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All UK Prepaid Cards

Last Updated: 1st July 2011

The following table compares all of the UK’s top prepaid cards. It's ordered by product type - full MasterCard or Visa CHIP first, Maestro/Electron Mag only last, and then by aprox usage cost. This estimated cost may be higher or lower based on your intended use and selected prepaid product type. It is just a guide to enable a more informed selection.

All Prepaid Cards | Cards for under 18's | Prepaid Gold Cards | Prepaid Business Cards | Prepaid Travel Cards | Pay As You Go Prepaid Cards | Bank Accounts with No Credit Check

Prepaid Card Issuer
Card Type
Card Issue Fee (inc. Postage)
Reload Fees
Monthly Fees
Max Balance Allowed in Account
Other Fees
Key Benefits
Approximate monthly fees, based on one £250 reload per month and 3 purchase's each week
prepaid Mastercard
Chip and Pin
£9.99 £5.49
(50% off)
Post Office = £1.99

Wages = Free

BACS Payment = Free

PayPoint = 3%
Free
£5,000
Per Use Fee (purchases) = £0.66


UK ATM Fee = £1.5%

Foreign Transaction Fee = £2.5%

ATM fee £2.00 (non UK)
-£0.66 UK ATM Cash Advances

-Purchase Protection available

-Can add Creditbuilder and improve your credit score

-No Monthly Fees
£7.92 (if loaded by BACS)
prepaid Mastercard
Chip and Pin
£4.95
Wages = Free

BACS Payment = Free

Giropay = 1.95%
Free
£9,000
Per Use Fee (purchases) = Free


UK ATM Fee = £1.75

Foreign Transaction Fee = Free

ATM fee £2.25 (non UK)
-100% acceptance guaranteed,

-You don't need a bank account

-Low cost for occasional users

-You can pay your wages directly onto your card
Free (if loaded by Wages)
prepaid Mastercard
Chip and Pin
£4.99* Pay £9.99 initially and £5.00 is added back once you've loaded £100 in 90 days
Phones 4 U Stores = Free

Wages = Free

BACS = Free

PayPoint = 3%
Free
£5,000
Per Use Fee (purchases) = Free


UK ATM Fee = £0.99

Foreign Transaction Fee = Free

ATM fee £2.00 (non UK)

- Earn cashback and free phone credit when you use your card

-Complete control of your money 24/7 via website or SMS

-No Monthly Fee
Free (if loaded by BACS or at Phones 4 U stores)
prepaid Visa
Chip and Pin
£9.95
Post Office = Free

Debit Card = Free

BACS Payment = Free

PayPoint = 2.75%
£4.75
£3,500
ATM Fee = £1.50 (uk/Int)

Foreign Exchange rate Fee = 2.95%
-Accepted at 28 Million Locations

-Top-up at the Post Office, PayPoint and by Debit/credit card

- Access to the Virgin Discount Network
£4.75
prepaid Mastercard
Chip and Pin
£29.99
Post Office – Free

Bank & Wage Payments – Free

Authorised Retail Network – Free

E-pay = £2.00
FREE
£5,000
UK ATM Fee = £2.00

Foreign Transaction Fee = 2.99%

Per Use Fee = FREE

-Free Purchase Protection

-No purchase Transaction Fees

-No Monthly Fees
£0
prepaid Mastercard
Chip and Pin
£9.95 £4.95
(50% off)
Free
£4.95 3 months fww free
£5,000
ATM Fee = 99p (uk)

Foreign Transaction Fee = 2.99%
-FREE UK ATM Cash Advances

-Purchase Protection Included

-Can add Creditbuilder and improve your credit score

-Top-up at the Post Office and epay
£4.95
prepaid Mastercard
Chip and Pin
£4.95
Post Office – Free

Bank & Wage Payments – Free

Authorised Retail Network – Free

E-pay = £2.00
£9.95
£5,000
UK ATM Fee = FREE

Foreign Transaction Fee = 2.99%

Bill Payments = FREE

Adnl Cards=FREE
-Free Purchase Protection

-Add Cashplus Creditbuilder for free to improve your credit score

-Cashplus Pay Day Loan available up to £200 per month
£9.95 (but you earn cashback)
prepaid Visa
Chip and Pin
£9.99 £5.49
(50% off)
Post Office = £1.99

Wages = Free

BACS Payment = Free

PayPoint = 3%
£4.45
£5,000
ATM Fee = £0.99 (uk/Int)

Foreign Exchange rate Fee = 2.5%
-100% acceptance guaranteed,

-You don't need a bank account

-You can share cash instantly using your mobile phone

-You can pay your wages directly onto your card
£4.45 (if loaded by Wages)
prepaid Mastercard
Chip and Pin
£29.99
Post Office – Free

Bank & Wage Payments – Free

Authorised Retail Network – Free

E-pay = £2.00
FREE
£5,000
UK ATM Fee = £2.00

Foreign Transaction Fee = 2.99%

Per Use Fee = FREE

-Free Purchase Protection

-No purchase Transaction Fees

-No Monthly Fees
£0
prepaid Mastercard
Chip and Pin
£4.50
(£5 via SMS)
Post Office = Free

BACS Payment = Free

PayPoint = 3.00%
Free
£5,000
ATM Fee = 75p (UK)

ATM Fee = 1.50p +2.75% (non UK)

Foreign Transaction Fee = 2.75%
-Full online bill payment facility

-Purchase Protection, Price Protection and Extended Warranty package

-Access to superb Budgeting Tools

-Standing orders and bank transfers available
£6.25
(Based on a spend of
£250 per month)
prepaid Mastercard
Chip and Pin
£7.95
Card to card transfer = Free

Wages = Free

BACS Payment = Free

PayPoint = £2.00
£2.99
£3,000
Per Use Fee (purchases) = £0.75


UK ATM Fee = £1.50

Foreign Transaction Fee = £2.00

ATM fee £2.50 (non UK)

- Can be linked to payday loan as ID for payments

-Complete control of your money 24/7 via website or SMS

-Accepted at over 28 Million Locations
£11.99 (if loaded by BACS)

The Prepaid Cash Cards Are A Much Safer Option Compared To The Cash

There is not much difference between the debit cards and the cash cards. The prepaid cash cards are known as non banking cards, where as the debit cards are attached with the bank accounts. Cash cards can be reloaded whenever necessary. There are different kinds of fees along with the ATM fees which are associated with the cash cards. The cards are extremely useful and can be used for simple hotel booking purposes as well.

What Makes The Cash Cards So Advantageous?

It is because of the advantages associated with its use that the cash cards are replacing traditional credit cards. All sorts of nasty unsecured credit pitfalls can be avoided with the use of these kinds of cash cards. There are a number of business professionals who try hard to earn enough credit or stabilizing their business, but it becomes difficult for them to undertake business trips or rent cars for that matter. All these issues are finally eliminated when they take the help of prepaid cash cards. They can protect their business from all sorts of additional fees. Moreover they are no longer required to pay the fees that were required in case of the conventional card. Though there are some small amounts of fees involved, the business professionals can save considerable amount of money.

There are a number of financial institutions which offer prepaid cash card services. All you need to do is carry out considerable amount of research for coming across the right kinds of companies. With the help of online searches you can make some of the best possible choices.

You can take advantage of the budget assistance offered by these kinds of cash cards. After making any sorts of transaction, you can get a statement of your total expenses. Since it is a prepaid you need not worry about the limit spending fees. Moreover, since it is a prepaid you need not be concerned about the availability of the required amount before making purchases. There are no hassles or tension concerning monthly payments involved.

When it comes to making the financial decisions, it is very important that you are exercising diligence and carrying out the right amount of research. It is you who must be responsible for all the decisions you take. With research online you can gather detailed knowledge about the prepaid cash cards which can help you to make a more informed decision.

 
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