Uses and Benefits

Prepaid cards are ideal for:

  • Everyday shopping
  • Online shopping
  • Paying bills
  • Withdrawing cash from ATMs

Benefits for prepaid cardholders:

Convenience

  • Prepaid cards can be used wherever credit and debit cards are accepted
  • Anybody can get one, as there are no credit checks when applying for one

Money Management

  • Help you to better budget your money
  • It’s impossible to go overdrawn, limiting what you have to spend to what has been loaded to the card
  • Particularly useful for companies looking for a corporate prepaid card to manage expenses

Security

Prepaid cards are safer to carry with you than cash, as they can be blocked if lost or stolen