White Eagle Prepaid Card Review
White Eagle Review
Which Prepaid Card Summary?
What's Good? White Eagle is no longer on the market.
The White Eagle card is the only full branded Maestro card available in the UK. It has Chip and Pin, and is accepted at more than 24 million locations around the globe. The White Eagle Prepaid cards can be viewed as pay as you go bank accounts. A prepaid card has the look and feel of a credit or debit card, however, it does not allow The White Eagle customers to go overdrawn, or be forced into credit. The White Eagle card charge no penalties or related interest charges which may accrue from a credit card. Instead, the customer loads on money (from various sources like payroll, bank transfer, or using the Post Office or PayPoint) and then uses it in-store, online, and even to withdraw cash at an ATM where ever the MasterCard® or Maestro® marks are accepted.
White Eagle Prepaid Card Review
What's not so good?
Although a monthly fee is charged where there is no fee when making a transaction, there is a charge every time you top the account up which can make the card expensive to run.
Application Process - 3 star prepaid rating
Very efficient application process, the fastest we have tested. Apply online and you will receive a confirmation letter the following day. This letter contains a barcode enabling you to make an initial top-up at the Post Office. You then receive your prepaid Maestro in around 3 days.
Card Design - 1 star prepaid rating.
If card design choice is important to you, you may be disappointed. Only one choice of design is available.
Fees - 2 star prepaid rating.
There are some usage fees attached to the card. White Eagle card charges are transparent with no hidden costs.
Card Purchase - Purchase fee. £4.95 where this is the purchase cost of a single Card. (Companion cards can be added at £4.95 per additional card).
Limits - Minimum amount of initial load. £10.00 - Maximum initial load. £5000.00 - Verified cardholders maximum card balance is £5000.00.
Transaction Fees - Point of Sale payment (UK). - Fee for card transactions from POS terminals in the UK. £0.00. Point of Sale payment (overseas) and Fee for card transactions from POS terminals located outside of the UK. £0.00.
Cash Withdrawal Fees - FX handling fee. The foreign exchange fee charged for all transactions outside of the UK. MasterCard prevailing rate also applies (For the MasterCard rate applicable please use our FX currency converter). 1.50 %
ATM withdrawal (UK). from a machine located in the UK. £0.95 and ATM withdrawal (overseas) from a machine located outside of the UK. £2.00
Top-Up Fees and Limits - Payroll load - The fee charged for a payroll or bank transfer load.£1.00
Paypoint load fee (Max £499). The charge made for a load at any paypoint terminal. 3.00 %.
Service Fees - Monthly management fee. The fee charged for the monthly management of the card. The fee provides access to all offers and services. Charged after first month. £3.95
Replacement Card Fees - Card renewal fee. The fee applied for the renewal of a card. £9.95
Card damaged replacement fee.
Lost/stolen card replacement. - The fee applied when replacing a damaged card. £9.95
The fee charged to replace a lost or stolen card. £9.95 Cancellation fee.
The charge made for processing the cancellation of a card. £10.00
Self Servicing - 3 star prepaid rating
You can service your account on the White Eagle card website or via an interactive voice response. You can view your balance, last 60 days transactions and change your personal details. You can also order additional cards for any persons over the age of 13.
Date Reviewed: March 2011