Best Prepaid Credit Cards
What is a Prepaid Credit Card?
Prepaid cards are becoming more and more popular in the UK. Designed to be used as a safer alternative to traditional credit cards they provide a greater control to managing your money.
Prepaid credit cards are ideal for people with no credit history or bad credit history credit card. The card still offers a safe and secure method of payment when buying online, the advantage being that you have no interest to pay.
Prepaid card are particularly useful for those:
- Under the age of 18
- Who have had past credit difficulties
- Who have had difficulty getting accepted for a standard credit card or bank account
Eligibility
For a prepaid credit card you do not have to be 18 to be eligible for a pre paid credit card. Therefore no credit check is required. This means customers are guaranteed to be approved for a prepaid card, regardless of their personal credit status.
You do however need to provide proof of identity as with any financial product in the UK.
Some of the UK prepaid card issuers are able to give an instant approval as they can verify a customer’s details online – known as an electronic identity check.
Apply online today for a pre paid credit card by using the tools on the right.