Visa Gift Card: How Does it Work and What Are the Benefits?
VISA gift cards allow holders to enjoy the practical benefits of credit cards without the commitment and hassle of annual fees. Whether using this payment type for your purchases or sending them as a holiday present to a loved one, expect the same convenience and efficiency.
If you are curious about VISA gift cards and want to try them out, this article is for you. We introduce this type of gift card, its benefits, and how you can use it to your advantage.
What is a VISA gift card?
VISA gift cards are prepaid debit cards. They are preloaded with a fixed amount and used for online or in-store payment options. They are not under an account name or cardholder, so they are transferrable. All stores that accept VISA cards as payment honour this gift card.
Some cards are reloadable, but others the cardholder discards once they've reached the set amount loaded onto the card.
How can you use a VISA gift card?
A VISA gift card is as good as cash. Like your credit card, you must not exceed your spending limit. To pay, swipe the card at your favourite store's checkout counter. The card also has a PIN for security.
For online shopping, a VISA gift card will have a CVV code, a dedicated card number, and an expiration date to fulfil the requirements of online shopping payment forms.
Why buy a VISA gift card?
When is buying VISA gift cards online or offline practical? Most people buy gift cards as an alternative to traditional gifts. This way, the receiver can shop for the item they want whenever and wherever.
However, there are plenty more benefits to giving or using VISA gift cards.
Convenient and Secure Shopping Experience
VISA gift cards are incredibly easy to use. Most importantly, when abroad, prepaid cards remove the threat of credit card hacking and unauthorised transactions. This payment alternative also eliminates the need for cash.
Practical Method of Gift-Giving for Any Occasion
VISA gift cards are popular gifts to family and friends with specific tastes. Forget worrying about what to give them and gift them the freedom to choose different designs and colours. Prepaid gift cards are legitimate payment options at restaurants, shopping malls, gas stations, groceries, and other retail stores.
It's also a bonus that gift cards are customisable. You can personalise the card with a special message to your receiver.
No Application and Credit Checks Required
Unlike applying for a credit card, buying a prepaid gift card requires no application and a background credit check. You can easily acquire the card with an upfront payment. Plus, some are reloadable if you need payments that require a credit card.
Ready to buy your first VISA gift card?
Before you get your VISA gift card online, read the terms and conditions carefully. For starters, check for activation and maintenance fees, and ensure you buy your card from reputable stores. Lastly, take note of the card's expiration date.
With everything you need to know to start using VISA gift cards, what do you think? Is this payment or gift-giving option right for you?
