Cashplus Business Prepaid Card

Cashplus has several prepaid cards on offer

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PRODUCT INFORMATION

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With so many companies being declined for credit and bank facilities, the Cashplus Business Prepaid Card is a great alternative to a corporate card or a business bank account.

The Cashplus prepaid card provides many of the same benefits and without the hassles and hefty charges.

100% instant approval guaranteed* – whatever your company's status

  • No documents needed up front to open an account
  • No credit checks
  • No links to a bank account– separate borrowings from cashflow.
  • Free deposits. Save if your bank charges per transaction
  • Free internet banking – real time spend 24/7
  • No purchase transaction or borrowing costs – only spend what you load
  • Pay bills quickly and efficiently

Excellent as corporate and expenses cards

  • No risk of overspending – employees can only spend what's loaded
  • Reduce risk of fraud
  • Track balance and spend instantly with free internet banking
  • Top up employees' accounts while they're travelling
  • Use wherever MasterCard is accepted

Cut Payroll time and processing costs

It can cost around £10 per company cheque once you've factored in banking fees and your own staff's salary and time, so you can save up to £52,000 per year in payroll costs alone.

The savings above were calculated using the following assumptions:

£10 cost per cheque issued based on assumed costs of £2 for payroll administrator, £2 for director sign off, £2 reconciliation, £3 query management including lost/stolen replacements and £1 banking and postage fees