The Visa AdvantageJanuary 7th, 2013 | Posted by in prepaid credit card
As we have discussed extensively on this blog, there are many significant advantages to choosing a pre-paid debt card: the freedom to not carry cash, ownership of plastic without the worry of credit approval or the racking up of credit card debt, and the ease of direct deposit without the bother of a bank. But, you may well ask, what’s the difference between Visa Imperial and other brands of pre-paid cards?
The answer is that Visa provides you solid security and few more benefits. Visa makes money by processing transactions between the money’s source and the place of purchase, whether it’s Amazon.com or your local grocery store. It is a payment network, and because millions of sellers accept millions of purchases every day around the world, the banks themselves use Visa to process those transactions. If major banks trust these guys, you definitely can.
But where you, as a pre-paid Visa card customer can jump on the bandwagon is in the benefits Visa offers across the board. If you lose your card, we will replace it. A representative will guide you through the process and the funds you had in the previous card will be transferred to the new card and the stolen or lost card will be blocked from use. There is no charge for direct deposit, nor for ATM withdrawls. Basically you have all the trusted guarantees of Visa, but with the freedom to manage the amount of money on your card.