Pre Paid Cards

[kallis3]

I think £4.95 to renew the card is quite good. Must admit that I've not used mine for a while now. I think they are excellent if you can't get any sort of debit card.

[wen]

One other prepaid card which I use is the Utility Warehouse card (you have to use one of the UW services to qualify), you get 6months usage free, then it's £1/month per card, and 35p per top-up. You also get 5% cashback on a fair few retailers including Sainsburys which is then credited to your UW bill.

[ashb]

Hello

I have a Cashplus card and I find it very good, I put any surplus money I have in to this from my bank account and do this online.

then every now and again I take a peep and have a lovely suprise.

On that point in my account I have the opetion to transfer any surplus change from any payment to a dropdown savings account and I have managed to save even without thinking of it 300 pounds and all this happens automaticaly

[Skippy]

Is that with Lloyds Ash? I seem to remember them doing something like that a few years ago and I thought it was a good idea.

[ashb]

Yes it is with lloyds Debt Account and is really good as you forget how quickly the small change can amount up

[Skippy]

Perhaps I should try and do that with my Co-op account - every time I use my card I'll round it up and transfer the rest into my savings account.

[kallis3]

Good idea Skip. I transfer any surplus across to Barclays and let it build up a little.

[wen]

The LLoyds scheme is called "Save the Change", where each debit card transaction is rounded up to the nearest £1 and transferred to your savings account.

[kallis3]

Unfortunately Lloyds is one of creditors so it's no good for me.

[Skippy]

And I doubt I'd have any luck changing accounts now so I'll have a go at saving the money manually.