Make sure to compare your options so you can pick one that offers the most benefits. One card may be more affordable to use than the other. That means the higher the value of a card, the more you will have to pay to activate it. the denomination.Ĭheck the fine print when you make a purchase since activation charges can be as high as 15% of the card's denomination. There are also activation charges to consider, which may differ between Visa and Mastercard as well as the amount of the card – ie. You should keep this in mind when picking a card. However, we must mention that not every merchant that accepts Visa will also accept Mastercard and vice versa. While they both come from different brands, there are no differences in how each card works. On the other hand, Visa offers more options and higher denominations: Mastercard offers the following 4 denominations: The next biggest differentiator lies in the amount of money each card offers. The main difference is that the Vanilla prepaid Visa can only be used on the Visa network, while the Vanilla prepaid Mastercard can only be used on the Mastercard network. What’s the difference between Vanilla Prepaid Visa and Vanilla Prepaid Mastercard? Similarly, the Visa card is issued in partnership with Visa. Moreover, the card is serviced and distributed by InComm Financial Services, Inc. Vanilla Prepaid MasterCard is issued by The Bancorp Bank in partnership with MasterCard. This makes the Vanilla Prepaid Visa and Mastercard a great choice if you're looking to purchase prepaid cards as gifts that your recipients can use almost anywhere for almost anything they want. You can get as many Vanilla prepaid cards as you want without worrying about debt or the impact on your credit score. If you want the $75 prepaid Vanilla Visa, it will cost you $75 to purchase it. Instead, you purchase the card outright and the price is equal to the amount of money you want on the card.įor example, if you want the $200 prepaid Vanilla Mastercard, it will cost you $200 to purchase it. There are no credit checks or income requirements because you are not borrowing money for purchases. Accessibilityīecause it is a prepaid card rather than a traditional credit card, it’s easy to get. Unfortunately, the card isn’t as widely accepted as a traditional credit card and some retailers will deny it. Just like a traditional credit card or debit card, you will be able to use your Vanilla card to shop online or in-store. Both names are reliable and supported by millions of local and international merchants around the world. You can pick the one that you find more useful. The Vanilla Prepaid Card is a prepaid card available in two forms: Visa and Mastercard. FAQs: Vanilla Prepaid Visa and MastercardĪbout the Vanilla Prepaid Visa and Mastercard.KOHO Mastercard® Prepaid Card (formerly KOHO prepaid Visa).Alternatives to the Vanilla Prepaid card.Vanilla Prepaid Visa and Mastercard: pros and cons.Vanilla Prepaid Visa and Mastercard limits.How to add money to the Vanilla Prepaid Visa and Mastercard.How can I get a Vanilla Prepaid Visa or Mastercard?.Vanilla Prepaid Visa and Mastercard features.How does the Vanilla Prepaid Visa or the Vanilla Prepaid Mastercard work?.Vanilla Prepaid Visa and Mastercard costs, penalties, and fees.What’s the difference between Vanilla Prepaid Visa and Vanilla Prepaid Mastercard?.About the Vanilla Prepaid Visa and Mastercard.
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