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Is a Prepaid Mastercard classed as a Credit or Debit Card?
![[Deleted User]](https://us-noi.v-cdn.net/6031891/uploads/defaultavatar/nFA7H6UNOO0N5.jpg)
[Deleted User]
Posts: 0 Newbie
in Credit cards
I'm about to pay for something over the Internet, using my Prepaid Mastercard.
According to the company I'll be paying, the charges are Debit Cards 0%, and Credit Cards 1.25%.
Even if classed as a Credit Card, the charge will only be about £3-75 (so not the end of the world), but I was wondering.
According to the company I'll be paying, the charges are Debit Cards 0%, and Credit Cards 1.25%.
Even if classed as a Credit Card, the charge will only be about £3-75 (so not the end of the world), but I was wondering.
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Comments
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It is a debit card only - so no additional charges should be made. There is no such animal as a Pre-paid credit card!0
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Bedsit_Bob wrote: »I didn't say there was.
I just wanted to know how the retailer/bank would treat it.
Who knows? Some retailers reject Pre-paid cards out of hand for their own reasons (car rental is one). So it pays to have Plan B.0 -
No, it may be treated as a debit card generally but actually it's a third kind of card - not debit, not credit but prepaid.It is a debit card only - so no additional charges should be made.
Try to use a prepaid card at HMRC to pay income tax or your local council to pay council tax (ours anyway) and they treat it as a credit card and want to charge extra. They say they haven't got the necessary software.:(
Try to use one at Aldi (probably Lidl too) in England and you''ll only end up holding up the queue while they explain it's not a debit card. :rotfl:
Just my experience with a prepaid MasterCard.
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Bedsit_Bob wrote: »I'm about to pay for something over the Internet, using my Prepaid Mastercard.
According to the company I'll be paying, the charges are Debit Cards 0%, and Credit Cards 1.25%.
Even if classed as a Credit Card, the charge will only be about £3-75 (so not the end of the world), but I was wondering.Bedsit_Bob wrote: »I didn't say there was.
I just wanted to know how the retailer/bank would treat it.
So how did they?0 -
So how did they what :huh:0
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How did they treat it? Did they apply the fee?Cashback Earned ¦ Nectar Points £68 ¦ Natoinwide Select £62 ¦ Aqua Reward £100 ¦ Amex Platinum £48
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I don't know. I haven't paid yet.
I'll be loading it tomorrow morning, then paying tomorrow afternoon.0 -
Just paid and it went through as a Debit Card.
No handling charge. :cool:0
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