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Using a credit card will always impact your credit score. Whenever this impact is negative, it can affect your eligibility for future loans and grants. This is where the Vanilla Prepaid Visa Card comes in.
This card is just like a regular gift card with which you can shop in online stores. The major difference is that it works on the Visa network. Before you jump on this prepaid card, take a moment to peruse this article to gain in-depth knowledge about the card.
Vanilla Prepaid Visa Card overview
The Vanilla Prepaid Visa Card acts as a gift card that you can use for online purchases. The card is prepaid, which means that the amount you want on the card is the same as the cost of getting the card.
So, a $250 Vanilla Prepaid Visa Card will contain a total amount of $250 in it. This is the same for all other denominations. Also, whenever you run out of money on your card, you can simply get another prepaid card. This way, you can have many prepaid cards at your disposal.
To access this prepaid card, visit any retail shop like Walmart or pharmacies online, and you’d process and receive the card instantly. You do not need to schedule an appointment with any financial institution.
Vanilla Prepaid Visa Card Denominations
- Vanilla $50 prepaid Visa.
- Vanilla $75 prepaid Visa.
- Vanilla $100 prepaid Visa.
- Vanilla $150 prepaid Visa.
- Vanilla $250 prepaid Visa.
Essential information
Listed below is essential information that every Vanilla Prepaid Visa Cardholder should know.
Network
Visa
Provider
Vanilla
Card Type
Prepaid Visa
Rewards
The benefits that this card offers are explained as follows:
$0 Maintenance Charges
The card maintenance for this prepaid visa card is free. You do not have to pay a dime on maintenance after purchasing the card till you exhaust all the funds in it.
No Need For Personal Identification Number (PIN)
This is another amazing reward for using a Vanilla prepaid visa card. Your PIN isn’t a requirement. So, it is a great opportunity to get your hands on a visa card if you’re below 18.
No Credit Score Requirement
Getting a traditional Visa Card usually requires a good credit score. However, this prepaid visa card doesn’t have this as a requirement. Whether your credit score is above average or too low, you can get the card.
Shop Online
All denominations of vanilla Visa gift cards can be used for online shopping. However, not all stores accept it like traditional Visa cards.
Card Doesn’t Expire
Unlike regular visa cards out there, the vanilla prepaid visa doesn’t have an expiration date. However, the card is not reloadable. So, once you’ve used up the amount in it, you have to buy another.
Easy Access
You can access this prepaid card easily. Since you don’t have to visit any financial institution, the entire process of getting this card can be completed within minutes at most retail shops.
Costs and Fees
Using the vanilla prepaid visa is free. It’s like having money in your pocket and paying your bills with it. Like the wallet in your pocket won’t be charged, neither will the prepaid card.
However, foreign transactions on this card attract 2.5% charges per transaction. Also, you’d have to pay a card activation fee between $3.95 and $8.95, depending on the card denomination you buy.
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