Cashplus prepaid Gold MasterCard (Freedom)
Card Fees
£4.95
UK Transactions
Free
UK ATM Withdrawals
Free
Load Charges
Debit Card: free
Post Office: free
Epay: £3
Fee Free for purchases and ATMs in the UK – with added extras like Direct Debit and Overdrafts giving control and flexibility.
Pockit Prepaid MasterCard
Card Fees
99p
UK Transactions
Free
UK ATM Withdrawals
99p
Load Charges
Debit Card: free
Bank Transfer: free
Paypoint: 99p
Free £5 when you load £10.
Cashplus prepaid MasterCard (Deluxe)
Card Fees
£4.95
then
£9.95/month
UK Transactions
Free
UK ATM Withdrawals
Free
Load Charges
Debit Card: free
Post Office: free
Epay: £3
Free Direct Debits & online banking.
Secure Trust Bank Prepaid Bank Account
0121 6676455
Card Fees
£12.50
then
£12.50/month
UK Transactions
Free
UK ATM Withdrawals
50p
Load Charges
Debit Card: free
Virgin Prepaid MasterCard PAYG
Card Fees
£9.95
UK Transactions
2.95%
UK ATM Withdrawals
2.95%
Load Charges
Debit Card: free
Post Office: free
Paypoint: 2.75%
Great discounts at Virgin companies and no bank account needed, and no credit checks.
Orange Orange Cash Card
Card Fees
£5
UK Transactions
Free
UK ATM Withdrawals
2.95%
Load Charges
Debit Card: free
Bank Transfer: free
Paypoint: £1.50
Virgin Prepaid MasterCard PAYM
Card Fees
£9.95
then
£4.75/month
UK Transactions
Free
UK ATM Withdrawals
£1.50
Load Charges
Debit Card: free
Post Office: free
Paypoint: 2.75%
Great discounts at Virgin companies and no card transaction charges in the UK.
WeSwap Prepaid MasterCard
Card Fees
£0
UK Transactions
Free
UK ATM Withdrawals
Free
Load Charges
Debit Card: free
Bank Transfer: free
New peer-to-peer approach offering exceptional, real mid-market exchange rates. Free ATM withdrawals over £200.
ClearCash iCount
Card Fees
£4.95
then
£9.95/month
UK Transactions
Free
UK ATM Withdrawals
50p
Load Charges
Post Office: free
Epay: £3
Option to add Creditbuilder (provided by Advanced Payment Solutions), your own account number and sort code, Direct Debit option, standing orders and much more.
Cashplus prepaid MasterCard (Flexiplus)
Card Fees
£9.95
UK Transactions
99p
UK ATM Withdrawals
£2
Load Charges
Debit Card: free
Post Office: free
Epay: £3
CardOneBanking Prepaid MasterCard
Card Fees
£12.50/month
UK Transactions
Free
UK ATM Withdrawals
£1.50
Load Charges
Debit Card: free
Post Office: £1.50
FairFX Dollar Currency Mastercard
Card Fees
£0
UK Transactions
1.4%
UK ATM Withdrawals
$2
Load Charges
Debit Card: free
Best exchange rate of all the prepaid cards.
FairFX Euro Currency Mastercard
Card Fees
£0
UK Transactions
1.4%
UK ATM Withdrawals
€1.50
Load Charges
Debit Card: free
Best exchange rate of all the prepaid cards.
FairFX Anywhere Card (Pounds Sterling)
Card Fees
£0
UK Transactions
Free
UK ATM Withdrawals
£1.50
Load Charges
Debit Card: free
Best exchange rate of all the prepaid cards.
There is a fee of £9.95 for initial loads under £500.
Ace-FX First Premier Anywhere Card
Card Fees
£1/month
UK Transactions
Free
UK ATM Withdrawals
£1
Load Charges
Debit Card: free
Post Office: 70p
Ace-FX First Premier Euro Card
Card Fees
£0
UK Transactions
2%
UK ATM Withdrawals
€1.50
Load Charges
Debit Card: free
Card is free, if loading over £200 or over, or equivalent, otherwise £6.95.
Ace-FX First Premier Dollar Card
Card Fees
£0
UK Transactions
2%
UK ATM Withdrawals
$1.50
Load Charges
Debit Card: free
Card is free, if loading over £200 or over, or equivalent, otherwise £6.95.
Ukash Travel Money Prepaid MasterCard (EUR)
Card Fees
£0
UK Transactions
2.75%
UK ATM Withdrawals
€1.80
Load Charges
Debit Card: free
Ukash: free
Best Euro and Dollar rates compares to Post office, My Travel Cash, Caxton FX, Fair FX, Travelex
Ukash Travel Money Prepaid MasterCard (USD)
Card Fees
£0
UK Transactions
2.75%
UK ATM Withdrawals
$2.50
Load Charges
Debit Card: free
Ukash: free
Best Euro and Dollar rates compares to Post office, My Travel Cash, Caxton FX, Fair FX, Travelex
AA Euro Travel Currency MasterCard Prepaid Card
Card Fees
£9.95
UK Transactions
Free
UK ATM Withdrawals
£1.50
Load Charges
Debit Card: free
Post Office: 99p
Paypoint: 3%
Card issue fee of £9.95 is refunded if the first load is over £100. Overseas ATM fee is also refunded on withdrawals of £50 or more.

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How to Get a Prepaid Mastercard

by Nick_Parkhouse

Easy to use, available to almost everyone and offering control over your spending, prepaid cards are one of the UKs fastest growing financial products.

How to Get a Prepaid Mastercard

Dozens of visa and mastercard prepaid card products have appeared on the market in the last couple of years.

However, before applying for a card it’s vital that you understand and compare mastercard prepaid cards. Here’s why:

What is a mastercard prepaid card?

Prepaid cards look like traditional credit or debit cards and can be used in the same way. You can buy goods and services in shops or online or withdraw cash from an ATM. Most cards either bear the visa or the mastercard symbol.

However, the difference between a mastercard prepaid debit card and a traditional credit or debit card is that prepaid cards aren’t linked to a credit facility or a bank account.

You never borrow money or go overdrawn as you can only spend the cash that you have loaded onto your card.

You top up your mastercard prepaid card and then use it to buy goods or services or to withdraw cash. The value of your transaction is deducted from your card balance and when you have used up the cash loaded onto your card you have to top it up to use it again.

If you’re looking for a prepaid card, it’s vital that you shop around for the best deal or you could lose out. Let us explain.

Choosing the best prepaid mastercard

There are dozens of pre paid mastercard deals on the market and so it’s important that you find the right card for you.

When you compare mastercard prepaid cards you should take into account:

  • The fees and charges that apply to the card
  • How easy it is to top up your card
  • Whether you can use your card overseas

If you don’t choose the right card, you could end up paying lots of unnecessary fees and charges. Use our comparison table to find the cheapest prepaid mastercard for your needs.

Applying for a pre paid mastercard

Once you have found the right mastercard prepaid card for you, you can apply for the card online. As there is no credit facility and no borrowing, prepaid cards are generally available to everyone, irrespective of your credit history.

Once your application has been agreed you’ll receive your mastercard prepaid debit card and your PIN through the post and will be able to top it up and start using it.