#My vanilla card activate code#
#My vanilla card activate license#
#My vanilla card activate free#

He has a master’s degree in Finance and Investment Management from the University of Aberdeen Business School (Scotland) and has completed several courses and certificates in finance, including the Canadian Securities Course.

KOHO Prepaid MastercardĮnoch Omololu is a personal finance expert and a veterinarian.

#My vanilla card activate free#

The following prepaid cards are free and offer benefits, including cash back rewards, access to early paycheques, and more.

It does not offer any rewards, such as cash back.

You cannot transfer your balance to another prepaid card.

The Vanilla Prepaid Card cannot be used for recurring billing.

It cannot be used at ATMs or for withdrawing cash at point-of-sale.

The card is not reloadable, and there is a $500 maximum limit for balances and daily spend.

The card is not accepted at gas stations.

There is an activation fee ranging between $3.95 and $7.95.

There are many limitations and downsides to the Vanilla Prepaid Card: There are no credit checks, and you get a card that works in most places where either Visa or Mastercard are accepted.Īlso, your funds don’t expire, and you can request a replacement card when your prepaid card has expired. The main benefit of this card is that you can simply walk into a store and buy it. There is also a 2.5% foreign exchange service fee when you make payments in a currency other than Canadian dollars. There is an initial activation fee when you purchase the card.įor the Vanilla Prepaid Visa, the activation fees are as follows: Denomination

You can accomplish this by logging into your online account.

#My vanilla card activate code#

For online purchases, you will need to add your postal code to your card. When making a payment, simply present your card as you would for a credit card transaction. It is also recommended that you write down the card number and customer service number in case the card becomes lost or stolen. Related: Best Virtual Credit Cards in CanadaĪfter purchasing the Vanilla Prepaid Card, you need to sign it on the back. Vanilla prepaid cards can be purchased at several retailers like Walmart, 7-11, London Drugs, Best Buy, Petro-Canada, Giant Tiger, Shell, and Ultramar. In addition to these two prepaid cards, you may also have come across other Vanilla products, including:

#My vanilla card activate license#

Both the Vanilla Prepaid Mastercard and Vanilla Visa Prepaid Card are issued by Peoples Trust Company, under license from Mastercard and Visa, respectively. The two prepaid cards are not reloadable, which is a major downside. The Vanilla Prepaid Mastercard is available in $25, $50, $100, and $200 denominations. they are not credit cards, and you can only spend the funds already loaded on the card.įor example, if the card you purchase has a $100 denomination, the most you can spend with the card following activation is $100. Vanilla Prepaid Cards are “prepaid cards,” i.e. Vanilla Prepaid Card FAQ What is the Vanilla Prepaid Card?