What are Prepaid Debit Cards?
Prepaid debit cards are similar to pay as you go mobile phones, in that you have to pay up front and can only spend what you've already paid onto the card.
Your prepaid debit card can be topped up in a number of ways, depending on your card provider. You can top up your card online, by bank transfer or paying with a credit or debit card. Alternatively, you can top up in cash either at a branch of the Post Office, or at your nearest PayPoint or Epay outlet.
When you get your prepaid maestro® card or mastercard®, you will also get a 4 digit pin number exactly the same as you would get for a normal cashcard or credit card. You can use your prepaid debit card in all chip and pin systems, or to withdraw money from ATM's.
100% Guaranteed Approval!
Because you can never spend more money than you have paid onto your card, you can never go into debt!
As a result, there is no risk at all to the lender, so even if you have bad credit you are still guaranteed to be accepted for a card!
Prepaid Maestro Cards or Prepaid Mastercards?
Both Pre Paid Maestro® Cards and Pre Paid Mastercards® work in the same way, and both Maestro® cards and Mastercards® are accepted in millions of online stores and high street shops where ever you see the Maestro® or Mastercard® logo.
The only difference is in the card provider, the cards all work in the same way.
Withdrawing cash from ATM's
You can use your Prepaid Maestro® Card or Prepaid Mastercard® to withdraw cash from any ATM (as long as you have the cash loaded onto your card!). You can also use the cashback facility at participating stores to withdraw money from your prepaid debit card.
Use in the UK or Abroad
You can use your prepaid debit card both in the UK, or abroad. With millions of places accepting Maestro® cards or Mastercards® worldwide, your prepaid debit card is truly international!
Prepaid debit cards make a great modern alternative to travellers cheques, and are a much more convenient way to keep your money safe whilst travelling overseas.
Safe and Secure!
With cash, if it gets stolen its lost forever. However, with a prepaid debit card your money is protected by a 4 digit pin. Should you lose your card you can receive a replacement within days!
Prepaid maestro® cards or prepaid mastercards® are also great for shopping online, as all transactions are safe and secure, and their is no link to your bank account. If money is taken fraudulently, the maximum is the amount loaded on your card, rather than your credit card limit which could let the fraudster withdraw hundreds or thousands!