Wallet providers such as OneVanilla and MyVanilla provide online card management services for Vanilla branded credit cards.
While both specialize in providing browser-based equipment (e.g. software/hardware) to manage the complete lifecycle of a budget, they offer different features aimed at unique customer profiles. For example, one may prefer convenience when it comes to paying bills online while the other may prioritize security over anything else when it comes to carrying out transactions with their financial instruments.
OneVanilla: Easy and Convenient
OneVanilla is a subsidiary of Vanillasource, an organization that specializes in collecting and processing data for major banks and credit institutions around the world. As such, OneVanilla offers an extensive list of services aimed at making the life of its customers easier.
For example, it provides web-based account management tools to help clients check their budget balances without having to visit physical ATMs or banks. It also calculates interest rates on cash withdrawals and deposits, has a dedicated section for managing bills, offers real time push notifications about spending activities through emails or texts, and even allows customers to buy stuff online using OneVanilla credit cards linked to their respective budgets.
Furthermore, OneVanilla operates as a trustworthy financial manager because it lets clients control multiple currencies in different accounts under the same umbrella (e.g. USD, GBP, Euro) without having to establish separate contracts with other service providers which charge fees for holding different currencies.
MyVanilla: Security and Flexibility
MyVanilla, on the other hand, focuses on providing a safe online wallet management service for over 100 million customers worldwide looking to manage their card portfolio anytime anywhere. As such, it offers features aimed at providing enhanced security when transacting money online which include multi-factor authentication (e.g. SMS PIN code sent to mobile app), transaction monitoring (e.g. FICO score history), specialized fraud detection services (trend analysis), blocking of suspicious transactions within minutes even before they go through (i.e., pre-emptive fraud protection) among others.
Furthermore, OneVanilla is unique because it allows its customers to pay bills online using any Vanilla branded credit card. It also enables users to make cash withdrawals and deposits at ATMs worldwide (no foreign transaction fees), buy stuff online worldwide (e.g. Amazon, eBay), send money through wire transfers both domestically and internationally, among others.
MyVanilla vs OneVanilla?
Overall, OneVanilla is best suited for individuals looking to manage their budget balances with ease while MyVanilla targets customers seeking bank-grade security when transacting money on the web. However, do note that both companies offer exclusive benefits which the other does not so it’s best to sign up for them today before they get too popular!
Other than that, some businesses may prefer one of these two wallet providers over the other based on their specific needs. For instance, MyVanilla is not just limited to Vanilla branded credit cards but all sorts of pre-paid budget cards around the world.
How do I check My Vanilla Card balance?
To check your current Vanilla MasterCard balance, please follow these steps:
1) Log in to your online account using your email address and password of choice – https://www.myvanillacard.com/ (note: this link will open in a new window so be sure to follow it). Once logged the site, hover over “Account Summary” and then choose “Account Activity” – this will show you your current account balance.
2) Hover over “Transaction History” located on the right-hand side of the screen, then click “See Detailed Transaction History”. The next page will present all your recent transactions including purchases made with your Vanilla Mastercard online or through telephone banking.
3) Some screens may be split into two; to view the second half of the transaction list select “Next Page” (located toward the bottom right-hand side). Once you’ve chosen which set of transactions you’d like to view, double check that they match up with your current card balance! If they do not, please call us 1-844-396-2273 (1-844-VANILLA).
Transfer money from vanilla Card to my bank account?
If you wish to transfer your Vanilla Visa Prepaid Card funds back to your primary bank account, you will need to update your primary bank information within our system so we can send a check for your balance. You may update this information through “Manage Account” found under the “Accounts and Cards tab.” Once you’ve updated this information and initiated a withdrawal, please allow up to 4 weeks for processing and delivery of payment via USPS First Class Mail. Please note: You will be charged $20 for each withdrawal transaction, and may only make a maximum of 4 withdrawals per calendar year. There is a $5 processing fee for all check withdrawals. Please visit the Fees page for more information.
You can update your primary bank information by visiting “Manage Account” under the Accounts and Cards tab found on your online Cardholder portal at https://www.vanillagift.com/ . After updating this information, please allow up to 2 weeks for processing and delivery of payment via USPS first class mail.
Every time you have to pay for something online, whether it is a subscription that you are buying or just making an in-app purchase, the payment system forces you to use your credit card information. If you are living in the United States and want to buy something on Google Play Store then this process will be even more cumbersome for you. The reason being if you are paying with your credit card, then it has to go through another service called Plasso where they will take around 10% of your transaction amount as their cut! So what’s the way out? PayPal? Nope. That company charges 2.9% + $0.30 per transaction! Somewhere in between these options sits OneVanilla – Visa/Mastercard Debit Card.
OneVanilla is a Visa/Mastercard debit card which can be used with your PayPal account to make purchases in Play Store or any other online store that accepts debit cards for payments. These cards cost $5 per month and have no activation fee. They come in various denominations of $5, $25, $50, and $100. You can even use multiple OneVanilla cards at a time just by paying the monthly subscription fee again every time you run out of funds on one! This saves you from paying extra transaction fees when you have multiple subscriptions on Google services such as YouTube Red ($11), Play Music ($10), or Movies Anywhere ($9). You can save up to 50% if your transactions are between $1-$100 because PayPal charges 0% for transactions worth up to $3,000.
An independent comparison made on OneVanilla and Myvanilla debit cards shows that the conversion rate in USD in OneVanilla is much better than in myvanilla or Vanilla-Load. But the funds availability could be 3 days faster in case of myvanilla than OneVanilla. Since each bank has its own processing time so it varies from user to user depending upon which card they are using! It might happen that your funds are available in your PayPal account but the order you placed gets canceled due to insufficient funds if you paid with a debit card like myvanilla where the confirmation of payment takes place almost instantly but actually the funds are not available in your account.
Here’s a detailed guide on How To check OneVanilla card balance