Prepaid Credit Card Types

Like credit cards, the different types of prepaid cards on the market are increasing. This is because as the needs of consumers and the financial environment change, so do the types of prepaid credit cards.

Fortunately, types of prepaid cards have been separated into distinct groups to make it easier for consumers to find the right card for their needs.

Everyday prepaid cards are aimed at consumers who have poor or non-existent credit histories because of previous problems with credit or from having just arrived in the UK (meaning that they can’t get access to bank accounts with debit or credit cards for use online or as a safer alternative to cash) and to people who want a budgeting tool for themselves or maybe a dependent.

Travel prepaid cards are aimed at consumers who are looking for an alternative method for managing their holiday spending money. Sometimes prepaid cards are cheaper to use abroad than debit or credit cards while still offering a safer alternative to carrying large sums of cash which could be lost or stolen.

Types of Prepaid Cards

Once you know which type of card is more suitable to your needs you can look for those features when you compare prepaid cards.

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Please note that the product links will take you direct to the Issuer or Insurer's site direct and we cannot be held responsible for the information which they provide within their own sites. On some comparison tables we use a star rating which rates products by visitor popularity.