Vision Preferred® Prepaid Visa® Card

The Vision Preferred® Prepaid Visa® Card is a prepaid card that is available to anyone regardless of their credit history. It doesn’t matter if you have good or bad credit you can get approved for this card. With a prepaid card your balance is determined by the amount of money you add to the card. Once you spend the funds on the card you just simply add more. The card is not a line of credit and it is a completely save alternative to traditional banking. You will never be charged interest or overdraft fees. The Vision card can be used anywhere that Visa debit is accepted.

Summary of Benefits

  • More than 100,000 places to load money
  • Free signature transactions
  • Upgrade anytime
  • No activation fee with rebate
  • Use where Visa debit’s accepted
  • Pay Bills, Build Credit for free

Vision Preferred® Prepaid Visa® Card
The Vision Preferred® Prepaid Visa® Card is for those that want to load and go. This card has all the conveniences of a bank, but it’s prepaid. There is no credit check, no overdraft fees and you can use it anywhere a Visa debit card is accepted. It is easy to apply for and can be done online. This card is not a line of credit which means there is no credit check required. Approval is guaranteed! If you have no credit or bad credit you can still apply and be approved. You can apply online by providing your social secutiry number and personal information. Due to federal law obtaining your information such as social security number is required.

Loading The Card
You can always load cash instantly to any Vision Visa Prepaid Card at over 100,000 retail locations including Green Dot MoneyPakTM, MoneyGram® ExpressPayment®, PayXone™ locations such as Ace Cash Express, PreCash® retailers, Visa ReadyLink, and Western Union®. If you choose to set up direct deposit it is free. Direct deposit allows for each of your paychecks to be electronically deposited into your Premier account. You won’t have to worry about cashing your checks on payday and you won’t have to pay a fee to do so. It will be put right on your card instead and be available right away. You can also do a wire transfer of up to $2,500 per day or a PayPal Transfer for free.

Building Credit
All Vision prepaid cards have a credit builder feature that helps users build positive credit. The PayFit Credit Builder works when you pay you bills with your prepaid card. When you pay a bill like your utilities or rent this information is reported to a credit reporting agency. The Vision cards report to the FICO® Expansion® Score and lenders may use the credit file they establish for you when they try to qualify you for a loan. With the PayFit Credit Builder you don’t have to enroll, instead you just start paying your bills and the rest is done for you.

Free Features
One nice perk of the card are the free features it offers. Direct deposit if a free and available to all card members. With the card you also get free signature transactions. Some cards charge for these types of transactions, but all card members get this fee waived. This is when you make a purchase and sign for the purchase. The bill pay service is another free feature. You automatically get the service and you don’t need to enroll. Finally, if you call customer service there is no charge. Prepaid cards often charge for speaking to a live customer service representative, but not this card.

Vision Preferred® Visa Fees
This card is a prepaid card so you don’t have to worry about interest charges or overdraft fees. However, there are still fees associated with using this card. The table below highlights some of those fees, but for a complete list you should reference the card terms and conditions.

DescriptionFee
Activation Fee$9.95
Monthly Fee$6.95
Conditional Monthly Fee$4.95
Cash Advance Fee - Domestic & Int’l$4.95
Direct Deposit FREE
Bill Pay Fee - Electronic & Paper CheckFREE
Load Fee - MoneyGram® ExpressPayment®, PayXone™, GreenDot® MoneyPak, Visa ReadyLink®, Western Union®$0.95
ATM Withdrawal Fee - Domestic $1.95
Load Fee - PayPal, Wire Load, PreCashFREE
PIN Debit Transaction Fee - Domestic & Int’l(Transaction Fee)$0.95
Signature Transaction Fee - Domestic & Int’l (Transaction Fee)FREE

About Michal Cheney

Michal Cheney is a personal finance blogger who writes for several top personal finance blogs, such as Dough Roller and Go Banking Rates. She enjoys writing about money management, getting out of debt and planning for retirement. Her practical approach encourages folks to get serious about their relationship with their money.

  • Lauren

    i want my card cancelled just got approved in the application so when i receive the card in the mail what do i do to cancel?

    • David

      Lauren, you can just call them to cancel the card.

  • quocnc

    Hello!
    Vision Prepaid card can receive money through Wire Transfer???

    • Rob Berger

      Yes, you can transfer money from a bank onto the card.