Tuxedo Prepaid Card Review Monthly payment plan

Overview

The Tuxedo Prepaid credit card is a Prepaid MasterCard and not a credit card. It iis a payment Card that can reloaded with money by you or someone else. It looks just like any normal credit or debit card, with a Card number, Chip and signature strip. But Prepaid Cards are unlike credit cards, which provide you with a line of credit. They are also very different from debit cards which are linked to a bank account. This is because you can’t borrow money with a Prepaid Card – you can only spend the money you have loaded onto it. The Tuxedo eccount MasterCard is a flexible ‘pay-as-you-go’ MasterCard card. It can be used at over 25 million retail outlets worldwide.

Main Good Points

The Tuxedo MasterCard has two payment plans a monthly fee or a pay as you go plan The Tuxedo prepaid MasterCard card, which costs £9.95 to get, where you can get an additional first card for free. The card fees depends on if you want a to pay a monthly fee or pay as you go.

Bad Points

Cannot find a bad word to say about the card.

Service

The customer service level is exceptional as expected. SMS balance texts cost only £0.08 and customer service calls from a BT landline are charged at local rate or you can use the online facility for free

Card Features

Tuxedo eccount currently offer additional benefits when you use your card. Discounts on exchanging foreign currency for when going on holiday or aboard - Great Hotels of the world – an amazing 60% discount - American Airlines – 15% discount on return transatlantic flight to USA - Hertz car hire – 10% off best available rates plus a free one-car class upgrade.

Application Process

Can be done at retail outlets or online the form takes an average of a minute to complete with an easy step by step guide 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 Tuxedo eccount will send you a welcome pack in the post for you to pay via the postal order, SMS or credit or debit card or you have the option of paying by tuxedo voucher which are sold at PayPoint outlets.

Using Abroad

The Tuxedo prepaid MasterCard is very flexible you can convert your card in foreign currency and use worldwide including getting your cash via ATM’s. This is a safer alternative then carrying cash when going on holiday.

Reload

Cost of loading cash onto the Tuxedo pay as you go eccount Card is 3% at Paypoint or by credit or debit card and £0.99 at the Post office, Minimum load is £10.00 maximum single load is £1500.00.                                

Monthly Card Fees

Card issue fee                                 £9.95
Monthly fee                                     £4.99
Payment transaction fee                 FREE and unlimited
ATM’ UK and International              £0.50 and International £2.25
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

Get £5.00 free when you first top up your card min £50.00 - Receive up to 15% Cashback when you shop online at over 500 retailers. Get excellent currency exchange rates better than high street banks.

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Issued By:
The Tuxedo MasterCard® card 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 (www.fsa.gov.uk/register/) and is entered in the Financial Services Authority Register under Registration No. 156058.