Tesco Clubcard Pay+ altertnative

GeoffTF

LabLady19 said:

GeoffTF said:

LabLady19 said:

I would consider adding a pre-paid card to Google Pay - but unfortunately I'm not sure that would work. I will give it a try! 

Tesco Clubcard Pay+ is not technically a prepaid card. It is a bank account without a lot of the facilities that you get with a full current account. As I have said, I now use a Nationwide FlexAccount without an overdraft facility. I have set the contactless limit to £20, and top it up to £100. It is just like cash, but safer and more convenient. The debit card looks rather smart too.

That would be a brilliant suggestion if only Nationwide wasn't my main current account. Having said that, I think a second simpler account with Nationwide might end up being the simplest solution for me. 

It is frequently recommend here that everyone has a backup account in case your main bank has an outage or your account gets blocked. I have contactless turned off on my main account.

Whitefiver

I'm in a similar position with the Tesco card, and use it exactly as others here do.

A couple of alternatives spring to mind -  Hyperjar, which Mrs Fiver has used very successfully for a while, and maybe even Revolut? I'm probably going the Hyperjar route, especially with a referral code from my Wife!

caveman38

Although posted in the wrong category some months ago. I'd like to ask again if anyone has opened a similar type account to replace this card when withdrawn in April.

la531983

You were given various suggestions in your original thread

Tesco Clubcard Pay+ altertnative — MoneySavingExpert Forum

caveman38

la531983 said:

You were given various suggestions in your original thread

Tesco Clubcard Pay+ altertnative — MoneySavingExpert Forum

I am asking if anyone HAS opened a card to replace the Tesco one. I'd be interested on their opinion on their new card. If this is deemed an unnecessary thread, I am happy to have it withdrawn.
 

GeoffTF

caveman38 said:

la531983 said:

You were given various suggestions in your original thread

Tesco Clubcard Pay+ altertnative — MoneySavingExpert Forum

I am asking if anyone HAS opened a card to replace the Tesco one. I'd be interested on their opinion on their new card. If this is deemed an unnecessary thread, I am happy to have it withdrawn.

I have switched my Pay+ to a Nationwide Flex Account. It is an improvement. Protection against overdrafts is the same (read the T&Cs). They are both bank accounts and provide full Visa debit cards rather than pre-paid cards. I can set the contactless limit with Nationwide, but could not with Pay+. With any luck, and with the addition of a savings account, I will qualify for the Fairer Share.

The_Groat_Counter

I did read the original thread at the time (which as the OP states they erroneously posted in the 'Credit Cards' sub-forum) but never got round to replying.

I never used Pay+, but if you're just after a kind of prepaid card arrangement then opening a Monese account is one option.

Here's a table of their plans and pricing:
www.monese.com/our-pricing

The Pay as you go plan (used to be called the Simple plan) is the relevant one.

• No fee for bank transfers in to the account to top it up (and they use Faster Payments so it's nigh-on immediate).
• There is a charge of £4.95 to get a physical (as opposed to virtual) contactless debit card, however that's waived with a first deposit of £100.
• There is an ATM / cash machine fee of 2% for withdrawals, so it's really only good if you want to use it as a debit card for purchases.
• No credit check.
• You do need to apply and manage it via a smartphone app (there's no web interface) - but the card works fine without any need to have the mobile with you at the time.

It's authorised as an "e-money institution" by the FCA, but isn't covered by FSCS protection, so don't keep lots of money with them.

I've no connection with them other than as a customer - as a light user, I'm satisfied.

(Removed by Forum Team)

eskbanker

The_Groat_Counter said:

I'm not too sure if it's allowed here, but they do run a referral scheme

No, not allowed here, so probably worth editing that part of your post out.

WillPS

Starling offer a connected prepaid card to go alongside their current account. If I desired a prepaid card with the limitations and privileges that allows, that'd be my pick.

MSE_ForumTeam5

We've merged the two threads on this topic