Reloadable Credit Cards - Why is this so difficult
May 12th 2018, 1:15 am
#16
Banned
Joined: Apr 2009
Location: SW Ontario
Posts: 19,879
Re: Reloadable Credit Cards - Why is this so difficult
Scilly - Yep, These are all pre-paid. I did hope to find a Vanilla one here, but nope. As you have mentioned, these are for set amounts and decrease over time.
Siouxie - Canada Post was the first place I went, unfortunately for me, all the CP's in my area are kiosks in supermarkets. I've asked, but I get some very blank looks back (I think it's my accent) and we've pretty much eliminated the others on the Visa/MasterCard lists as they require an account, which kind of defeats the purpose.
Ironically, we just recently opened a second account with a Bank and had we waited a day, we could have opened it with a bank that required an account for a reloadable card...
If I upgrade my accounts with our banks, ie pay more money to them, then I can get Debit cards with Visa, but it's not worth $30-40 a month
I'm sure we will find one, just need to be patient (not my strong point)
Siouxie - Canada Post was the first place I went, unfortunately for me, all the CP's in my area are kiosks in supermarkets. I've asked, but I get some very blank looks back (I think it's my accent) and we've pretty much eliminated the others on the Visa/MasterCard lists as they require an account, which kind of defeats the purpose.
Ironically, we just recently opened a second account with a Bank and had we waited a day, we could have opened it with a bank that required an account for a reloadable card...
If I upgrade my accounts with our banks, ie pay more money to them, then I can get Debit cards with Visa, but it's not worth $30-40 a month
I'm sure we will find one, just need to be patient (not my strong point)
May 12th 2018, 9:10 am
#17
Yo
Joined: Nov 2012
Location: UK
Posts: 24,474
Re: Reloadable Credit Cards - Why is this so difficult
There are some places online where I am reluctant to just hand over my Visa card information.
Ditto with my debit card, so I went into my (CIBC) bank and in only a few minutes i got a prepaid Visa card.
It cost me $5.95 initially, but is reloadable whenever you want without any additional charges and there is no expiry date.
I tried it out at the local store which has one of those tap and go machines and it worked like a charm.
Surely all the other big banks have the same item on offer
Ditto with my debit card, so I went into my (CIBC) bank and in only a few minutes i got a prepaid Visa card.
It cost me $5.95 initially, but is reloadable whenever you want without any additional charges and there is no expiry date.
I tried it out at the local store which has one of those tap and go machines and it worked like a charm.
Surely all the other big banks have the same item on offer
