Credit Cards

Prepaid Credit Cards (Continuously Updated)

  • Last Updated:
  • Dec 16th, 2018 1:03 am
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Deal Fanatic
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Aug 24, 2016
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ml88888888 wrote:
Jan 3rd, 2018 3:08 am
Do you know how to reload the prepaid card? I don't think you do because you have never done it before. You must be thinking that you can not use cc to reload.
You go back to any 7-11 store and buy a reload PIN using any cc and continue to earn points on your cc.
You’re right, I have never done it before,
Now why couldn’t you just mention all this in your last post?
I guess if the fees make sense, and you can load $500 plus on it with a credit card at 7-11, then your way could make more sense.
Although most times with relioadables, there are other fees like monthly maintenance fees on top of reload fees.
I’ll have to look into that.
Jr. Member
Oct 1, 2008
126 posts
61 upvotes
So today I bought one PayPower card from Food Basics and loaded with $500 and a MC Vanilla Prepaid $500 from 7-11. When I setup the Paypower online (registered with address), there is also a PIN setup. Do I use a PIN when I swipe the Paypower card? Example: Swipe Paypower at Costco til, then type in PIN number? First time buying gift cards with my new Cobalt card.
Sr. Member
Feb 17, 2017
728 posts
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Calgary
forexnut wrote:
Jan 3rd, 2018 7:04 pm
So today I bought one PayPower card from Food Basics and loaded with $500 and a MC Vanilla Prepaid $500 from 7-11. When I setup the Paypower online (registered with address), there is also a PIN setup. Do I use a PIN when I swipe the Paypower card? Example: Swipe Paypower at Costco til, then type in PIN number? First time buying gift cards with my new Cobalt card.
The PIN is just for ATMs, it's just swipe and sign (Or no signature at all at some merchants on low value payments) for everything else.
Jr. Member
Oct 1, 2008
126 posts
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CanadianSpruce wrote:
Jan 3rd, 2018 7:13 pm
The PIN is just for ATMs, it's just swipe and sign (Or no signature at all at some merchants on low value payments) for everything else.
Cool thanks!
Jr. Member
Oct 1, 2008
126 posts
61 upvotes
So after reading the Paypower card holder agreement, I'm still confused on the monthly fee of $4.95. Is this fee charged to my preloaded $500 (plus 6.95 activation charge) after a month if I still have unused balance? Or is this monthly fee only charged if you make the card reloadable? So effectively a reloadable card would cost 4.95 at the merchant reload plus 4.95 for the monthly fee (9.90 total)?
Newbie
Dec 2, 2017
60 posts
23 upvotes
forexnut wrote:
Jan 3rd, 2018 8:55 pm
Or is this monthly fee only charged if you make the card reloadable? So effectively a reloadable card would cost 4.95 at the merchant reload plus 4.95 for the monthly fee (9.90 total)?
yes
Deal Addict
Jan 19, 2017
1189 posts
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EdisonL299 wrote:
Jan 3rd, 2018 11:54 pm
It seems they are very similar. So what are the advantages buying MyVanilla over OneVanilla?
The main difference is ATM withdrawl which you can use it to earn points on your cc purchases.
Jr. Member
Oct 1, 2008
126 posts
61 upvotes
Using a Prepaid MC at Costco. I have the Paypower and the OneVanilla both with 500 on them. Do I use them as a debit transaction or a regular credit transaction with swipe (no chip)?
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Apr 24, 2017
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forexnut wrote:
Jan 4th, 2018 11:49 am
Using a Prepaid MC at Costco. I have the Paypower and the OneVanilla both with 500 on them. Do I use them as a debit transaction or a regular credit transaction with swipe (no chip)?
It’s still treated as a credit card. It’s a regular credit transaction with swipe and signature.
😎 "How do you like to pay?" "American Express!" 😄
Sr. Member
Feb 17, 2017
728 posts
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Calgary
forexnut wrote:
Jan 4th, 2018 11:49 am
Using a Prepaid MC at Costco. I have the Paypower and the OneVanilla both with 500 on them. Do I use them as a debit transaction or a regular credit transaction with swipe (no chip)?
The best way think of Debit and Credit is really Interac (=Debit), Visa/MC/Amex (=Credit) regardless of what the card actually is. This throws off so many tourists in Canada who are using Visa/MC debit cards and get their card declined because they've said debit when they need to be saying credit even through its a debit card.
Newbie
Dec 26, 2017
10 posts
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ml88888888 wrote:
Jan 4th, 2018 3:36 am
The main difference is ATM withdrawl which you can use it to earn points on your cc purchases.
i am looking for a reloadable card which i can earn cc rewards by buying and reloading, and withdraw cash to pay cc bills.
where can i find myvanilla $500 cards? at 7-11/safeway/save on food?
so i can reload it with cc at 7-11?
is the monthly fee starts right after i register myvanilla online?
if i don't use the card anymore, and there's no money left on the card which they can't deduct the monthly fee from, will they send bill to my home?

thank you very much!
Deal Addict
Jan 19, 2017
1189 posts
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soloflying1 wrote:
Jan 5th, 2018 3:11 am
i am looking for a reloadable card which i can earn cc rewards by buying and reloading, and withdraw cash to pay cc bills.
where can i find myvanilla $500 cards? at 7-11/safeway/save on food?
so i can reload it with cc at 7-11?
is the monthly fee starts right after i register myvanilla online?
if i don't use the card anymore, and there's no money left on the card which they can't deduct the monthly fee from, will they send bill to my home?


thank you very much!
Yes, you can buy the card & reload PIN using cc at 7-11. If you just want to reload and take cash out from ATM without using it for normal spending, then don't do it because Myvanilla card company will cancel your card for suspicious activity.
read this : https://www.myvanillacard.com/fees.html#!
Newbie
Dec 26, 2017
10 posts
2 upvotes
ml88888888 wrote:
Jan 5th, 2018 3:32 am
Yes, you can buy the card & reload PIN using cc at 7-11. If you just want to reload and take cash out from ATM without using it for normal spending, then don't do it because Myvanilla card company will cancel your card for suspicious activity.
read this : https://www.myvanillacard.com/fees.html#!
oh~good to know~maybe i'll use it for some purchases and sometimes for cash.

if i don't use the card anymore and there's no money left on it, do they still charge me monthly fees sending me bills?
or just deduct whatever money left on the card?
Deal Addict
Jan 19, 2017
1189 posts
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soloflying1 wrote:
Jan 5th, 2018 11:19 am
oh~good to know~maybe i'll use it for some purchases and sometimes for cash.

if i don't use the card anymore and there's no money left on it, do they still charge me monthly fees sending me bills?
or just deduct whatever money left on the card?
This is from the user agreement : 'In the event that there is not a sufficient Balance on the Card to pay monthly fees, we may deactivate the Card without notice.'.
you can read the whole doc here : https://gprassetscdn.incomm.com/static/ ... Canada.pdf

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