How Virtual Credit Cards Work?
How often does this happen – you sign up for a free trial, input your credit card details, and then forget about it? The next thing you know, you’ve been charged for a service you never even used, and have forgotten that you applied for it altogether! You go over your transactions, and you see a subscription for that new streaming service, that fitness program you never used, or the VPN service you forgot exists. Those extra $20, $80, or $100 can take a significant toll on your budget if you’re not a gazillionaire, and even if you were, why would you pay for something you never used?
This scenario is well-known to people all over the world. To avoid wasting money, when you sign up for a free trial, instead of using your real card – use a virtual credit card!
Since we live in a fast-paced world and have no time to waste on setting reminders for each trial we sign up for, DoNotPay has developed a new and convenient way of saving money and time – the Free Trial Card! Download it now on your iPhone or use it directly from your web browser.
What is a virtual credit card?
Virtual credit cards are basically unique credit card numbers, randomly generated and available for use to anyone that signs up for a free trial service with a company. They allow you to make “transactions” without revealing your real information, including your credit card number, expiration date, or name.
What this means is that you can sign up for all the free trials you want without worrying that you will be charged a ridiculous amount after it’s over. Joshua Browder, the founder and CEO DoNotPay, said that he got the idea for the Free Trial Card after he was charged for a gym membership he never used. Browder states that many companies use deceptive methods of charging free trial users and that the free trials are not really free if they demand your credit card information when you just want to test the service and figure out if it is for you or not.
The beauty of virtual credit cards is that, to the merchant, they look like a regular credit card. That way, you can try out their services without the fear of having to pony up for the cost of a yearly membership when you forget to cancel the trial or figure out that you were supposed to cancel it only one day after its expiration date.
How does DoNotPay’s virtual Free Trial Card work?
Virtual credit cards work very similarly to chip credit cards. When you use a chip credit card, a merchant receives a single-use token that is changed every time you use a card. This means that, if you’re dealing with a fraudulent merchant, they are unable to misuse your card since they only have a single-use token, valid only for that one single purchase you made with them.
Virtual credit cards are more or less the same. A virtual credit card creates a temporary account number, so if the fraudster tries to misuse it, they are unable to do so. The virtual card cannot be used for unauthorized purchases since it is usually limited to one transaction, one merchant, or one spending amount you decide on.
When you use the DoNotPay’s Free Trial Card, you can use any address or name and the virtual credit card number and expiration date provided by the DoNotPay app. However, the app offers another perk – a temporary email address you can use to sign up for these services. Download it now on your iPhone or use it directly from your web browser.
The app will generate a random email address and forward the messages to your real email, but removing all the tracking regarding the location and other data companies use to market their services to you.
This means that you will be absolutely protected when you sign up for services. Not only will your credit card information and real name be hidden, but you will also protect your email address and avoid being placed on email marketing lists companies use to advertise their services and convert leads to paying customers.
The DoNotPay Free Trial Card helps users save time and money by:
- Generating a random credit card number
- Approving on “free trial” or billing pages automatically
- Not approving subscriptions or other charges
- Canceling subscriptions for you
The method behind virtual credit and debit cards
When you use DoNotPay to generate a virtual credit card, the app’s algorithm does all the work for you. When you click the “purchase” button, the DoNotPay system gets the ping and looks up the code request to check if it is for a free trial. If not, the app will decline the transaction, meaning that no money will ever leave your pocket.
You cannot make real purchases with the Free Trial Card, but it is, nevertheless, an actual card that will work for free trial signups.
Why do people use a virtual credit card number?
Many companies fail to notify their free trial users that they will start charging them for the services they provide. Some companies make the cancelation process very complicated, and some even renew your plans even after you cancel the trial!
This is a big issue that many people are complaining about since they are usually unaware of these charges until they check their transactions and credit card records, often months after the charges started. Hundreds of dollars can be charged to one’s credit card before they realize that this is happening, and for this reason, DoNotPay has developed the Free Trial Card.
So, where can you use it? DoNotPay allows you to sign up for free trials for services you always wanted. They include:
- Amazon Prime
- ESPN Go
- PlayStation Vue
- CBS All Access
After your trial expires, the DoNotPay app automatically cancels it, and, since you used a virtual credit card, you can rest assured that no charges will be placed on your actual card.
Let’s see how using the Free Trial Card compares to using your regular credit card when you sign up for free trials:
|Real credit card||DoNotPay’s Free Trial Card|
|Revealing your credit card information||Protecting your info|
|Charges can be made||Charges cannot be made|
|If the website is hacked, your credit card can be compromised||If the site is hacked, your credit card is not compromised|
|Potentially thousands of dollars lost||0 dollars lost|
What else can DoNotPay help me with?
Apart from the latest Free Trial Card feature, DoNotPay offers a multitude of services for its users. The app became famous for contesting hundreds of thousands of parking tickets all over the United States, as well as offering help when suing companies in small claims court.
DoNotPay can help you:
- Beat speeding and parking tickets
- Contest speeding tickets
- Use a virtual credit card to avoid charges at the end of a free trial
- Sue companies and people in small claims court
- Cancel any service or subscription
- Getting you an appointment with DMV faster
- Contacting customer service for you and connecting you after they reach a real human being