- IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW CARD ACCOUNT: To help the government fight the
funding of terrorism and money laundering activities, federal law requires all financial institutions to
obtain, verify, and record information that identifies each person who opens a Card Account. What this means
for you: When you open a Card Account, we will ask for your name, address, date of birth, and other information
that will allow us to identify you. We may also ask to see a copy of your driver’s license or other identifying documents.
In accordance with federal regulations, until it is activated and registered, a prepaid card is subject to initial load limitations,
may not be used for ATM use, international transactions or account-to-account transfers, or be reloaded. Residents of the State of
Vermont are ineligible to open a Card Account.
- Faster access to funds is based on comparison of NetSpend’s immediate availability policy versus the typical banking practice
of only posting funds after settlement. Direct Deposit and earlier availability of funds are subject to payor’s support of
this feature and timing of payor’s funding. Check with your payor to find out when the direct deposit of funds will start.
- Money transfers may only be made in the name of a valid PayPal Prepaid Card Cardholder and your PayPal Prepaid Card must be activated
and linked with your PayPal Account at www.paypal.com. Only one (1) PayPal Prepaid Card may be linked to one (1) PayPal Account.
If a member of your household has another PayPal Prepaid Card Account, another PayPal Account in that person’s name is needed.
Transfers from the PayPal Account to the PayPal Prepaid Card Account are limited to the amount of funds available in your PayPal
Account and may not exceed $300 per 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
Card Account. Transfers from the PayPal Account to the PayPal Prepaid Card Account cannot be reversed or canceled.
- Use of this Card requires a PayPal Account. If you do not already have a PayPal Account you will link to this Card, visit
www.paypal.com to get one - or, get one when you activate this Card online. You will not be able to go online to access balance
information, your transaction history, Instant Transfers, the mobile app, and the optional savings account unless you link a
PayPal Account to this Card. The Bancorp Bank and MasterCard are not affiliated with, and neither endorses nor sponsors the PayPal.com
online account to which various funding sources, including a PayPal Prepaid Card, may be linked.
- Fee may be assessed by reload location and may vary from location to location.
The PayPal Prepaid MasterCard is issued by The Bancorp Bank, Member FDIC, pursuant to license by MasterCard International Incorporated.
NetSpend, a TSYS® Company, is an authorized representative of The Bancorp Bank. Certain products and services may be licensed under
U.S. Patent Nos. 6,000,608 and 6,189,787. Use of the Card Account is subject to funds availability and ID verification. Transaction
fees, terms, and conditions apply to the use and reloading of the Card Account. See the Cardholder Agreement for details.
MasterCard and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated.
PayPal and the PayPal logo are registered trademarks of PayPal, Inc. Designated trademarks and brands are the property of their respective owners.
© 2016 Total System Services, Inc.® All rights reserved worldwide. TSYS and NetSpend are federally registered U.S. service marks of Total
System Services, Inc. All other trademarks and service marks belong to their owners.