How Do Prepaid Gift Cards Work. Armed with a prepaid card and a Venmo account you can send and receive. Before you can use a prepaid card youll have to load money to your account similar to how you would with a gift card.

An inactivity fee of 495 per month will be deducted from your balance beginning on the 13th month after each 12-month period of inactivity. Whenever the card is swiped the processor confirms the card has a high enough balance to cover the transaction. Theyre both loaded beforehand with a set amount of money and can be spent in-store or online.
Bringing cash to a retail store that can add funds to your card.
Ad Purchase The Brands Our Customers Love To Give. Virtual prepaid cards have all the same benefits as physical cards just in a digital format. See additional NetSpend Prepaid Visa details. Make everyday spending more convenient and secure.

