PREPAID CREDIT CARDS

COMPARE PREPAID

As a student in Ireland and trying to keep your head above water and not get in to bad debt can be hard, By getting a prepay credit card can help you rather than getting you in to further debt like with student credit cards. Because it is a prepay credit card you can only spend what is loaded on to the card, where as a credit card you have to pay the money back at the end of the month or over a length of time you also risk it affecting your credit report in the future. Your credit report and credit rating plays a important role when trying to obtain a credit card, loan or mortgage in the future in Ireland. Many banks in Ireland are unwilling to give a person credit with a bad or not so good credit history .

So what is a prepaid credit card?

A student pay as you go credit card works in much the same way as pay as you go mobile phones, you have to top them up with credit before you can use them. This is useful if you are not particularly good at managing your money, as you can only spend as much as you have put on the card and cannot become overdrawn or go over the limit.

Why use a prepay credit card?

You can use it like a normal debit or credit card over the phone, online and at retail outlets.

Give your prepay card account number to your Parents and they can top it up when you really need it or they can set up a standing order if they are feeling really generous

COMPARE PREPAID

No more unwanted birthday or christmas presents, If your family struggle what to get you then get them to top up your card and you can then use it on something you really need.

Advantages of prepay credit cards include:

• They have the convenience of a credit card, such as using it to pay for goods online or abroad
• No interest to pay like on a normal credit card
• No late payment fees
• They are a good option if you have a poor credit history
• Now you can buy music and video downloads from our NEW 3V Music Store using your 3V Vouchers.
• With 3V Voucher now you can top up with Meteor, O2 and 3. Simply enter the details below and hit the "submit" button. Use the PIN number you will receive to complete the top up, as you would normally do when you buy from a shop or your provider's website.

Disadvantages of student prepay credit cards:

• A one-off fee of about £10 to join the scheme
• Either a monthly charge of about £5 but
• or you pay as you go for transactions ranging from a fixed fee to 3% of the value

A prepay credit card can help you to keep your debt in check by not allowing you to go over the limit or running up huge credit card bills and interest.