Prepaid card recommendations

London7766551

jasonwatkins said:

London7766551 said:

jasonwatkins said:

Revolut is not a "prepaid card" because it still requires the same level of ID to open as a bank account does, so that counts me out.

Why would it count you out? It isn't a bank account, it will not appear on your credit record as far as I know.

It counts me out because I do not have a passport or driving licence, both of which are required to open this so-called "prepaid" account.   Most prepaid accounts I've looked in to either require an up-front payment for the card or have various monthly fees.

You just open the account and you're off and running.

Revolut require you to jump through the usual hoops that you have to jump through if you're applying for a full current account.

Can you not get a provisional driving license for £34?

Unfortunately I think you will have to provide ID for almost everything soon, any kind of electronic thing. Privacy will not exist. Even voting.

jasonwatkins

john4536 said:

jasonwatkins said:

Here we go ..

Why do I need to verify my identity?

You need to verify your identity in order to use your Revolut account. This policy is in line with a banking regulation commonly known as 'Know Your Customer’ (KYC) or 'Customer Due Diligence' (CDD) and is the process of a business verifying the identity of its clients. It is simply an anti-corruption and fraud measure.

hi jasonwatkins,

i'm in the same boat no passport or DL so can you recommend a prepaid account to open that doesnt ask for passport or DL please, i have for years 'Optimum prepaid card' used to be called 'Orange Cash Card' but since they are going to start charging £1.99 from August 2020 i would like to move on?

You're probably better off opening a basic bank account and using the card you get.  HSBC offer a basic bank account with a contactless debit card and it's completely free to use.   You have to apply for a full HSBC current account first and, if you're like me, you get rejected for one then they'll automatically offer you a basic account and you literally just have to click "Open Account" and it'll open it there and then.   It's what I did yesterday, although I haven't yet had an email confirmation to be fair but I don't see a problem.

jasonwatkins

London7766551 said:

jasonwatkins said:

London7766551 said:

jasonwatkins said:

Revolut is not a "prepaid card" because it still requires the same level of ID to open as a bank account does, so that counts me out.

Why would it count you out? It isn't a bank account, it will not appear on your credit record as far as I know.

It counts me out because I do not have a passport or driving licence, both of which are required to open this so-called "prepaid" account.   Most prepaid accounts I've looked in to either require an up-front payment for the card or have various monthly fees.

You just open the account and you're off and running.

Revolut require you to jump through the usual hoops that you have to jump through if you're applying for a full current account.

Can you not get a provisional driving license for £34?

Unfortunately I think you will have to provide ID for almost everything soon, any kind of electronic thing. Privacy will not exist. Even voting.

Thankfully, having no passport or ID isn't often an issue.   On the occasion it is, it's a massive pain in the rear though, but not enough to justify paying out for a licence.   And yes, I'm probably that tight

john4536

jasonwatkins said:

john4536 said:

jasonwatkins said:

Here we go ..

Why do I need to verify my identity?

You need to verify your identity in order to use your Revolut account. This policy is in line with a banking regulation commonly known as 'Know Your Customer’ (KYC) or 'Customer Due Diligence' (CDD) and is the process of a business verifying the identity of its clients. It is simply an anti-corruption and fraud measure.

hi jasonwatkins,

i'm in the same boat no passport or DL so can you recommend a prepaid account to open that doesnt ask for passport or DL please, i have for years 'Optimum prepaid card' used to be called 'Orange Cash Card' but since they are going to start charging £1.99 from August 2020 i would like to move on?

You're probably better off opening a basic bank account and using the card you get.  HSBC offer a basic bank account with a contactless debit card and it's completely free to use.   You have to apply for a full HSBC current account first and, if you're like me, you get rejected for one then they'll automatically offer you a basic account and you literally just have to click "Open Account" and it'll open it there and then.   It's what I did yesterday, although I haven't yet had an email confirmation to be fair but I don't see a problem.

so are you saying you got a HSBC basic account without having a passport or driving lic?

saying that - my friend in the same boat ie no passport or DL told me this morning that the easiest basicc bank account to open is 'Co-operative bank Cashminder' as you can do it online and there is no 'credit check', all they do is run  a 'soft check' (only seen by you on your credit file) to check identification etc  and if that 'soft check' fails and only if it fails then they will ask for id and proof of address to be sent to them via post and low and behold he got his account opened letter package this morning with account number and all and nowhere in the envelope did they say you have to send in any ID or proof of address.

However, that will not work for me as i had a problem with Co-operative bank over 15 years ago and so they will definitely not open any account for me

jasonwatkins

john4536 said:

jasonwatkins said:

john4536 said:

jasonwatkins said:

Here we go ..

Why do I need to verify my identity?

You need to verify your identity in order to use your Revolut account. This policy is in line with a banking regulation commonly known as 'Know Your Customer’ (KYC) or 'Customer Due Diligence' (CDD) and is the process of a business verifying the identity of its clients. It is simply an anti-corruption and fraud measure.

hi jasonwatkins,

i'm in the same boat no passport or DL so can you recommend a prepaid account to open that doesnt ask for passport or DL please, i have for years 'Optimum prepaid card' used to be called 'Orange Cash Card' but since they are going to start charging £1.99 from August 2020 i would like to move on?

You're probably better off opening a basic bank account and using the card you get.  HSBC offer a basic bank account with a contactless debit card and it's completely free to use.   You have to apply for a full HSBC current account first and, if you're like me, you get rejected for one then they'll automatically offer you a basic account and you literally just have to click "Open Account" and it'll open it there and then.   It's what I did yesterday, although I haven't yet had an email confirmation to be fair but I don't see a problem.

so are you saying you got a HSBC basic account without having a passport or driving lic?

saying that - my friend in the same boat ie no passport or DL told me this morning that the easiest basicc bank account to open is 'Co-operative bank Cashminder' as you can do it online and there is no 'credit check', all they do is run  a 'soft check' (only seen by you on your credit file) to check identification etc  and if that 'soft check' fails and only if it fails then they will ask for id and proof of address to be sent to them via post and low and behold he got his account opened letter package this morning with account number and all and nowhere in the envelope did they say you have to send in any ID or proof of address.

However, that will not work for me as i had a problem with Co-operative bank over 15 years ago and so they will definitely not open any account for me

Yes, that's exactly what i'm saying.   It even says on the website that if you want a basic account then you have to go through the process of applying for a current account before they offer you the basic account.

"Before you apply for a Basic Bank Account we first need to check if you qualify for one of our standard accounts instead. If you apply but don’t qualify, we’ll automatically offer a Basic Bank Account to you if you’re eligible"

https://www.hsbc.co.uk/current-accounts/products/basic-bank-account/

It literally was a case of having to firstly click a button that said "Yes Please" when it offered you a basic account.   You then go to a screen with other information (T's & C's I think) and then you click "Open Account".

I'm actually just going to ring them to confirm that my account is actually open as I haven't received an email notification yet, but I don't think it'll be a problem.

john4536

jasonwatkins said:

London7766551 said:

jasonwatkins said:

London7766551 said:

jasonwatkins said:

Revolut is not a "prepaid card" because it still requires the same level of ID to open as a bank account does, so that counts me out.

Why would it count you out? It isn't a bank account, it will not appear on your credit record as far as I know.

It counts me out because I do not have a passport or driving licence, both of which are required to open this so-called "prepaid" account.   Most prepaid accounts I've looked in to either require an up-front payment for the card or have various monthly fees.

You just open the account and you're off and running.

Revolut require you to jump through the usual hoops that you have to jump through if you're applying for a full current account.

Can you not get a provisional driving license for £34?

Unfortunately I think you will have to provide ID for almost everything soon, any kind of electronic thing. Privacy will not exist. Even voting.

Thankfully, having no passport or ID isn't often an issue.   On the occasion it is, it's a massive pain in the rear though, but not enough to justify paying out for a licence.   And yes, I'm probably that tight

i totally agree, Privacy is totally out of the door and we all slowly accepted it and the repercussions will show itself very very soon.

john4536

jasonwatkins said:

john4536 said:

jasonwatkins said:

john4536 said:

jasonwatkins said:

Here we go ..

Why do I need to verify my identity?

You need to verify your identity in order to use your Revolut account. This policy is in line with a banking regulation commonly known as 'Know Your Customer’ (KYC) or 'Customer Due Diligence' (CDD) and is the process of a business verifying the identity of its clients. It is simply an anti-corruption and fraud measure.

hi jasonwatkins,

i'm in the same boat no passport or DL so can you recommend a prepaid account to open that doesnt ask for passport or DL please, i have for years 'Optimum prepaid card' used to be called 'Orange Cash Card' but since they are going to start charging £1.99 from August 2020 i would like to move on?

You're probably better off opening a basic bank account and using the card you get.  HSBC offer a basic bank account with a contactless debit card and it's completely free to use.   You have to apply for a full HSBC current account first and, if you're like me, you get rejected for one then they'll automatically offer you a basic account and you literally just have to click "Open Account" and it'll open it there and then.   It's what I did yesterday, although I haven't yet had an email confirmation to be fair but I don't see a problem.

so are you saying you got a HSBC basic account without having a passport or driving lic?

saying that - my friend in the same boat ie no passport or DL told me this morning that the easiest basicc bank account to open is 'Co-operative bank Cashminder' as you can do it online and there is no 'credit check', all they do is run  a 'soft check' (only seen by you on your credit file) to check identification etc  and if that 'soft check' fails and only if it fails then they will ask for id and proof of address to be sent to them via post and low and behold he got his account opened letter package this morning with account number and all and nowhere in the envelope did they say you have to send in any ID or proof of address.

However, that will not work for me as i had a problem with Co-operative bank over 15 years ago and so they will definitely not open any account for me

Yes, that's exactly what i'm saying.   It even says on the website that if you want a basic account then you have to go through the process of applying for a current account before they offer you the basic account.

"Before you apply for a Basic Bank Account we first need to check if you qualify for one of our standard accounts instead. If you apply but don’t qualify, we’ll automatically offer a Basic Bank Account to you if you’re eligible"

https://www.hsbc.co.uk/current-accounts/products/basic-bank-account/

It literally was a case of having to firstly click a button that said "Yes Please" when it offered you a basic account.   You then go to a screen with other information (T's & C's I think) and then you click "Open Account".

I'm actually just going to ring them to confirm that my account is actually open as I haven't received an email notification yet, but I don't think it'll be a problem.

interesting, i've just been on the web link you posted, the problem i see with their process is the 'credit check' they do, which will leave a marker on your credit file other banks and credit card companies can see but if one is definitely getting a free bank account that has a contactless visa card, then i guess that a price one has to pay. 

jasonwatkins

john4536 said:

jasonwatkins said:

john4536 said:

jasonwatkins said:

john4536 said:

jasonwatkins said:

Here we go ..

Why do I need to verify my identity?

You need to verify your identity in order to use your Revolut account. This policy is in line with a banking regulation commonly known as 'Know Your Customer’ (KYC) or 'Customer Due Diligence' (CDD) and is the process of a business verifying the identity of its clients. It is simply an anti-corruption and fraud measure.

hi jasonwatkins,

i'm in the same boat no passport or DL so can you recommend a prepaid account to open that doesnt ask for passport or DL please, i have for years 'Optimum prepaid card' used to be called 'Orange Cash Card' but since they are going to start charging £1.99 from August 2020 i would like to move on?

You're probably better off opening a basic bank account and using the card you get.  HSBC offer a basic bank account with a contactless debit card and it's completely free to use.   You have to apply for a full HSBC current account first and, if you're like me, you get rejected for one then they'll automatically offer you a basic account and you literally just have to click "Open Account" and it'll open it there and then.   It's what I did yesterday, although I haven't yet had an email confirmation to be fair but I don't see a problem.

so are you saying you got a HSBC basic account without having a passport or driving lic?

saying that - my friend in the same boat ie no passport or DL told me this morning that the easiest basicc bank account to open is 'Co-operative bank Cashminder' as you can do it online and there is no 'credit check', all they do is run  a 'soft check' (only seen by you on your credit file) to check identification etc  and if that 'soft check' fails and only if it fails then they will ask for id and proof of address to be sent to them via post and low and behold he got his account opened letter package this morning with account number and all and nowhere in the envelope did they say you have to send in any ID or proof of address.

However, that will not work for me as i had a problem with Co-operative bank over 15 years ago and so they will definitely not open any account for me

Yes, that's exactly what i'm saying.   It even says on the website that if you want a basic account then you have to go through the process of applying for a current account before they offer you the basic account.

"Before you apply for a Basic Bank Account we first need to check if you qualify for one of our standard accounts instead. If you apply but don’t qualify, we’ll automatically offer a Basic Bank Account to you if you’re eligible"

https://www.hsbc.co.uk/current-accounts/products/basic-bank-account/

It literally was a case of having to firstly click a button that said "Yes Please" when it offered you a basic account.   You then go to a screen with other information (T's & C's I think) and then you click "Open Account".

I'm actually just going to ring them to confirm that my account is actually open as I haven't received an email notification yet, but I don't think it'll be a problem.

interesting, i've just been on the web link you posted, the problem i see with their process is the 'credit check' they do, which will leave a marker on your credit file other banks and credit card companies can see but if one is definitely getting a free bank account that has a contactless visa card, then i guess that a price one has to pay. 

Yes I’m not too bothered about credit checks as my credit rating has been in the toilet for many years so it was worth making the application.

I was using the virgin prepaid card myself but they’re discontinuing it from September so I had to find another option.

john4536

jasonwatkins said:

john4536 said:

jasonwatkins said:

john4536 said:

jasonwatkins said:

john4536 said:

jasonwatkins said:

Here we go ..

Why do I need to verify my identity?

You need to verify your identity in order to use your Revolut account. This policy is in line with a banking regulation commonly known as 'Know Your Customer’ (KYC) or 'Customer Due Diligence' (CDD) and is the process of a business verifying the identity of its clients. It is simply an anti-corruption and fraud measure.

hi jasonwatkins,

i'm in the same boat no passport or DL so can you recommend a prepaid account to open that doesnt ask for passport or DL please, i have for years 'Optimum prepaid card' used to be called 'Orange Cash Card' but since they are going to start charging £1.99 from August 2020 i would like to move on?

You're probably better off opening a basic bank account and using the card you get.  HSBC offer a basic bank account with a contactless debit card and it's completely free to use.   You have to apply for a full HSBC current account first and, if you're like me, you get rejected for one then they'll automatically offer you a basic account and you literally just have to click "Open Account" and it'll open it there and then.   It's what I did yesterday, although I haven't yet had an email confirmation to be fair but I don't see a problem.

so are you saying you got a HSBC basic account without having a passport or driving lic?

saying that - my friend in the same boat ie no passport or DL told me this morning that the easiest basicc bank account to open is 'Co-operative bank Cashminder' as you can do it online and there is no 'credit check', all they do is run  a 'soft check' (only seen by you on your credit file) to check identification etc  and if that 'soft check' fails and only if it fails then they will ask for id and proof of address to be sent to them via post and low and behold he got his account opened letter package this morning with account number and all and nowhere in the envelope did they say you have to send in any ID or proof of address.

However, that will not work for me as i had a problem with Co-operative bank over 15 years ago and so they will definitely not open any account for me

Yes, that's exactly what i'm saying.   It even says on the website that if you want a basic account then you have to go through the process of applying for a current account before they offer you the basic account.

"Before you apply for a Basic Bank Account we first need to check if you qualify for one of our standard accounts instead. If you apply but don’t qualify, we’ll automatically offer a Basic Bank Account to you if you’re eligible"

https://www.hsbc.co.uk/current-accounts/products/basic-bank-account/

It literally was a case of having to firstly click a button that said "Yes Please" when it offered you a basic account.   You then go to a screen with other information (T's & C's I think) and then you click "Open Account".

I'm actually just going to ring them to confirm that my account is actually open as I haven't received an email notification yet, but I don't think it'll be a problem.

interesting, i've just been on the web link you posted, the problem i see with their process is the 'credit check' they do, which will leave a marker on your credit file other banks and credit card companies can see but if one is definitely getting a free bank account that has a contactless visa card, then i guess that a price one has to pay. 

Yes I’m not too bothered about credit checks as my credit rating has been in the toilet for many years so it was worth making the application.

I was using the virgin prepaid card myself but they’re discontinuing it from September so I had to find another option.

yeah, many prepaid card operators and some non-traditional bank accounts providers are all seeming taking away benefits like interest rates or starting to charge to use the accounts/prepaid card accounts....not a good sign re the economy and unfair when lots have lost their jobs or at a higher risk now of redundancies etc because of stagnations caused by the covid-19 crisis and the govt original and current mis-management  of it.

jasonwatkins

john4536 said:

jasonwatkins said:

john4536 said:

jasonwatkins said:

john4536 said:

jasonwatkins said:

john4536 said:

jasonwatkins said:

Here we go ..

Why do I need to verify my identity?

You need to verify your identity in order to use your Revolut account. This policy is in line with a banking regulation commonly known as 'Know Your Customer’ (KYC) or 'Customer Due Diligence' (CDD) and is the process of a business verifying the identity of its clients. It is simply an anti-corruption and fraud measure.

hi jasonwatkins,

i'm in the same boat no passport or DL so can you recommend a prepaid account to open that doesnt ask for passport or DL please, i have for years 'Optimum prepaid card' used to be called 'Orange Cash Card' but since they are going to start charging £1.99 from August 2020 i would like to move on?

You're probably better off opening a basic bank account and using the card you get.  HSBC offer a basic bank account with a contactless debit card and it's completely free to use.   You have to apply for a full HSBC current account first and, if you're like me, you get rejected for one then they'll automatically offer you a basic account and you literally just have to click "Open Account" and it'll open it there and then.   It's what I did yesterday, although I haven't yet had an email confirmation to be fair but I don't see a problem.

so are you saying you got a HSBC basic account without having a passport or driving lic?

saying that - my friend in the same boat ie no passport or DL told me this morning that the easiest basicc bank account to open is 'Co-operative bank Cashminder' as you can do it online and there is no 'credit check', all they do is run  a 'soft check' (only seen by you on your credit file) to check identification etc  and if that 'soft check' fails and only if it fails then they will ask for id and proof of address to be sent to them via post and low and behold he got his account opened letter package this morning with account number and all and nowhere in the envelope did they say you have to send in any ID or proof of address.

However, that will not work for me as i had a problem with Co-operative bank over 15 years ago and so they will definitely not open any account for me

Yes, that's exactly what i'm saying.   It even says on the website that if you want a basic account then you have to go through the process of applying for a current account before they offer you the basic account.

"Before you apply for a Basic Bank Account we first need to check if you qualify for one of our standard accounts instead. If you apply but don’t qualify, we’ll automatically offer a Basic Bank Account to you if you’re eligible"

https://www.hsbc.co.uk/current-accounts/products/basic-bank-account/

It literally was a case of having to firstly click a button that said "Yes Please" when it offered you a basic account.   You then go to a screen with other information (T's & C's I think) and then you click "Open Account".

I'm actually just going to ring them to confirm that my account is actually open as I haven't received an email notification yet, but I don't think it'll be a problem.

interesting, i've just been on the web link you posted, the problem i see with their process is the 'credit check' they do, which will leave a marker on your credit file other banks and credit card companies can see but if one is definitely getting a free bank account that has a contactless visa card, then i guess that a price one has to pay. 

Yes I’m not too bothered about credit checks as my credit rating has been in the toilet for many years so it was worth making the application.

I was using the virgin prepaid card myself but they’re discontinuing it from September so I had to find another option.

yeah, many prepaid card operators and some non-traditional bank accounts providers are all seeming taking away benefits like interest rates or starting to charge to use the accounts/prepaid card accounts....not a good sign re the economy and unfair when lots have lost their jobs or at a higher risk now of redundancies etc because of stagnations caused by the covid-19 crisis and the govt original and current mis-management  of it.

Just thought I’d let you know I’ve now received the welcome pack from HSBC so the account is 100% confirmed as open.