How does a Visa Gift Card differ from a tradional credit card?
The prepaid debit Gift cards resemble regular credit and debit cards. The difference: Prepaid debit cards are spending tools that have been funded, in advance, by the card purchaser. If a company or an individual gives someone a Visa debit gift card they’ve already applied a fixed amount of funds to the card. Once this amount is completely spent, the recipient can either dispose off the card, retain it as a keepsake of the original gift. By contrast, traditional credit cards are not only for making purchases, but are designed as potential, long-term tools for credit-building and personal financial transactions.
