It can be registered and used online or in-store and is a great alternative to using your real credit card. You can use this top-up card in any store or platform that accepts Visa and MasterCard. A prepaid card is so great that you can only use it separately for gambling. It separates your gambling funds from the rest of your funds and helps to ensure safe gambling and spending. But what sets a Prezzy Card apart from other prepaid cards? Let’s find out.
Benefits of Prezzy Card
You might be wondering why online NZ users widely prefer a prepaid voucher card. There are many reasons, such as the ability to remain safe while making deposits and receiving withdrawals, limiting your spending, etc. Additionally, it can be a great gift to your friends – and it is one that they will appreciate. The benefits of a Prezzy Card extend beyond anonymous transactions and gifts. Let’s look at how this card can be very useful to you:
Easy to Purchase & Pay
Purchasing a Prezzy card is very easy – all you have to do is order one from the official website and wait for it! Once you do receive it, you have to activate and register the card, during which you can choose the desired value of the card. Payments will become very easy after you have activated the card. Use it the same way you would use a credit card, except you do not have to give away any important personal details.
Fast & Anonymous Transactions
Making transactions anywhere can be risky. There is almost always a chance of someone stealing your credit card information and accessing your funds. However, with a Prezzy card, you can now make transactions anonymously. It is also a faster transaction method because it does not require the same verification process, but it is equally secure. It is all-around convenient!
You Can Pay Anywhere (Offline & Online)
The best benefit of the Prezzy Card is that you can use it anywhere! It is accepted on all online platforms that accept Visa and Mastercard credit cards. You can also use it for in-store or offline transactions. Even if a casino site does not mention that it accepts a Prezzy Card, it most likely does if it mentions that it accepts Visa and Mastercard.
Ability to Top-Up and Use Many Times
You also can top up and use it as many times as you need! However, you can only top up to the card’s value, set during activation. Gamblers enjoy using this prepaid card because it helps them keep track of their spending and divides their funds. Even if you can not use a Prezzy Card anymore, it is easy to purchase and register a new card.
Safety
The safety benefits of using Prezzy Card on online casinos are quite obvious. You don’t have to share your banking information (card number, CVV, DOE, etc.) with the casino. All you have to do is log into your account and write down the 16-digit code from the physical Prezzy Card voucher.
Budgeting
If you’re finding it increasingly difficult to curb your gambling expenses, perhaps a Prezzy Card is exactly what you need. The amount you purchase is the amount you can spend. That’s it – you can’t spend additional funds without purchasing another Prezzy Card and going through the process all over again.
Drawbacks of Prezzy Card
With all good things come the bad – similar to any payment method, a Prezzy Card has some drawbacks and limitations. You do have a top-up limit, but it is compensated by the ability to select the card’s value. Similarly, a credit card has the advantage of direct access to your funds, but that can be risky for Kiwis. However, the drawbacks of a Prezzy card are not many but still need to be addressed:
Fees for Buying the Card
Unfortunately, there are a handful of fees you have to pay for the Prezzy card. Purchasing a card online will cost you nearly $100, but top-up charges also apply. You will also have to pay a 2.6% convenience fee if the Prezzy card is bought on a credit card and the purchase and delivery fees.
Valid for Two Years Only
Another inconvenience of the Prezzy Card is the validity. Unlike a credit card valid that will be valid for up to 4 or 5 years, this prepaid card is only valid for two years. And even though you can renew a credit card, you can not renew a Prezzy Card. You would have to purchase a new one all over again.
Limited Acceptance
Another notable drawback is the limited availability of Prezzy deposits on NZ casinos. More and more digital shops and service providers support Prezzy. The list includes numerous casinos, too. However, a lot of NZ brands still don’t accept Prezzy Card payments, so do your research before registering for an account.
No Withdrawal Option
Unfortunately, the Prezzy Card is not available for withdrawals. It’s nothing surprising, though. After all, Prezzy is a cash voucher that’s primarily used to pay for goods and services online. It’s a prepaid card, one that doesn’t support cash reloads. You buy it, you spend it, and you throw it away. That’s what Prezzy’s life cycle is all about.