High Street Branch Banking with Prepaid Cards
Post Office Travel Money Card
Skrill euro currency MasterCard
South African Rand Cash Passport by Travelex
The easyJet euro travel card
Cashplus Freedom Card - Gold Card
Card One Banking
icount Pay As You Go Account
Do Prepaid Cards offer Branch Banking? Sometimes you need to talk to someone face to face. So prepaid card branch banking locations are ideal.
DO PREPAID CARDS OFFER BRANCH BANKING?
The prepaid cards are cards that before you can make use of them to pay for services you will first upload cash to them. It is also known as pay before cards or pay as you go cards or a general purpose reloadable card. They are usually debit cards. Consequently, you can obtain them whether you have or do not have a bank account. The answer to the question above is NO. In addition, they are primarily meant to be used for the fixed amount which can be reloaded again. It cannot give you direct access to branch banking services. Any time you try to use them for cheque deposit or cash deposit and online transfer as some cards allow. The services will attract some charges.
OPENING AN ACCOUNT - PROCESS AND REQUIREMENTS?
It is not a must that you should open a bank account before having access to prepaid cards. Most noteworthy, The process is that while applying for the cards just as you will be required to provide some documents as proof of your identity, address, and filling a KYC form you will have to make available all these necessary information to get the card. It can be a bank, retailer, or even a credit card company.
Prepaid Cards Branch Banking
PRO AND CONS?
Yes, they have their advantages and disadvantages. One major advantage is that it is safe to use. It will help you to manage how you spend. Therefore, It is like ready cash. And, it is easy to carry about. The disadvantages range from it cannot be used in all ATM-like bank credit and debit card without attracting a charge. It cannot pay more than what you load in it. They can suffer from technology failure sometimes and this may last longer than expected.
WHAT FEES APPLY
Usually, most attract charges for every withdrawal and transaction you make with them. You will have to pay a fee for activating your card.
HOW CAN THIS SAVE ME MONEY? The use of a prepaid card will make it easy to live on a budget as you can load an estimated amount you are likely to spend over a period and force yourself to stick to the budget.
TRANSFERRING MONEY - INTER ACCOUNT TRANSFERS? Yes, you can link up a prepaid card and your bank checking account to make a cash transfer online.
CAN I TRANSFER MONEY FROM MY BANK TO MY CARD? No, you cannot transfer money from your bank account to your prepaid.
CAN I HAVE THE BALANCE ON MY ACCOUNT REFUNDED TO ME? Yes, at reloading it automatically uploaded to the new amount. Also, you can petition your card company to do something about it.
HOW MUCH CAN I WITHDRAW FROM AN ATM? Some card place restrictions on how many their prepaid cards can allow you to withdraw, while others do not have this limitation.
High Street Branch Banking with Prepaid Cards
WHEN WILL MY CARD ARRIVE? Your card request can arrive within 2 to three days. Therefore, there are some credit card companies and banks that can issue instant cards.
CANT REMEMBER MY PIN? You need to indicate, it can come by courier, as an SMS alert, through your email, etc.
WHAT IS THE CURRENT RATE? The rates vary some attracts up to $2 calling rate per transaction.
HOW CAN I TOP UP MY CARD? Through a direct cash deposit in an ATM machine. Also, account transfer from your bank account. In addition, through check deposits, etc.
WHERE CAN THE CURRENCY CARD BE USED? Used to make purchases online, in POS machine. And withdraw cash through an ATM machine. It can be used to deposit cash and checks FROM an ATM machine. They can be used for online transfers.
CAN I GET ADDITIONAL CARDS FOR FAMILY AND FRIENDS? Yes, some card companies offer the service to prepaid card users.
WHAT ARE THE CURRENCY CARD COSTS? A prepaid card attracts a monthly fee. They attract some overdraft fees.
Prepaid Banking Cards
HOW CAN I RENEW MY CARD? Request online or through a phone call.
CAN I USE THE CARD TO PRE BOOK A HOTEL? Yes, so far you have the money to do so on your prepaid card.
HOW TO CHECK YOUR CARD BALANCE AND STATEMENT?
You can do this by calling or emailing your prepaid card company to provide your statement to you. and can also check your balance on an ATM machine and online.
HAVE A BALANCE ON MY OLD CARD CAN IT BE PUT ON MY NEW CARD? Yes, this is possible for prepaid cards.
HOW DO I ORDER A NEW CARD?
You can request by filling a form online. So you can also use a phone call to place an order. The mode of delivery must indicate.
USING A PREPAID CARD?
Most noteworthy, The prepaid cards used in all ATM machines nationwide.