OneVanilla Prepaid Cash Card is an easy, safe, and convenient method to handle the cash of the clients. Since one Vanilla is not a regular credit card, there are no verification checks to go through nor is there any paper forms to sign. The OneVanilla prepaid card is an ATM debit-like option to a regular bank account.
The cash that can be loaded into the debit card consists of cash from the checking account and any gift cards that are in use at the time of application. One will be able to withdraw money from ATM when the balance of money in the account falls below the amount required for the purchase of products or services being purchased by the client. There is no credit check, as it is done electronically. This means that you do not have to worry about the safety of your personal data like passwords.
Withdrawal limits for the account are set according to the current account balance. These limits do not apply to the funds already withdrawn from the account. You can withdraw money when you have access to the internet or a landline. The withdrawal can also be done at a local branch, if you prefer not to make use of a machine. The withdrawal charges will depend on the type of card you have and its location.
Debit cards are available in two types: MasterCard and Visa. The MasterCard has a higher limit for transactions. On the other hand, the Visa card has a lower limit than MasterCard. Both cards will charge you a fee for using their services.
Onevanilla prepaid cards do not work as debit cards at all. They are just a convenient way of transferring the deposited money to a regular account.
There is no minimum deposit required to open Onevanilla accounts. There is also no monthly fee. The card will be debited automatically every month when the balance reaches zero and the customer will receive his/her balance back at the end of the month.
Onevanilla is also the only prepaid card company that offers a low interest rate. This is due to the fact that this card has a limited credit line. The credit limit depends on the amount that is deposited in the account. Therefore, as the balance increases, the credit line is increased thereby decreasing the interest rate.
It is important to remember that the card can only be used at ATM's. So, if you plan to carry out more than one transaction with it, you should ensure that you have enough money available. Otherwise, you might be charged a high fee. Since most people who have the card are going to use it at a local branch will be paying the charges, the fees are usually very low.
The Onevanilla card has a limited transfer feature. However, this is an advantage over other cards because transfers can be done to your account from another account. In addition, you can also transfer the money from your checking account. It is possible to do this without being charged a fee.
The Onevanilla card can be used to make purchases online and in stores. The merchant account will charge you a fee when the purchase is made via the internet. However, the fee is very low. As long as you pay the monthly balance, you can have unlimited transactions on the card.
You can also transfer money from your account into your account to purchase items in your account. It is important to make sure that the card is active before you do this. to avoid charges at check outs.
The Onevanilla card is available in all states across the United States. There are branches and offices that have it, so you can check this information. to find the nearest Onevanilla outlet in your area.