A prepaid credit card is convenient in that it is an alternative to transferring cash or issuing checks. Vanilla offers simple purchase transactions, can be used for free long-distance phone calls, cash withdrawals at ATMs, money transfers and bill payments.
When you deposit on the card, you are ready to use it as cash. You can replenish it at any time and for any amount.
And it can be used where MasterCard is accepted, including in online stores and stores. You will have no problem issuing checks or loading cash to cover your expenses.
Phone calls
One of the best features is that you can use it for free long distance and international phone calls. You never have to worry about transferring a phone card again.
When you replenish your account by depositing money into your account, you will benefit from free phone calls. All you need to start using your phone time is to call our toll free number. Then dial your long-distance number and talk with family and friends.
Reloading your prepaid card
You can arrange with your employer to deposit your salary directly into your account. No more trying to get to your bank before it closes or waits in long lines.
Your money will be ready for use on accounts, products or other needs when you need it. You can also recharge anywhere in the Vanilla network. The Vanilla network includes outlets and well-known retail chains such as CVS, Walgreens, and Rite-Aid.
Cash machine
If you prefer to use cash for your expenses, you can use one of the thousands of ATMs. You must use a personal identification number (PIN) to withdraw funds.
Bill payment
If your lender or government service accepts payments with MasterCard, you can simply call the company and pay by phone. Another option is to call the toll-free customer service number and pay in this way. You can also make payments from your online account.
Money transfers
If you need to send cash to your family members, your account can connect to additional cards and you can transfer funds at any time. This is a great idea if you have a college student away from home or a family member who travels. You can be sure that they will have access to cash immediately.
But with a vanilla prepaid mastercard, your relationship is different. You preloaded your map; the money is already yours, and the company that issued the prepaid card cannot change the terms about you.
Summary
If you start thinking that paying on the go is a better way to manage your finances than using expensive credit cards, then you are the perfect candidate for a prepaid debit card. Do yourself a favor and learn more about this popular and powerful budget and financial tool.
