Sterling Choose Pay As You Go or Pay Monthly
What Prepaid Card Summary?
Date Reviewed: August 2013
What's Good ?
The Sterling prepaid card is the only full branded MasterCard available in the UK. It has Chip and Pin, and is accepted at more than 28 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 Sterling 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 Sterling 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 stars prepaid rating
Sterling offer a 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 bar code enabling you to make an initial top-up at the Post Office. You then receive your Sterling prepaid MasterCard in around 3 days.
Card Design - 2 stars prepaid rating
If card design choice is important to you, you may be disappointed. Only one choice of design is available.
Fees - 4 stars prepaid rating
Two products are available. A pay as you go prepaid product called “Sterling flexiplus”, which is good for occasional users, and a product called “Sterling 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 stars prepaid rating
You can service your account on the Sterling 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.