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.
Banking & Credit News
- Debt help: Banks 'failing to treat customers fairly'
- Creditors encouraged to use appropriate debt solutions
- Debt help could get people out of the red
- Debt help may be needed as earners only just clear interest
- Debt help: Insolvencies 'set to rise in 2010'
- Many consumers 'failing to tackle credit card debt'
It's as easy as 1,2,3... and, er... 4
- 1 Carefully read through all the information on each of the Tabs and then click Apply. www.bankswitching.co.uk.
- 2 Complete the online Application Form.
- 3 Return a signed copy of the Application Form to EuroDebt using the Freepost details provided.
- 4 If applicable, complete, print and sign a Wage Transfer Request and hand it to your employer.
Once you've completed the first three steps Secure Trust Bank will confirm your application and send you your new Prepaid Current Account details, followed 3-5 days later by your card PIN and MasterCard® prepaid card. All you need to do then is step 4 which is to arrange for your salary, wages or disposable income to be paid into the account using either the Wage Transfer Request form or paying in money through a wide range of methods on the high street, over the phone or on the Internet.
Once your first material payment is received into the Current Account, we'll automatically load the amount you specify on to your MasterCard® prepaid card, and then you're free to start using it.
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