Cardholders can use their MyVanilla prepaid Visa card at any location that accepts Visa debit cards, explains MyVanilla. Cardholders can use this card for a variety of purchases including gas, car rentals, groceries or other consumer goods. Users can pay for purchases with this card online or over the phone. In addition, cardholders can use a MyVanilla prepaid Visa card at over 1 million ATMs around the world or use the card to get cash back at a retail transaction.
There is no monthly fee for a MyVanilla card, according to MyVanilla. There is a fee of $3.95 for reloading the card at a retail location. To load funds onto a MyVanilla card, users can opt for direct deposit and have the total amount or a partial amount of a paycheck deposited onto the card. Cardholders can also have Social Security funds or a tax refund deposited directly onto the card. A customer can also reload his card at a Vanilla reload network retailer by bringing his card along with the desired load amount.
Cardholders can load up to $500 per day onto a MyVanilla card. The maximum daily deposit amount from all sources is $2,500, notes MyVanilla. Cardholders may withdraw up to $400 per day from an ATM using a MyVanilla card.