A prepaid card can be loaded with a set amount of your own cash. This is not a form of borrowing. Each card is different and may charge fees for setting up the card or a small monthly fee for using it so be sure to check this first before taking out any card. You can compare cards by looking at our Prepaid cards comparison table.
Prepaid cards are an easy way to manage your money and stay in control of spending. You’ll only have access to the amount that’s been loaded onto the card and you won’t be able to spend any more than that which means you won’t be able to overspend.