Optimum prepaid card
Top Up Information
Optimum PAYG Card - MasterCard
Top up fees are fees that you need to pay in order to top up your prepaid card with extra funds..... Top up fees are FREE OF CHARGE using the folllowing top up providers or methods:
|Free Top Up Charges||Charges||Timescales|
|Debit Card||Free of charge||Instantly|
|Wages||Free of charge||3 - 5 business days|
|Bank||Free of charge||1 business day|
|Post Office||Free of charge||1 business day|
Top Up options that are charged
|Paypoint||3%||with 30 mins|
SET UP A PAYMENT:
Payee name: 360 Money Direct Deposit
Account number: 80212458 - 8 digit account number
Sort code: 20-03-53 - 6 digit sort code
Payment ref – the 16 digit number across the front of your card
Card Load Limits
|Maximum Card Limit:||£5000.00|
|Maximum Load Amount:||£5000.00|
|Minimum Load Amount:||£10.00|
|Maximum ATM Withdrawl:||£250.00|
Optimum Pay Monthly MasterCard Prepaid Card
Usage charges for your card are charges that you need to pay when you use your prepaid card in when making purchases or taking out money at ATM's or banks....
|Card Issue Fee:||£9.95|
|Transaction Fees UK:||Free|
|Foreign Exchange Fees:||2.95% + 1% surcharge|
|Monthly Service Fee:||£4.95|
|ATM Charge UK:||£1.50 (2% surcharge over £50 per ATM|
|ATM Charge Abroad:||£1.50 (2% surcharge over £50 per ATM|
|Cancellation / Redemption:||£5.00 + 2.5% Surcharge|
|Replacement Card Fees:||£5.00|
|By SMS / Text Message:||£0.10|
|By Phone:||£0.10 per minute|
|Via the Internet:||Free|
£2.50 SMS Payment Fee Surcharge taken at first top up on application - General customer service calls £1.00 / minute
Optimum prepaid card is not a credit card, which provides you with a line of credit, nor is it a debit card which is linked to a bank account.
This means that with Optimum prepaid card you can't go overdrawn or borrow money– you can only spend the money you have loaded onto it, so you stay in complete control of your money.
What is a restricted card?
A restricted card has a total spending limit of £1,600 per year (12 months starting from date of first Transaction) of which no more than £600 can be cash machine withdrawals.
You cannot top up your card using a debit or credit card. Maximum spending limit per single transaction is £600. Why would a card be restricted?
When you apply for your Optimum prepaid card we are required to undertake an identity check.
In some cases, Optimum prepaid may need a little more information from you before Optimum prepaid can give you an unrestricted card.
If this applies to you, Optimum prepaid will let you know when we send you your card and provide simple instructions on what you will need to do.
|TYPE OF CARD:||PREPAID MASTERCARD|
|MINIMUM AGE REQUIREMENT:||18 YEARS|
|ADDITIONAL CARDHOLDERS:||YES, 13 YEARS OR OLDER|
|PRE APPROVED TRANSACTIONS:||RESTRICTED|
|CARD EXPIRY:||2 YEARS|
|OTHER CURRENCIES AVAILABLE:||NONE|
|PRICE PLANS AVAILABLE:||PAYG - MONTHLY|
You have chosen to apply for a Optimum prepaid card, please ensure you meet the following points as this will make your application more likely to be approved. Please ensure that:
You are at least 18 years of age You are a permanent resident/citizen of the UK Pay £9.95 application fee to get your card
Please note that until payment is made your Optimum prepaid account will not be opened.
How to Pay
Pay now - The fastest and easiest way to pay is by debit card. Make a simple one off payment whilst signing up. Confirmed highly secure website, with card and personal details protected.
Pay later - If you prefer to pay by cash. Choose pay by cash at a Post Office® when you apply. They will send you a letter and in most cases an email. Take it to any of the 12,000 UK Post Office branches to pay. Your card will then be with you in three to five days.
These points are simply a guide to the minimum acceptance criteria for the Optimum. Please ensure you read their terms and conditions and see a full list of charges.
The decision to accept will only be made by Optimum after they have taken your details, confirmed your ID and received payment.
43-45 Dorset St, Marylebone, London W1U 7NA, UK