Verizon wireless citi rebate card

The mail-in rebate came in the form of a prepaid debit card instead of just a plain old check. Companies do that because their rebate vendors convince them prepaid debit cards work better for their business. If you receive a prepaid debit card with a small amount of money on it, it can be a hassle. You have to figure out how to get the money off it instead of just depositing a check.

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Pastor Pat Hartsock received a Verizon Wireless rebate card for renewing his contract and buying new phones. It turns out, after the Pastor left the card at the restaurant, someone else used it at various retailers! And, like Pastor Hartsock, you likely won't get a statement alerting you to fraudulent charges or a negative balance. Meantime, Verizon Wireless and Citi say negative balances on prepaid cards affect only a small fraction of customers and Visa and MasterCard tell us merchants are supposed to get authorization to ensure funds are available. Visa and MasterCard also say they have a zero liability policy so prepaid cardholders are not responsible for fraudulent charges.

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