Please Don't Gift Prepaid Visa/Amex Cards; They're Borderline-Scams

Discussion in 'Community Discussion' started by MICHAELSD, Dec 3, 2013.

  1. MICHAELSD macrumors 68040


    Jul 13, 2008
    As much as people think they're good gifts, truth is cash is 10x better! They're greedy money grabs by credit companies and banks. You're either paying a $7 fee on a $50 card to ensure there's no future fees or paying ~ $3 with tacked-on monthly fees. Case in point: I just found a "Vanilla" (one of the scammiest variants) Visa gift card in my couch. Cool, a $100 card I bought myself 2.5 years ago! Wow, I only spent $40 of it so that must mean there's $60 left... nope, a $2 monthly fee ate up the rest.

    Not to mention, they're just annoying to manage. I don't complain if I receive more than one but eventually you forget which has what left on it and it's just a hassle compared to cash.
  2. mobilehaathi macrumors G3


    Aug 19, 2008
    The Anthropocene
    You're not wrong, but if you sign up for square you could empty them into your bank account for a modest one time fee.
  3. Mousse macrumors 68000


    Apr 7, 2008
    Flea Bottom, King's Landing
    Yarp. I hate gift cards/prepaid CC.

    The best gifts are shirts. Who wouldn't like a shirt? Getting a shirt and tie...that's the life.


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