As someone that is unable to get credit, and until recently a debit card, I found Pre-Paid credit cards very handy.
I’ve complied a list of prepaid credit cards below as I feel that the only other site that lists them all is also on commission. The page is NOT!
Tuxedo Prepaid MasterCard
COST OF CARD : £9.95
The tuxedo card is quite a new entry to the Prepaid world but seems to offer quite a good deal.
ABOUT THE CARD
This is a Chip & Pin card and unlike some of the others is a full MasterCard. These type of cards are accepted in over 24 million places worldwide.
Also, until Mar 2008 there is no reload fee!
For a limited time, If your first topup is £50 or more, you will receive £5 free!
You can also get upto 15% discount when shopping at selected merchants online,
Click Here for more details.
TYPE OF ACCOUNTS
There are two different types of accounts you can have:
Monthly: – This account lets you use your card as much as you like with no transaction fee. There is a monthly fee of £4.99 instead
Pay As You Go: – This type of account has no monthly fee but you will be charged a 2.95% transcation fee each time you use it.
LOOKING AFTER YOUR ACCOUNT
Servicing your account is quite easy as you can either call the automated voice line, Check your account online or even get your balance via SMS.
WHERE TO TOP UP AND FEES
You can topup your card at a High Street Bank, Post Office, By BACS transfer with a Credit/Debit card or at any PayPoint location.
The fees are as follows:
High Street Bank: FREE to load Money available within Two working days
BACS Transfer: FREE to load Money available within Four working days
PayPoint: 3% of load value Money available instantly
Post Office: 99p Load Fee Money available within two to four days
PRO & CONS
- Mastercard Branding
- Low ATM withdrawal Fee
Bread Maestro Card
COST OF CARD: £10
ABOUT THE CARD
This is a Chip & Pin card with Maestro Branding.
This is one of the lowest fee cards on the Pre-Paid market!
TYPE OF ACCOUNTS
There is only one type of account on this card.
Pay As You Go: – No Monthly fee or Transaction fees!!.
LOOKING AFTER YOUR ACCOUNT
Servicing your account is quite easy as you can Check your account online. If you do decide to ring customer services, Please note that this will cost from 80p per Minute!
WHERE TO TOP UP AND FEES
You can topup your card By BACS transfer or at any PayPoint location.
The fees are as follows:
BACS Transfer: FREE to load Money available within Four working days
PayPoint: £1.00 Load Fee Money available instantly
PRO & CONS
- Very Cheap to run!
- Expensive Customer Services Line