Do they make much from your MVD usage patterns ?

They make TONS through my VR purchasing patterns.

Edit: Just to be clear, sometimes in excess of $200/month in the VR purchases alone.

Does anyone care to do the math to figure out how much money is needed to make $2400 a year at 1.1% APY?

By "They" do you mean Walgreens or CVS ?

By "they" I mean Incomm, the people that issue VRs and Bancorp, the company that hires them to do so.

Incomm and Bancorp make money off my VR fees as if I was letting $250k sit in a Vanilla account doing nothing.

If anything, the retailers are the big losers. It's almost certain that their kickback (if it even exists) is less than the CC transaction fee.

Given these numbers, I believe you would be crazy to think Incomm and Bancorp care about my CA activity.

Bobfather, use 'quote' feature every time you respond, so that we know what are you referring to.

Maybe they care a little. I thought they share in a slice of the transaction cost for purchases. I dont know this but this was my assumption.

Since the 2 year treasury rate is around 0.25%, you are actually letting over a million imaginary dollars sit in a Vanilla account

I don't even give it a second thought either. They make tons off me.

it is apparent you do not understand how this relationship works which nullifies the rest of your reasoning.

Right, some people have ability to take the discussion off track

Can u deposit vanilla gift/debit cards in bank?
 

Excuse me I new to the game. Will banks take money off the debit/ gift cards?

Like, Vanilla Visa gift card, and OneVanilla gift card? Nope, banks won't take money off of them.

So what is the advantage if cant get cash back in the bank? using them like cash? Can u pu Walmart money orders backing the bank?

you buy dollar coins from the mint with them

Shhh. Don't spill the beans. It's people like you that ruin these forums for the rest of us!!