Questions & Answers

  • Ask our experts for free advice or join in a discussion with other members on the forum board and we will publish your question on our site. You can ask for help, or share your views with others about mortgages, money-saving tips and any debt-related subjects.

Forum Log in

Media Centre

Choosing a Prepaid Card

Prepaid cards are relatively new to the marketplace and have been slow to gather momentum. However, now that the benefits of prepaid cards are becoming more widely appreciated, competition is likely to intensify – which is good news for the consumers.

At present, however, there are only several prepaid card providers, which means charges are yet to drop to more favourable levels. However, it still pays to shop around. More...

CardRateDurationBT FeeTypical APR
FairFX Dollar Currency CardN/A ₤ 0.00 ₤0.00 UK ATM: $2.00 Per withdrawal Foreign ATM: $2.00 Per withdrawalApply / Details
FairFX Euro Currency CardN/A₤0.00 ₤0.00 UK ATM: €1.50 Per withdrawal Foreign ATM: €1.50 Per withdrawalApply / Details
Caxton Euro CardN/A₤0.00 ₤0.00 UK ATM: €2.00 Per withdrawal Foreign ATM: €2.00 Per withdrawalApply / Details
Caxton Dollar CardN/A₤0.00 ₤0.00 UK ATM: $3.00 Per withdrawal Foreign ATM: $3.00 Per withdrawalApply / Details
3V Prepaid VoucherN/A₤0.00 ₤0.00 Apply / Details
QuidityN/A₤5.00 ₤0.00 UK ATM: £1.50 Per withdrawal Foreign ATM: £1.50 Per withdrawalApply / Details
Prime Payment CardN/A₤3.00 ₤0.00 UK ATM: 75p Per withdrawal Foreign ATM: ₤1.50 Per withdrawalApply / Details
InsureandGoN/A₤0.00 ₤1.00 UK ATM: 1.50% (min ₤1.40, max ₤7.50). Per withdrawal Foreign ATM: 2.00% (min ₤2.40, max ₤10.00). Per withdrawalApply / Details
Oakam Maestro Prepaid CardN/A₤5.00 ₤4.50 UK ATM: 75p Per withdrawal Foreign ATM: ₤1.50 Per withdrawalApply / Details
360money SplashPlasticN/A₤5.00 ₤0.00 UK ATM: ₤1.50 Per withdrawal Foreign ATM: ₤1.50 Per withdrawalApply / Details
The News Of The World Pay MonthlyN/A₤6.49 ₤4.99 UK ATM: 50p Per withdrawal Foreign ATM: ₤2.25 Per withdrawalApply / Details
The News Of The World Pay As You GoN/A₤6.49 ₤0.00 UK ATM: 1.50% (minimum 99p, max ₤1.50). Per withdrawal Foreign ATM: ₤2.25 Per withdrawalApply / Details
Red88 - Chinese prepaid MasterCardN/A₤13.95 ₤3.95 UK ATM: ₤1.50 Per withdrawal Foreign ATM: ₤3.00 Per withdrawalApply / Details
Tuxedo Pay As You GoN/A₤9.95 ₤0.00 UK ATM: 1.50% (minimum 99p, max ₤1.50) Per withdrawal Foreign ATM: ₤2.25 Per withdrawalApply / Details
payzone worldwide moneyN/A₤6.99 ₤0.00 UK ATM: ₤1.00 Per withdrawal Foreign ATM: ₤1.00 Per withdrawalApply / Details
cashplus Gold ActiveN/A₤9.95 ₤4.95 UK ATM: ₤2.00 Per withdrawal Foreign ATM: ₤3.00 Per withdrawalApply / Details
EasyKard PrepaidN/A₤9.95 ₤2.95 UK ATM: ₤1.50 Per withdrawal Foreign ATM: 3.00% Per withdrawalApply / Details
cashplus Gold FlexiN/A₤9.95 ₤0.00 UK ATM: ₤2.00 Per withdrawal Foreign ATM: ₤3.00 Per withdrawalApply / Details
The Sun Prepaid MasterCardN/A₤6.49 ₤0.00 UK ATM: 1.50% (99p minimum, ₤1.50 maximum) Per withdrawal Foreign ATM: ₤2.25 Per withdrawalApply / Details
Lloyds TSB Travel Money CardN/A₤7.50 ₤0.00 UK ATM: ₤1.50 Per withdrawal Foreign ATM: ₤1.50 Per withdrawalApply / Details
Just Cash (N&N Financial Solutions)N/A₤7.95 ₤3.95 UK ATM: ₤1.50 Per withdrawal Foreign ATM: ₤2.00 Per withdrawalApply / Details
Club 18-30N/A₤8.95 ₤0.00 UK ATM: ₤1.50 Per withdrawal Foreign ATM: ₤2.00 Per withdrawalApply / Details
Sterling CardN/A₤8.95 ₤5.95 UK ATM: ₤2.50 Per withdrawal Foreign ATM: ₤2.50 Per withdrawalApply / Details
The On-X Prepaid Maestro CardN/A₤8.98 ₤0.00 UK ATM: ₤2.00 Per withdrawal Foreign ATM: 2.75% Per withdrawalApply / Details
Tuxedo PrepaidN/A₤9.95 ₤0.00 UK ATM: 1.50% Per withdrawal Foreign ATM: ₤2.25 Per withdrawalApply / Details
Virgin PrepaidN/A₤9.95 ₤0.00 UK ATM: 2.95% Per withdrawal Foreign ATM: 3.50% Per withdrawalApply / Details
Speedcard VECN/A₤9.95 ₤2.45 UK ATM: ₤1.20 Per withdrawal Foreign ATM: ₤1.20 Per withdrawalApply / Details
Tuxedo Pay MonthlyN/A₤9.95 ₤4.99 UK ATM: 50p Per withdrawal Foreign ATM: ₤2.25 Per withdrawalApply / Details
Ministry of SoundN/A₤9.99 ₤0.00 UK ATM: ₤1.50 Per withdrawal Foreign ATM: ₤1.50 Per withdrawalApply / Details
CrystalN/A₤9.99 ₤2.99 UK ATM: 1.75% Per withdrawal Foreign ATM: 2.25% Per withdrawalApply / Details
B&F PrepaidN/A₤9.99 ₤3.99 UK ATM: Free Per withdrawal Foreign ATM: 2.50% Per withdrawalApply / Details
Post Office Travel Money CardN/A₤0.00 ₤0.00 UK ATM: ₤1.50 Per withdrawal Foreign ATM: ₤2.00 Per withdrawalApply / Details
CrewCardN/A₤10.00 ₤1.00 UK ATM: ₤1.45 Per withdrawal Foreign ATM: ₤2.50 Per withdrawalApply / Details
Gap YearN/A₤9.95 ₤4.95 UK ATM: ₤1.50 Per withdrawal Foreign ATM: ₤1.50 Per withdrawalApply / Details
BREADN/A₤10.00 ₤0.00 UK ATM: ₤1.50 Per withdrawal Foreign ATM: ₤1.99 Per withdrawalApply / Details

Things to consider when choosing a prepaid card:

  • Fees for opening an account
  • Charges for cash withdrawals and transactions.
  • Fees for depositing money onto the card.
  • Charge for replacing lost or stolen cards.
  • Card delivery costs.

Finally, as security is always of utmost importance, ask your lender for details on fraud protection.