I don't want to go through the performance of changing my bank account again if I can help it, so for me a prepaid card works very well.
I don't pay a monthly fee, and it doesn't cost me to use it.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
I guess I am lucky that having had advice from the good folks on this site that I moved my bank to the Co-op. Otherwise I also may of needed to obtain a pre paid card above and beyond a basic ATM card from some other bank.
Although I appreciate that, like you say, there are some pretty good ones available, which may not incur any additional feees. However I have kind of grown to like having only one bit of plastic on me now [:D]
Had I have found this site before I had changed everything over, I probably would have gone with the Co-op, but it was too late by then as the Nationwide was up and running.
I still have my Barclays full account open, and although I know they can't take money from my account, I have been advised on here not to use it until my IVA is completed.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
With the Paypal one, you pay £1 to top up at a Post Office, regardless of how much you load on to it. If you top up via a Paypal account or a bank account, it is free.
I wouldn't draw cash out using a prepaid card, I use it purely for internet purchases as it's the only way I can buy anything online.
I wouldn't be paying a monthly fee for one though.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
