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Prepaid Card News

Prepaid travel cards 'ideal for gap-year students' thumbnail
Prepaid travel cards 'ideal for gap-year students'
30-Jan-12

Gap-year students should avoid carrying large amounts of foreign cash.

Typical family debt rises by 48% in the past year thumbnail
Typical family debt rises by 48% in the past year
25-Jan-12

Household debts have risen as families struggle with living costs.

Majority of holidaymakers 'keen to cut costs' thumbnail
Majority of holidaymakers 'keen to cut costs'
19-Jan-12

Brits are planning cheaper holidays this year.

Did you know?

The first credit cards were given out in 1950 to just 200 people. They were only accepted in 14 restaurants in New York.

Source: About.com (http://history1990s.about.com/
od/1950s/a/firstcreditcard_1.htm)

Home / Prepaid Credit Cards

Prepaid Credit Cards

Since its introduction, the prepaid card has become a gateway to safer shopping because of PIN protection and a tool for online spending and day-to-day budgeting for consumers in the UK, especially those that are unable to get standard bank accounts with debit cards, or credit cards.

Setup Costs Monthly Fee
Orange Cash Prepaid MasterCard offer

Orange Cash Prepaid MasterCard

Orange Cash Prepaid MasterCard Info

Comes with PayPass contactless payment technology

£5£0 Orange Cash Prepaid MasterCard application
ClearCash iCount PAYG offer

ClearCash iCount PAYG

ClearCash iCount PAYG Info

Perfect for occasional use

£4.50£0 ClearCash iCount PAYG application
Cashplus Fee Free Offer offer

Cashplus Fee Free Offer

Cashplus Fee Free Offer Info

Fee Free for 3 Months! Free € & US $ cards available

£4.95£0 Cashplus Fee Free Offer application
** Great alternative to a currency card, no ATM, purchase or currency FX fees for first 3 months. Once home, use funds left here **

Prepaid Cards

Plus, prepaid cards have offered a new way to receive a salary for Britons who can’t get or don’t want a bank account and people who have just arrived in the UK from abroad.

It is well worth noting that prepaid cards do not come with a credit facility like a credit card and are referred to as 'prepaid credit cards' because of the plastic card functionality they share with credit cards; namely that you can use them securely with a PIN and also to buy goods and services where a credit card, or debit card for that matter, might otherwise be used.

What’s more, you can now get prepaid cards which are designed to offer an alternative payment method for shopping abroad. Travel prepaid cards are safer than carrying cash because they are protected by a PIN while also offering the convenience of cash as they are accepted across the world wherever a MasterCard or Visa sign is displayed (you will either have a prepaid MasterCard or a prepaid Visa).

Couple this with the fact that travel prepaid cards are often free to use to pay for goods and services abroad and you have an attractive alternative to using your debit card, which will charge foreign transactions fees when used abroad, for your holiday purchases.

The security of prepaid cards is heightened when you consider that the card isn’t linked to a bank account, like a debit card, or a credit account, like a credit card, so if your card is stolen, the thieves can only get their hands on the money already on the card.

They are also great for giving kids allowances, allowing them freedom to buy things for themselves online, better security than carrying cash and enabling them to budget their pocket money.

Product Offers
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