Cashplus Pay As You Go Card Review
What Prepaid Card?
Prepaid Summary Review.
Date Reviewed: August 2006.
What's Good ? Cashplus Pay As You Go Card Review
The Cashplus prepaid card is the only full branded MasterCard available in the UK. It has Chip and Pin, and is accepted at more than 24 million locations around the globe. You don't need a bank account and are guaranteed to be accepted, regardless of your credit history. You can manage your account online and top-up your account at more than 14,000 Post Office branches.
What's not so good?
If you intend to use the card frequently for ATM cash withdrawals, it can be expensive. There are two products on offer. One for frequent users and one for low use users, however, cash advances fees remain the same for each product.
Application Process - 5 star prepaid rating
Very efficient application process, the fastest we have tested. Apply online and you will receive a confirmation letter the following day. This letter contains a barcode enabling you to make an initial top-up at the Post Office. You then receive your prepaid MasterCard in around 3 days.
Card Design - 4 star prepaid rating
If card design choice is important to you, you may be disappointed. Only one choice of design is available.
Fees - 4 star prepaid rating
Two products are available. A pay as you go prepaid product called “flexiplus”, which is good for occasional users and is a pay as you go card, and a product called “activeplus” which is good for frequent users. Activeplus has a monthly fee, but no reload fees, so is still cheap for frequent card users. Cash advances can still be expensive though.
Self Servicing - 3 star prepaid rating
You can service your account on the cashplus website or via an interactive voice response. You can view your balance, last 60 days transactions and change your personal details. You can also order additional cards for any persons over the age of 13.