Pay as you go

Compare pay as you go prepaid cards

Pay-as-you-go prepaid cards are a great choice for parents keen to keep a lid on their children’s spending. Aimed mainly at teenagers and students, they have no monthly fee. You can find the best deals here on MoneySuperMarket.

Compare occasional cards - Ordered alphabetically A-Z

Cashplus Cashplus

Cashplus prepaid MasterCard (Freedom)

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Transaction fee

Free

Card fee

Free

UK ATM fee

Free

International ATM fee

Free

Foreign Transaction fee

Free

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Great for
  • FREE UK ATM Withdrawals, FREE Purchases, NO Monthly Fee
  • Instant online approval. No credit check to apply
  • Overdraft up to £250 and £1,000 Direct Debit cover available - subject to approval
But be aware that
  • You must be a UK resident aged 18 or over
Exclusive

MoneySuperMarket customers receive £10 upon first load of £50. This offer is only available through MoneySuperMarket.com. T&Cs apply

Cashplus Cashplus

Cashplus prepaid MasterCard (Flexiplus)

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Transaction fee

Free

Card fee

Free

UK ATM fee

Free

International ATM fee

Free

Foreign Transaction fee

Free

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Great for
  • Pay as you go card with no monthly fee
  • Free purchase protection
  • Ideal for occasional use
But be aware that
  • Card fee of £5.95 applies, and £5.95 for any replacements
  • Purchase transaction fee of £0.99 applies to any payments or direct debits
Pockit Pockit

Pockit Prepaid Current Account

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Transaction fee

Free

Card fee

Free

UK ATM fee

Free

International ATM fee

Free

Foreign Transaction fee

Free

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Great for
  • Your salary, bank transfer or benefits can be paid in directly to your Pockit account by sharing your account number and sort code with your company or benefit provider. You can also pay in cash at over 28,000 PayPoint stores across the UK
  • Keep track of your spending and manage your money with real-time notifications on your phone. Check your live balance within the mobile app to stay on top of your money
But be aware that
  • Pockit is a prepaid card, not a bank. Prepaid cards are not covered by the Financial Services Compensation Scheme (FSCS)
  • You'll need to be a UK resident and aged 18 or over to open an account
  • You will need to pay a fee of £0.99 to pay in cash, withdraw cash, to make national and international transfers and there will be a £1.99 monthly membership fee
Suits Me Suits Me

Suits Me Premium

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Transaction fee

Free

Card fee

Free

UK ATM fee

Free

International ATM fee

Free

Foreign Transaction fee

Free

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Great for
  • You could be approved in under 10 minutes with no proof of address and no credit checks required
  • Get exclusive access to Suits Me's cashback rewards programme where you'll earn up to 17% cashback instore and online at many top UK retailers
  • Manage your money and finances on the go, with the free, safe and secure Suits Me mobile banking app and online banking account
But be aware that
  • You need to be a UK resident and aged 18 or over to open an account
Suits Me Suits Me

Suits Me Premium Plus

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Transaction fee

Free

Card fee

Free

UK ATM fee

Free

International ATM fee

Free

Foreign Transaction fee

Free

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Great for
  • You could be approved in under 10 minutes with no proof of address and no credit checks required
  • Get exclusive access to Suits Me's cashback rewards programme, where you'll earn up to 17% cashback instore and online at many top UK retailers
  • Manage your money and finances on the go, with the free, safe and secure Suits Me mobile banking app and online banking account
But be aware that
  • You'll need to be a UK resident and aged 18 or over to open an account

 

Prepaid cards are not eligible for protection under the Financial Services Compensation Scheme

 

Pay-as-you-go cards

A prepaid card is a payment card that is pre-loaded with money. Once you've loaded money onto your pay-as-you-go card, you can therefore use it to shop online or take cash out of a cash machine, just as you would with a credit or debit card.

However, pay-as-you-go prepaid cards, in the same way as pay-as-you-go mobile phones, do not allow you to spend more than you can afford. So while they are often targeted at teenagers and students, their in-built discipline means they are also useful for anyone trying to stick to a budget.

Safer than cash, they are also a secure way to shop online, and they can be bought as gifts in the same way that you might give someone cash or a cheque.

Safe spending

It is all too easy to overspend and get yourself into debt if you use a credit card, or even a debit card if it is linked to an account with an overdraft facility.

Young people particularly often find it tempting to spend more than they have. That’s why many parents prefer to give their children a pay-as-you-go prepaid card that only allows them to spend the amount that has been put on to the card, but still means they can shop online.

Another advantage is that carrying a prepaid card is a lot safer than having a pocket full of cash. After all, lost or stolen prepaid cards can simply be cancelled and replaced, but cash that disappears has usually gone for good.

Available to all

You need a clean credit history and a good credit score to qualify for many of the best credit cards on the market today. But it is much easier to be accepted by a prepaid card provider. 

Even youngsters with no credit history, as well as anyone recently arrived in the UK, can qualify for a pay-as-you-go prepaid card. You will be accepted as a customer as long as the company offering the card can verify your identity using your personal details.

Secure online shopping

Nowadays, many of the best bargains and deals are found online – not on the high street. However, some people are worried about sharing their credit and debit card details on the internet.

Pay-as-you-go prepaid cards, which are not linked to a bank or credit card account and so limit your exposure to fraud, are therefore a great way to shop online.

No monthly fee

Unlike some credit cards, pay-as-you-go prepaid cards have no monthly fee. You must, however, look out for other fees such as transaction charges when choosing your pay-as-you-go prepaid card.

Cards of this kind are also generally limited to a maximum of, say, five transactions a month. If you are looking for a card for everyday use, you would therefore probably be better off with a pay monthly prepaid card.

Find the best deal

You can compare a range of pay-as-you-go prepaid cards with MoneySuperMarket, so take a look at what's on offer to ensure you choose the right deal for your circumstances and preferences.