Mar 3, 2014, 9:28 am
Last edit by: uncommonsensical
“My Vanilla Personal Reloadable Prepaid Debit Visa card”
https://www.myvanilladebitcard.com
FAQs: https://www.myvanilladebitcard.com/myvanilla/faq.html
T&C: https://www.myvanilladebitcard.com/m...Policy_ENG.pdf
Fees: https://www.myvanilladebitcard.com/m...RhFOmbp3hiKogJ
There isn't a bill pay function with MVD.
How do I load funds onto MVD? There are two primary ways to load funds onto your MyVanilla Card: 1) Direct Deposit (direct deposit all or part of your paycheck, social security, even your tax return refund right onto your MyVanilla Card); 2) At any Vanilla Reload Network retailer; just bring your Card and the amount you want to load onto your Card - Note: This can be either purchasing a Vanilla Reload card or possibly using a retailer with loading function on the cash register such as CVS. $3.95 fee applies to both methods.
CVS Credit Card Load Data Points:
Credit Cards used treated as a purchase:
FIA Fidelity Amex
Credit Cards used treated as a cash advance:
??
What is the load limit? You can load a maximum of $500.00 per day onto your Card, and there is a $2,500.00 total maximum deposit limit per day from all deposit sources (loads and ACH direct deposits). The daily ATM withdrawal limit is $400.00. The daily Cash Advance or "Over the Counter" limit at a bank is reported as $2,500.00/day. Some reports that this is actually / month. Maximum loaded amount on MVD card is $9,999.
If you can find Vanilla Reload cards that you can purchase with a credit card, max out by getting up to 3 registered MyVanilla Debit cards and you can load up to $2500 x 3 per day. And if you have a bank near you that will give you cash advances, you can take the full balance off each card for a $1.95 cent fee.
If you do not have Vanilla Reloads available near you, you want to find a bank that will allow you to cash out temporary cards. These are the ones you buy at CVS for $500 plus $3.95 fee and then cash them out en masse for a 50 cash advance fee apiece.
In Essence
Get new cards, spend some random amount and then get put in shutdown mode to spend off what is left, unless you utilize one old weird trick that prevents shutdown mode.
Liquidating a shut down account as of 3.31.2014
Various reports, and I can also confirm- If you receive the "invalid username or password" message when trying to access your account online, that's the indicator that you have been shut down. Check again for a day or so (just to make sure it wasn't an issue with their website). If still unable to access- you've been shut down.
If you don't want to call and talk to them, you can confirm yourself whether your account is still alive to liquidate by calling 855.686.9513. If you are able to hear your balance, you can liquidate- and you can liquidate quickly without any problem. I liquidated $8,200 over the weekend: 5k Saturday, the remainder Sunday (Walmart BillPay and MO).
https://www.myvanilladebitcard.com
FAQs: https://www.myvanilladebitcard.com/myvanilla/faq.html
T&C: https://www.myvanilladebitcard.com/m...Policy_ENG.pdf
Fees: https://www.myvanilladebitcard.com/m...RhFOmbp3hiKogJ
There isn't a bill pay function with MVD.
How do I load funds onto MVD? There are two primary ways to load funds onto your MyVanilla Card: 1) Direct Deposit (direct deposit all or part of your paycheck, social security, even your tax return refund right onto your MyVanilla Card); 2) At any Vanilla Reload Network retailer; just bring your Card and the amount you want to load onto your Card - Note: This can be either purchasing a Vanilla Reload card or possibly using a retailer with loading function on the cash register such as CVS. $3.95 fee applies to both methods.
CVS Credit Card Load Data Points:
Credit Cards used treated as a purchase:
FIA Fidelity Amex
Credit Cards used treated as a cash advance:
??
What is the load limit? You can load a maximum of $500.00 per day onto your Card, and there is a $2,500.00 total maximum deposit limit per day from all deposit sources (loads and ACH direct deposits). The daily ATM withdrawal limit is $400.00. The daily Cash Advance or "Over the Counter" limit at a bank is reported as $2,500.00/day. Some reports that this is actually / month. Maximum loaded amount on MVD card is $9,999.
If you can find Vanilla Reload cards that you can purchase with a credit card, max out by getting up to 3 registered MyVanilla Debit cards and you can load up to $2500 x 3 per day. And if you have a bank near you that will give you cash advances, you can take the full balance off each card for a $1.95 cent fee.
If you do not have Vanilla Reloads available near you, you want to find a bank that will allow you to cash out temporary cards. These are the ones you buy at CVS for $500 plus $3.95 fee and then cash them out en masse for a 50 cash advance fee apiece.
In Essence
Get new cards, spend some random amount and then get put in shutdown mode to spend off what is left, unless you utilize one old weird trick that prevents shutdown mode.
Liquidating a shut down account as of 3.31.2014
Various reports, and I can also confirm- If you receive the "invalid username or password" message when trying to access your account online, that's the indicator that you have been shut down. Check again for a day or so (just to make sure it wasn't an issue with their website). If still unable to access- you've been shut down.
If you don't want to call and talk to them, you can confirm yourself whether your account is still alive to liquidate by calling 855.686.9513. If you are able to hear your balance, you can liquidate- and you can liquidate quickly without any problem. I liquidated $8,200 over the weekend: 5k Saturday, the remainder Sunday (Walmart BillPay and MO).
My Vanilla debit
Jan 14, 2014, 12:07 pm
#2341
Join Date: Apr 2012
Posts: 198
But if they don't close me based on a $2,500 load (and my personal experience thus far suggests they won't), then I'll get to manufacture way more spend than I would if I play it safe, as you suggest.
Jan 14, 2014, 1:00 pm
#2342
Join Date: May 2013
Location: Sacramento, CA
Posts: 374
Meh
Someone got my card info and spent $130 at Speedway and Target in Hometown, IL. Fortunately I had less than $150 on it. Hopefully it won't be too much of a hassle getting it back, but I'm going to note this as another reason to not keep large balances.
Someone got my card info and spent $130 at Speedway and Target in Hometown, IL. Fortunately I had less than $150 on it. Hopefully it won't be too much of a hassle getting it back, but I'm going to note this as another reason to not keep large balances.
Jan 14, 2014, 2:24 pm
#2343
Join Date: Feb 2012
Location: Los Angles
Posts: 2,101
^ Overwhelming majority of people on the Black Jack table take risks thinking of missing out on opportunities to take advantage of glitches of the 'House' that almost never lose!
Jan 14, 2014, 3:09 pm
#2345
Join Date: Jan 2011
Posts: 249
Yeah but if you lose to the house you don't get the money back (unless maybe you rob the casino afterwards). Whereas you will get all your money back from InComm, it just takes some patience and an FDIC complaint in the worst case.
Jan 14, 2014, 5:55 pm
#2346
Join Date: Apr 2013
Posts: 584
I wouldn't expect that strategy to work.
Jan 14, 2014, 6:17 pm
#2347
Join Date: Apr 2012
Posts: 198
I'm not sure where you're going with that analogy, but if you honestly believe that CC companies = "the House that almost never loses," then why are you in this game at all to begin with? Obviously, you must realize that in this game, we usually come out ahead of the "house."
Jan 14, 2014, 7:37 pm
#2348
Join Date: Jan 2013
Location: LAX, SNA
Posts: 359
I have no idea why Prasha continues to bash MVD. It seems like he/she had a bad experience with them. Maybe they held the money for more than a week? Anyway, I don't think anybody has reported them keeping the money. As for me, I had two accounts that were shutdown at different times. The first time it took about 2 days and the second time about two hours after faxing in my info before my accounts were unlocked. However, I do think that the opportunity to move funds with MVD is now very limited.
Jan 14, 2014, 9:36 pm
#2349
Join Date: May 2012
Location: New England
Programs: DL PM, HH Gold, the rest come and go
Posts: 313
I have no idea why Prasha continues to bash MVD. It seems like he/she had a bad experience with them. Maybe they held the money for more than a week? Anyway, I don't think anybody has reported them keeping the money. As for me, I had two accounts that were shutdown at different times. The first time it took about 2 days and the second time about two hours after faxing in my info before my accounts were unlocked. However, I do think that the opportunity to move funds with MVD is now very limited.
Jan 14, 2014, 10:50 pm
#2350
Join Date: Feb 2012
Location: Los Angles
Posts: 2,101
If he wants to make it his personal quest to warn people about shutdowns, more power to him. Lots of threads on FT have the actual shutdown reports buried somewhere in the middle (e.g. Citi 5x). It'll be good for newbies to see a warning on every page of the thread. Hide him if you get bored of it, it's not like he's reporting new datapoints.
Jan 15, 2014, 5:49 am
#2351
Join Date: Mar 2013
Posts: 53
Jan 15, 2014, 7:30 am
#2353
Join Date: Apr 2012
Posts: 198
It's much more helpful to simply post data points, from which people can then draw their own conclusions. Your editorializing doesn't usually help.