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MyVanilla Prepaid Card is a safe and easy-to-use prepaid card used for everyday transactions. It doesn’t require any credit check and is accepted anywhere Visa debit cards or MasterCard is allowed.

Instead of carrying cash, MyVanilla Prepaid Card is another alternative for secure payment as it requires complete ID verification when using Direct Deposit and VanillaDirect Load. Additionally, it is covered by the Visa Zero Liability Policy (U.S issued cards only and excludes ATM transactions).

Essential information

Network

Visa

Provider

The Bancorp

Card type

Prepaid Visa Card

Card features

• Deposit funds easily with Direct Deposit and VanillaDirect Load (using complete ID verification), allowing you to shop more accessible than ever.
• Get real-time notifications on updated transactions and account balances (standard text and data rates may apply).
• Transfer funds safely between MyVanilla Card accounts.
• Use MyVanilla Prepaid Card as a money management tool, as it allows you to put in an amount depending on your budget.
• Accepted in millions of locations worldwide, in-store and online.

Security

• A safe and secure way to pay instead of carrying cash, as it is covered by the Visa Zero Liability Policy (U.S issued cards only and excludes ATM transactions).

Cost and fees

Account, maintenance, & transaction fees

• $0 monthly/annual fee
• $3.95 dormancy fee when account activity is inactive during the last 90 days.
• $0.95 signature purchase transaction fee
• $0.95 PIN debit purchase transaction fee

Management fees

• $0 for an online account
• $0 for MyVanilla app
• $0 for text alerts
• $0 for customer service

Cash withdrawals fees

• $1.95 domestic ATM cash withdrawal fee in the United States
• $4.95 international ATM cash withdrawal fee outside the United States
• $0.75 ATM transaction decline fee
• $1.95 over the counter cash withdrawal fee

Deposit fees

• $0 for direct dpeosit
• Up to $3.95 per reload transaction at a VanillaDirect load retailer
• $0 bank transfers from your bank account to your MyVanilla Prepaid Card
• $0 card to card transfers via the MyVanilla website
• $4.95 card to card transfer via Customer Care phone service
• 5% remote check deposit (third-party) Ingo Money – subject to change, check ingomoney.com for more information.

Balance inquiry fees

• $0 balance inquiry via MyVanilla website
• $0 balance inquiry via MyVanilla app
• $0 balance inquiry alerts (standard text rates may apply)
• $1.00 per inquiry at ATM
• $0 balance inquiry via Customer Care

Miscellaneous

• 3.5% international transaction
• $4.95 per statement if you choose a paper statement
• $6.00 per replacement card via standard mail
• $21.00 per replacement card (expedited shipping)
• $9.95 for balance liquidation fee

Account limits

Everyday card limits

• Daily ATM withdrawal – $400 limit per transaction (limit 5 transactions per day & daily ATM withdrawal limit of $2,000).
• Monthly Domestic ATM Withdrawal – $2,500
• Monthly International ATM Withdrawal – $2,000
• Daily maximum cash withdrawal in any combination from ATM, POS, and over-the-counter – $5,000
• Monthly maximum cash withdrawal in any combination from ATM, POS, and over-the-counter – $7,500
• Pre-authorization expiration period – 7 days (for pay-at-the-pump purchases), 30-60 days (depending on purchase type)

Deposit limits

• Minimum Direct Deposit (ACH) Load Amount – $0.01
• Maximum Direct Deposit (ACH) Load Amount – $9,999
• Maximum VanillaDirect Load Amount – $500
• Maximum VanillaDirect Load frequency – 5 per day
• Maximum Daily VanillaDirect Load Amount – $2,500
• Maximum Monthly VanillaDirect Load Amount – $5,000

Card-to-card transfer limits

• Daily Card-to-Card Transfer – $500
• Monthly Card-to-Card Transfer – $2,000

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