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Pre-paid Credit Cards

rog2
rog2 Posts: 11,650 Forumite
10,000 Posts Combo Breaker
Does anyone have any information on pre-paid credit cards, please?
I travel a lot, in my work, and do not wish to carry large amounts of cash (even if I had it). I did read, somewhere, that there is a pre-paid Mastercard, which is accepted everywhere that ordinary mastercard is accepted.
I am NOT, nor do I profess to be, a Qualified Debt Adviser. I have made MANY mistakes and have OFTEN been the unwitting victim of the the shamefull tactics of the Financial Industry.
If any of my experiences, or the knowledge that I have gained from those experiences, can help anyone who finds themselves in similar circumstances, then my experiences have not been in vain.

HMRC Bankruptcy Statistic - 26th October 2006 - 23rd April 2007 BCSC Member No. 7

DFW Nerd # 166 PROUD TO BE DEALING WITH MY DEBTS

Comments

  • There are quite a few now I think, but the best known (and first, as far as I know) is MyCashPlus.
  • Hiya..

    there is a good comparison site for pre-paid credit cards https://www.moneysupermarket.com
  • james32_uk
    james32_uk Posts: 1,223 Forumite
    Do these help build credit ratings in any way???
    Debt as at 12th July 2006 - £61,345 :eek: :eek: :eek:
    Debt free 21st Oct 2011.

    All thanks to :money:
  • davek1
    davek1 Posts: 590 Forumite
    Hi

    Cashplus is fine i use one. They don't help build your credit rating in any way though as they are not credit scored. Watch the charges though and do ant balance checking wither on line or via 0870 phone number otherwise if you speak to an operator you may well get charged. I have had my card about a year and truthfully the comapnay are great. Horses for courses really. I need one for work and it operates in exactly the same way as a normal Mastercard. Have even used it abroad with no problems at all.

    https://www.mycashplus.co.uk


    or there is also easykard, although i dont have one they are more expensive as they operate US$ accounts

    Hope this helps

    Dave
  • Why not just open a Woolwich cash card account and get a visa electron card. That way you will notpay any charges, and albeit it paltry, get interest on your deposit.
    Don't lie, thieve, cheat or steal. The Government do not like the competition.
    The Lord Giveth and the Government Taketh Away.
    I'm sorry, I don't apologise. That's just the way I am. Homer (Simpson)
  • MCBIRNIE25
    MCBIRNIE25 Posts: 555 Forumite
    I use the cash plus 1 too and would recommend it.
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