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e-money prepaid cards

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Does anyone have experience of this type of card? The two I've seen advertised are the Splash card and Bliss Platinum Maestro. What is the general opinion on these cards - on the surface they look ideal for my daughters aged 13 who need me to get the cash out of their savings accounts which is fine if we're shopping together but no good when they're shopping with their friends and I'm not with them. I'm wondering if the fees on these cards outweigh the convenience of having one. Any views would be appreciated. Apologies if these have been discussed before but I did a search and couldn't find any mention of them.

Comments

  • mad
    mad Posts: 259 Forumite
    Part of the Furniture Combo Breaker
    Hi I have no direct experience but note a few articles in the Guardian today about them, including this one

    http://money.guardian.co.uk/consumernews/story/0,,1754075,00.html

    There is a card here called cashplus that can be used at any place that takes Visa or mastercard. Downside a £9.95 sign up and other charges
  • marybishop
    marybishop Posts: 761 Forumite
    Yes that was finding when you read the terms and conditions on the others - not only do you pay to sign up but there are other charges as well such as 25p on each transaction. Thanks for link - will have a look.
  • thewizard
    thewizard Posts: 659 Forumite
    If you do find a cheap one could you let me know please
  • barclays will supply 12-16 year olds with a visa electron with there account..

    barclayplus i think its called

    much better than prepaid no charges ect my 15 yr old brother has one...

    HTH
    :beer: :j OFFICIAL DFW NERD NO 159 PROUD TO BE DEALING WITH OUR DEBTS:beer: :j

    If you do a job well, people won't be sure you've done anything at all :rolleyes:

    Must claim back bank charges!!!:rolleyes:
  • thewizard
    thewizard Posts: 659 Forumite
    excellent thanks, im moving my current account then
  • Check out my post here.
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