Prepaid or reloadable debit cards have many great attributes. You do not need to have a bank account, credit check or a huge amountof money to get one. Instead of carrying money around, you can load it all onto the card for piece of mind. If the card is ever lost or stolen you can cancel the card by telephone immediately.

You are not billed for using your card monthly and are only charged a small fee for using an ATM. You are not charged for purchasing anything online or from a shop with your card.

Reloadable Debit Card Advantages

• Your cash cash can be loaded onto the card.
• No more card bills.
• Available to anyone over 18.
• You are not subject to a credit check on application.
• Your wages can be paid onto the card.
• Most cards have online facilities.
• No bank account attached.

The main prepaid debit card companies include: Virgin Money, Cashplus, Freedom, Tuxedo, Sainsburys, Orange and Ryanair.

Free Prepaid Cards

• Orange Cash is free when you top up £20.
• Mecard is free for all parents.
• Neteller card is free for anyone over 18.
• One Banking card is free when you load funds onto it.

These free cards are either VISA or Mastercard.