The Bancorp Bank issues MyVanilla prepaid Visa cards, and ITC Financial Licenses, Inc. or IH Financial Licenses, Inc., distributes and services the card, depending on the state of purchase. As of 2015, this card is not available for purchase in the state of Vermont.
MyVanilla prepaid Visa cards can be ordered online at the official website for no charge. Cards can also be requested by calling 1-855-686-9513. The card normally arrives within 7 to 10 days when ordered online or requested by phone. A variety of bricks-and-mortar retailers also sell this card and offer reloads, including Family Dollar, Dollar General, Fred's Super Dollar and CVS Pharmacy. There is no credit check when requesting or purchasing MyVanilla prepaid Visa cards and no up-front fees are charged. Those requesting a card must provide name, address, date of birth and personal identification details.
MyVanilla prepaid Visa cards charge no fees for use, but each reload costs the cardholder a flat fee of $3.95. Funds can also be loaded using direct deposit for no charge, and the card can be used to set up recurring payments for additional convenience. These cards can be used anywhere that Visa is accepted for payment for signature and PIN purchases, and cardholders can also use this card to access funds via ATMs with a PIN.