I received the Verizon My Rewards+ Visa Prepaid Card recently after redeeming from my Verizon home phone and DSL account. Turns out, this card is part of the MyPrepaidCenter.com network and has it’s own 5% cash back program. While with only $10 in my account, this program isn’t much use to me but I can see that it could be useful if you are willing to wait for your balance to build up or have a large starting balance. All cash back rewards will be added to your balance within 10 days after your purchase. The list of merchants will be listed in your MyPrepaidCenter account. As of today, the list of merchants are as follows:
Verizon currently has a rewards program to reward loyal customers who pay their bills on time called My Verizon Rewards. This rewards program works similar to credit card points where every 100 points is redeemable for $1. You will get 50 points for every online bill pay completed on time (works with automatic payment as well), 100 when it’s your birthday, 150 points if you sign up for paper free billing and much more. Check out all the ways you can earn more points. You’ll also need to check your account every once in a while since these points do expire. 500 of my points are expiring next month so I was forced to redeem what I could. You can redeem for gift cards from stores like Amazon.com, Dunkin’ Donuts and Starbucks or even better, for a Visa prepaid card. Once you open an account, you can get your future reward redemption to get loaded on the card. I just redeemed for $10 on the Visa prepaid card.