Types of Prepaid Card Categories
Prepaid Card Categories Now falling in to basic banking accounts
The different types of Prepaid Cards now available now have the same categories and facilities as a basic banking account but with no risk. Leading prepaid cards companies now offer the following as standard when using an account, direct debit and standing orders now standard practice, SMS, mobile and online banking backed with telephone banking is also considered standard.
Prepaid credit cards have come further than most banks and financial institutions thought it would achieve, this is due to prepaid cards evolving with the times and are now taking on the banks as an alternative to basic bank accounts. Banks are now thinking that just because consumers have bad credit it doesn't stop them from spending
Choose a Bank Account with Additional Debit Cards Benefits
Having a bank account is very common these days. But today, bank accounts come with several additional benefits as well. Depending upon your requirements, you can select among the various types of bank accounts. Today, most of the bank accounts provide you with a free debit card along with the bank account.
Basic bank accounts
There are several bank lenders with whom you can get a basic bank account opened and also get a free debit card. Popular banks such as RBS, NatWest, HSBC, Barclays, and Secure trust bank are some of the banks that offer debit cards. In order to keep a record of all your monthly transactions, you can take a three monthly statement from the respected bank. Not only this, you can even get your statement through online banking.
Current bank accounts
Banks namely, Barclays, HSBC, Royal bank of Scotland offer current accounts. The best part is that the interest rate on these current accounts is much lesser than on other types of banks accounts. However, current accounts are a perfect way to control your daily expenses in the most effective way.
Several popular banks facilitate customers with a free debit card along with a current account. One can use the debit card to pay off his bills, shopping expense and other miscellaneous.
Saving bank accounts
The greatest advantage of saving accounts is that they allow you to earn interest on your savings. It is like; you can save your money with the saving bank and earn interest on it alongside. There are plenty of banks providing you an opportunity to open a saving bank account and also offer you a free debit card.