The Virgin MasterCard prepaid Review

Virgin Prepaid Visa Card^®

What Prepaid? Summary

Date Reviewed: July 2009

What's Good

So, you can fly Virgin Atlantic, travel on the train with Virgin, or perhaps watch Virgin Media, whilst drinking a nice bottle of red from Virgin wines.. You could even pay for all of this on your Virgin credit card! But, if credit cards just aren’t your thing, you are under 18, or perhaps you have had bad credit in the past, Virgin now has yet another product for your wallet or purse. The Virgin Prepaid Visa Card.

It’s accepted wherever you see the MasterCard brand mark, and can be reloaded with cash for free at the Post Office. It also has one of the lowest monthly fees and gives you loads of discounts off other Virgin products.

What's not so good?

Not a lot! But, watch those reload fees if you intend reloading at Paypoint participating retailers! There is also a 2.95% foreign exchange fee for using your card outside of the UK.

Key Features

Application Process

Well, like most Virgin products, the application process if first class. It’s easy to apply and pay for your Virgin prepaid card, and it will arrive on the door mat in no time at all.

Card Designs

Only one card design is available, but does it matter? Its red, and it says Virgin on the front. What more could you want.

Fees

The Virgin Prepaid card has one of the lowest monthly fees on offer in the UK today. It also has a competitive ATM withdrawal fee, and does not charge you for reloads at the Post Office or via BACS/wage payment.

But, do watch the 2.95% foreign exchange rate fees when using your Virgin Prepaid card abroad.

Self Servicing

You can update your personal details, check your balance, review your recent transactions and add new cardholders, all via the Virgin Money website.

The Virgin prepay Card is promoted by Virgin Money Ltd. This card is issued on behalf of PrePay Technologies by by MBNA Europe Bank Limited pursuant to license by MasterCard International or its affiliates. PrePay Technologies is authorised and regulated by the Financial Services Authority.

Virgin Prepaid Visa Card®

Virgin Prepaid Visa Card^®