Looking for a free, no deposit virtual credit card? DoNotPay is the way to go!
Did you know that in 2018 alone, 1244 data breaches exposed over $440 million records! Identity theft has become a major cause of concern for many American citizens who are now looking for ways to protect their personal information.
A lot of online retailers and websites that offer subscription services store your banking information and use it to charge your account each month without you even knowing.
Free trials are a perfect case in point. How many times have you found out that you have been charged for a service you did not use, and then figured out that the provider auto-renewed your free membership and turned it into a paid one?
Enter DoNotPay and virtual credit cards. DoNotPay’s Free Trial card is the quintessential solution to these kinds of marketing tricks. With our free VCC (virtual credit card), you will never again get charged for a service you are not using. We have found a way to make free trials genuinely free! All you have to do is open DoNotPay through a web browser or by downloading the iOS app.
Never heard of a virtual credit card? Let us explain!
Virtual credit cards are virtually disposable replacements for physical credit or debit cards. VCCs are provided by almost all major credit card issuers, as well as third-party companies. Typically, you would use your provider’s website or application to generate a virtual card and use it for online purchases.
What is great about VCCs is that they are extremely flexible and convenient to use. You can set a maximum charge limit on them, lock them to a single online retailer, as well as cancel them in a matter of seconds.
Think about your static credit card for a second. All the information found on it is permanent, so whoever gets their hands on it will immediately gain access to your personal banking information. Virtual credit cards are a bit different. Let us see how they work.
How virtual credit cards work
When you set out to create a virtual credit card through your issuer’s app, you will get a new random card number, CVV, expiration date, etc. This information is usually linked to a single transaction you are making, meaning that fraudsters, even if they do manage to grab your transaction details, will not be able to do anything with it.
DoNotPay, unlike most other VCC issuers, does not even require you to link your physical credit card to the virtual one. Accounts generated by our app are short-term to the point where the merchant is not able to auto-renew your subscription since the account information you provided is no longer valid!
Virtual cards prevent exposure of your banking details because of the single-use nature of the tokens that the VCC issuer uses to confirm with the retailer that the transaction is good to go.
What about DoNotPays Free Trial Card? How does it work?
At large, our virtual credit cards operate in the same way as other VCCs do, but with a few interesting twists.
When you use our app to generate a virtual account, we do not ask you for any banking information. You can use whichever available name, number, and expiration date you want. We will even provide you with a temporary email address that you will be able to use for various online subscriptions.
This temporary email will forward the messages directly to your real email address, but without any security risks. All tracking information, including your location, will be removed from the communication!
We believe that this temporary email address is hugely important as it prevents your real email address from being placed on shady email marketing lists.
To sum things up, here are all the things that our free virtual credit card does for you:
- Generates a completely random card number
- Automatically approves billing pages and free trials
- Cancels subscriptions for you
- Prevents subscriptions and additional charges
What makes virtual credit cards great?
By now, you have probably realized that virtual credit cards provide an outstanding level of data security. That is true, but there many other features to look forward to if you decide to opt for a VCC:
- Virtual credit cards allow you to experience a free trial without subsequent charges
- In cases of data breaches, your personal information remains as safe as it can be
- If you use DoNotPay’s Free Trial Card, you will not even have to share your banking details with us
- VCCs allow you to set a fixed charge limit on your account, preventing additional charges from occurring
- Some card issuers allow you to set the expiration date up to one year in advance in case you want to use the virtual card for recurring monthly purchases
- VCCs can be linked to a single online retailer, and they will only allow transactions with that particular merchant
Yet, virtual credit cards are not perfect
We would love it if we could say that there are no disadvantages to virtual credit cards, but that simply would not be true. Though there are much more upsides than downsides to VCCs, it is worth keeping the following in mind:
- Virtual credit cards can only be used for online purchases
- Withdrawing cash from a virtual credit card is not yet possible
- Depending on the issuer, you will sometimes have to manually enable eCommerce services for your VCC (through the dashboard or by calling the issuer)
- For online purchases that require physical cards as proof, such as airplane tickets, virtual credit cards cannot be used
A quick overview of virtual credit card’s pros and cons
To make things easier to understand, and hopefully, help you decide whether virtual credit cards are a good fit for you, let us put VCC’s pros and cons side by side:
|There is no risk of losing them since they do not physically exist|
They cannot be used for offline purchases
You can set a maximum charge limit on your VCC
|There is still no way to withdraw cash from your virtual credit card|
|You can link your VCC to a single online merchant|
In some cases, you will have to contact your issuer to enable eCommerce services
VCCs protect your personal banking information from data breaches
Virtual credit cards cannot be used for online purchases that require physical credit cards as proof of purchase
VCCs allow you to make the best of free trial periods without experiencing unauthorized charges
You can use your virtual credit card for recurring monthly purchases and subscriptions by setting its expiration date one year in advance
Best known issuers of virtual credit cards
Virtual credit cards have been around for quite some time now. Most mainstream banks issue virtual credit cards to their cardholders, as do many other third-party companies. If you have lost hundreds of dollars on unused subscriptions, DoNotPay is the perfect solution for you. Our VCCs specifically target the problem of quasi-free trials and make sure that you are never again charged for something you are not using! Here are some of the other best known virtual credit card issuers today:
Ezzo Card offers different kinds of virtual credit cards. One of the most popular ones is the Green Card. You can use any billing address on it, including international ones, and the card will be valid for six months. With the Green Card, you will be able to make purchases worldwide, and you will not have to pay any monthly fees!
American Express is a major credit card issuer that provides VCC services. American Express VCCs are typically generated during checkouts when purchasing goods or services. This means that Amex’s VCCs are tied to certain online retailers like Staples and Walmart.
Another major financial institution that offers VCC services is Capital One. Their VCC platform is called Eno, and it is available only to Capital One’s personal credit card cardholders. Eno functions as a web browser extension and appears as a pop-up window that allows you to log in to your account and generate a new VCC. There is no option to set a maximum charge limit, however.
Bank of America’s VCC platform is called ShopSafe. Every Visa and Mastercard cardholder has access to this platform free of charge. Users have the option to set the card expiration date up to one year in advance, which is ideal for recurring monthly payments. To get a Bank of America’s VCC, all you have to do is log in to your online bank account and claim it.
Are mobile wallets better than virtual credit cards?
It depends on your needs. Though both mobile wallets and virtual credit cards strive to provide the ultimate data protection when it comes to online transactions, they are vastly different in terms of flexibility and convenience.
Mobile wallets, or e-wallets, are digital apps that function as substitutes for physical wallets. The apparent advantage of mobile wallets over their conventional counterparts is that there are no physical wallets to carry around and risk losing. Unlike virtual credit cards, you can use your mobile wallet to store other documents and information on it, like your driver’s license. The transaction verification process is pretty straight-forward with mobile wallets. You can do it either by entering your PIN code or by utilizing your phone’s biometrics (fingerprint sensor). The biggest difference between mobile wallets and virtual credit cards is that you can use the former for offline in-store payments! For some people, this feature ends up being crucial when deciding between the two. But, there is a caveat. Since mobile wallets are not yet widely accepted, not all stores will support mobile wallet payments. Keep that in mind.
To better understand their differences, let us put these two contraptions side by side:
|Virtual credit cards|
|Can be used for both online and offline purchases|
Can be used only for online purchases
Support storing additional documentation and information
|Support only credit card information|
|Not yet widely accepted|
Supported by every online store that supports credit card payments
Include additional fees
Mostly free of charge
Pros of mobile wallets
If you are unsure whether mobile wallets would be a good fit for you, take the following benefits into account:
- You can use them for offline payments
- Transaction verification is easily done via a PIN code or biometrics
- It is convenient to use as you can store additional information on them
- You can both transfer funds into your mobile wallet or connect it to your credit or debit card
Cons of mobile wallets
Everything comes at a certain price. Though mobile wallets are convenient to use and support offline payments, they have a few undesirable quirks:
- The world has not yet caught up with mobile wallets, so not all stores will support e-wallet payments
- Mobile wallets heavily depend on the devices they are installed on
- In some cases, mobile wallets will turn up more expensive than credit cards due to processing fees
Pros of virtual credit cards
Virtual credit cards come with a myriad of benefits. Here are the most prominent ones:
- You can set a charge limit on your virtual credit card
- DoNotPay’s Free Trial Card will prevent free trials from becoming paid subscriptions
- You can use a VCC for recurring monthly payments
- There is no physical card to risk losing
- Your banking information is perfectly secure and hidden
- Unlike mobile wallet, VCCs rarely include processing fees
Cons of virtual credit cards
Every rose has its thorn. Virtual credit cards are not an exception to that rule. These are the things to look out for with VCCs:
- VCCs do not support offline payments
- You cannot use them for cash withdrawal
- You might have to manually turn on eCommerce services with some issuers
What are virtual credit cards most commonly used for?
Virtual credit cards have multiple uses, and precisely that flexibility is what makes them an extremely appealing prospect. Among other things, virtual credit cards can be used for:
- Preventing auto-renewals from turning free trials into paid memberships
- Setting up a recurring monthly subscription
- Purchasing products from a single online retailer
Free trials are finally free
DoNotPay’s Free Trial Card is the ultimate solution to unexpected subscription charges appearing on your credit card statements. Our app will generate a short-term card number that will get linked to a single subscription. This way, you will gain access to the provider’s free trial period, but as soon as they try to charge you for the subscription fee when the trial period expires, our app will automatically decline it.
Here are a few services that offer free trials for which you can use DoNotPay’s Free Trial Card:
- Amazon Prime
- Apple Music Premium
- YouTube Premium
- Spotify Premium
- Sling TV
- Kindle Unlimited
- CBS All Access
Setting up a recurring payment plan with a virtual credit card
A lot of people use virtual credit cards as a means of setting up recurring monthly payments for various products and services. Though not all issuers provide this feature, it is a great one nonetheless. For example, if you want to subscribe to a particular service, but want to keep your personal information protected, you can use a virtual credit card to set up recurring payments a number of months in advance.
Tie your account to a single retailer
Some virtual credit card issuers allow you to link your randomly generated credit card to a single online retailer. Plus, you can set a fixed maximum charge limit as well. This feature is awesome if you have found a trusty provider of products, and you want to make sure that only they can charge your account. Because VCCs keep your banking information secure and protected, you will not even have to worry if the retailer gets hacked.
In case you are still wondering what the main differences between static credit cards and virtual credit cards are, let us refresh your memory:
Physical credit card
|Virtual credit card|
|Credit cards are a liability in cases of data breaches|
Virtual credit cards keep your banking information and identity secure no matter what
Unauthorized charges can happen with physical credit cards
|VCCs keep unauthorized charges and other fees off your card statement|
|Credit cards can lose you hundreds of dollars each year|
You will not lose a single dime with VCCs
Credit cards reveal your personal information
VCCs keep your personal information hidden
More than a virtual credit card issuer
We are proud of the fact that we are not just a virtual credit card issuer. Our span of services is constantly expanding, and that is why we are thrilled to inform you that you can rely on DoNotPay for:
- Dealing with issues with credit cards
- Canceling subscriptions or memberships
- Disputing traffic tickets
- Get revenge on robocalls
- Jumping the phone queue when getting in touch with customer service reps
- Fighting speeding tickets
- Suing people and companies in small claims court
- Scheduling a DMV appointment fast and easy
- Getting refunds for delayed or canceled flights
- Contesting parking tickets
- Dealing with bills you are unable to pay for