VANILLA VISA BALANCE INQUIRY REGISTRATION

If you use a prepaid card to book a hotel room, some hotels will immediately reserve funds on the card to hold the room.Check your balance after using your prepaid card. This may limit the amount of money available. Restaurants, businesses that provide a service, hotels, car rental agencies or pay-at-the-pump gas stations may put temporary holds on the money on the card. Holds on funds when using your prepaid card Find out if the merchant or service provider accepts prepaid cards. Check your agreement and ask your issuer. You may be able to pay bills with a reloadable prepaid card. The issuer deducts the fee from the remaining balance before you get any money back.Ĭheck the card’s terms and conditions for more details. Some card issuers will allow you to cancel the prepaid card for a fee. The only way to access the funds is to use the card. Generally you can’t cancel a prepaid card. Take time to review your prepaid card agreement so that you’re aware of any expiry dates, fees or limits.įind out what key details your financial institution must give you when you get a prepaid card. Reviewing the terms and conditions of a prepaid cardĮach prepaid card has different terms and conditions.

VANILLA VISA BALANCE INQUIRY REGISTRATION

To register a prepaid card, you usually have to give the card issuer the card’s registration number and your contact information. Unauthorized transactions are transactions you didn’t make or approve. You must register your card to be protected from unauthorized transactions if it’s lost or stolen.

there‘s a hold on the funds on the card.

the balance isn’t enough to pay for the purchase.

the merchant doesn’t accept prepaid cards as a form of payment.

Using a prepaid cardīefore buying the card, find out if the places where you shop accept the card, such as:Ī merchant can decline a prepaid card if: Prepaid cards from federally regulated financial institutions must provide a toll-free number so you can check your balance. You may have to pay a fee to check your balance. Most prepaid cards offer several ways to check your balance and transactions, including: For example, if a $50 prepaid card has an activation fee of $4.95, then the actual amount of money on the card is $45.05. If there’s an activation fee, it takes money from your card. They can be a flat fee or can depend on the card’s value. Some prepaid cards charge an activation fee or purchase fee.

maintain your card if you don’t use it for a certain period.

transfer the remaining funds onto a new card.

Review the terms and conditions of your prepaid card to find out what fees apply.ĭepending on the kind of prepaid card you have, you may need to pay fees to: Fees to use a prepaid cardįees can lower the value of your prepaid card. Read the card agreement carefully for details about the terms and conditions. Note the following about promotional prepaid cards: Like other prepaid cards, they link to a payment card network. You may get a prepaid card as part of a promotional, loyalty or award program. The card issuer may charge you a fee for these services.

send you a cheque for the remaining balance on the expired card.

If your prepaid card expires and it still has money on it, contact the prepaid card issuer. Replacing a prepaid card after it expires

you usually won’t have to pay for transactions you didn’t make or approve.

you may be able to make cash withdrawals.

you may have to pay a fee to reload the card.

you can reload the card as many times as you want until it expires.

Note the following about prepaid cards issued by a financial institution: For example, you may use a prepaid Mastercard at a store that accepts Mastercard credit cards.

You can use the prepaid card at most merchants that accept credit cards from the same payment card network. The payment card network logo will be on the card. Prepaid cards issued by a financial institution link to certain payment card networks, such as: Prepaid cards issued by a financial institution There are different types of prepaid cards. When you use the card, the merchant deducts the amount you use from the total amount on the card. Prepaid cards can be either physical or electronic. A prepaid card is a payment card that you can use to pay for purchases.

Vanilla visa balance inquiry