Pockit prepaid cash card

GringoGoesToVagas

Emmia said:

GringoGoesToVagas said:

GringoGoesToVagas said:

PS there web site can be found  hear
https://www.pockit.com

If you look at that link on the home page; it says "Salary or Benefits paid early". How do they do this? do you get or do you need a bank account number and sort code for this? How dose an employer or indeed a person pay a visa/ master card? Dont you need a proper card machine to do all this with out the bank account and sort code numbers?

If you read the T&Cs you'll see that you need to give Pockit's  BACS details to your employer/ DWP as the account you want your money paid to.

They can offer this feature as they can "see" that your salary/benefits payment is enroute in the banking system. 

I can see in my banking app the fact my salary is enroute (but not formally credited to my account) a day, sometimes two before the payment lands.


However if your goal is not using banks, I'm not sure this really fits the criteria.

So looks like they are lying on there home page then

GringoGoesToVagas

GeoffTF said:

Pockit is an expensive bank account for people who cannot get even a Basic Bank Account with a proper bank. It does not have the protections of a normal bank account.

How expensive are they with the visa/ master card transactions as I can not find there fees listed

GringoGoesToVagas

grumpy_codger said:

GringoGoesToVagas said:

...3rd was by paypoint. I selected paypoint. I was then taken to a page with a bar code that the pay point would scan and i would hand over the money. Those I doubt paypoint will hand me over a pre paid loaded "pockit card".  I emailed Pockit but sadly no reply! ...

I'm pretty it's Pockit who send you the card for £5. Then you go to Paypoint with cash and the barcode. They take your cash and load your card. 

But how do you get the card in the first place?

GringoGoesToVagas

born_again said:

https://forums.moneysavingexpert.com/discussion/6631568/asda-travel-money-cards-no-bank-account-needed#latest

https://forums.moneysavingexpert.com/discussion/6631451/prepaid-cards-mse-advice#latest

Have you not got the answers you want?

No I am still looking for as many cash cards as i can get

Emmia

GringoGoesToVagas said:

Emmia said:

GringoGoesToVagas said:

GringoGoesToVagas said:

PS there web site can be found  hear
https://www.pockit.com

If you look at that link on the home page; it says "Salary or Benefits paid early". How do they do this? do you get or do you need a bank account number and sort code for this? How dose an employer or indeed a person pay a visa/ master card? Dont you need a proper card machine to do all this with out the bank account and sort code numbers?

If you read the T&Cs you'll see that you need to give Pockit's  BACS details to your employer/ DWP as the account you want your money paid to.

They can offer this feature as they can "see" that your salary/benefits payment is enroute in the banking system. 

I can see in my banking app the fact my salary is enroute (but not formally credited to my account) a day, sometimes two before the payment lands.


However if your goal is not using banks, I'm not sure this really fits the criteria.

So looks like they are lying on there home page then

How are they lying? Pockit need to be confident they'll be repaid... It's not unreasonable.

GringoGoesToVagas

Emmia said:

GringoGoesToVagas said:

Emmia said:

GringoGoesToVagas said:

GringoGoesToVagas said:

PS there web site can be found  hear
https://www.pockit.com

If you look at that link on the home page; it says "Salary or Benefits paid early". How do they do this? do you get or do you need a bank account number and sort code for this? How dose an employer or indeed a person pay a visa/ master card? Dont you need a proper card machine to do all this with out the bank account and sort code numbers?

If you read the T&Cs you'll see that you need to give Pockit's  BACS details to your employer/ DWP as the account you want your money paid to.

They can offer this feature as they can "see" that your salary/benefits payment is enroute in the banking system. 

I can see in my banking app the fact my salary is enroute (but not formally credited to my account) a day, sometimes two before the payment lands.


However if your goal is not using banks, I'm not sure this really fits the criteria.

So looks like they are lying on there home page then

How are they lying? Pockit need to be confident they'll be repaid... It's not unreasonable.

I dont undrstand how it works then. what do you mean repaid?

grumpy_codger

GringoGoesToVagas said:

grumpy_codger said:

GringoGoesToVagas said:

...3rd was by paypoint. I selected paypoint. I was then taken to a page with a bar code that the pay point would scan and i would hand over the money. Those I doubt paypoint will hand me over a pre paid loaded "pockit card".  I emailed Pockit but sadly no reply! ...

I'm pretty it's Pockit who send you the card for £5. Then you go to Paypoint with cash and the barcode. They take your cash and load your card. 

But how do you get the card in the first place?

Through your letterbox.

Emmia

GringoGoesToVagas said:

Emmia said:

GringoGoesToVagas said:

Emmia said:

GringoGoesToVagas said:

GringoGoesToVagas said:

PS there web site can be found  hear
https://www.pockit.com

If you look at that link on the home page; it says "Salary or Benefits paid early". How do they do this? do you get or do you need a bank account number and sort code for this? How dose an employer or indeed a person pay a visa/ master card? Dont you need a proper card machine to do all this with out the bank account and sort code numbers?

If you read the T&Cs you'll see that you need to give Pockit's  BACS details to your employer/ DWP as the account you want your money paid to.

They can offer this feature as they can "see" that your salary/benefits payment is enroute in the banking system. 

I can see in my banking app the fact my salary is enroute (but not formally credited to my account) a day, sometimes two before the payment lands.


However if your goal is not using banks, I'm not sure this really fits the criteria.

So looks like they are lying on there home page then

How are they lying? Pockit need to be confident they'll be repaid... It's not unreasonable.

I dont undrstand how it works then. what do you mean repaid?

What they're doing is extending you a short term loan against your incoming salary/wages/benefits - they also limit it to £300.

They'll slice off your advance once the payment is made.

GringoGoesToVagas

grumpy_codger said:

GringoGoesToVagas said:

grumpy_codger said:

GringoGoesToVagas said:

...3rd was by paypoint. I selected paypoint. I was then taken to a page with a bar code that the pay point would scan and i would hand over the money. Those I doubt paypoint will hand me over a pre paid loaded "pockit card".  I emailed Pockit but sadly no reply! ...

I'm pretty it's Pockit who send you the card for £5. Then you go to Paypoint with cash and the barcode. They take your cash and load your card. 

But how do you get the card in the first place?

Through your letterbox.

So ae you saying you pay for it at the paypoint shop with the barcode they give, and then it is delivered after?

GringoGoesToVagas

Emmia said:

GringoGoesToVagas said:

Emmia said:

GringoGoesToVagas said:

Emmia said:

GringoGoesToVagas said:

GringoGoesToVagas said:

PS there web site can be found  hear
https://www.pockit.com

If you look at that link on the home page; it says "Salary or Benefits paid early". How do they do this? do you get or do you need a bank account number and sort code for this? How dose an employer or indeed a person pay a visa/ master card? Dont you need a proper card machine to do all this with out the bank account and sort code numbers?

If you read the T&Cs you'll see that you need to give Pockit's  BACS details to your employer/ DWP as the account you want your money paid to.

They can offer this feature as they can "see" that your salary/benefits payment is enroute in the banking system. 

I can see in my banking app the fact my salary is enroute (but not formally credited to my account) a day, sometimes two before the payment lands.


However if your goal is not using banks, I'm not sure this really fits the criteria.

So looks like they are lying on there home page then

How are they lying? Pockit need to be confident they'll be repaid... It's not unreasonable.

I dont undrstand how it works then. what do you mean repaid?

What they're doing is extending you a short term loan against your incoming salary/wages/benefits - they also limit it to £300.

They'll slice off your advance once the payment is made.

I though they where allowing the employer to pay the wages directly onto the card