Tesco Clubcard Pay+ altertnative

GeoffTF

The Starling card seems to be the same as the carer's cards offered by other banks, e.g. Santander.

The Tesco card is not really a prepaid card. It is a standard Visa debit card attached to a bank account with FSCS protection, and very limited facilities. The Nationwide says:

Unarranged overdrafts

An unarranged overdraft is when you go over your arranged overdraft limit or when your balance falls below £0 and you don’t have an arranged overdraft in place.
This is borrowing that’s not agreed with us in advance.
We don’t offer unarranged overdrafts at Nationwide. Instead, we’ll try to stop any payments from coming out of your account if you don’t have enough money.
No charges apply if you go into an unarranged overdraft. But you will not be able to withdraw cash or transfer money until your account balance is back in credit or within its limit.
Unarranged overdrafts can be bad for your credit score.

https://www.nationwide.co.uk/current-accounts/overdrafts/

That is every bit as good protection against overdrawing as the for the Tesco card. A Nationwide FlexAccount is a much better option than the Tesco card.

gary1312

Realise this is an older thread, but I've found the Trading 212 debit card to be an excellent, indeed superior, replacement for my Pay+ card (which I used as my day to day spending cash account). 3.8% interest paid daily on the account balance and a cashback rate of 1.5%. The cashback is paid into an investment, but seems easily convertible back into cash - own research obviously advised though. A Trading 212 Invest account is needed to get one, but the process is simple. Recommended.

flaneurs_lobster

https://forums.moneysavingexpert.com/discussion/comment/81930254#Comment_81930254

I'm getting 2% cashback on a Santander Edge CC for another 2 weeks, intending to switch to the 212 card for daily spend cashback. Do you happen to know if the cashback is capped per month?

gary1312

https://forums.moneysavingexpert.com/discussion/comment/81930316#Comment_81930316

£15 per month. 1.5% cashback is until the end of June although this seems to be an ongoing promotional thing with regular uplifts to the 0.5% standard rate. Cashback is paid promptly, there's a round-up feature and a reasonable free ATM allowance of £400 per month.