About Starbucks Rewards Visa Prepaid Card
The Starbucks Rewards Visa Prepaid Card is hybrid of a debit card and a Starbucks card that gives you a modest sign-up bonus and ongoing rewards that can lead to free food and drinks at the popular coffee chain.
The card launched in June 2018 and became the first debit-card option for Starbucks fans looking for ways to earn and use rewards. Previous to the Rewards Visa Prepaid, there was the Starbucks Rewards Visa credit card and reloadable Starbucks cards.
According to a press release from the coffee giant, the card gives users a simple, quick way to earn rewards.
“We want to offer Starbucks customers a flexible card that delivers more Star-earning potential in the fastest way possible,” a Chase rep was quoted as saying. “The new Starbucks Rewards™ Visa® Prepaid Card is perfect for Starbucks fans who want a simple way to pay and get rewarded for everyday purchases.”
During our research of this card and the Starbucks Rewards Visa, we found that what each card offers could be a little confusing for you. During this review, we’ll talk about what the Rewards Visa Prepaid offers and we’ll provide comparisons to the Starbucks credit card so you’ll see exactly how they differ and which one is best for you.
The Starbucks Rewards Visa Prepaid Card’s Rewards
Rewards are what make a credit card these days; the bigger the rewards, the thinking goes, the better the card.
What’s so unique about this prepaid card is that it’s the first debit card we’ve reviewed that offers benefits at a particular business – or any business, for that matter. Prepaid cards are usually relegated to gift cards and cash cards.
You have two main ways of earning rewards with this debit card: sign-up bonus and spending bonuses.
Your prepaid debit card will be linked to an existing Starbucks reloadable card. If you don’t have a Starbucks card, then they’ll set one up for you that links to your prepaid Visa card. This is important because all the rewards you earn will be sent to your Starbucks card.
The first time you add at least $10 to your prepaid card, Starbucks will give you 125 “Stars,” which are loyalty points you can redeem for food and drink. Every time you hit 125 Stars, you’ll get a free drink or food-item award good for any drink or food item on the menu.
The Starbucks Rewards Visa, on the other hand, offers 2,500 Stars if you can spend $500 in the first three months of owning the card.
Points on Purchases
The other way to earn points on your Starbucks prepaid Visa is to make purchases with it. For every $10 you spend, you’ll earn 1 star.
So, if you load $100 on your card every week and spend all of that $100, you’ll earn 10 Stars every week. Since a free food or drink item costs 125 Stars (more on that in a second), it will take you about 12.5 weeks to earn enough Stars for a freebie.
If you use your card’s money on Starbucks purchases, then you’ll earn 2 Stars for every dollar you spend.
Based on our research, the card’s ability to earn points is really poor compared to rewards credit cards, except when you use your debit card balance to buy things at Starbucks.
Starbucks’ rewards credit card provides 1 Star for every $4 and 3 stars for every dollar you spend at Starbucks stores.
However, compared to other prepaid debit cards, the rewards are incredible because, at the time of publishing, we have yet to review a prepaid card that offers rewards.
Complimentary Gold Status
The final main rewards that you get with the Starbucks Rewards Visa Prepaid Card is gold status, which entitles you to the following benefits that someone with a non-Gold Starbucks card would not get:
- Free food or drink item on your birthday
- Free food or drink item for every 125 Stars you earn
- Earn double stars on one designated day per month
In addition to these benefits, you get the benefits given to Green (basic) status customers: free refills on certain coffee and tea drinks, ordering ahead and paying by phone.
The Starbucks Rewards Visa Prepaid Card’s Fees
One of the things that set the Starbucks prepaid card apart from the Starbucks credit card is that you only pay one relevant fee: $5 for a replacement card.
Aside from that, there is no annual fee, you won’t pay anything to reload your card and, since it’s a debit card, you don’t have to worry about interest rates or late-payment fees.
Why Choose the Starbucks Prepaid Card Over the Starbucks Credit Card?
As you compare Starbucks’ credit card and prepaid card, we’re certain that you are, at some point, going to wonder why you should get the prepaid card instead of the credit card.
A lot of that has to do with a lack of fees. You aren’t going to pay a dime to own the prepaid card, except in the off chance that you lose your card and have to order a replacement.
The Starbucks Rewards Visa, on the other hand, has an annual fee of $49, late fees of up to $37 and an APR between 17.49% and 24.49%.
So, if you have a $1,000 balance on your card for two months and you pay late in the middle of those two months, the fees and interest rate could cost you at least $50.
You’ll never get yourself in that situation with the prepaid card because you can only spend what’s on the card; there is no credit line you can access.
We believe that the card would be an excellent choice for you if you are looking for a card that can provide you with rewards and protect you from late fees, annual fees and interest rates.
You won’t get nearly as many rewards with this card as you would with the Starbucks Rewards Visa, but, for consumers who tend to carry balances and pay late, the prepaid card could be more valuable than the credit card because you’re avoiding hundreds of dollars in interest payments and late fees.
Why Choose the Starbucks Rewards Visa Prepaid Debit Over a Starbucks Card?
While the differences between the prepaid card and the credit card are pretty obvious – fees and interest – the features that separate a Starbucks card and a Starbucks prepaid card are a little more nuanced.
Based on our research, we believe the two features of the prepaid card that make it different than a reloadable Starbucks card are the automatic Gold status and the sign-up/purchase rewards.
When you walk into a Starbucks to get a new Starbucks reloadable card, you don’t get any bonuses. Basically, you fill the card up, use it to buy Starbucks stuff and then fill it up again when it gets low. The card earns you 2 stars for every dollar you spend, but that’s it.
When you use the prepaid debit card, you refill it just like you would a Starbucks card. However, you get the perk of earning 125 Stars on your first $10 deposit to the card and you earn 1 Star for every dollar $10 you spend.
The 1 Star-per-$10 and the 125 Stars sign-up bonus isn’t amazing, as we pointed out earlier, but it does make the prepaid card more valuable than the basic Starbucks reloadable card. Plus, you can use the prepaid card to make purchases where you want.
Also, the prepaid card gives you complimentary Gold status, whereas you’d have to earn 300 stars per year to get and maintain Gold status via a basic reloadable Starbucks card.
The Final Word: Pros and Cons of the Starbucks Rewards Visa Prepaid Card
Based on our research of this card, we believe that it’s actually a pretty interesting rewards solution for Starbucks customers because it protects you from credit-card-style fees (there are none) while providing you better rewards than a basic Starbucks reloadable card.
The downside of the card is that you don’t get nearly as many rewards as you would with the Starbucks Rewards Visa. If you spent $10,000 a year at non-Starbucks businesses, you’d earn 1,000 points. With the credit card, you’d earn 2,500 points.
Also, the credit card’s sign-up bonus is 20 times bigger than the prepaid card’s bonus. But, again, those rewards come at a cost of at least $49 a year (annual fee) and, if you pay late or don’t pay your balance off in full, at least $37 in fees and interest.
Based on everything we’ve learned about the Starbucks prepaid Visa, we believe it’s a great fit for someone who doesn’t want to sign up for a credit card but wants to earn more rewards than what they’d get with a Starbucks reloadable card.
And, because it’s a prepaid card, we think it could be a great budgeting tool for someone who wants to limited what they spend each week in a certain category. For example, if you only want to spend $150 a week on groceries, you can load $150 on the card at the beginning of the week and then use the card for groceries until the money runs out.
9 out 10 people found this review helpful
Canceled for no reason, money disappeared and no help in sight
This card was good until it suddenly stopped working. After being declined at a few businesses, I rechecked the balance, and indeed there was money available. I called the number on the back of the card, which is a special Chase department. They said that I canceled it, which I had not. After being passed around from rep to rep for over an hour, and hearing different explanations ranging from "we're seeing that several different cards were canceled for no reason" to "your card isn't canceled" to "your card doesn't exist."
Clearly they had no idea what was going on and finally said they'd put in a "research ticket" and somebody would be getting back to me in 24-48 hours. After that time came and past, I called again and was passed around Chase again. After two hours of mostly hold time, I actually ended up with the same person I started with, who said that she believes they sent out a bunch of cashiers checks to cover the amount on all the cards that were canceled. I said that wasn't good enough, that I demand an explanation, as I feel my account had been compromised and she had nothing.
My guess is that they may have underestimated the amount that people would use the card. We'll see if they actually do send me my money back, or if that was a way to get me off the phone. Highly unprofessional and frankly dubious business practices.
Bottom Line: No, I would not recommend this to a friendView all 1 commentsHide comments
Dec 12, 2018
I definitely agree that all the “kinks” were not worked out!
7 out 8 people found this review helpful
Starbuck's prepaid debit card doesn't work...where are my points?
I was super excited when I found out about this card and had to have it because I get Starbucks at least 4 times a week. I've had this card for about a month. The initial online sign up was easy and adding it to my Starbuck's app was easy, but my card never got loaded with the $25 I put on it at the signup that it requires you to put on there.
The $25 came out of my bank account but never showed up on the card. I had to call the number on the card to let them know. They went ahead and corrected the issue, but until it was fixed I was loading the card via the Starbucks app which would immediately accumulate SB points when I made my purchases with the prepaid card. However, when I spoke to the man on the phone who added the $25 to my card, he asked if I wanted to "merge" my current Starbucks gold account with my prepaid card. Seemed like a good idea at the time. After he "merged" them (which actually just looks like he removed the prepaid card from my SB app account) I no longer accumulate points to my Starbucks account when I use my prepaid card.
It would not allow me to add my new prepaid card back to my app and just gives me an error saying that my card number does not exist or isn't active. However, through the Chase app, I can still load it just fine and use it just fine. So basically I now have a Starbucks prepaid card for zero reasons.
It doesn't add points to my SB reward account anymore, and I've loaded and used at least $100 and only got points for my first 2 drinks on it from the money I loaded onto it via the SB app prior to the "merge." I tried calling back several times. I have only gotten ahold of 2 people one woman who said it takes 3 to 5 days for the points to post (we are going on 15 to 20 days now with still no points) and another woman who ended up hanging up on me after I waited on hold for about 40 minutes.
I have tried contacting them to correct this but have gotten nowhere. The only plus side to this card is that it's super easy to load and loads instantly from my bank account and there are no monthly fees, but that's not why I signed up for this card. I signed up for the SB rewards points because I go there so often and I'm not getting them. I'm going to give them one more chance, but if I can't get it resolved, I'm cutting it up and throwing it away. To me, it's not worth it. I would certainly not recommend this card to anyone at this time.
Bottom Line: No, I would not recommend this to a friend
6 out 6 people found this review helpful
This card is okay, but very limiting
This prepaid card is backed by Chase bank. I bank with Chase, so I can load funds instantly in the chase app. However, the bad side is that you CANNOT get cash back or use this card at an ATM. You get 1 star for every $10 spent. Not sure if owning this card is worth it if you already have "gold status." You already have the ability to add money to your Starbucks account for purchasing coffee. So I will probably be closing this account because I don’t really see a need for it.
Bottom Line: No, I would not recommend this to a friend
4 out 6 people found this review helpful
No ATM access
Just an FYI, if you spend money without using cash and use a debit card, this card is wonderful because you earn stars for free menu items at Starbucks that you normally would not. This card is also a great way to budget and secure your spending, and because it is not linked to a bank account if the Visa prepaid card number is ever compromised, there is no access to all your money.
The only downfall that I have found in the two weeks of having and using the card is that you cannot use it at an ATM for cash withdrawals although you are required to assign a PIN number. I haven’t tried getting cash back on the purchase yet so that may be an option. Regardless, I plan on keeping the card! It’s free and you earn stars on purchases you would make anyway! Of course, the stars are only a bonus if you drink Starbucks!
Bottom Line: Yes, I would recommend this to a friendView all 1 commentsHide comments
Dec 12, 2018
I share your sentiments!
3 out 3 people found this review helpful
Not so rewarding!
As a very loyal Starbucks customer, I was pretty excited when the new Starbucks prepaid debit and credit cards launched...thinking more ways to earn stars and other Starbucks rewards. That has proven to be farthest from the truth as I have not benefited from being a cardholder that makes reloading the prepaid card worth it (it certainly has me wondering - what’s in it for Chase!).
The Starbucks prepaid debit card certainly doesn’t function like any other debit card I currently have or have researched. Money loaded on this card MUST be used for purchases only and lacks the ability to withdraw funds via an ATM machine or any other source so once you load it, you’re kind of stuck. Additionally, earning one star for EVERY $10 YOU SPEND is not rewarding at all and those star rewards are added to your account monthly - at the end of your billing cycle (should be as you earn them!). One big disadvantage that I’ve recently uncovered is that you are not eligible to participate in Starbucks promotions, ie. Starbucks for Life as, per Starbucks representatives, it is not a registered Starbucks card or digital card...which is actually not true as I have read all the disclosures and agreement terms associated with the Starbucks Rewards Program as well as those on the Chase side and cannot confirm that. Adding insult to injury, I was already an existing Loyalty Rewards Gold member and have been for several years!
Lastly. If you subscribe to just the Starbucks prepaid debit card, you do not have access to use the Chase mobile app nor Chase Pay. Unfortunately, the only way to check your card transactions/history is by phone only and at this day in age with cybersecurity and identity theft, the only information you need to provide to Chase is your name, birth date, and card number...COME ON CHASE, you can certainly do better than that!
Bottom Line: No, I would not recommend this to a friend