Virtual Card

Neteller prepaid card

select

Application Fees
Transaction Fees
Monthly Fees
ATM Charges
Top Up Fees
Free
Free
Free
£3.00 on withdrawals in the UK
Free up to 1.75%

Apply Now

Read Reviews

Ukash Prepaid MasterCard

select

Application Fees
Transaction Fees
Monthly Fees
ATM Charges
Top Up Fees
Free*
Free in UK
£1.50
£1.50
Free - £2.50

Apply Now

3V Voucher Card

select

Application Fees
Transaction Fees
Monthly Fees
ATM Charges
Top Up Fees
£20 to £90 = £2.00 - £100 to £1500 = £3.50
Free
Free
Cannot use at ATM's
Buy a new card

Continue

O2 Money Account card

select

Application Fees
Transaction Fees
Monthly Fees
ATM Charges
Top Up Fees
£3.00
Free
Free
£1.00
Free to £1.00

Continue

Read Reviews

easyJet Euro Currency Card

select

Application Fees
Transaction Fees
Monthly Fees
ATM Charges
Top Up Fees
Free* or £5.95
Free in Euros
Free
Free in Eurozone
Free - 2.5%

Apply Now

Prepaid Card Issuers charging outrageous fees

Prepaid cards are the hottest plastic cards available these days allowing consumers to top up money onto a prepaid card account and make purchases or cash withdrawals from a virtual account. Prepaid cards are unlike a credit cards and debit cards, as prepaid cards are not tied to a bank account and are popular with consumers who don’t have a bank account or wish to manage households bills more effectively or more commonly people who don’t trust banks. Prepaid cards offer an alternative services like payday loans and cheque cashing services. But the cards are also popular with under 18’s learning to manage the control of their money and university students who may use them to help manage finances and avoid debt while studying.

Indeed, since the recession, prepaid cards have increasingly been marketed to the average consumer as a tool that helps them avoid overspending but prepaidcreditcards.org.uk experts say there’s a huge downside to prepaid cards: As some prepaid card providers are charging hefty fees.

Look at any additional fees charged such as activation fees which are an addition to an application fee which one or two companies are charging to simply to start using the card.

Then there are monthly maintenance fees see what you are getting before you opt for this, some monthly maintenance fees charged are intended to help consumers control and limit their charges where transaction fees and in some cases atm charges are included. if you intend to use it regularly then this may be the best plan for you but some companies are charging as much as £12.50 a month in addition to atm charges.

You must note that prepaid card issuers are not like banks, they can not earn intestet off your money and can not play the market with your funds instead they charge handling fees in which they still pay a percentage of this to the banks before they make any money.

Prepaid Card issuers have started looking at how they can get consumers to actively keep a prepaid card in their wallet and more importantly actually use it instead of a debit card or a credit card, where some companies are offering discounts and reward programs which are seeing a large increase in consumers topping up thier card and using it to obtain reward points.

Prepaid Card Archive

We also compare...

Bank Accounts

Best basic bank
accounts for
Free...

Travel Money Card's

Free Travel money card's just
minimum load...

Money Transfers

International money transfer providers

Latest Reviews

One banking prepaid card

Latest Pre Paid Card\'s News

Copyright 2016 :: Compare Money Transfer Limited :: All Rights Reserved