Prepaid credit cards

Compare prepaid cards with Confused.com

Why consider a prepaid credit card?

  • Planning a trip? Prepaid cards are a cost effective way to take money abroad, as you can load the card up before you leave, locking in the exchange rate. A prepaid card is safer than carrying cash, and you can avoid foreign exchange rate fees if you buy your card in Euros or Dollars.
  • Worried about carrying cash abroad? A prepaid card is more secure than carrying cash, and as many providers offer emergency card or cash replacements your holiday needn't be ruined if you lose a card.
  • Want to make sure you stick to a holiday budget? A prepaid travel card is a great way of setting yourself a holiday budget - you decide how much money to load onto a card so you know exactly how much you've got to spend. 
  • They are a great way to shop online if you are worried about identity theft- most prepaid cards aren’t tied to your bank account and so limit your exposure to fraud.
  • You are guaranteed acceptance if the provider can verify your identity using your personal details.
  • Many cards come with a companion card, meaning you can share money with friends or family anywhere in the world.
  • Some cards can be used to rebuild your credit rating by loaning you the annual fee which you pay back in instalments each month. At the end of the year your repayments are reported to Experian, helping to improve your credit rating.
  • A prepaid card is a great way of setting a budget; you’re in control of your own money, you can use it to shop online and you won’t need to carry around cash. Even better, when you apply the provider won't check your credit record, so even if you don't have a credit history because you're new to the UK, or you've never borrowed money, you're guaranteed to be accepted.

Prepaid travel cards

  • A prepaid travel card is a great way of setting yourself a holiday budget – you can load up the card before you leave, locking in your exchange rate so you know exactly how much you’ve got to spend. A prepaid card is more secure than carrying cash, and as many providers offer emergency card or cash replacements your holiday needn’t be ruined if you lose your card.


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Prepaid travel cards
Transaction fee
ATM fees
Monthly fee
Application fee
AA Multi Currency
 
The AA Multi-Currency Card Free £1.50 - Free when you withdraw more than £50 Free £9.95 - Free when you load over £100 Apply
Free to use on overseas transactions, no credit checks plus overseas ATM fee refunded on withdrawals of £50/€50 or more
Caxton
 
Caxton FX Prepaid Card Free Free Free Free Apply
Lock in a competitive exchange rate every time you load your card, either online, by phone or SMS.
ICE prepaid
 
ICE Prepaid Card Free Free Free Free Apply
No fees on foreign transactions or ATM withdrawals, plus get 1.5% cashback on qualifying purchases made with the Euro, US Dollar and Sterling Travellers Cashcard. ICE will buy up to £100 unused euros or dollars on your card back from you commission-free, at the same exchange rate you locked in at as long as you loaded your card within the last 7 days.
Euro prepaid cards
Transaction fee
ATM fees
Monthly fee
Application fee
AA Euro Currency card
The AA Euro Currency Card Transaction feeFree ATM fees€1.50 - Free when you withdraw over €50 Monthly feeFree Application fee£9.95. Refunded when you load more than €100 Apply
Free to use on overseas transactions, no credit checks plus overseas ATM fee refunded on withdrawals of £50/€50 or more
Caxton Euro card
Caxton FX Currency Card - Euros Transaction feeFree ATM feesFree Monthly feeFree Application feeFree Apply
The Euro rate you see is the rate you get. No commission or fees when loading your card via phone, online, SMS or App. Free to withdraw cash from ATM’s or to use in shops, hotels, restaurants and other outlets worldwide.
Dollar prepaid cards
Transaction fee
ATM fees
Monthly fee
Application fee
Caxton
 
Caxton FX Currency Card - Dollars Free Free Free Free Apply
The Dollar rate you see is the rate you get. No commission or fees when loading your card via phone, online, SMS or App. Free to withdraw cash from ATM’s or to use in shops, hotels, restaurants and other outlets worldwide.

Pay monthly prepaid cards

  • If you use your prepaid card regularly, you could save by getting a pay monthly card. You pay either a monthly fee for the card or pay a minimum amount into the account each month and in return you could get lower transaction or ATM fees.
Pay monthly prepaid cards
Transaction fee
ATM fees
Monthly fee
Application fee
Card One

CardOne Prepaid Card 2.75% £ 1.50 £ 12.50 Free Apply
Monthly fee includes use of a prepaid card and a current account.

Credit building prepaid cards

  • Standard prepaid cards don’t improve your credit rating as no money is borrowed or repaid – you only spend what you load onto your card. The cards below can help improve or repair your credit rating by agreeing to loan you the annual fee which you pay back in monthly instalments.
Credit building prepaid cards
Transaction fee
ATM fees
Monthly fee
Application fee
 
iCount Pay Monthly Free £0.50 £9.95 £4.95 Apply
No credit check or bank account required. Get your own account number and sort code. Set up direct debits, standing orders and add up to four additional cardholders, plus you could improve your credit rating
Cash Plus
 
Cash Plus Free £0.50 £12.50 £12.50 Apply
Help improve your credit rating when you pay your monthly fee, plus earn cashback from purchases made online with selected retailers. Instant approval guaranteed when you verify your name & address, plus free purchase protection for when you're shopping online

Prepaid cards for everyday use

  • A prepaid card is a great way of setting a budget; you’re in control of your own money, you can use it to shop online and you won’t need to carry around cash. Even better, when you apply the provider won't check your credit record, so even if you don't have a credit history because you're new to the UK, or you've never borrowed money, you're guaranteed to be accepted.


Prepaid cards for everyday use
Transaction fee
ATM fees
Monthly fee
Application fee
Pockit
 
Pockit Free £0.99 Free Free Apply
If accepted, receive your Pockit MasterCard in 48 hours. Earn cashback when you spend at selected retailers.