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All you Wanted to Know About Prepaid Gift Cards

19 January 2011 by Devon Chappell

prepaid-giftcards

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U.S. online gamblers listen up. OCS has three words for you: Prepaid gift cards. Sure, you’ve probably heard of a gift card before. You may have even received one over the Holiday’s. However, unlike the more common in-store gift cards that can only be used in one location, there’s another kind of prepaid gift card that can be used at online retailers, including online casinos. In fact, prepaid gifts cards are one of the fastest and most reliable ways to make a deposit with a U.S. friendly online casino.

Not only that, some online casinos, like the well known, Go Casino, offer incentives for using pre-paid gift cards. For instance, Go offers three different bonuses for your first three deposits with a prepaid gift card. Simply make a minimum deposit of $50 and receive a 100% bonus up to $600 Free on the first deposit. For each deposit, thereafter, receive a 10% bonus up to $600 Free. Bonus conditions apply, so be sure to read them over before claiming. In general, these bonuses are best used for playing online slots for real money.

In order to claim such a bonus, you must first obtain a prepaid gift card. Make your deposit with the gift card and then contact Go Casino’s customer service to request the bonus. The claim code is GIFT01 for the first bonus. You may be required to fax a copy of the front of the gift card, so don’t fret if requested to do so. See our Go Casino Review for more information.

There are several prepaid gift cards to choose from online; However, the one’s that work with online casinos like Go are the Visa Gift Card, Vanilla Gift Card, Simon Gift Card, Awards2Go (Gift2Go) and the All Access Card. The cards aren’t free, but all things considered, are worth the price for their convenience factor. For a prepaid gift card up to $100, expect to pay about $4. For a card up to $250, you’re looking at a fee of about $6. Order more than 1 card at a time and you will be entitled to a discount.

Here is a breakdown of some of the differences from card to card:

Vanilla Visa: Max card amount is $100. These cards can only be purchased at brick ‘n mortar retail stores ranging from 7-11 to Office Depot. Fees range from $4.95 to $6.95, depending on the value of the card. If a card has a balance after six months, a $3.95 monthly fee is taken off the remaining value of the card.

Awards2Go: These prepaid gift cards can be purchased online and can be obtained for as much as $250. Fees range from $3.95 to $5.95. Corporate cards are available in denominations up to $2,000.

Visa Gift Card: Available at Western Union and most U.S. banks, including Sun Trust, Wachovia, Chase and BB&T, the denomination amounts depend on the retailer. Chase, for example, sells cards for up to $500 and charges a $5.95 shipping fee. Visa gift cards can be ordered online or at land-based retailers.

Simon Gift Card: Simon gift cards can be purchased online with denominations as little as $20 and up to $500. They can also be purchased in bulk. Fees start at $10, for 1 to 10 cards, which makes bulk purchasing the best option. Cards with balances after 12 consecutive months are charged with a $2.95 monthly fee.

All Access Card (NetSpend): All Access prepaid gift cards cost $4.95 to activate cards from $20 to $300 in value and can be purchased online and at land-based retailers.

NOTE: Not all of the above-mentioned prepaid gift cards work at every U.S. friendly online casino and poker room. Some will, some won’t. Prepaid gift cards that say “Fastcard” on the back are intended to be used for in-store purchases, and will likely not be accepted at online betting sites. Contact the customer service department at the gaming site you are attempting to use a prepaid gift card at for additional information.

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