Visa Cash Card, VISA Prepaid Credit Card

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The Visa Cash Card created history in the Atlanta Olympic Games of 1996. This card took the financial industry by storm. The Visa Cash Card has now been renamed the Visa Prepaid Credit Card. But this isn’t a case of old wine in a new bottle. The card has been further upgraded with a range of features.

Currently, there are five types of Visa Prepaid Credit Cards available: the Visa Gift Card, Visa Buxx, Visa Travel Money, Visa Payroll, Visa Healthcare Cards and Visa Reloadable Prepaid Cards.

Visa Cash Card: Overview

Some of the most popular Visa Cash Cards include:

  • Visa Gift Card: This is a prepaid card that is loaded with a pre-defined amount of money. The Visa Gift Card can be used for making multiple purchases. It is a non-reloadable card, which means that one cannot increase its payment capacity. Visa Gift Cards are provided by over 60 participating financial institutions and retailers. They can be acquired in person, on the phone or online.

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    • Visa Buxx: This card is especially meant for teenagers. It gives adolescents financial independence while keeping their parents informed about their spending. Furthermore:
  • Parents can track the purchases and the spending limit on the internet.
  • They need not pay any liability for unauthorized use.
  • The cards can be used anywhere that Visa debit cards are accepted.

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    • Visa Travel Money: Visa Travel Money is an omnipotent Visa Cash Card. It allows users to make hotel reservations, rent a car or pay bills at gas stations. It also offers:
  • Emergency replacement of cards.
  • Instant cash disbursement.
  • Reimbursement on lost luggage of up to $250 per trip.
  • Instant travel and emergency assistance services.

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    • Visa Payroll: Visa Payroll cards help businesses by reducing their payroll costs. It is an innovative way to make payments and aids in building employee loyalty. This card also:
  • Reduces the payroll-processing costs by eliminating check printing and processing.
  • Eliminates costs incurred on out-of-cycle checks.
  • Saves employees from check-cashing or money order charges.

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    • Visa HealthCare Card: This card is available with a Health Savings Account (HSA), Flexible Spending Account (FSA) and Health Reimbursement Arrangement (HRA).
    • Visa HSA simplifies access to HSA funds to pay for IRS-qualified co-payments, medication expenditure and deductibles.
    • The Visa FSA card allows easy access one’s pre-tax income to make payments for eligible medical expenditure
    • Visa HRA cards offer easy access to employer-provided funds to pay for eligible healthcare costs.

     

  • Visa Reloadable Prepaid Card: Visa Reloadable Prepaid cards are unique Visa cards. They can be loaded with the cardholder’s money at anytime and almost anywhere. These cards also come with the Visa ReadyLink service. Due to this feature, cardholders can refill their cards at several places, such as Safeway, Carrs, Dominick’s, Genuardi’s, etc.

    • ‘Visa Cash Card’ and ‘VISA prepaid credit card’ are trademarks of Visa Inc, who can be found at www.visa.com

     

     

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