Compare Best UK Prepaid Credit Cards

Compare Best UK Prepaid Credit Cards

  Setup Costs Monthly Fee Reload Fee ATM Fee  
Orange Cash Prepaid MasterCard

Orange Cash Prepaid MasterCard

Comes with PayPass contactless payment technology

£5£0£0£2.95
ClearCash PAYG

ClearCash PAYG

Perfect for occasional use

£4.95£0£00.75p
Cashplus Fee Free Offer

Cashplus Fee Free Offer

Fee Free for 3 Months! Free € & US $ cards available

£4.95£0£0£0
** Great alternative to a currency card, no ATM, purchase or currency FX fees for first 3 months. Once home, use funds left here **
Kalixa Prepaid MasterCard

Kalixa Prepaid MasterCard

Cost effective for regular use

£6.95£0£0£1.75
** No Monthly Fees or Transaction Fees **
my Travel Cash Multi-Currency Prepaid MasterCard

my Travel Cash Multi-Currency Prepaid MasterCard

Express delivery within 1-4 working days

£0£0£0£0
1% cashback on all purchases with the card, plus no ATM fees or transaction fees for foreign currency withdrawals/transactions
Virgin Money PAYG

Virgin Money PAYG

No monthly fee, fantastic discounts at Virgin companies and on the high street

£9.95£0£02.95%
my Travel Cash Euro Prepaid MasterCard

my Travel Cash Euro Prepaid MasterCard

Express delivery within 1-4 working days

£0£0£0€0
1% cashback on all purchases with the card, plus no ATM or transaction fees abroad
my Travel Cash US Dollar Prepaid MasterCard

my Travel Cash US Dollar Prepaid MasterCard

Express delivery within 1-4 working days

£0£0£0$0
1% cashback on all purchases with the card, plus no ATM or transaction fees abroad

* While reasonable efforts are made to keep information updated, credit card terms cannot be guaranteed for accuracy. Please ensure that you fully read the terms & conditions of any product or policy before you decide to proceed and are fully aware of the total costs and the benefits and any exclusions or limitations applicable to the product or plan.

* Please note that the ‘More info’ or ‘Apply here’ product links will take you direct to the Issuer or Insurer's site direct and we cannot be held responsible for the information which they provide within their own sites.

Who Can Get A Prepaid Credit Card 


Prepaid Credit Cards are available to almost everyone and the age restrictions placed on standard credit cards do not apply either (in fact certain cards are available to people as young as 8). This is because although, in common vernacular, we tend to refer to prepaid card products as "prepaid credit cards" there is actually no credit element to them. They are essentially debit cards, like those we get with our bank accounts. They can be "loaded" with money (have funds added to an account) in a variety of different ways (direct from a bank account, through certain shops, by credit card online) and the individual using the card can never exceed the total amount that has been loaded onto it. For this reason there's very little financial risk to an issuer accepting a customer. In fact the only real risk a prepaid credit card issuer is ever exposed to in that the customer will not spend/load enough to generate income for the issuer enough to cover the costs of servicing the account and this risk only applies to those prepaid operators who don't charge a monthly fee. Many prepaid cards do require the payment of a monthly fee. In some sense it's almost like being charged for a bank account and indeed many people do use prepaid credit card as a type of basic bank account. 


What Should I Look For When Comparing Prepaid Credit Cards 

 

All prepaid cards are different, and the market itself is much fractured, so a definitive list of elements you should compare is almost impossible - it really depends on what you want. That said, there are a couple of common things you might want to compare regardless of the specific type of prepaid credit card you want. Firstly check the direct charges. These are either paid upfront (to acquire the card) or on a monthly basis. Few cards have no direct charges (and those without should expect even closer scrutiny to discover where the issuer expects to make money), but there are a few travel without. Next you should investigate the transaction fees, both for loading the card and spending on it. We have come to expect most of this for free with our bank accounts, but these costs (which they incur) are compensated for by way of limited interest on our balance etc. Check both of those with a good understanding of how you expect to use the card (where you'll spend, how much, how often and what you typically need from ATMs in a given month) and you should, with the aid of our comparison tables, be able to get the right prepaid credit card for you.

compare credit cardsCompare
Compare offers side by side to determine which card is best for you.

apply for a credit cardApply
Apply for a credit card with a secure online application.