Tuxedo Prepaid MasterCard
|What Prepaid? SummaryDate Reviewed: November 2007
The Tuxedo MasterCard is one of the latest fully branded chip and PIN prepaid cards to be launched in the UK. It’s the first real contender to match most of the benefits available with the UK’s leading prepaid card – Cashplus Gold.
In fact, if you are looking for a prepaid card that has the acceptance of MasterCard, but are also looking to withdraw cash on the card, then it’s currently the cheapest around, with UK ATM cash advance fees being lower than all other fully branded prepaid MasterCard cards available.
The Tuxedo prepaid MasterCard comes with your Tuxedo eccount and is a fully branded Chip and PIN MasterCard – accepted at more than 24 million locations around the world.
It offers advantages over Maestro branded cards, with acceptance at most online internet retailers globally, display the MasterCard brandmark.
UK ATM cash advance fees are the lowest of any other Mastercard branded cards currently available.
You don’t need a bank account and are guaranteed to be accepted, regardless of your credit history.
What’s not so good?
Not a lot – The Tuxedo pay monthly product has a monthly fee of £4.99 which may not suite all consumers, however, this fixed fee will work out much more cost effective for medium/high card users than the fees associated with some cards charging reload and transaction usage fees.