Bitcoin Forum

Economy => Trading Discussion => Topic started by: Jake on June 28, 2012, 04:50:04 AM



Title: Bitcoins to Prepaid Visa/Mastercard?
Post by: Jake on June 28, 2012, 04:50:04 AM
I am in need of a Visa/Mastercard to complete a transaction online, I need only a $15 card.

Is there any Bitcoin to Visa/Mastercard?


Title: Re: Bitcoins to Prepaid Visa/Mastercard?
Post by: Stephen Gornick on June 28, 2012, 08:25:17 PM
It's not cheap for such a low amount but:
 - http://btcinstant.com/

Also, a new service for Virtual VISA:
 - https://walletbit.com/virtual-visa-card



Title: Re: Bitcoins to Prepaid Visa/Mastercard?
Post by: BoardGameCoin on June 28, 2012, 08:55:21 PM
I'm looking at the virtual visa card, and it looks like its balance is denoted in bitcoins. Any information available on how/when they do the exchange? Costs in bitcoins for the service are here https://walletbit.com/pricing. (10% of value plus 0.92 BTC, max value is 30.83 BTC)

-bgc


Title: Re: Bitcoins to Prepaid Visa/Mastercard?
Post by: Stephen Gornick on June 28, 2012, 09:08:24 PM
I'm looking at the virtual visa card, and it looks like its balance is denoted in bitcoins. Any information available on how/when they do the exchange? Costs in bitcoins for the service are here https://walletbit.com/pricing. (10% of value plus 0.92 BTC, max value is 30.83 BTC)

-bgc


At the time you transfer your bitcoins are converted to USDs.

So for a $10 Virtual VISA,  the fee is 10% + 0.92 Bitcoin

So ... $10 + (10% of $10) + 0.92 BTC.
that's  $10 + $1 + 0.92 BTC
or   $11 + 0.92 BTC
or   1.69230769 BTC (At BTC/USD for Mt. Gox last, of $6.5 ) + 0.92 BTC
or   2.61230769 BTC

So the $10 Virtual Visa costs $16.98 USD.  Of course, most of that is due to the 0.92 BTC fixed per-trx fee.


Title: Re: Bitcoins to Prepaid Visa/Mastercard?
Post by: btcinstant on June 30, 2012, 07:04:01 PM
Stephen thanks for pointing our service out - we plan on raising the amounts soon.

Also,our fee is a fix rate attached to the price upon bit-pay check out.

Walletbit is more expensive then our service. As our fee's are the following.

$10 + $3.95
$10 and over $5.95