Compare Prepaid Cards - Prepaid MasterCard or Visas
Our comparison of prepaid cards explains all about prepaid cards also referred to as prepaid credit cards? Not to be mistaken for similar products like debit cards and credit cards but with a twist. Unlike conventional debit and credit cards.
You are guaranteed to get a prepayment card.
- Complete the online application.
- Provide ID which in most cases your passport number.
- Pay the application fee or pre-load your account with money prior to account activation.
Prepaid Credit Cards with Monthly fees
Prepaid credit cards offer you the same facility as a basic bank account but without jumping through the credit facility hoops. You get an online account exactly the same as a bank account. You get a payment card which is usually MasterCard that you can use as long as funds are preloaded onto the account. Your account is the same as a debit card but without overdraft facilities. You get online banking and mobile banking plus telephone banking just like a normal bank account. The only difference is no branch banking as this is where prepaid card companies save money.
Travel Money Cards
Just because they charge you an application fee! doesn't mean don't consider buying the card is no good as many contactless prepaid cards are expensive to manufacture. A prime example is a gold card there is an application fee and monthly fee but you get so much more with the account such as credit-booster and payment protection which debit cards don't offer. The same goes for travel money cards as most are free pre-paid cards which means that the travel cards with no application fee, but you will have to preloaded with money. In most cases, preloading can range from £10 to £200.
Business Bank Accounts
How easy is the process of getting a pay as you go credit card? Applying for a prepaid credit card they will need to verify your identity against the information you have supplied. So they can confirm it's you. If you provide your ID. They can usually do a full ID check if they cannot your prepaid card account will be still opened but at a reduced account limit. The limitations are restricted to £1,600 maximum load and spend a year where account holders can draw a maximum of £600 from ATMs.
Find a Card
Best Prepaid Credit Cards to choose? With so many pre-paid cards to choose from ranging from MasterCard to Visa, from pay-as-you-go to pay monthly or annually. Compare unique prepaid cards such as a virtual card the same as a pre-paid card?
Comparison Prepaid Credit Cards.
Which brand is better MasterCards or Visa Cards? Both offer the same service and values to tell you the truth. Prepaid MasterCards seem to be readerly available as an everyday account where prepayment Visa cards are most likely to be travel money cards. MasterCard and Visa both have advantages of using them.
Prepay Gift cards are closed looped programs meaning they can only be used with the retailer you purchased the gift card from. Also, the amount loaded on the Prepay gift card can only be spent and is not reloadable. Gift Prepaid credit cards are either Visa or MasterCard card branded so you can use anywhere they are accepted.
Why get a prepaid card and not a basic bank account? As you are not guaranteed to get a basic bank account these are new alternatives. Pay-as-you-go cards have exploded into the UK.
- They offer a flexible way to control your money.
- Ideal for budgeting your expenditure.
- Cannot get a bank account due to bad credit or are currently bankrupt.
- No credit check.
- Guarantees acceptance.
- You can get a prepaid bank account subject to ID and any initial payment.
- Reviewed and compare cards? If you are thinking of buying a prepayment card use What Prepaid Cards.
- Regardless of your credit status.
- Even with CCJ’s, you will be accepted.
- Accept if you are in bankruptcy.
- Available if you are bankrupt.
Can anyone have a guaranteed basic bank account? Using the comparison prepaid cards website and see how it assists you. Find a prepayment MasterCard for you.