweepers etc.)

I would not have guessed we spent that much on electronics. Holy hell. : Moving on to the next category: Monthly bills https://imgur.com/iaHtkvS

Right off the bat: putting a roof over our heads is expensive. To the tune of nearly 82% of the entire category over the last 5 years. Second observation.. these subcategories are all over the place. "Electricity" and "Utilities"? Oh right.. we basically got lazy sometime in 2016 and decided to stop tracking electricity and lump it in with gas/garbage/water in the "utilities" category. Looking closer at utilities:

  • Nearly $4.5k is from LP.. which just began in 2017 with the home purchase. We need to switch, that's ridiculous!
  • Another $1k in natural gas for the previous 2 years(MUCH CHEAPER)
  • Rest mostly electric with water/trash combining for not even $50/month over the period

Nothing else too exciting about this category. Next up.. every day expenses https://imgur.com/leMPHm7

This one I'm kind of proud of. This is where I feel like we have a lot of control over our spending. Right off the bat, our largest expense is groceries consuming nearly a quarter of the entire subcategories cost. Over 5 years though, that comes out to around $400/month. Not too shabby if I do say so myself! The next highest, homegoods is a bit high for my liking as is miscellaneous but they are what they are I suppose. For our budgeting homegoods is basically things like cleaning supplies, paper products, decorations, health and beauty and so on. Misc are things like car registrations, haircuts, credit card fees, amazon prime etc. For the last year we have only budgeted $50 a month for this category, although looking at purchases from a few years ago it looks like we were just throwing random junk in here that belongs better elsewhere. Maybe I'm not so proud of this master category. Oh well, live and learn I suppose! Last observation: pets are cheap, awesome. Sub categories are clothing/work expenses/and laundry from when we used to have to go to a laundromat.

Now the last category, and my least favorite: debt https://imgur.com/bytFahV

As previously mentioned this was tracking non-mortgage debt. That came down to 2 types for us, a car loan and the dreaded student loans. Actually, I think this category is the one to be the most proud of. We paid off $70k in student loan debt in 3 years. Hell ya. I know that there was at least another $30k dent put in the 3 years before that as well. Took longer than we had hoped, but in the end it's good to have that boat anchor off of our necks. Other than that, not really much to see/say for this category.

Well.. this post got uh.. long and a bit of rambling. I apologize. I more or less did this live. A couple of big takeaways.

  • Tracking your spending like this not only has the power to change your behavior and life, it also allows you to reflect on the life changes that occur and how they impact your finances. The spending over time chart is my favorite I think
  • Refinement along the way is key. When you begin your budget categories may be too granular for you or not granular enough. Tweak as you go and keep moving forward
  • There are always things you can do better and things you rock at. Your assumptions may not always match the facts. The way to tell is to first have the data and secondly to analyze. Short of that you're just guessing. I know I wish I had started sooner to see what the 5 years before this looked like
  • Plan long term where able with your budget. This is not reflected in the numbers posted, but initially we used to plan 1-month ahead in our budget. Then we need a new car. Or furniture. Or <insert expensive thing we had not saved for over the last x months>. The result: scrambling to find the money and spiking the funding of a subcategory for that month in order to cover the expense. Now we try to plan ahead all of those purchases, even the ones that are many years out like a new vehicle so we can spread the cost out over time
  • 5 years is a loooong time.

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The Cheapest Renters Insurance Companies Georgia 2020

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Georgia is one of the most expensive states for renters insurance, as they’re the sixth most expensive state, with premiums around $243 annually in 2017 compared to the average premium of $180 in the United States. Even with the extra cost in Georgia, renters insurance can be affordable and can save you a lot of money if something happens that would require you to use your coverage.

Find the Best Renter Insurance

Enter your ZIP code below and be sure to click at least 2-3 companies to find the very best rate.

When considering renters insurance, there are several things to consider:

  • Personal property: This is the amount that covers your items should they incur damage from fire, flood, weather or other covered events
  • Personal liability: Personal liability covers medical bills for anyone who’s injured in your home or on your property. It can also protect you from expenses if you’re legally responsible for damage on someone else’s property.
  • Loss of use coverage: This provides financial assistance for temporary living expenses if your apartment becomes uninhabitable.

With these factors in mind, how much renters insurance do you need? This depends on the value of the items in your home. To demonstrate, if you’re a college student who doesn’t have many valuable items, you could afford to have a lower personal property amount. Or, if you have collectibles, artwork or other high-priced equipment, you’ll want more protection to cover them. Likewise, if you have a dog that might bite someone, more personal liability protection could be useful.

Best rental insurance companies in Georgia

When searching for the best renters insurance companies in Georgia, consider a provider’s reputation for delivering customer service (the J.D. Power & Associates customer satisfaction survey is a helpful resource), it’s financial strength that indicates if they can pay out claims (AM Best rating) and their price offerings. With this in mind, here are the best of the best:

  • Liberty Mutual: Liberty Mutual earned top marks for its financial strength, as it rated A with AM Best. This indicates the company has strong financial health and should be able to pay its policyholders’ claims.
  • Nationwide: Nationwide made the list on the strength of its customer service. That said, Nationwide tends to be a more expensive option when compared to State Farm or Liberty Mutual.
  • State Farm: State Farm makes the list because they earned a five out of five rating with J.D. Power, demonstrating a high level of customer satisfaction. What’s more, when we did a quote with State Farm, it was the cheapest traditional provider available, with rates beginning at $242 annually.
  • USAA: Last, but certainly not least is USAA. It’s the gold standard for insurance companies because it earned a five out of five overall in J.D. Power’s customer satisfaction ratings. USAA is also among the least expensive providers with some of the most responsive customer service. This company only serves military members and their families.

Taking these things into account, here’s how the top Georgia renters insurance companies measure up to each other:

Provider J.D. Power Rating AM Best Rating BBB Grade
Liberty Mutual 2 out of 5 A A
Nationwide 2 out of 5 A+ A+
State Farm 5 out of 5 A++ A+
USAA 5 out of 5 A++ Not rated

When comparing renters insurance, you will have certain things that are more important to you than others. Because of this, we want to help you in the right direction by providing the best carrier depending on your situation.

Cheapest Georgia renters insurance: State Farm

State Farm is by far the least expensive option available. When we did a quote for them using an Atlanta zip code for $20,000 in personal property coverage, we received a quote for $243 annually. If you combine this policy with an auto policy, it drops the price down to a little over $16 per month.

Best Georgia renters insurance for online options: Nationwide

Nationwide makes it simple to receive a quote within minutes. You visit the website, go to “start my quote” and fill out the required information. Nationwide also offers a mobile app where you can make changes to your policy at any time, which is a simplified way to manage your policy on the go.

Best Georgia renters insurance for customer service: USAA and State Farm

Insurance can be difficult to understand. If you don’t know what coverage you’re receiving, it helps to go with a provider that delivers exceptional customer service. This is where USAA and State Farm separate themselves from the rest of the pack, as both earned top marks in J.D. Power’s customer satisfaction survey.

Frequently asked questions

How much renters insurance do I need in Georgia?

The amount of Georgia renters insurance you need depends upon the value of the items you have. If you have more valuable items, you’ll want a bigger amount to cover you in the off chance they incur damage.

What’s the cheapest renters insurance company in Georgia?

For traditional carriers, you won’t beat State Farm. It offers the lowest rates with the highest customer satisfaction scores. If you’re in the military or have a family member who is in the military, USAA is your best bet. However, your circumstances might make some companies cheaper than others. Get several quotes and ask about discounts you might be eligible for to find the cheapest coverage.

The post The Cheapest Renters Insurance Companies Georgia 2020 appeared first on The Simple Dollar.



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We Spent $68.24 at the Grocery Store This Week (+ our dinner menus)

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Want to see what we bought for this week’s $70 grocery budget? I’m currently challenging myself to stick with a $70 budget for our family of five. This includes almost all of our breakfasts, lunches, snacks, and dinners + most household products (toiletries, laundry soap, etc.).

For live updates, be sure to follow my Instagram Stories. See all posts on my $70 Grocery Budget here.

I was excited to find some great deals at Kroger, be able to stock up on a few things, and stay under budget. Here’s what we bought this week:

Kroger Shopping Trip #1:

  • 4 boxes Creamette Pasta — $0.49 each with the digital coupon
  • Duncan Hines Microwave Cakes (I thought these would be fun to have for a movie night) — marked down to $0.39 each
  • Kroger Hashbrowns — $1.79
  • Fresh Salsa — marked down to $0.99
  • 1 bag of apples — marked down to $0.99
  • 4 jars Kroger peanut butter — $0.99 each after digital coupon
  • 1 jar natural Kroger peanut butter — $1.79
  • Kroger cheese (16 oz.) — $3.99
  • Pillsbury Pie Crust — marked down to $0.99
  • 3-lb bag of Gala apples — $3.99
  • 2 lbs ground beef — marked down to $1.99 each
  • 3 bottles Odwalla juice — marked down to $0.99 each
  • 2 boxes Kroger cereal — $1.49 each
  • Milk — $2.79
  • Half & Half — $1.99
  • Total with tax: $38.38

Kroger Shopping Trip #2:

  • 2 boxes Kroger cereal — $1.49 each
  • Hostess Cupcake Dessert Mix — marked down to $0.39
  • 2 cans Chef Boyardee — marked down to $0.19 each
  • Simple Truth Refried Beans — marked down to $0.39
  • 4 bags Kroger Frozen Veggies — $1 each
  • Lemi-Shine Dishwasher Tabs — marked down to $0.89
  • 5 packages of Pampers wipes — $0.99 each with Friday-Saturday digital coupon
  • 2 Stayfree pads — $1.69 each when you buy 5 participating items, used $3/2 Kroger digital coupon = $0.19 each
  • 2 Suave shampoo/conditioner — $0.99 each when you buy 5 participating items, used $1/2 Kroger digital coupon = $0.49 each
  • Kellogg’s Raisin Bran — $1.79 when you buy 5 participating items
  • Milk — $2.99
  • Simple Truth Eggs — marked down to $1.49
  • Total with tax: $29.86

Our Menu Plan This Week

Note: When you see the meals below, please remember this: I buy ahead often. Which means that when I find a great deal on something I know we’ll use, I buy as much as I can afford in our budget to have on hand.

This means that you aren’t going to see all of the groceries my shopping trip that I used to make all of the meals we ate.

Please also remember that I’m putting this out there and it’s not a perfectly balanced menu. This is just really what we ate — and I hope that it encourages you to see the real-ness and lack of perfection here.

Breakfasts: Cereal

Lunches: Leftovers, Salad, Apples/Peanut Butter, Mac & Cheese, Yogurt, Cookies, Chips, Random other markdowns/sale items 🙂

Dinners: 

Sunday: Leftovers + Mac & Cheese

Monday: Breakfast Casserole (recipe sent to me by a follower)

Tuesday: Fend for yourself + leftovers

Wednesday: Tyson Anytizers, Broccoli, Brown Rice

Thursday: Chicken Tetrazinni, Green Beans, Bran Muffins

Friday: Pumpkin Waffles, Bacon (Jesse & I went out to dinner with a gift card we were given by his parents — we’re trying to get in some dates before the baby gets here!)

Saturday: Dinner out (Kathrynne had an out of town basketball tournament)



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