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02 money card for expenses

I'm thinking about using an 02 money card for my monthly work expenses. Having put a float on the card I can then use it for fuel, entertaining, tube fares etc. Float would be about £300.

Having had credit cards before I know I can't be trusted, I have a barclaycard at the moment with a £1k limit. I would keep that as a backup in the event that I needed to book a flight or have a larger work expense.

Does this sound like a good idea ?

Comments

  • dylanuk
    dylanuk Posts: 516 Forumite
    Sounds like a good idea to me.

    If you can get the O2 money card (you need to be an O2 mobile customer - pay monthly or pay as you go), it's the cheapest prepaid card - no fees for anything except foreign transactions.

    It's also a Visa card, so you get Visa chargeback protection (purchases from £1 to £100 I think - but worth checking), and it's a proper Visa debit (not an electron) so you won't have any problems of who will accept it.
  • co123456
    co123456 Posts: 368 Forumite
    Mortgage-free Glee!
    If you don't mind paying the pre-paid card fees......

    Have you considered using a secondary current account with a debit card for your company expenses?
  • If you don't mind paying the pre-paid card fees......

    Have you considered using a secondary current account with a debit card for your company expenses?

    What fees ? 02 seems to be completely free, visa card so used for fuel, entertaining and travel. I rarely travel internationally so don't see a problem.
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