Prepaid business cards - Ordered alphabetically A-Z
Need to offer your staff a way to make essential business purchases, but don’t want to give them a credit card? A business prepaid card allows them to spend, while leaving you firmly in control. Compare the best deals with MoneySuperMarket.
Soldo
Soldo Plus
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Annual fee
£561.60
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Transaction fee
Free
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UK ATM fee
£2.00
-
International ATM fee
£2.00
-
Foreign transaction fee
1.00%
Great for
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Real-time spend tracking and control
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Top up cards instantly or set up automatic top-ups and track all spending in real time
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Set aside funds (in EUR, GBP, USD) with digital ‘wallets’ that divide and organise money for specific individuals, teams, departments or projects
But be aware that
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Only for businesses that are incorporated entities - sole traders aren’t applicable
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You need a minimum of three cards to get started
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Cards have a foreign transaction fee of 1%
More details
THE BASICS
Card issuer: MasterCard
Card type: MasterCard
The card is valid for 36 months
BENEFITS
Online account management
24 hour service
Accepted online
Sort code & account number included
Benefits notes:
Soldo accounts come with an IBAN (sort code and account number) which enables free and instantaneous deposits to your Soldo account from a domestic bank account.
CARD FEES
Card application fee - £5.00
Monthly service fee - £11.00
Annual service fee - £561.60
Card replacement fee - £5.00
Card cancellation fee - Free
Dormancy fee – n/a
Card fee notes:
£11 per user per month with a minimum of 3 users. £5 card issuance fee for each physical Soldo card you order (virtual cards cost £1 to issue, if you only need to make online purchases) up to 30 cards
TRANSACTION FEES
Foreign transaction Fee - 1.00%
Purchase fee - Free
Internet Purchase fee - Free
Transaction fee notes:
Withdrawal via Bank Transfer International Payments - EUR/GBP/USD 20.00
ATM WITHDRAWAL FEES
ATM withdrawal fee (UK) - 1% of amount with minimum GBP 2.00
ATM withdrawal fee (International) - 1% of amount with minimum EUR/USD 2.00
ATM withdrawal fee notes:
Card denominated in GBP but withdrawal in other currency - 1% of exchanged currency amount (to GBP) with a minimum of GBP 2.00
Card denominated in EUR with withdrawal in other currency - 1% of exchanged currency amount (to EUR) with a minimum of EU 2.00
Card denominated in USD but withdrawal in other currency - 1% of exchanged currency amount (to USD) with a minimum of USD 2.00
ELIGIBILITY
You must be a registered business in the UK
You are advised to check the lenders Terms & Conditions for information relating to interest rates, fees and charges.
Soldo
Soldo Standard
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Annual fee
£338.80
-
Transaction fee
Free
-
UK ATM fee
£2.00
-
International ATM fee
£2.00
-
Foreign transaction fee
1.00%
Great for
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Real-time spend tracking and control
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Apply online in just five minutes – no credit check needed
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Use the mobile app to capture and upload receipts with notes and tags at point of purchase
But be aware that
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There's a £2 fee for ATM withdrawals in non-GBP currencies
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Cards have a foreign transaction fee of 1%
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A £5 fee applies for replacement cards
More details
THE BASICS
Card issuer: MasterCard
Card type: MasterCard
The card is valid for 36 months
BENEFITS
Online account management
24 hour service
Accepted online
Sort code & account number included
Benefits notes:
Soldo accounts come with an IBAN (sort code and account number) which enables free and instantaneous deposits to your Soldo account from a domestic bank account.
CARD FEES
Card application fee - £5.00
Monthly service fee - £7.00
Annual service fee - £388.80
Card replacement fee - £5.00
Card cancellation fee - Free
Dormancy fee – n/a
Card fee notes:
£7 per user per month with a minimum of 3 users. £5 card issuance fee for each physical Soldo card you order (virtual cards cost £1 to issue, if you only need to make online purchases) up to 20 cards
TRANSACTION FEES
Foreign transaction Fee - 1.00%
Purchase fee - Free
Internet Purchase fee - Free
Transaction fee notes:
Withdrawal via Bank Transfer International Payments - EUR/GBP/USD 20.00
ATM WITHDRAWAL FEES
ATM withdrawal fee (UK) - 1% of amount with minimum GBP 2.00
ATM withdrawal fee (International) - 1% of amount with minimum EUR/USD 2.00
ATM withdrawal fee notes:
Card denominated in GBP but withdrawal in other currency - 1% of exchanged currency amount (to GBP) with a minimum of GBP 2.00
Card denominated in EUR with withdrawal in other currency - 1% of exchanged currency amount (to EUR) with a minimum of EU 2.00
Card denominated in USD but withdrawal in other currency - 1% of exchanged currency amount (to USD) with a minimum of USD 2.00
ELIGIBILITY
You must be a registered business in the UK
You are advised to check the lenders Terms & Conditions for information relating to interest rates, fees and charges.
Tide
Tide Expense Card
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Annual fee
£72
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Transaction fee
Free
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UK ATM fee
£1.00
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International ATM fee
£1.00
-
Foreign transaction fee
Free
Great for
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Set and change spending limits for each card in the Tide app
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All company spending is visible in real time and automatically categorised
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Save time on admin and eliminate paper receipts: your team scans and uploads their own receipts in the app
But be aware that
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Not available to partnerships
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You'll need a Tide business account to apply for a Tide Expense card
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To verify online transactions above £30, team members need to use the Tide App
More details
THE BASICS
Card issuer: ClearBank
Card type: MasterCard
The card is valid for 36 months
BENEFITS
Online account management
24 hour service
Accepted online
Sort code & account number included
Benefits notes:
No transaction fee
Set individual spend limits per card to help you manage costs
Upload multiple receipts at once
See all transactions itemised by both person and spend category
CARD FEES
Card application fee - Free
Monthly service fee - £5.00 + VAT
Annual service fee - £72
Card replacement fee - Free
Card cancellation fee - Free
Dormancy fee - N/A
Card fee notes:
Monthly service fee - £5 + VAT per card per month
Transfer fee - 20p per transaction
Reload notes:
Post Office reload - £2.50
Paypoint reload - 3% of deposit
TRANSACTION FEES
Foreign transaction Fee - Free
Purchase fee - Free
Internet Purchase fee - Free
Transaction fee notes:
Foreign transaction fee: Mastercard exchange rate applies
ATM WITHDRAWAL FEES
ATM withdrawal fee (UK) - £1.00
ATM withdrawal fee (International) - £1.00
ELIGIBILITY
You must be aged 18 or above
You must have a valid UK phone number
You must own an Apple or Android device
You are advised to check the lenders Terms & Conditions for information relating to interest rates, fees and charges.
Prepaid cards are not eligible for protection under the Financial Services Compensation Scheme
