Prepaid card charity fees

Parkhall

Hi

Our small charity has been using Equals Money prepaid credit cards for years because they waived the monthly fee for all charities. Today they have informed us that they will no longer waive the fee for any charities and we will be charged a whopping £25 per month.

Are there alternatives to Equals who charge less or nothing at all ?

Savvy_Sue

Many options charging less, although the ones I know best are 'normal ' credit cards through the charity's bankers.

Does it have to be prepaid?

For example, we had cards through Unity Trust, our bank, but they were supplied by another (high street) bank. We could limit credit available on each card, and to a lesser extent block certain kinds of purchases.

Fee was less than £5 pm, IIRC.

Parkhall

Thanks for this. Unfortunately we have to use prepaid cards.

Savvy_Sue

Google has indicated several possibilities through "prepaid credit card for charity uk", although the information may not be up to date (says Equals is free).