Vanilla Gift Card Review
Say it’s someone’s birthday, and you’re not quite sure what to get them. Or maybe you do know what to get them, and that thing is money!
Either way, for a variety of reasons you might not prefer to give the gift of cash. Perhaps you’re worried that the recipient could lose it, or maybe you’re concerned that it would just look tacky.
Regardless of the exact situation, you might instead consider giving a Visa gift card. After all, these cards are accepted all around the country everywhere that Visa is used.
If you’ve made up your mind on a Visa gift card, perhaps you’ve come across the Vanilla gift card already?
If you’re curious as to whether purchasing one would be a smart choice, you’ve come to the right place. In this Vanilla gift card review, we here at Credit Liftoff will let you know exactly what this card is and how it works.
After that, you can decide whether the Vanilla gift card is the right choice for you.
How Gift Cards Work in General
In reality, prepaid gifts cards are actually quite simple.
You load the amount of money that you desire onto the card, and you also pay a small service fee. Once the card is activated, the recipient can use it to make purchases wherever he or she wants!
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At the same time, however, it’s important to acknowledge some critiques of the prepaid gift card model.
For example, when loading small amounts of cash onto a gift card, the fees that you end up paying easily rich into the double-digit percentage range. Some people also complain that it’s hard to use the cards down to the last cent.
Details on the Vanilla Gift Card Itself
The Vanilla gift card features different fees depending on how much money you load onto the card. The smallest denomination available is $10; that comes with a $2.95 fee. The highest denomination available is $500; the fee, in that case, is $5.95.
It’s important to consider that, when purchasing a $10 Vanilla gift card, you’re essentially paying a service fee of nearly 30%!
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Once your funds have been loaded onto the gift card, they never expire. This isn’t always the case with prepaid gift cards, so it’s a nice touch.
The card is also available to use immediately after activation, which can be convenient in certain situations.
Finally, the Vanilla gift card comes in a variety of attractive styles, which might be important to you when it comes to choosing the right card for your loved one.
You can learn more about the card by checking out www.balance.vanillagift.com/faq.
Vanilla Gift Card Review: Final Thoughts
When you break it down to pure math, purchasing the Vanilla gift card is a losing proposition. You’ll always end up paying a fee that you could have avoided completely by giving the gift of cash instead.
That said, if you’re set on giving a gift card, this is a fine option. This is primarily because Visa gift cards are so widely accepted, and also because funds loaded onto the Vanilla gift card never expire.