U Account Card Review
Top Up Information
h3>U Account Card
When you reload your prepaid card sometimes you will be charged a small fee, depending on the method, however nearly all the providers offer at least one free reload option.
Top up fees are FREE OF CHARGE using the folllowing top up providers or methods:
|Free Top Up Charges||Charges||Timescales|
|Bank transfer||Free of charge||Instantly|
|Standing Order||Free of charge||Instantly|
Top Up options that are charged
|Paypoint||4% per load amount||Instantly|
SET UP A PAYMENT:
Payee name: Ffrees Family Finance Ltd
Account number: 8 digit account number
Sort code: 6 digit account number
Payment ref – the 16 digit number across the front of your card
Card Load Limits
|Maximum Card Limit:|
|Maximum Load Amount:|
£5000.00 (bank transfer), £750 (debit card), £249 (paypoint)
|Minimum Load Amount:||£10.00|
|Maximum ATM Withdrawl:|
U Account 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:||Free|
|Transaction Fees UK:||Free|
|Foreign Exchange Fees:||2.99%|
|Monthly Service Fee:||£5|
|ATM Charge UK:||£0.50 per ATM cash withdrawal in the UK|
|ATM Charge Abroad:||£0.50 + 3% per ATM withdrawal internationally|
|Cancellation / Redemption:||£2.50|
|Replacement Card Fees:||£5.00|
|By SMS / Text Message:||£0.10|
|Via the Internet:||Free|
There are three packages at the moment to suit your needs
£0 Monthly Price Point
£5 Monthly Price Point
£10 Monthly Price Point
Application Fees Transaction Fees Monthly Fees ATM Charges Top Up Fees
N/A N/A £0 – £10 Free – £1 Free or 3%
U is a new type of personal account, with direct debits and a contactless prepaid Mastercard® Card. U Account offers a free application so no upfront fees.
The U Account comes with a free digital Money Manager and the option to add up to 20 Extra Accounts (with their own account number and sort code). This allows you to keep on top of spending habits, areas, and trends, as well as being able to set money aside for different reasons (whether it’s bills, a holiday, or just a rainy day).
Account holders will also get automatic cashback with some of the UK’s most well-known retailers, either online or in-store.
There’s no credit check required as part of the application, all fees are listed clearly, and you can choose which of the monthly packages suits YOU.
You have chosen to apply for a U Account, 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
U Account Card is FREE
Pay money into your account online
You can pay into your U Account from the comfort of your home, or out and about via your mobile using bank transfers or standing orders. Better still, payments into your Account via bank transfer are also free.
You can set up a standing order or a one-off transfer from an existing bank account by sending funds to the following info
Account Name: Your Full name
Account Number: You can find your U Account number by logging into your U Account and clicking “my card” in the navigation bar at the top of the screen.
Sort Code: 62-30-53
Bank Name: Natwest*, Exchange Buildings, High Street, Skipton
Sheffield Digital Campus, Sheffield, S1 2BJ