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The Virgin Money Prepaid Card Account

Published on 7 April 2016 in Multi - News by Raffick Marday

Virgin Money Prepaid Card Account

Are you looking for a reliable and the best-prepaid card account that will help you get the best value for money? Do not let your money remain inactive for a long period of time; there are many options available to increase your savings by using a virgin prepaid rewards card. If you were to have your money in your regular savings account, you will be getting only very minimal interest besides that your interest will attract income tax minimising the overall savings but a virgin prepaid rewards card earns you money as you use the card.

Alternatively, you can invest your money in government approved Virgin Money prepaid card savings plan. Using this option, you will be able to load your wages on to the card where there is an upper limit to ensure this does not become a savings card as you don’t earn interest. You can choose to save as cash on your prepaid card or leave in your guaranteed virgin bank account. There are two types of Virgin money prepaid cards are available where you can choose how you want to withdraw your money.

The Virgin prepaid card account offers cardholders benefits when using their prepaid card account, which is a whole list of point of sale, discounts which are free from the Virgin group. These discounts were only available if you had a virgin credit card but due to the popularity of the virgin prepaid card virgin decided to offer these discounts to customers using a Virgin prepaid Credit Card to benefit from all the great deals that Virgin sell as well as services

The Virgin Prepaid Card Account offers:

Point of sale discounts for all Virgin Group products.
3.5% flat charge when making foreign exchange remittances
Online banking – Telephone banking – branch banking
Prepaid MasterCard with pin protection
Guaranteed acceptance regardless of credit history or bankruptcy proceedings
Monitor and control spending as only spend what you load.

You can go for yet another prepaid card account performing instead of Virgin Money, but the prepaid card will not outperform the rewards and flexible tariff fees where you can choose a pay as you go prepaid card from virgin or a pay monthly prepaid card from virgin. With Virgin the benefit of changing tariff every month, which is ideal if you have an expensive month and need to use your card consistently. Virgin Money prepaid cards meets every individual’s bank account needs in the most effective way brining highest value for their money.

With prepaid card you will be able to save a considerable amount of money and make each pound give you extra value, as there will be absolutely no tax deductions here. Virgin Money in particular offers you no interest rate on using your card but discounts which enhance the value of your investments even further. It always pays to get use an established financial institution to entrust with your savings. You will be safe and at the same time, you will be able to get better value for money.

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