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  2. Visa is sued over 'Vanilla' gift card scam - AOL

    www.aol.com/news/visa-sued-over-vanilla-gift...

    Visa was sued on Tuesday by consumers who said the card payments network failed to make prepaid "Vanilla" gift cards less likely to being drained by thieves. Ira Schuman, who leads the proposed ...

  3. Gift card scams 2023: What to know about 'card draining' and ...

    www.aol.com/gift-card-scams-2023-know-131432899.html

    Card draining. "Card draining" is a popular scam that leaves gift card purchasers with an empty balance despite having paid for the card. Several local and national law enforcement agencies have ...

  4. GiftCards.com - Wikipedia

    en.wikipedia.org/wiki/GiftCards.com

    GiftCards.com. GiftCards.com is an online gift-card retailer based in Pittsburgh, Pennsylvania. [1] [2] The company sells gift cards for thousands of different large corporate retailers and small businesses [3] including Vanillagifts.com, Best Buy, Barnes & Noble, Sephora, Coach, Amazon.com, and others. [4] [5] [6] The company also offers ...

  5. Maker of popular gift cards sued over alleged ‘card ... - AOL

    www.aol.com/finance/maker-popular-gift-cards...

    The reason why prepaid Visa Vanilla gift cards as well as other prepaid gift cards are being targeted by card draining scams is because of their versatility. These kinds of cards “can be used ...

  6. Gift card - Wikipedia

    en.wikipedia.org/wiki/Gift_card

    Gift card. A gift card, also known as a gift certificate in North America, or gift voucher or gift token in the UK, [1] is a prepaid stored-value money card, usually issued by a retailer or bank, to be used as an alternative to cash for purchases within a particular store or related businesses. Gift cards are also given out by employers or ...

  7. Authorization hold - Wikipedia

    en.wikipedia.org/wiki/Authorization_hold

    Authorization hold (also card authorization, preauthorization, or preauth) is a service offered by credit and debit card providers whereby the provider puts a hold of the amount approved by the cardholder, reducing the balance of available funds until the merchant clears the transaction (also called settlement), after the transaction is completed or aborted, or because the hold expires.

  8. How to check your bank account balance - AOL

    www.aol.com/finance/check-bank-account-balance...

    To check your account balance at an ATM, insert your debit or ATM card, enter your Personal Identification Number (PIN) and select “balance inquiry” or a similar option. Your account balance ...

  9. Credit card balance transfer - Wikipedia

    en.wikipedia.org/wiki/Credit_card_balance_transfer

    A credit card balance transfer is the transfer of the outstanding debt (the balance) in a credit card account to an account held at another credit card company. [1] This process is encouraged by most credit card issuers as a means to attract customers. The new bank/card issuer makes this arrangement attractive to consumers by offering incentives.

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