Compare Prepaid Credit Cards
Stay in control of your finances with a prepaid card. Like a credit card but without the bills or credit checks get a prepaid card today!
Prepaid Cards –The Credit Card Alternative
Prepaid cards let you load cash on them and spend anywhere credit and debit cards are accepted. With a prepaid card if you haven’t loaded money on, you can’t spend on it.
Prepaid cards work like credit cards. You can use them to make purchases online, over the phone and in shops. However there is one big difference – you can only spend the money you have put on the card. You are not borrowing any money, there are no overdrafts and as such there are no credit checks.
Anyone can get a prepaid card, whether you are under 18, have a bad credit rating, or don’t do not have a bank account. There are no credit checks and it doesn’t’ matter if you have been refused a credit or debit card elsewhere.
Prepaid cards are widely accepted and can be used internationally. With most accounts you will be given an online account so you easily view your balance and transactions.
Watch out for Fees
Some prepaid cards will come with certain fees that are worth considering. It is common for a fee to be charged when you top on the card but this depends on the one you choose. You can also find there are application fees and replacement fees for ordering a new card. A few cards may also charge a monthly fee.
Many cards charge you for retail purchases or withdrawing from a cash machine. Please bear in mind that you can be charged considerably more for making transactions like this while abroad.
Make sure you compare Prepaid Cards
You can usually choose between a ‘Pay as you go’ or a ‘Pay monthly’ tariff and again these will have different features and charges that you should take into consideration.
As prepaid cards are becoming increasingly popular there are a wide range of prepaid cards available for you to choose from. Use the comparison table above to find the best prepaid card to suit your needs.
How to compare prepaid cards
When you are comparing prepaid cards the main thing to watch out for are the fees that you incur. Always ensure you read the terms and conditions so you know exactly what you are signing up for. You should also ensure you watch out for any restrictions that may be placed on the way you can spend on your card – things such as preapprovals at a petrol station. For this reason you must ensure you are able to use the card on payments you will require it for.
06 June 2013
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