Prepaid cards: Orange vs Phones4U
Many Brits have become dissatisfied by their credit card provider, complaining of poor customer service and uncompetitive rates in some cases.
Many people are now turning to prepaid credit cards as an alternative to the traditional credit card. Prepaid credit cards offer almost exactly the same service as credit cards, but with added peace of mind.
If you are struggling to secure a credit card because of a poor credit rating, or are concerned that you will overspend and get into debt, a prepaid card could be the best option for you.
Prepaid credit cards are quick to secure as they don’t require any credit checks. Many of them also give you free payments and transfers, and come with no purchase fees or fees for foreign use.
There is a range of prepaid cards available on the market at the moment, so which one is best? Here we compare two of the most competitive.
Orange Prepaid Credit Card
One of the newest on the market is the prepaid credit card from Orange. As this card has just been released, Orange is offering customers a deal when they sign up.
Orange is currently offering customers a refund on their £5 sign-up fee if they load £20 on to the card by 29th February, but this offer is only available with Compare prepaid until 31st January.
Phones4U Escape Money Travel Card
Another good prepaid card available at the moment is the Escape Money Travel Card from Phones4U. This card is one of the best for free usage, and can be used at over 32 million MasterCard accepted locations around the world.
The Escape Travel Money Card can also be used to withdraw cash for free from over 1.5 million ATMs worldwide.
Other features include a competitive exchange rate and the ability to lock the card if it is lost or stolen while you are on holiday. Users also get the opportunity for 20% cash back on all online purchases.