B&F Prepaid Card Review

Overview

The B&F Prepaid MasterCard works just like a pay as you go phone; you put money on to the card before you use it. It is not a debit card that is linked to a bank account or credit card where you pay for your transactions at a later date. Your B&F Prepaid MasterCard will be accepted at over 25 million locations wherever your see the MasterCard acceptance mark! With over a million ATMs in over 210 countries, you're never far from a MasterCard, Maestro, or Cirrus ATM. By using your B&F Prepaid MasterCard there is no danger of you overspending and you may even be able to save some money on your card each month

Main Good Points

The B&F Prepaid MasterCard is a new pay as you go prepaid MasterCard card, which costs £9.99 to get, and an activation fee of £1.00 The monthly fee is only £3.99 but with one enormous benefit free ATM charges and free transaction charges in the UK

Bad Points

You have to pay £1.50 per reload so we suggest that you reload once a month to keep costs to a minimum but considering there are No ATM charges and No transaction charges this more than compensates.

Service

The customer service level is good as to be expected. There are three cards services, B&F Everyday prepaid MasterCard, B&F Student prepaid MasterCard and also the B&F business prepaid MasterCard

Card Features

B&F Prepaid MasterCard currently offer additional benefits when you use your card - Discounts on exchanging foreign currency - Hertz car hire – 10% off best available rates plus a free one-car class upgrade - Great Hotels of the world – an amazing 60% discount - American Airlines - 15% discount on return transatlantic flight to USA

Application Process

Can be done online the form takes an average of a minute to complete with an easy step by step instructions and as you would expect secure website protection, make sure you have a form of ID before you start either your passport (digital passport no required) or UK driving licence. Once you completed the form you can either pay online or Chaps or bank transfer, cheque or postal orders. B&F will send you a welcome pack in the post for you to pay via the postal order or credit or debit card

Using Abroad

The B&F prepaid MasterCard is very flexible you can use your card aboard in Retail outlets in over 210 countries and including getting your cash via ATM’s. This is a safer alternative then carrying cash when going on holiday or on a business trip

Reload

Cost of loading cash onto the B&F Prepaid MasterCard is £1.50 Card at Paypoint or by credit or debit card and cheque postal order or at bank (UK only) or at their Head office, minimum load is £10.00 maximum single load is £1250.00

Card Fees

Card issue fee                    £9.99
Activation Fee                    £1.00
Monthly fee                        £3.99
Free transaction costs       Free
Free ATM’ UK                     Free and International 2.5%
Annual renewal fee            Free

Complaints Procedure

I have been informed that they process complaints quickly available online or over the phone. They also have a dedicated line for lost and stolen 24/7. All details are easy to find on their website

Card Design

Available in one design, a nice looking card

Currency Available & Limit

Card limit is £3,000 and currently the card is only available in GBP (£)

Main Features

Free transaction charges when you use your B&F prepaid MasterCard - Free ATM charges when you use your B&F prepaid MasterCard. If you want better control of your money then get a B&F Prepaid MasterCard stay in control.  

Compare Prepaid Overall Card Rating

         
Issued By:
The B&F Prepaid MasterCard® is issued by Newcastle Building Society pursuant to licence by MasterCard International Incorporated. Newcastle Building Society is authorised and regulated by the Financial Services Authority and is entered in the Financial Services Authority Register (www.fsa.gov.uk/register/) under Registration No. 156058. cardsolutions@newcastle.co.uk If you choose to hold a large balance on your Prepaid Card (such as GBP1,000 or more) you understand and accept the risks of holding this large amount of money on your card. You may lose your e-money if Newcastle Building Society becomes insolvent. The Financial Services Compensation Scheme does not apply to your Prepaid Card.