A visa gift card is similar to a debit card and represents money deposited with the issuer (Visa). This card can be used for purchases up to the limit on the card at all outlets where visa card is accepted. The difference between debit card and visa gift card is that debit card is usually issued in an individuals name where as visa gift card is issued without any name. Further there is a PIN in debit cards where as for visa gift cards there is no PIN. The amount varies from $25 to $2,500. There are two types of visa gift cards, domestic and international. Domestic can be used only within the US while international visa gift cards can be used internationally.
The visa gift card looks just like any debit card. It has a magnetic strip embedded in it on which the number is encoded. The remaining value in the card can be assessed by radio frequency identification. There are other ways, like entering the printed number on the card into a telephone or other numeric keypad. The simplest way to know the balance on your visa gift card is to call the toll free number on the card and give the card number.
The visa gift card can be given as a reward or gift on various...
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