Prepaid Cards - Pre Paid Credit Cards | moneyfacts.co.uk

Compare the best prepaid credit cards

  - Take control of your spending! Prepaid credit cards can't get you into debt, so they're great if you've had trouble getting a bank account.

Compare the Best Prepaid Cards For Everyday Use

 Transaction FeesMonthly FeesIssue FeesATM ChargesCredit Builder OptionAdditional Information 
 
Pockit MasterCard
Pockit MasterCard
NilNil£0.99£0.99No
  • Paypoint
  • Internet
  • BACS
  • Debit Card
  • Wages/Benefits
  • Up to 10% cashback
Go to Site
Optimum MasterCard
Optimum MasterCard
NilNil£5.002.95%No
  • Debit Card
  • Credit Card
  • Bank Account
  • Paypoint
  • Post Office
 
The Talk Home CAT Card
The Talk Home CAT Card
NilNil£5.00£1.00No
  • Paypoint
  • Internet
  • Debit Card
  • Credit Card
  • Wages
 
Credit Union
Credit Union
NilNil£3.50£0.75No
  • Credit Union
 
Prepaid Financial Services
Prepaid Financial Services
Nil£1.00£8.951.50% (Min £1, Max £3.75)No
  • Debit Card
  • Credit Card
  • Payzone
  • Internet
  • Bank Account
  • SMS Text
  • Wages/Benefits
  • Standing Order
 
Spark
Spark
Nil£2.50£10£1.50No
  • Post Office
  • Payzone
  • Credit Card
  • Debit Card
  • Wages / Benefits
  • Bank Account
  • Internet
  • Card to card transfer
 
Virgin Prepaid Pay Monthly
Virgin Prepaid Pay Monthly
Nil£4.75£9.95£1.50No
  • Debit Card
  • Credit Card
  • Paypoint
  • Post Office
  • Bank Account
  • Wages
  • Standing Order
 
Cashplus Gold - Activeplus
Cashplus Gold - Activeplus
Nil£5.95£5.95£2.00Yes
  • Post Office
  • Wages/Benefits
  • BACS
  • Standing Order
  • Cashback and free purchase protection
Go to Site
icount Pay Monthly
icount Pay Monthly
Nil£9.95£4.95£0.50Yes
  • epay
  • Post Office
  • Cashplus Store
  • Bank Transfer
  • Standing Order
  • Wages/Benefits
Go to Site
Cashplus Gold - Deluxe
Cashplus Gold - Deluxe
Nil£9.95£5.95NilYes
  • Post Office
  • Wages/Benefits
  • BACS
  • Standing Order
  • Cashback and free purchase protection
Go to Site
Sponsored Products
icount Pay As You Go
icount Pay As You Go
£2.50 (min £0.25)Nil£4.95£0.75Yes provided by APS
  • Min Age: 18
  • Up to 4 additional cardholders from age 13
  • Top Up:
  • Post Office - £0.99
  • Cashplus Store - £0.99
  • epay - £3.00
  • Bank Transfer / Wages / Benefits/ Standing Order – FREE
Go to Site
Last Updated: Thursday 31 August 2017 09:08

Moneyfacts.co.uk Best Buys show the best products chosen by our independent experts. Where we have been able to we have also provided a link for you to apply online today. Products shown with a yellow background are sponsored products.

Disclaimer:

All information is subject to change without notice. Please check all terms before committing yourself.

 

How to choose the best prepaid cards

Our prepaid debit cards chart is ordered by the lowest UK transaction fee, lowest monthly fee, then lowest application fee.

Prepaid cards are not a form of credit - you can only spend money that you've previously put onto the card. They work in a very similar way to pay-as-you-go mobile phones - once you've used up the money on the card you can't spend on it again until you "top-up".

There are prepaid Visa card and prepaid MasterCard options to choose from, both of which are widely accepted.

Prepaid cards are ideal for:

  • People who have had debt problems (including those who have an IVA or who have been made bankrupt)
  • Students
  • Young people
  • People who are unable to get a UK bank account

If you need a if you need a credit card for bad credit some providers even offer a "Credit Builder" option which can help improve or re-build your credit score.

Most cards will allow your wages to be paid to the prepaid card directly, as well as offering a number of other ways to top-up, these include:

  • Bank account transfer
  • Debit or credit card payment
  • Standing order
  • Internet
  • Post Office
  • SMS text

Make sure the method you would like to top-up by is one of those accepted by the prepaid card provider, before applying.

One downside to prepaid cards is that they can charge a lot in the way of different fees. Free prepaid cards can be quite rate, so look for cards with low monthly fees as well as prepaid cards that don't charge transaction fees. Most will charge you for using an ATM, so if you prefer to withdraw cash than use your card for purchases, be sure to select a card with a lower fee.

What next?

Learn how prepaid cards can be a convenient way to control spending

Read about the advantages and disadvantages of prepaid cards

 
 
 

Prepaid Card Types

Prepaid Everyday CardsPrepaid Everyday Cards
Preload your card with money that you already have so you only spend what you have.

Prepaid Travel Money CardsPrepaid Travel Money Cards
Preload them with foreign currency before you travel so you know how much you have to spend abroad.

Business Prepaid CardsBusiness Prepaid Cards
Need a payment option for staff, but don’t want a credit card?

Bad news for borrowers: 0% terms fall as APR rises
Bad news for borrowers: 0% terms fall as APR rises

The 0% interest market has been booming in recent years, but the tide could be starting to turn – ou... More

Consumers spend £57.8bn on cards
Consumers spend £57.8bn on cards

Spending on debit and credit cards shows no signs of slowing down. If anything, it’s continuing to r... More

Reward card perks being cut, so get the best deals
Reward card perks being cut, so get the best deals

Reward credit cards have long been used as a way for financially savvy individuals to make their mon... More

Save £200 by using a credit card instead of a loan
Save £200 by using a credit card instead of a loan

The current low interest rate environment is undoubtedly popular with borrowers, yet an unsecured pe... More

Watch out for fees when using prepaid cards abroad
Watch out for fees when using prepaid cards abroad

Prepaid cards can be a great way to keep your budget in check, particularly when on holiday. They’re... More

Guide to 0% balance transfer credit cards
Guide to 0% balance transfer credit cards

Getting a long 0% balance transfer credit card can reduce your debt quickly and cheaply. But there a... More

Find your credit card providers
Find your credit card providers

Find out who provides your credit card. Most branded cards are issued by another provider – this cou... More

What type of credit card is best?
What type of credit card is best?

They’re so easy aren’t they: credit cards? It lands on your doormat, 85.60 x 53.98mm of pure spendin... More

Post Office Money 0% interest card now no. 1
Post Office Money 0% interest card now no. 1

Post Office Money has increased the introductory 0% interest terms on its balance transfer and purch... More

Sainsbury’s no. 1 purchase credit card
Sainsbury’s no. 1 purchase credit card

Sainsbury’s Bank has increased the introductory term on its leading 0% purchase credit card, which h... More

Lloyds’ top 0% interest credit card
Lloyds’ top 0% interest credit card

Lloyds Bank has increased the introductory 0% interest terms on its balance transfer and purchase cr... More

0% interest credit card terms increased
0% interest credit card terms increased

Bank of Scotland has increased the introductory 0% interest terms on its balance transfer and purcha... More

Halifax improves 0% interest credit card
Halifax improves 0% interest credit card

Halifax has increased the introductory 0% interest terms on its balance transfer and purchase credit... More

Close