Credit Cards

Prepaid Credit Cards (Continuously Updated)

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  • Oct 15th, 2018 9:45 pm
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Aug 24, 2016
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vkizzle wrote:
Jan 9th, 2018 6:50 am
I didn't get charge tax on the onevanilla?
I didn't either
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Aug 22, 2011
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coolintheshade wrote:
Jan 9th, 2018 7:36 am
I didn't either
Maybe it's BC only?
Going to buy paypower cards going forward to minimize the $6.95 activation charge, as $200 is too little; as I've already used $130.xx filling up two vehicles last week.
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Nov 9, 2015
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vkizzle wrote:
Jan 9th, 2018 8:21 am
Maybe it's BC only?
Going to buy paypower cards going forward to minimize the $6.95 activation charge, as $200 is too little; as I've already used $130.xx filling up two vehicles last week.
$200 is the max for Paypower?
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Nov 9, 2015
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EdisonL299 wrote:
Jan 9th, 2018 12:51 am
Check Sobeys stores. They should have PayPower MCs too...
For OneVanilla cards, just call 7-11s one by one, and ask. Save you much time! Smiling Face With Sunglasses
I checked some Sobeys. They didn’t have them.

The search goes on :)
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vkizzle wrote:
Jan 9th, 2018 8:21 am
Maybe it's BC only?
Going to buy paypower cards going forward to minimize the $6.95 activation charge, as $200 is too little; as I've already used $130.xx filling up two vehicles last week.
On the packaging of the card, it says 7.95+taxes for activation, but I’m 100% certain the guy never charged the tax.
I’ve seen PayPower cards at Safeway, but never checked out the packaging to see the max load value.
Is PayPower better for some reason?
I only purchased the One Vanilla cards because the 7-11 I get them from, I pass by on my way to and the way home from work, so it’s very convenient.
For me to go to Safeway, Sobeys or Save on Foods, to purchase PayPower, would be going way out of my way, unless I’m already going there for groceries.
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sundawner1 wrote:
Jan 9th, 2018 8:53 am
$200 is the max for Paypower?
coolintheshade wrote:
Jan 9th, 2018 8:57 am
On the packaging of the card, it says 7.95+taxes for activation, but I’m 100% certain the guy never charged the tax.
I’ve seen PayPower cards at Safeway, but never checked out the packaging to see the max load value.
Is PayPower better for some reason?
I only purchased the One Vanilla cards because the 7-11 I get them from, I pass by on my way to and the way home from work, so it’s very convenient.
For me to go to Safeway, Sobeys or Save on Foods, to purchase PayPower, would be going way out of my way, unless I’m already going there for groceries.
Supposedly, the non-reloadble card only goes up to $200 and I was hoping to buy the paypower card at $500 and only have to pay activation once (whether that be 6.95 or 7.95); versus buying in $200 denominations and paying $6.95x2

I just checked my AMEX transaction for the non-reloabled card and it was $206.95 (no tax here in ON).
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vkizzle wrote:
Jan 9th, 2018 10:13 am
Supposedly, the non-reloadble card only goes up to $200 and I was hoping to buy the paypower card at $500 and only have to pay activation once (whether that be 6.95 or 7.95); versus buying in $200 denominations and paying $6.95x2

I just checked my AMEX transaction for the non-reloabled card and it was $206.95 (no tax here in ON).
Yeah I buy the One Vanilla $500 value at 7-11 for 7.95 activation, so even that is still better than what you paid if you can find a 7-11 that carries them. And they are categorized as grocery for the bonus on Scotia Amex/Cobalt.
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coolintheshade wrote:
Jan 9th, 2018 10:58 am
Yeah I buy the One Vanilla $500 value at 7-11 for 7.95 activation, so even that is still better than what you paid if you can find a 7-11 that carries them. And they are categorized as grocery for the bonus on Scotia Amex/Cobalt.
No 7-11 in Ottawa anymore and Food Basics near me, only carries $200 non-reloadable.
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coolintheshade wrote:
Jan 9th, 2018 10:58 am
Yeah I buy the One Vanilla $500 value at 7-11 for 7.95 activation, so even that is still better than what you paid if you can find a 7-11 that carries them. And they are categorized as grocery for the bonus on Scotia Amex/Cobalt.
If you can find a 7-11 that also sells Petro Can gas, you should get Petro Can points for buying all prepaid cards, but not normal gift cards, at least in my store.
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Dec 2, 2017
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sundawner1 wrote:
Jan 9th, 2018 8:54 am

I checked some Sobeys. They didn’t have them.

The search goes on :)
If you are near etobicoke, try the one on the Queensway and park lawn, they have $500 paypower for sure
Most metro stores have $500 paypower as well
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cahk wrote:
Jan 10th, 2018 1:27 am
Gift cards are exempt from GST.
https://www.canada.ca/en/revenue-agency ... cates.html
But prepaid cards are different:
Example 10 – Bank gift card
Facts
SponsorCo sells a stored‑value gift card issued by BankCo that is accepted as a means of payment for supplies made by various merchants. BankCo and SponsorCo’s logos and a credit card brand are on the card. Cardholder purchases are limited to the amount of money loaded onto the card. The card is neither a debit card (it does not access an individual’s bank account at the bank) nor a credit card (it does not access previously granted credit and it is not possible to spend more than the amount remaining on the card).

At the time of purchase, SponsorCo charges a fee to the cardholder to initiate the card, load the card and open an account with BankCo. SponsorCo undertakes all activities necessary to set up the card account. In order to manage the transactions made with the card, BankCo sets up an account in respect of the card, to which all funds are credited and from which all charges are debited. BankCo charges a fee to the cardholder for the maintenance of such an account.

Issue
Does section 181.2 apply to the sale of the gift card?

Comments
Section 181.2 does not apply to the sale of the gift card. Although the card has some attributes that are similar to a gift certificate (e.g. a monetary value stored on it), this type of gift card is not a gift certificate.
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Does anyone know if the reloadable PayPower Mastercard reload fees scale with the amount you load? I know it's $4.95 for $500, just wondering if it scales/if there are cutoff points...

Also, is there a list of places you can load the damn thing? The website is useless. I tried CircleK the other deal and it didn't work.

Thanks!
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cahk wrote:
Jan 10th, 2018 1:27 am
Gift cards are exempt from GST.
https://www.canada.ca/en/revenue-agency ... cates.html
The loaded value of the gift card is exempt from GST, but the activation fee is a “service” and would be subject to the Goods and Services Tax.
Besides that, a prepaid credit card would not fall into the same category as regular gift cards I don’t think.
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daverobev wrote:
Jan 12th, 2018 8:50 am
Does anyone know if the reloadable PayPower Mastercard reload fees scale with the amount you load? I know it's $4.95 for $500, just wondering if it scales/if there are cutoff points...

Also, is there a list of places you can load the damn thing? The website is useless. I tried CircleK the other deal and it didn't work.

Thanks!
I’m avoiding the reloadable because they seem to have a monthly maintenance fee from what I’ve seen.
Some even have a per transaction fee!
I pay 7.95 activation for One Vanilla $500 load, which is more than what you pay for your PP, but there is no additional fees after purchase with the One Vanilla.
And they’re readily available at 7-11 which counts as grocery on my Scotia Amex for 4% return.

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