Prepaid Credit Cards

Need a credit card but can't get on? Then apply for a prepaid credit card. The prepaid credit card allows you to use it like a regular credit card without the annual percentage rates and annual fees.

Prepaid credit cards work a little differently than regular credit cards. Prepaid credit cards are opened by loading the credit card with money and then the prepaid credit card can be used like a regular credit card at retailers and online merchants. It can even be used to pay your bills and top up your mobile phone, and you can withdraw cash with the prepaid Visa or Mastercard at an ATM.

Money can be loaded on to your prepaid card by cash, bank transfer or even another credit card, and because it is a Visa or Mastercard you can use it anywhere in the world.

Prepaid cards generally have the same uses as a credit card, so much so that they are commonly referred to as 'prepaid credit cards'. However, there is a difference. A prepaid card is completely powered by your cash and therefore the money you have in your prepaid account is the money you have to spend. This means there is no risk of running into debt. There are no credit checks and no interest to pay.

Caxton FX MasterCard

The Caxton FX MasterCard is a prepaid MasterCard designed for the worldwide traveller, and like your debit or credit card is accepted globally.
Euro, Dollar or Global cards available.
Guaranteed and competitive exchange rates (better value than the high street or airport).
Free to top up online with a debit card, over the phone or by SMS.
Wages can be paid directly onto the card with no need for a bank account.
Free to use in shops and restaurants and other retail outlets outside the UK.
Avoid Ryanair booking fees as they charge unless you use a prepaid MasterCard.
15% discount on all hotel bookings with HotelClub.
No ATM charges outside the UK.
Your Caxton FX MasterCard is completely free.

Rational FX MasterCard (Rational Travel Money Card)

The Rational Travel Money Card is a prepaid MasterCard designed for travellers and overseas spending, and like your debit or credit card is accepted worldwide.
Euro or Dollar cards available.
Guaranteed and competitive exchange rates (better value than the high street or airport).
Free to top up online with a debit card, over the phone or by SMS.
Wages can be paid directly onto the card with no need for a bank account.
Free to use in shops and restaurants and other retail outlets.
€1.50 or $2 charge for ATM withdrawals abroad depending on card.
Your Rational Travel Money Card is free (a £9.95 deposit is taken at sign up which is credited back on to the card when you first load money on to it.

Virgin Pay Monthly Prepaid MasterCard

Only prepaid card that gives you money off where it matters - on holidays, films, music, games, gyms, wine and more with Virgin discounts.
Free to use your card for purchases.
£4.75 monthly fee.
Free to top up online with a debit card, direct transfer from your bank account and at Post Offices.
2.5% charge when you top up at any shop or garage displaying the PayPoint logo or by credit card (minimum fee of £2).
£1.50 charge when withdrawing cash at home or overseas.
2.95% transaction charge when using your card overseas for purchases only.
Virgin discounts.
Costs £9.95.

O2 Cash Manager Prepaid Card

Exclusive prepaid card for O2 customers.
Annual limit of up to £10,000 a year as long as your details can be verified.
Transfer spending money from your bank account to card.
Spend almost anywhere that takes Visa (online or in shops).
Never spend more than what's on your card.
Use O2's budgeting calculator to work out what you can afford to spend.
Manage your card online.
Get real time balance alerts on your mobile whenever a transaction occurs.
Use it to top up your Pay & Go mobile.
Free to get and use for payment in the UK.

O2 Load & Go Prepaid Card

Exclusive prepaid card for O2 customers.
Load up to £1,800 a year.
Add cash at over 20,000 UK locations (O2 shops, PayPoint & e-pay) or by using a debit card online.
Spend almost anywhere that takes Visa (online or in shops).
Get real time balance alerts on your mobile whenever a transaction occurs.
Use it to top up your Pay & Go mobile.
Free to get and use for payment in the UK.

BREAD Prepaid Maestro Card

Only prepaid card to achieve the 5* rating by www.which-prepaid-card.co.uk.
Competitive rates with no fees on purchases.
No monthly fee.
Can be loaded for FREE at the Post Office (funds available within 48 hours).
Can be loaded via PayPoint and BACS (free).
Free SMS balance checking service.
Apply online providing you have a UK driving license or international passport number together with a UK address.
Costs £10 and can be paid by another card or via SMS.