Why choose the Prepaid Current Account?
Because it's been carefully designed to put you in control of your finances. You can set up automated loading from your account to your new MasterCard® prepaid card.
This will help you to manage your money by leaving enough in your current account to cover all of your direct debts, standing orders or other outgoings.
The money loaded to your MasterCard® prepaid card can be used to withdraw cash, make purchases online, in-store or over the phone. You won't ever go overdrawn on your current account, so you'll find it dead easy to budget yourself.
If you are on or starting a Debt Management Plan, an IVA or are Bankrupt, don't worry - this will not affect your eligibility for the Prepaid Current Account. Our Debt Advisors are trained to help you complete the forms.
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No Surprises - These are the costs
Fees and Charges |
|
|---|---|
| Account set up (includes first monthly management fee) | £25 |
| Monthly management fee | £12.50 |
| Additional card | £5.00 |
| Replacement card | £5.00 |
| PIN issue/re-issue | Free |
| UK cash machine withdrawal | £0.50 |
| Overseas cash machine withdrawal | £2.25 per transaction |
| Overseas point of sale transaction | 2.75% per transaction |
| Cash withdrawal limits (per day) | £500 |
| Cash withdrawal limits (per transaction) | £250 |
| Returned standing order/direct debit payments | Free |
| Customer service telephone enquiries | Local Rate |
| Account closure | Free |
| Account re-activation | Free |
| Duplicate statements | £2.50 |
| Bankers cheque | £2.50 |
| Card loads | Free |
Fees | Features & Benefits | FAQs | T&C












