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Best Virtual Cards for Freelancers 2022

Virtual cards are identical to physical debit or credit cards, with the exception that they are not physically present.

They only exist online as part of a brand-specific entity. They function, however, in the same way as regular cards.

Even those banks that were initially hesitant to do business online are now offering both options.

Alternatively, if you have a virtual card, you can choose the physical version.

Similarly, any debit/credit card will have a random and unique card number, CVV, expiration date, and credentials that correspond to your identity.

Because we are still in the early stages of digitalization, we are vulnerable to a few errors.

Websites like Amazon, eBay, and other well-known brands have a reputation to uphold, and they have no business stealing your personal information.

However, some vultures and hawks are waiting for the right moment to catch you in the trap.

Along with the opportunities to have fun, you can also stay safe from online fraud if you are smart and active.

Furthermore, applying for a virtual card is simple, time-saving, and comes with numerous advantages. Everything will be explained in detail further down.

FAQ: Best Virtual Cards for Freelancers 2022

Do banks in the USA provide virtual credit cards?

Only three banks in the United States offer virtual credit cards to their customers. They are Citibank, Bank of America, and Capital One

 What is the procedure when applying for a Virtual Credit Card with banks?

There are two methods of applying for a virtual credit card. First, you can approach the bank directly to get a virtual card. If the bank doesn’t offer this online service, then one can get a regular credit card linked with the online services of a third-party bank or payment system that offers such a service.

Can virtual credit cards save you from fraud?

Unlike their physical counterparts, virtual credit cards ensure a safe and secure online shopping experience. While entering your credit card information on trusted sites like Amazon or Walmart may be safe, there are some sites that can take advantage of the information you provide.

What are the disadvantages of having a Virtual Credit Card?

A virtual card cannot be used in physical stores because it was created exclusively for online purchases. The cards can be inconvenient at times, especially when trying to get a refund for items that have been returned. Because the policy stipulates that an amount cannot be refunded back to the buyer through the same online portal, the buyer must collect payment from the physical store.

Who can benefit from Virtual Cards?

Most banks do not issue credit cards to freelancers. As such, virtual credit cards can be extremely beneficial for freelancers, digital marketers, bloggers, and writers. These cards can also be used by those who don’t own a credit card in order to access websites that don’t accept debit cards

7 Best Virtual Cards for Freelancers 2022

1.US Unlocked

This virtual prepaid card is best known for allowing users to shop from a variety of US retailers from any location in the world. It only took a few minutes to sign up for their service, load $50 onto the card, and pay a small fee to use the card for one-time purchases at a variety of US merchants.

The virtual card comes with a billing/shipping address in the United States, making transactions with US retailers simple. You can get immediate access to services like Netflix US, Hulu, and HBO Max, which are only available in the United States.

You get two types of cards from US Unlocked. The first card only permits one-time use and cannot be reused for transactions. The other is a merchant-specific card that locks to a particular merchant after tangling in a transaction with them.

Features:

  • Assigned US billing and shipping address
  • Set spend limits
  • Access US only websites
  • Connects to freight forwarding partners

Conclusion: US Unlocked provides you with a useful virtual card that allows you to easily access any of your favorite US-specific websites. It only requires a simple sign-up and a small subscription fee that is based on the amount loaded on your card. With the cards you receive from US Unlocked, shopping online is a breeze.

Price: $ 15-lifetime membership fee, depending on the amount loaded.

2.AirTM

With AirTM, you can shop in any currency from anywhere. Also, inquire as to how useful this might be to a freelancer.

Keeping track of your expenses is difficult enough, but when you add in currency exchange, imagine the headache.

Furthermore, AirTM never requires you to maintain a minimum balance. With AirTM, one can achieve true financial independence.

Another appealing feature is that you can contact their customer service at any time of day.

AirTM can also be recharged at over 800 different banks.

Is that all there is to it? We don’t think so. If you’re a freelancer, it’s hard to believe you don’t have a cryptocurrency balance.

If you’re looking for ways to make the saturation work for you, AirTM can help.

You can load cryptocurrency into your AirTM wallet for exchange or spending, as the case may be.

There are many packages for the type of card, and if you wish to check their fee, you can proceed to this link.

3. Payoneer

Payoneer’s virtual card enables you to make purchases online in MasterCard-accepting eCommerce stores. Using Payoneer’s virtual card to make payments is similar to using a physical card. You simply need to enter your credit card information on a payment page.

If you already have a Payoneer account, getting a virtual card is very simple. You must fill out the required information on Payoneer’s website. The company will then review your information before issuing you a virtual credit or debit card.

Features:

  • For quick online purchases
  • Easy application
  • Accepted in stores that accept MasterCard
  • Free with a Payoneer account.

Conclusion: If you have a Payoneer account, you will greatly benefit from its virtual card service. It is simple to apply for and allows for quick online purchases. These cards are ideal for making a one-time purchase of an online service.

Price: Free

4. Privacy.com

As the name implies, virtual Privacy cards are our preferred method of making secure payments with a card.

This is a one-of-a-kind method of recreating a one-time-use card number for each transaction made under a given identity.

As we’ll be talking about the advantages of virtual cards over physical cards, Privacy takes it a step further.

Many American banks, including Citibank, Wells Fargo, and Bank of America, to name a few, work with Privacy.

There are a few services that would give you a very hard time when you want to cancel some of your subscriptions with them.

Their power is that they have your credit card details, and Privacy snatches such services from misusing their power upon us.

When these subscription status needs to be canceled, you can just do so by Privacy one-click unsubscribe.

Since your credit card number changes for each transaction, companies have no possible way of charging the previously entered credit card number.

And yes, it is a legal way of using your assets.

And most of all, this service is free, but to sustain itself, it does deduct a small commission in each transaction, transparently.

5. LeoPay

LeoPay is a global financial management tool that allows users to create an account in minutes and obtain multiple IBANs (International Banking Account Numbers) in various currencies. It’s simple to set up and use, and it’s accessible via the web or a mobile app.

Users get two virtual cards for free when they sign up for the service. The card can be used to pay or withdraw money from any location on the planet. You’ll also receive transaction alerts for any payments you make or receive right away.

Features:

  • Get multiple IBAN in more than 10 currencies
  • Two free visa cards provided
  • Instant notification
  • 24/7 access from the web and mobile app

Conclusion: LeoPay is designed for frequent travelers and businesses with operations in multiple countries around the world. With the virtual Leo visa card, you can pay and withdraw money from anywhere in the world.

Price: Free

6. Airwallex

Airwallex is a service that can help you save money on international transactions.

Airwallex is a fintech company based in Australia that doesn’t charge any fees for international transactions.

Surprisingly, there is no charge for it on a monthly basis.

We’re not sure how they do it, but it appears that they’re concentrating on attracting more freelancers to their platform.

And while it lasts, we must ensure that we take advantage of it.

You will also receive a 3% discount if you use your Airwallex card to purchase any software subscription.

Overall, depending on your choice, you get the security of Visa or Mastercard.

Airwallex is a smooth, secure, easy-to-relocate, quick, and cost-effective virtual card service that you should try at least once.

7. EcoPayz

EcoPayz is an all-in-one virtual payment system that allows users to send and receive money from anywhere in the world using a single, secure online platform. To open an account with EcoPayz, you don’t need a bank account or a credit check. After you’ve set up your account, you’ll have access to your funds through this platform, which you can use in any way you want.

The tool is also equipped with the most up-to-date fraud protection technology, ensuring that your money is safe while making online purchases. When using EcoPayz’s virtual card to conduct transactions with merchants, partners, or online shops, it is safe, secure, and efficient.

Features:

  • Send, receive money from anywhere in the world
  • Manage funds from one uniform platform
  • Easy setup, not a bank account and credit checks required
  • Robust security protocols

Conclusion: EcoPayz is a secure platform for managing your funds and conducting financial transactions for both personal and business purposes all over the world. When opening an account with EcoPayz, there is no need for a bank account or a credit check, earning it a coveted spot on this list.

Conclusion

We, as a group of freelancers working together, are well aware of the amount of effort and hard work required to make it work.

I hope that this article on the Best Virtual Cards for Freelancers has given you some insight into the growing popularity of virtual financial management methods.

In an effort to save the environment from plastic, all physical cards will be phased out today or in a year.

Manufacturing a physical card involves a setup that in itself eats up money, so to say.

And, if you still feel anything we missed, mention it to us via the comment box below. We will be happy to help you with your queries.


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