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Compare Prepay Visa & Pre pay Mastercard Credit Cards and find the cheapest Mastercard Maestro & Visa Prepay cards in the UK.

 

What is a prepay credit card and how does it work?

A prepay credit card look like any credit or debit card and offers the same ability to purchase products and services but with a crucial difference – you can only spend the balance that has been preloaded onto the card. This means there is no risk of running into debt as it has no credit or overdraft facility.

 

You will be give a Pin number when you purchase a card, and once money has been credited, it can be used in the same way as a debit or credit card – for high street, online or telephone purchases, as well as cash withdrawals from ATMs.

Money can be loaded onto a prepay credit card by cash at a bank, Post Office, at Payzone or PayPoint terminals or via a bank transfer. However, not all prepaid providers offer all of these loading options, so you need to bear this in mind when comparing deals as some are more flexible than others.

 

What are the advantages of a prepay credit card?

The main advantages of a prepaid credit card include:

 

Important Information

Prepaid Credit Cards Supermarket is not authorised to give advice under the Financial Services and Markets Act 2000

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