Whether there is an annual fee for virtual credit card activation depends on the relevant regulations of each bank. Some will charge an annual fee, and some will not.
If the credit card has an annual fee, even if it is a virtual card, an annual fee will be charged after activation. The bank informs the user that the virtual card does not charge an annual fee, so the user will not be charged an annual fee regardless of whether it is activated or not. Usually, banks will stipulate the annual fee for each virtual credit card, so users should just read the regulations.
Even if a virtual card charges an annual fee, it can generally be reduced or reduced by swiping the card for consumption. Unless the user does not use it at all after activation, then the annual fee may be charged.
Virtual credit card, also known as virtual VISA credit card, VISA virtual credit card, VISA virtual card, VISA international credit card, task card, game activation card, PayPal activation card, EB activation card and iOffer activation card, etc., is for This product is launched for users who do not have an international credit card or are worried about the security of credit card payment and need to make online purchases abroad, activate various online accounts, recharge, etc.
Features of virtual credit card:
1. The application is convenient and fast. When customers apply for this card, there are no complicated procedures and no long waiting, which can take at least a few minutes or more than a dozen. You can get your card in minutes.
2. It is safe to use. This card is a non-overdraft credit card, and there is no risk of malicious overdraft due to submitting the credit card information to others. At the same time, customers can effectively avoid the leakage of private information when using this card. Let you use it freely without any worries.
3. This card is a standard VISA international credit card, including a 16-digit card number, expiration date and 3-digit CSC/CVV2 code. Personal information such as name, phone number, address, etc. can be filled in according to customer needs during use.
4. The validity date (expiration date) of activation virtual credit cards is one to two years, which ensures the security of activated accounts (such as PayPal, EB, etc.). (Note: As we all know, PayPal and EB systems regard accounts with credit cards with an expiration date of less than six months as "high-risk accounts" and may restrict the use of such "high-risk accounts" at any time).
5. This card is a pre-deposit VISA international credit card. The card can apply for different amounts of US dollar credit between US$1 and US$500 according to customer needs.
6. This card is valid all over the world. You can shop and pay on any international online website, such as registering domain names, purchasing space, purchasing game points, and purchasing software on American websites. Because this card is a pre-deposited VISA international credit card, merchants will prefer this type of payment to ordinary physical credit cards because it has no credit security issues and merchants can receive payment 100%.
7. This card can perfectly support the activation of PayPal accounts, EB transaction accounts, game accounts, various tasks and other international network accounts, etc. This account can be PayPal, international EB, online games and other network accounts. It supports any of the countries. When you enter the step where you need to fill in a credit card during the activation process, this card will allow you to pass smoothly. The account activated with this card has exactly the same effect as if you activated it with an ordinary physical international credit card.
8. This card is issued by a regular bank that joins the VISA international organization and abides by the rules and regulations of the VISA international organization.