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  • MeeToo
    How about the post office's travel money card? How does this compare to the travelex and other prepaid travel cards?
    Saving money one penny at a time...
    • techno12
    • By techno12 12th Dec 08, 8:35 PM
    • 609 Posts
    • 247 Thanks
    techno12
    There are some ideas that are so bad that they shouldn't be promoted by experts such as MSE. Prepaid cards are basically a rip-off and they are promoted for those that can least afford them.
    Originally posted by smartmind
    I dunno, I'm considering getting one for Internet purchases. Made one last year on my normal Visa Debit card, and kept receiving recurring transactions each month, despite me stopping the service. Had to reclaim the debited amount month after month until Barclays finally sorted it out.

    A prepaid card where I load a tenner on it or whatever sounds like the solution - any dodgy internet retailers can try those 'continuous authority' transactions all they like, but it'll just bounce cos there'll be no funds on the card!
  • Scooper100
    Amazon charges
    One point to note is that some online retailers, like Amazon, list every item you buy as a separate purchase. This means that when you buy several items at once, even though it appears you are making one purchase, your card supplier will charge you the minimum fee for each item, which is likely to be higher than if all the items were grouped together as one purchase.
    • halil
    • By halil 27th Dec 08, 10:16 PM
    • 283 Posts
    • 20 Thanks
    halil
    whats the best mastercard or visa prepaid card out thgere? mainly for online purchases?
    • halil
    • By halil 29th Dec 08, 10:12 PM
    • 283 Posts
    • 20 Thanks
    halil
    just bumping
  • racquetgirl
    I am quite confused re prepaid cards. I am off to Australia, New Zealand and Canada, is there any benefit in having a card and if so should I get a sterling one? Or should I take travellers cheques?
    Racquetgirl
  • kyllle
    Cashbuilder Problem helped required asap!!
    Hi all,

    I order one of the cashplus top up credit cards, got my letter to take to the post office to pay the Card Issue Fee of £9.95 and First Months Subscription fee of £4.95 which I paid on 19th December 09 and was told I would recieve my card within 7-10 days but with the christmas holidays i expected it to arrive a little later.

    Still hadnt arrived this week so I decided to phone and the guy told me he would have to reissue me with a new card which would take 4-5days to arrive.

    I asked him could I pay money into my card over the phone which he told me i couldnt then he gave me a ref number and told me I could pay into my account in any national retail outlet but this only applies to england.

    I assume there will be another debit come 19th January or how does the debits work as teh customer advisor was useless, this has got me really panickin as I got this card in order to start boasting my credit rating and now Im gonna fail straight away and I really cant afford to!! I really dunno what i can do!!

    Kyle
    #21 Debt Free in 2009 - Mission Complete
    #353 Sealed Pot Challenge '09 - £2445
    #363 Sealed POt Challenge '10
    • redvanman
    • By redvanman 26th Jan 09, 1:01 PM
    • 112 Posts
    • 26 Thanks
    redvanman
    Booking Hotel with Pre paid card
    I was thinking of getting either a Splash Maestro Card or Cashplus Mastercard would I be able to book Hotel and Train reservations with any of these cards.
  • robsimps53
    I wanted to give my daughter and son a paypal card each for Christmas but for the last fortnight every time I fill in the forms at the very last bit when it's suppose to get the funding from my paypal account a message comes up saying
    I am sorry we are unable to complete your request, please try again later.

    Please try again.

    I've emailed paypal twice and they say its a technical problem and they are dealing with it. It does seem to be taking them an exceedingly long time!
    Does anyone know what's happening ?
    Originally posted by chrisitme
    i have read many good things about the paypal card and it does stand out from the rest although i dont have one of these cards i do however use paypal for making payments for ebay items and i found a few times that whenever i have a problem with a transaction they are a total nightmare to get hold of and get it sorted
  • trenchard
    trenchard
    try titanium cash plus, it work for me
    Originally posted by killie1997
    killie. what happens when you win ? can you withdraw your winnings with your titanium cash plus, or by some other method ?
  • kerrie83
    Help!

    I know this might be a stupid question but i was just about to apply for a cashplus prepaid mastercard, they want to charge me £4.99 for the card then £4.49 (or something) for the first months fee...

    I dont really want to use the pre paid card part but i was going to add on the Credit builder which costs £4.49 a month so..... does this mean i will have to pay £4.49 for the cashplus card then £4.49 for the credit builder every month because this will work out more than it says on the previos page...

    One way of doing this is the Cashplus Creditbuilder* card, which costs £9.95 to open. It charges a £4.95 monthly fee, which technically counts as a £59.40/year loan. As long as you pay the fee every month for a year, this info will be passed on to credit reference agency Experian.

    Any info would be appreciated, i'm really confused :/
  • Doshamento
    Help!

    I know this might be a stupid question but i was just about to apply for a cashplus prepaid mastercard, they want to charge me £4.99 for the card then £4.49 (or something) for the first months fee...

    I dont really want to use the pre paid card part but i was going to add on the Credit builder which costs £4.49 a month so..... does this mean i will have to pay £4.49 for the cashplus card then £4.49 for the credit builder every month because this will work out more than it says on the previos page...

    One way of doing this is the Cashplus Creditbuilder* card, which costs £9.95 to open. It charges a £4.95 monthly fee, which technically counts as a £59.40/year loan. As long as you pay the fee every month for a year, this info will be passed on to credit reference agency Experian.

    Any info would be appreciated, i'm really confused :/
    Originally posted by kerrie83

    The Creditbuilder loan is for £59.40 which is added to your Cashplus card upon request and is repaid over 12 months at £4.95.

    After the first 3 months, repayment history will appear on your Experian Credit File as a Loan credit agreement. Then subsequently reported to them on a monthly basis for the remainder of the 12 months until it has been repaid in full.
    Just make sure not to miss any of the monthly repayments - as these will be reported to Experian too just like any other type of credit agreement.

    The Creditbuilder facility is designed to enhance your credit rating and strengthen your credit file over a period of 12 months, and is useful if you wan't to build up some repayment history onto your credit file whilst using your Cashplus prepaid card.


    One main thing of importance to note is that Creditbuilder does not come automatically linked to the Cashplus Mastercard - You have to apply for it seperately, and after receiving and activating your Cashplus card

    Your Cashplus card also needs to be 'fully verified' before the Creditbuilder facility can be added on to it.
  • nickg147
    Just looking at the Post Office Travel Money Card. With this being a Visa Electron card, can anyone confirm if it can be used to avoid the budget airline charges, when booking flights?

    E.g. The £4.75 Ryanair charge, per person, per flight...

    Seems a very cheap and convenient way to save for anyone who flies often...
    • stickman
    • By stickman 8th Mar 09, 2:19 PM
    • 163 Posts
    • 31 Thanks
    stickman
    The Creditbuilder loan is for £59.40 which is added to your Cashplus card upon request and is repaid over 12 months at £4.95.

    After the first 3 months, repayment history will appear on your Experian Credit File as a Loan credit agreement. Then subsequently reported to them on a monthly basis for the remainder of the 12 months until it has been repaid in full.
    Just make sure not to miss any of the monthly repayments - as these will be reported to Experian too just like any other type of credit agreement.

    The Creditbuilder facility is designed to enhance your credit rating and strengthen your credit file over a period of 12 months, and is useful if you wan't to build up some repayment history onto your credit file whilst using your Cashplus prepaid card.


    One main thing of importance to note is that Creditbuilder does not come automatically linked to the Cashplus Mastercard - You have to apply for it seperately, and after receiving and activating your Cashplus card

    Your Cashplus card also needs to be 'fully verified' before the Creditbuilder facility can be added on to it.
    Originally posted by Doshamento
    A little confused still on this one. If I just take the cashplus card I pay4.95 per month, does this mean then that if I also take up the creditbuilder I will be charged an additional 4.95 or not.
    Thanks
  • Skylark9999
    Hi, We received a Cashplus Gold Mastercard about a week ago but now wish to cancel as we have since been accepted for a Vantage card. Can anyone tell me if there is a cancellation penalty, and what is the time limit to cancel as I can't find it in their paperwork. Many thanks,
  • Doshamento
    A little confused still on this one. If I just take the cashplus card I pay4.95 per month, does this mean then that if I also take up the creditbuilder I will be charged an additional 4.95 or not.
    Thanks
    Originally posted by stickman
    No, you will only be charged the £4.95 ONCE monthly if you take up the Creditbuilder facility.
  • Doshamento
    Hi, We received a Cashplus Gold Mastercard about a week ago but now wish to cancel as we have since been accepted for a Vantage card. Can anyone tell me if there is a cancellation penalty, and what is the time limit to cancel as I can't find it in their paperwork. Many thanks,
    Originally posted by Skylark9999
    You should spend what is remaining on the card to a balance close to zero as possible, then send a letter to them confirming closure of the card.

    If you have any funds on the card, but want a refund of any monies pre-loaded then they will charge you £10 for this as a cancellation fee.

    It takes up to 30 days to close it.
  • grahamt
    I would definitely recommend against the Travelex Prepaid Card. There are potentially significant problems in trying to use it, as I found out when I took one out for a holiday abroad. The problems are not just the ones you might expect. I've written a review of my experience here: http://www.dooyoo.co.uk/credit-card/travelex-pre-paid-travel-card/1017403/
  • Glittermonkey
    I would definitely recommend against the Travelex Prepaid Card. There are potentially significant problems in trying to use it, as I found out when I took one out for a holiday abroad. The problems are not just the ones you might expect. I've written a review of my experience here: http://www.dooyoo.co.uk/credit-card/travelex-pre-paid-travel-card/1017403/
    Originally posted by grahamt
    Aren't all Visa Electron designed like this though - flat numbers instead of raised? So if you had a Visa Electron issued by somebody else, you would of had the same problem?
    Lightbulb moment Dec 2005 - debt £23700

    June 2010 - £17984.21
  • interestedinfinance
    interestedinfinance
    Does anyone know if any of the major car hire companies accept a prepaid card at the start of the hire process? Has anyone actually presented a prepaid card instead of a visa/mastercard/diners etc? If so, was it accepted or declined at the start of the rental? I have looked at a few prepaid card sights and I haven't found an answer to my question. Therefore I presume prepaid cards are not accepted. (Suppose I had better actually ring and ask the major car hire firms directly - but there is nothing on their web-sights about prepaid cards). Appreciate any replies. Thanks.
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