ESSEX, ENGLAND, July 29, 2010
/24-7PressRelease/ -- Prepaid cards comparison website offers a free card with GBP20 top up. This is currently the best offer on the Internet.
This is an exclusive offer provided by the comparison website and is not available elsewhere. Consumers will have to pay an issuing fee if they apply for the same prepaid card on another website.
What is a prepaid card?
A prepaid card functions in a similar manner as a credit card, except that there are no fees owed to the bank. The account is maintained with a prepayment - hence the name prepaid card. As long as a positive balance (up to GBP5,000) is maintained in the account, the owner can use the card at any retail outlets or website that accepts standard credit cards.
A prepaid card is not linked to any bank account. However, consumers can use the cards at ATM machines to withdraw cash or make purchases in both offline and online stores.
Who can apply for prepaid cards?
This exclusive offer is available for all UK citizens above the age of 18. There are no credit checks conducted, which means that even if an individual has a bad credit score, he or she can still apply and get accepted. Card owners can even build up their credit rating if they want to.
What are the benefits of using prepaid cards?
As this is not a credit card, owners do not owe the bank any money. Hence, there is no risk of late payments and incurring heavy interest rates or late payment penalties. Prepaid cards are great cash management tools to help consumers manage their spending and prevent them from getting into debt.
In addition, card owners also enjoy the convenience of having the use of cards to make payments. For example, a card owner may now use the prepaid card to pay bills online and avoid having to run errands just to pay bills on time. As a result, the card owner saves time, gas, and money.
For those without bank accounts, prepaid cards can be a great solution because wages can be directly deposited into the account. If wages are issued in checks, the individual will have to pay costly check cashing fees or join long queues in the banks just to have the checks cashed. With a prepaid card, such costs and hassle can be avoided completely. Once the wages have been deposited into the account, the money can be withdrawn from ATM machines.
Of course, prepaid cards can also be used in nationwide retail stores as well as eCommerce websites to make purchases such as groceries or daily supplies. Card owners may even get to enjoy cash back rewards.
How to apply for a prepaid card
Fill up the secure online application form with accurate details and an account will be set up for you instantly. Remember that there are no credit checks, and no bank account is required. To qualify for the free card activation, simply load your account with GBP20.
For more information, please visit:
http://www.compareprepaid.co.uk
http://www.compareprepaid.co.uk/reviews/cashplus-prepaid-card-review.html---
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