Vanilla visa card has more unique characteristics and annual fees are not mandatory for utilizing this card. Vanilla visa card gives you spending flexibility all over the world while keeping your account safely and conveniently at your fingertips. Using My Vanilla makes money management simple by helping you to track spending and monitoring expenses.
The funds can be added easily with Direct Deposit and by Vanilla Direct Load. By setting text alerts updated balances and transactions can be seen. The funds can be transferred securely between My Vanilla Card and accounts. Standard text and data rates may apply. By using My Vanilla card balance, as a money management tool in your pocket, the expenses spent can be made a connection to your account. It can be used at millions of locations worldwide, and in many online stores.
The advantage of plain vanilla cards is almost the equivalent from one financial enterprise to the successive, while the card’s credit margin also counts on the cardholder’s credibility.
The Bancorp Bank, that issues this visa card is to empower an authorization from Visa U.S.A. Inc, so that card can be utilized wherever Visa debit cards are approved.
It is convenient to use this prepaid card for purchase at Walmart Canada stores. These cards can be repaid at millions of locales where Master and Visa cards are approved, including at retail marts and online marts.
An activation fee has to be paid for the activation of the card. No fee will be charged after activation, except for foreign business commerce. Users can refer Cardholder agreements for more details at www.vanillaprepaid.com.
Users can make payment through this card simply by swiping this card at the time of payment. The balance available in the card will be reduced in correspondence with the value of the purchase.
To purchase a commodity that costs besides the balance accessible on Vanilla Prepaid Visa card, the user can typically use the card in blend with a second payment mode such as cash or credit/debit card for the variation amount.
The finance available in the card cannot be transferred to another prepaid card and this card cannot be used in gas pump terminals.
All prepaid cards will have expiry dates on them and so vanilla prepaid visa card will also have an expiry date. Users’ funds do not expire even after the expiry of the card. Users can get a new card with their unused funds with an extended expiry date.
To cover any incidental expenses some merchants may pre-authorize the transaction amount for the purchase with 20% above the purchase amount to ensure there are sufficient funds available in the card. If the card balance is not sufficient to cover the expenses, the transaction will be declined.
Available card funds will be on hold until the merchants send the final payment for the user’s purchase. The amount on hold will be released, the amount on hold in excess of the final payment will be released. For removing the pre-authorization hold it may take a maximum of seven days, during which the user cannot access the amount held.
