The Target Prepaid REDcard

[TimT]

about to hit $20k on my total load for the year.

would someone mind explaining the consquences of getting a 1099 from them if i go over 20k?

Can you just simply show/keep receipts of deposits so there are no tax consequences?

TIA

Did you do 200 transactions ?

[lchaim123]

prob less than 50 transactions.

i think its either / or 20k or 200 transactions no?

[Josef.koney]

prob less than 50 transactions.

i think its either / or 20k or 200 transactions no?

If I remember correctly it's both check in the beginners thread

[TimT]

prob less than 50 transactions.

i think its either / or 20k or 200 transactions no?

Both. See wiki

[lchaim123]

thanks guys

also found it verified here:

http://www.irs.gov/Businesses/New-1099-K-Reporting-Requirements-for-Payment-Settlement-Entities

[Oceanblue]

I had a strange problem when I tried to load my redcard with VGCs today with the new system. The CSR forgot to key in the $200 for a split transaction and it caused that VGC to error out at the end. The VGC subsequently didn't work, showing an error to the CSR after I tried a new load transaction with it, coming up with an error to call the number on the debit card. Anyone experience this before with the new system?

[MrPrime1]

I had a strange problem when I tried to load my redcard with VGCs today with the new system. The CSR forgot to key in the $200 for a split transaction and it caused that VGC to error out at the end. The VGC subsequently didn't work, showing an error to the CSR after I tried a new load transaction with it, coming up with an error to call the number on the debit card. Anyone experience this before with the new system?

I think this is what happened to me! Go back a page or 2 to see my story. I ended up calling up one vanilla and having them send me a new gc.

[Oceanblue]

I think this is what happened to me! Go back a page or 2 to see my story. I ended up calling up one vanilla and having them send me a new gc.

No other way around it?  Mine were metabank vgc's.

[MrPrime1]

No other way around it?  Mine were metabank vgc's.

I have no idea. When I called one vanilla they said that everything looked fine on their end and that it should work. I told them I tried making a regular debit purchase but it didn't work and that I think the card is defective so they said they will send me a new card. It works out for me because I won't be near a target to load in th the next few days anyway. You can always try another target if that's an option.

[sam i am]

No other way around it?  Mine were metabank vgc's.

If the card was charged and then the charge reversed, it's possible they put a block on the card. I had this happen to me with a mc gc and was told it will fall off in 3 days (not at target). When I called they said these cards are not designed for that so it looks suspicious. WIth meta vgc I think you can call in and they will remove it.

[Oceanblue]

If the card was charged and then the charge reversed, it's possible they put a block on the card. I had this happen to me with a mc gc and was told it will fall off in 3 days (not at target). When I called they said these cards are not designed for that so it looks suspicious. WIth meta vgc I think you can call in and they will remove it.

Thanks! It definitely seemed like a lock...just didn't know if it was permanent.  I'll putpac and see what happens.

[shalumov]

I am new to PrePaid cards ... which one is better: REDcard or Serve card? Wiki showing that I can not have both. TIA

[rileywiles23]

I am new to PrePaid cards ... which one is better: REDcard or Serve card? Wiki showing that I can not have both. TIA

Nobody can really make that decision, besides yourself. Each have diff. Pros and Cons.

[Marco Polo]

I am new to PrePaid cards ... which one is better: REDcard or Serve card? Wiki showing that I can not have both. TIA

If you can't make it to a Target, Serve may be better.

[PETERP]

Just tried to load 2 Cards I just bought
and would not go thru.
Number on back says system down for service  Issued by Bancorp
Ideas ?

[andysiz]

Just tried to load 2 Cards I just bought
and would not go thru.
Number on back says system down for service  Issued by Bancorp
Ideas ?

There appears to be a system-wide issue with Bancorp (issuer of Vanillas).  Vanilla GC purchases are not activating correctly right now (e.g., CVS receipts printing out that activation will occur within 24 hours instead of just showing "Activated") and cards that were properly activated beforehand appear not to be usable at this time.  Data points starting to come in on FT Redcard 2015 thread.

[PETERP]

There appears to be a system-wide issue with Bancorp (issuer of Vanillas).  Vanilla GC purchases are not activating correctly right now (e.g., CVS receipts printing out that activation will occur within 24 hours instead of just showing "Activated") and cards that were properly activated beforehand appear not to be usable at this time.  Data points starting to come in on FT Redcard 2015 thread.

Thanks . Thats a relief . When I called # on back of card it said system was down

[shoobi]

Registered RC under my brother, they want me to upload docs... prob is his Driver's License says a different address than my house where I registered him, will this be a prob?

I didn't upload docs yet cuz i wasn't sure

[a mirrer]

Registered RC under my brother, they want me to upload docs... prob is his Driver's License says a different address than my house where I registered him, will this be a prob?

I didn't upload docs yet cuz i wasn't sure

i uploaded a passport to avoid this problem

[shoobi]

i uploaded a passport to avoid this problem

Smart!!