Gabriel
What's a running related gift I could buy for someone? (must be under $15)
It's for a secret santa thing and the person is a runner..
Answer
you could get him/her
running shorts or a top
get them a gift voucher for a sporting store
a water bottle or a watch with heart rate etc..but you may have to spend more tho.
shoes,socks
what about a CD they have some just with running music on them
you could get him/her
running shorts or a top
get them a gift voucher for a sporting store
a water bottle or a watch with heart rate etc..but you may have to spend more tho.
shoes,socks
what about a CD they have some just with running music on them
what happens after a prepaid visa gift card runs out?
Kev
I wanna get my friend a prepaid Visa gift card so he can by games online... anyway, the question is: If the Visa card runs out, like say it has like $4 left and he buys a game that's like $5, does it act like a credit card and bill/charge him, or does it just not simply let him make the purchase.
*you can enable online purchasing by registering your name and address etc on the Visa website after gift card purchase
Answer
The card companies love these things, because it gives them four opportunities to make money, with almost no cost to the company (printing cards costs a few cents per card). The way the cards work, you pay an up-front "activation fee", typically $5-$7, then load the card with the amount of money you want. While the money is on the card, it's in the card company's account, earning interest for them. When you swipe the card, they charge a fee to the business you're buying stuff from. And 12 months after you last use the card, they start charging a "maintenance fee" that takes $2-$4 out of the remaining balance per month, until the card account is empty, then they cancel it.
The cards are ultimately a gimmick. Gift cards in general were originally marketed partially on the idea that you can give one to a junkie and reasonably expect them to shop at the store the card is for, since they'd need cash to buy drugs with it. But with iPhone mounted card readers and apps that process credit card payments available these days, that benefit is mostly gone. Most financial experts advise avoiding those pre-paid cards entirely, and just giving cash; You can give $5 more cash than giving the card, for the same cost, and almost every place takes cash.
As for whether you can use $4 on the card to buy a $5 game, it depends on how the transaction is run. If done as a straight charge, the card will decline and void the transaction due to insufficient funds. Almost all online transactions tend to be of this type. Some online transactions, and all stores that have a modern card reader (like a big department store, or a grocery store does, or Best Buy for example) can do partial transactions; You tell them how much is on the card, they charge the card for exactly that amount, then you pay the difference in cash or with another card.
Most pre-paid debit cards can be reloaded as well; A fixed-value card (such as the ones that say $25 or $50 on the front) might have to be fully loaded with the full amount, but the variable cards, the ones where you can put in whatever you want when pre-paying them, can usually be reloaded with any amount you like. In the case of an online transaction that declined due to insufficient funds, you can find out exactly what the card balance is, exactly what the online total will be, and reload the difference.
I recently had the same problem myself, a $25 pre-paid MasterCard, with $3.03 left on it. I used it to pay for part of my weekly groceries. I just had to tell the grocery store cashier there was only $3.03 on the card, and to only charge the card for that much.
The card companies love these things, because it gives them four opportunities to make money, with almost no cost to the company (printing cards costs a few cents per card). The way the cards work, you pay an up-front "activation fee", typically $5-$7, then load the card with the amount of money you want. While the money is on the card, it's in the card company's account, earning interest for them. When you swipe the card, they charge a fee to the business you're buying stuff from. And 12 months after you last use the card, they start charging a "maintenance fee" that takes $2-$4 out of the remaining balance per month, until the card account is empty, then they cancel it.
The cards are ultimately a gimmick. Gift cards in general were originally marketed partially on the idea that you can give one to a junkie and reasonably expect them to shop at the store the card is for, since they'd need cash to buy drugs with it. But with iPhone mounted card readers and apps that process credit card payments available these days, that benefit is mostly gone. Most financial experts advise avoiding those pre-paid cards entirely, and just giving cash; You can give $5 more cash than giving the card, for the same cost, and almost every place takes cash.
As for whether you can use $4 on the card to buy a $5 game, it depends on how the transaction is run. If done as a straight charge, the card will decline and void the transaction due to insufficient funds. Almost all online transactions tend to be of this type. Some online transactions, and all stores that have a modern card reader (like a big department store, or a grocery store does, or Best Buy for example) can do partial transactions; You tell them how much is on the card, they charge the card for exactly that amount, then you pay the difference in cash or with another card.
Most pre-paid debit cards can be reloaded as well; A fixed-value card (such as the ones that say $25 or $50 on the front) might have to be fully loaded with the full amount, but the variable cards, the ones where you can put in whatever you want when pre-paying them, can usually be reloaded with any amount you like. In the case of an online transaction that declined due to insufficient funds, you can find out exactly what the card balance is, exactly what the online total will be, and reload the difference.
I recently had the same problem myself, a $25 pre-paid MasterCard, with $3.03 left on it. I used it to pay for part of my weekly groceries. I just had to tell the grocery store cashier there was only $3.03 on the card, and to only charge the card for that much.
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