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Verizon replacing rebate checks with pre-paid Visa cards

 
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Maureen
Site Admin


Joined: 03 Sep 2008
Posts: 808
Location: San Diego, CA

PostPosted: Wed Sep 03, 2008 1:48 pm    Post subject: Verizon replacing rebate checks with pre-paid Visa cards Reply with quote

Effective 9/2/08: Verizon will no longer be issuing checks as rebates; you will instead receive a pre-paid Verizon Visa card that you can use just like you use any pre-paid debit card.

Read the full article on EVDOinfo.com
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PrepaidWirelessGuy
EVDO Newbie


Joined: 05 Sep 2008
Posts: 1

PostPosted: Fri Sep 05, 2008 12:07 pm    Post subject: Reply with quote

I'd be interested to see people's responses b/c I think this is a great idea. Prepaid cards are super easy to use, safe, and more convenient than cashing a check (I would think).

I expect they'll also start providing an option to "upgrade" the card to a reloadable card, which will put a branded card into customers hands.

Time will tell...

Cheers,
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twinsfan
EVDO Newbie


Joined: 03 Aug 2008
Posts: 10

PostPosted: Fri Sep 05, 2008 4:42 pm    Post subject: Reply with quote

alltel started this about a month ago as well.
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SlyFerret
EVDO Junkie


Joined: 19 Mar 2007
Posts: 284

PostPosted: Sat Sep 06, 2008 8:40 pm    Post subject: Reply with quote

Thats great! Don't even have to cash the check to turn around and use the balance on the card to pay a portion of the Verizon bill on their website!

Too bad they can't just apply the rebate directly to my bill.

-SF
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Matt
3Gstore Employee


Joined: 02 Apr 2008
Posts: 1369

PostPosted: Sun Sep 07, 2008 1:57 am    Post subject: Reply with quote

At&t has been doing this for a while. When I got my last phone in April they sent me a card instead of a check. Its easy to use and works just like a debit/credit card.

Just a side note that has raised some issues though. If you use it at say a restaurant lots of places put an authorization on your card that can tie up funds available on the card.

Its generally best to just use the card to pay your bill or use at a store on a purchase worth the amount on the card.
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scottt732
EVDO Newbie


Joined: 23 Sep 2008
Posts: 1
Location: East Brunswick, NJ

PostPosted: Tue Sep 23, 2008 9:48 am    Post subject: the motives Reply with quote

Here are the incentives for Verizon & Citi:

1. It is a major pain to $0.00 out a check card.
2. The card expires after some time (see 1)
3. When the card expires, the supplier & bank split the money
4. Restaurant policies... If you have $50 left on the card, have a $50 restaurant bill, and want to leave a tip in cash, you're S.O.L.. The card will be declined. They add 15-25% to the amount you're trying to run at restaurants to make sure you don't stiff the bank on the tip (after approval)

With a check, you get all of your money to do what you want with. It doesn't expire, and you are free to use it at restaurants.
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3Gstore1
3Gstore Employee


Joined: 09 May 2007
Posts: 818
Location: USA

PostPosted: Tue Sep 23, 2008 10:00 am    Post subject: Re: the motives Reply with quote

scottt732 wrote:
Here are the incentives for Verizon & Citi:

1. It is a major pain to $0.00 out a check card.


If you know your exact balance, you can ask the merchant to charge X amount thats left on the prepaid card & then deduct the rest from another card or cash. Atleast I did with a prepaid AMEX gift card from Christmas last year.
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dario
3Gstore Employee


Joined: 03 Jan 2008
Posts: 429
Location: Tampa Bay Florida

PostPosted: Fri Oct 03, 2008 12:46 pm    Post subject: Reply with quote

This is a great idea.
It's the same as cash and gets us one step closer to a cashless society as long as you keep good tabs on your spending habit you shouldn't have a problem.

If you have an off balance left on the card like $10.38 you can go over to your local gas station and tell the guy I want to put $10.38 of gas in my car.
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misterbill
EVDO Newbie


Joined: 26 Sep 2008
Posts: 3

PostPosted: Tue Nov 04, 2008 11:21 am    Post subject: Cashing out the card? Reply with quote

So, has anyone actually managed to get them to send a check, or been able to cash out the gift card, as the original post stated would be possible?

I guess I am in the minority but I MUCH prefer a check since I make regular deposits at my bank and I don't have to remember to spend every last sent on the check, it just goes into my bank account.
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katone216
EVDO Newbie


Joined: 13 May 2010
Posts: 1

PostPosted: Thu May 13, 2010 11:11 am    Post subject: Easy and convienient Reply with quote

I just recieved my rebate card and found it to be easy to use and very convienient. I had the whole amount transfered to my bank account. Now I can either write a check or use it as a debit card. The transfer was fast.
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tyrone
EVDO User


Joined: 28 Apr 2010
Posts: 63

PostPosted: Thu May 13, 2010 11:49 am    Post subject: Re: Cashing out the card? Reply with quote

misterbill wrote:
So, has anyone actually managed to get them to send a check, or been able to cash out the gift card, as the original post stated would be possible?

I guess I am in the minority but I MUCH prefer a check since I make regular deposits at my bank and I don't have to remember to spend every last sent on the check, it just goes into my bank account.



Just go into a gas station tell them you want $50.00 in gas for your car/truck/rv , or pay your online bill like Gas, Water, with the debit card.
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ctr50099
EVDO User


Joined: 22 Apr 2010
Posts: 91

PostPosted: Thu May 13, 2010 11:02 pm    Post subject: Reply with quote

A debit card is a little better, but when I see a rebate I think, here is a company that dose not care about wasting my time.
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