Ffrees Prepaid Family Account
In today’s ever increasing lifestyle problems the major one that has surfaced in the past few years is the incapability of some people to open bank accounts or get credit/debit cards to safeguard their savings and monitor their income.
The reason is very simple – poor credit history. Lots of people in the world suffer from this and whatever their present situation might be financially or otherwise this status does hamper their development further. Without a medium to manage their incomes, expenses and savings they soon lose track of things. In such a time the online prepaid card services come in handy especially the recent buzz creating name – Ffrees.
Ffrees Family Finance Ltd. started a prepaid card service which is very unique in the market and not many offer the various benefits it comes with. To me it has been a source of attraction because of the – Ffrees Family Account Prepaid Card. This card can be availed along with the accompanying facilities without showing any of your poor credit history, and for a record they don’t even check your credit history – good or bad. Yes, you will have to provide them with proof of being a UK citizen along with a few formalities. Once you have it all ready you can apply for the card.
Top Up Information
Ffrees Prepaid Family Account
When you reload your prepaid card sometimes you will be charged a small fee, depending on the method, however nearly all the providers offer at least one free reload option.
Top up fees are FREE OF CHARGE using the following top up providers or methods:
|Free Top Up Charges||Charges||Timescales|
|Bank transfer||Free of charge||Instantly|
|Standing Order||Free of charge||Instantly|
Top Up options that are charged
|Paypoint||4% per load amount||Instantly|
SET UP A PAYMENT:
Payee name: Ffrees Family Finance Ltd
Account number: 8 digit account number
Sort code: 6 digit account number
Payment ref – the 16 digit number across the front of your card
Card Load Limits
|Maximum Card Limit:|
|Maximum Load Amount:|
£5000.00 (bank transfer), £750 (debit card), £249 (paypoint)
|Minimum Load Amount:||£10.00|
|Maximum ATM Withdrawal:|
Ffrees Prepaid Visa Debit Card
Some cards have usage charges and these charges vary depending on what card you have selected. The charges can apply from transactions to ATM withdrawals and some cards have none at all!
Here is a list of usage charges for the above mentioned card.
|Card Issue Fee:||Free|
|Transaction Fees UK:||Free|
|Foreign Exchange Fees:||2.99%|
|Monthly Service Fee:||£2 a month if you do not use your Ffrees Account for two consecutive months|
|ATM Charge UK:||£0.75 per ATM cash withdrawal in the UK|
|ATM Charge Abroad:||£2.50 per ATM withdrawal in EU - £2.00 + 1% per ATM withdrawal internationally|
|Cancellation / Redemption:||£2.50|
|Replacement Card Fees:||£5.00|
|By SMS / Text Message:||£0.10|
|Via the Internet:||Free|
There is no monthly fee providing you load £100 per month into the account, otherwise a £2 fee applies.
How to Apply
You have chosen to apply for a Ffrees Family Account, please ensure you meet the following points as this will make your application more likely to be approved. Please ensure that:
You are at least 18 years of age
You are a permanent resident/citizen of the UK
Card is FREE
Please note that until payment is made and identity confirmed your Ffrees Family account will not be opened.
How to Pay
Pay now - The fastest and easiest way to pay is by debit card or credit card. Make a simple one off payment whilst signing up. Confirmed highly secure website, with card and personal details protected.
Pay later - If you prefer to pay by cash. Choose pay by cash by bank transfer when you apply. Send an amount in sterling to their account with your card reference, they will contact you when it is received when the amount is loaded to your card.
These points are simply a guide to the minimum acceptance criteria for Ffrees. Please ensure you read their terms and conditions and see a full list of charges.
The decision to accept will only be made by Ffrees after they have taken your details, confirmed your ID and received payment.