Account Mypaymentvault Reviews 184

TrustScore 1.5 out of 5

1.3

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Review summary

Based on reviews, created with AI

Most reviewers were let down by their experience overall. Customers express widespread dissatisfaction with various aspects of this company. Many consumers report issues with payments, noting that their transactions are frequently declined. People also report problems with customer service, describing it as unhelpful and slow to respond. Consumers also mention negative experiences with the company's website and contact methods. The opinions regarding the product itself are mixed, with no clear consensus among reviewers. Overall, reviewers express frustration with the level of service and the difficulties encountered while trying to use the company's services.

Based on these reviews

Rated 1 out of 5 stars

This is THE worst “bank” ever. They withheld my funds, and refused to release them. I called them telling them I needed to use them to be able to check into a hotel otherwise I would have no other way... See more

Rated 1 out of 5 stars

Terrible, borderline scam. They will put your card on hold before you even use it- "for security reasons". Then you will need to submit a request for them to review it. That will then take 24 hours.

Rated 1 out of 5 stars

Tried buying at Boots online (one of the most known drug stores in the UK). The payment was rejected twice. Atoya from customer service just said Boots rejected the payment without providing any other... See more

Rated 1 out of 5 stars

I received a credit from my job. Card not accepted when attempting to purchase on Bandcamp. The messasge, This transaction cannot be processed. Please try a different card, or use PayPal to complete y... See more

Rated 1 out of 5 stars

Designed to keep your money. You cannot signup on the website without first calling in (calling in typically leads to them blocking your card for some BS security reason), even if you do everything co... See more

Rated 1 out of 5 stars

0/5 GiftCard works on very few websites, now my account won’t work and customer service just copy pasted automated responses. This is a scam

Rated 1 out of 5 stars

Worst gift card experience. To verify transaction I'm inputting OTP code and after it's asking second verification which of the options is my recent transactions. Answer is none of them so it's a real... See more

Rated 1 out of 5 stars

Scam. Received a gift card from my company. Unable to use it. Called in the hotline to verify address. After verification, was told it's not complete?! And they cannot continue to activate the card. N... See more

Rated 1 out of 5 stars

Loaded digital card to Amazon. Tried to verify 3 times. Took me back to mypaymentvault to approve, which I did. But card doesn't verify. Pop-up appears to fssnet.co.in, with blank login details, w... See more

Rated 1 out of 5 stars

Tried to create an account after activating a gift card. First, who requires usernames these days? Email addresses are the typical username. What is this a '90s video game? Next, the password requirem... See more

Rated 1 out of 5 stars

If I could give zero stars I would. Can't make a payment with these cards on 99% of sites and left over monies are tied to the card forever as transfers to sites like Paypal are impossible.

Rated 1 out of 5 stars

Please stay clear. Incredibly poor customer service, can’t access my money, continually blocked payments, told I keep entering the details wrong and problems at the merchants end. Won’t say which reta... See more

Rated 1 out of 5 stars

Got an incentive cashback reward given to me on a victual card by these guys. seems like I have the same issue as everyone here, not allowed to transfer funds and blocks any purchase you try to make.... See more

Rated 1 out of 5 stars

Mypaymentvault is a nightmare. They did KYC checks on my account without any heads-up, and now I'm locked out of using my card for up to five business days. Terrible communication and zero transparenc... See more

Rated 1 out of 5 stars

Shady company that offers prepaid Mastercards that are not accepted on any of the big platforms (Google Wallet, Paypal,...). Customer servide is very poor and they do not offer a solution except: 'you... See more

Rated 1 out of 5 stars

Not recommended at all. It doesn’t work with most online retailers and when you try to contact customer service, they blame you for entering the details incorrectly (which isn’t true). If you try reac... See more

Rated 1 out of 5 stars

This company is fraudulent. They collect all your details and tell you they can't verify you again after your account is activated and you try to chat with them online. Tried to use my virtual card fo... See more

Rated 1 out of 5 stars

Received payment and had it loaded into the account. Declined by one website, tried Amazon the day after and was declined again. Support blamed for incorrectly entering a CVV. Then blamed Amazo... See more

Rated 1 out of 5 stars

Had 2 prepaid cards and had no end of trouble trying to spend them. Managed to spend my £20 after numerous emails backwards and forwards and blocked card. The 2nd one they keep saying it’s because I... See more

Rated 1 out of 5 stars

The worst customer service in the world. We are currently going back and forth with emails, chats, etc. I cannot access the account with the payment. In response they are telling me to do the thing... See more

Rated 1 out of 5 stars

I had my card compromised and by the time I noticed anything there was over $850 gone. With 97 declined transactions you'd think that something would have been done. I was told to file for fraud so I... See more

Rated 1 out of 5 stars

Colleagues at work made a collection for me on the birth of my child. I had a choice to take the money as a gift card at a few different stores or as cash on a digital card. I chose a card with prepai... See more

Rated 1 out of 5 stars

Anyone in the UK - stay away! Wish i had read the reviews before i redeemed my thankbox collection for a prepaid mastercard. It was hell trying to spend it - got blocked by all retailers I tried (and... See more

Rated 1 out of 5 stars

do not use! I tried to redeem and I got prompted to send over my identity and was sent a token that does not work. When I contacted them they keep sending me repeated auto-generated emails about... See more

Rated 1 out of 5 stars

Absolute disaster. Support is absolutely stupid and inadequate people. They demand documents that they have no right to demand, they answer requests and questions without even reading them. One answer... See more

Rated 1 out of 5 stars

This platform is horrible! We enter our data, send our documents, they take a long time to respond and they always find a way to not approve it! It's a disappointment, I've already advised against... See more

Rated 1 out of 5 stars

This business is 100% a scam. I was issued a card in May of 2024, and it says that it expired in December 2024. It says the card cannot be reissued, and phone support was very litigious in pointing ou... See more

Rated 3 out of 5 stars

Mixed feelings. I don't think this is a scam at all, it's just reeeeeeally badly operated and I'd advise anyone reading this to just not bother. From what I can tell, Amazon purchases will... See more

Rated 1 out of 5 stars

They literally are just thieves. I had a prepaid virtyal mastercard, used it in Morrisons...Card got blocked. Got onto customer support, they said the card has been blocked because the details were... See more

Rated 1 out of 5 stars

I got a pre paid card off Mistplay. I have tried to redeem it on three different sites only to be declined. Did chat online. They won't transfer. Tell me the retailers aren't reading the card right an... See more

Rated 1 out of 5 stars

Horrible scam. Wasted my time with repeated same emails about verifying identity and non existent QR codes. Would rate 0 stars if possible. Customer service emails were the exact same each time.

Rated 1 out of 5 stars

The worst experience with their customer service (regarding antimoney laundering policy). They waste your time like if they were paid extra for it. Never again. My funds are still frozen and they do n... See more

Rated 1 out of 5 stars

Would rate no stars if possible. The company is a legitimate scam. They use AI customer service that doesn't answer any queries. This company should be shut down by any standards authority.

Rated 1 out of 5 stars

I am using My Payment Vault to redeem awards from my employer. Yesterday I created a card in My Payment Vault, but the payment done with it was repeatedly declined by the merchant. I called the mercha... See more

Rated 1 out of 5 stars

The website is unhelpful, so I tried to email, but never got a response. So then I tried to call them, because for some reason my card was blocked. I have never dealt with such rudeness from cust... See more

Rated 1 out of 5 stars

Total Scam in Europe. Might work in US but no retailers in Europe take it either online or physical. the ONLY exception to this is Amazon. which in itself raises eyebrows if there is some deal going... See more

Rated 1 out of 5 stars

Horrible customer service. They say they will escalate your issues and rush you off the phone. Never call back when they say they will. My fraud claim was denied when I had called multiple times an... See more

Rated 1 out of 5 stars

Worst thing I have ever used it says you get it and gives u half the information then blocked every transaction you try to make

Rated 1 out of 5 stars

The customer support experience is appalling. The company behaves in a highly unprofessional manner and raises serious concerns about its legitimacy. They refused to cancel my service, failed to... See more

Rated 1 out of 5 stars

Scammy company with scammy practices. Redeemed card and could not use it on various websites. A complete rip off - stay away!

Rated 1 out of 5 stars

I want to give negative stars if I can. this company sucks. I am surprised they are still in business. they make it impossible to use my card. I called multiple times but they cant fix the problem. su... See more

Rated 1 out of 5 stars

Worst company to deal with - zero help from the customer care team - My card was used in US while I am in Australia and they cannot do any thing - they ask to open a dispute which will take 90 days t... See more

Rated 1 out of 5 stars

They are a fraud not able to use the card anywhere. They dont help. BIG FRAUD!

Rated 1 out of 5 stars

The transactions on my stolen Mastercard were made at locations in Haines City and Davenport, all within 4 to 22 minutes of the company’s PO box - strongly suggesting internal misuse by someone with a... See more

Rated 1 out of 5 stars

I’ve had an extremely frustrating experience with MyPaymentVault. Every single payment I attempted was declined, with no clear explanation provided. I reached out to customer service multiple time... See more

Rated 1 out of 5 stars

rcvd a card for credit refund from AT&T for .64 cents. When I tried to cancel the card (did not want to be billed their minimum $4.50 for not using it), i could not ever reach anyone.. It does not giv... See more

Rated 1 out of 5 stars

Actually useless! Don't even bother using them. Got a gift card from work, turn it into a master card. Tried to buy something online argos didn't work, tried amazon didn't work. They have blocked my... See more

Rated 1 out of 5 stars

Security lock followed a device/2FA reset and VPN drift. 𝙺𝚎𝚐𝚒𝚎𝚡 𝚘𝚛𝚐 correlated session logs, IP ranges, and possession factors to re-establish control. Access returned and the transfer comple... See more

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1.3

Bad

TrustScore 1.5 out of 5

184 reviews

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Rated 1 out of 5 stars

Absolute Worst - Avoid At All Costs

This service is fundamentally broken. My Payment Vault actively prevents you from using your own money. Expect to call them for nearly every single transaction you attempt, only to be told by their terrible customer service to "wait 24 hours and try again."
It is the most frustrating financial product I have ever used. The card is completely unreliable and useless for any real-world situation. Do not sign up for this service.

January 5, 2026
Unprompted review
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Rated 1 out of 5 stars

The WORST experience

The WORST experience! They keep the funds on your card without warning. You have to send emails constantly every time you want to make a purchase, and you can't transfer the money back to another account to get it out! They hold onto your money and keep it. A real scam disguised as a "bank." I filed a complaint with the CFPB hoping they'll review my case, and from what I've read, I'm not the only one going through this. I hope this doesn't happen to anyone else.

December 31, 2025
Unprompted review
Rated 1 out of 5 stars

… Don’t rely on this online platform

… Don’t rely on this online platform. They refuse to authorize withdrawals. They manage a money‑generating digital‑contract structure and take our assets. I experienced the same outcome as others. Stay away. I eventually located 𝐞𝐭𝐡𝐢𝐜𝐚𝐥𝐬𝐞𝐫𝐯𝐞𝐫, and they addressed the withdrawal difficulty with politeness.

January 4, 2026
Unprompted review
Rated 1 out of 5 stars

This is THE worst “bank” ever

This is THE worst “bank” ever. They withheld my funds, and refused to release them. I called them telling them I needed to use them to be able to check into a hotel otherwise I would have no other way, and would end up having to be on the streets. In response, I was told by a manager to “use your own money”, and then shouted at. I was unable to check into my hotel as this was all my own funds, I was also within the same country as issuance (USA) so there should have been zero cause for refusing to release my funds, and was refused access to them for a extended period of time for no sound reason at all. It is utterly appalling the service they provide, one service person tells you one thing and to check back in a week, when you call back the person tells you the complete opposite information. If I hadn’t had a woman who called herself the manager shout at me down the phone whilst I was alone in New York City trying to get a hotel with the only amount of funds I had left from a summer job telling me to “use my own money”, I still would rate this 1 stars as they have been utterly appalling every other time I called them! Stay away, your welcome.

June 10, 2025
Unprompted review
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Rated 1 out of 5 stars

Terrible, borderline a scam

Terrible, borderline scam. They will put your card on hold before you even use it- "for security reasons". Then you will need to submit a request for them to review it. That will then take 24 hours.

December 26, 2025
Unprompted review
Rated 1 out of 5 stars

If I could give zero stars I would

If I could give zero stars I would. Can't make a payment with these cards on 99% of sites and left over monies are tied to the card forever as transfers to sites like Paypal are impossible.

December 23, 2025
Unprompted review
Rated 1 out of 5 stars

Worst company to deal with

Worst company to deal with - zero help from the customer care team - My card was used in US while I am in Australia and they cannot do any thing - they ask to open a dispute which will take 90 days to resolve - and then again if they send a replacement that might get used again - and they can't do anything - worst company to deal with - don't do business with them - I wish i had less one star option - I'll give it to them

December 21, 2025
Unprompted review
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Rated 1 out of 5 stars

0/5 SCAM!

0/5

GiftCard works on very few websites, now my account won’t work and customer service just copy pasted automated responses.

This is a scam

December 20, 2025
Unprompted review
Rated 1 out of 5 stars

AVOID!

The customer support experience is appalling. The company behaves in a highly unprofessional manner and raises serious concerns about its legitimacy. They refused to cancel my service, failed to provide basic information, and offered no meaningful assistance at all.

I have never felt the need to write a service review before, but in this case I feel obligated to share my experience to warn others. The level of disrespect and poor treatment is unacceptable. The website is poorly designed, difficult to navigate, and appears non-compliant with basic transparency standards.

It is extremely difficult to find essential company information, such as registered address or ultimate beneficial owners (UBOs), which is a major red flag.

Do yourself a favor and avoid this company. Dealing with them has been frustrating, time-consuming, and deeply disappointing.

December 19, 2025
Unprompted review
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Rated 4 out of 5 stars

Keep everything in caps

Keep everything in caps , ive just redeemed 2x £10
ASDA gift cards with no problem at all , you can also add them to your google wallet.
i came on here hoping someone knew how to spend these, and there was good advice from a lady below, saying to buy gift cards and keep all info in caps, so i did that and they worked first time. so thank you.

December 14, 2025
Unprompted review
Rated 1 out of 5 stars

Worst gift card experience

Worst gift card experience. To verify transaction I'm inputting OTP code and after it's asking second verification which of the options is my recent transactions. Answer is none of them so it's a real pain to shop.

December 6, 2025
Unprompted review
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Rated 1 out of 5 stars

Scam

Scam. Received a gift card from my company. Unable to use it. Called in the hotline to verify address. After verification, was told it's not complete?! And they cannot continue to activate the card. No help given and the customer service is absolutely horrible.

December 1, 2025
Unprompted review

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