Kudos to you for this. Two quick questions:
- Where are these issued, or more specifically, what charges will there be for using them outside the US$ realm, other than the exchange rate itself?
- What do we do to use the full credit, if for example I have $13 left and I want to buy a $14 piece of gum?
Hello,
Those are good questions. I'll likely add them to my FAQ.
I am the issuer. The banks I use are in Canada. Not to knock the USA or anything, but I think that having your funds outside of the USA is a good thing. Look to e-gold, Liberty Dollar, and GoldAge as examples.
The banks typically charge a 2% spread on foreign exchange. Visa takes some, the bank takes some. This is typical of all credit cards.
That's expensive gum.
You'd have to buy something for $13 or less or make smaller purchase until the balance is depleted.
The best deal is on the $100 VISA, currently. I am keeping the price artificially low on that one on purpose to pick up some Bitcoins for B4C. This is a limited time offer -- so act fast. (end of sales pitch).
Cheers!
The Madhatter