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Waltons
IVA Junior
United Kingdom
148 Posts |
 Posted - 19 February 2010 : 11:15:14
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Right, well I thought start as I mean to go on and got me and the other half a Virgin prepaid credit card which in principle, seem like a good idea?
Trouble is, now they've arrived and I've read all the information that comes with them, I don't really understand how the heck they work? I thought I would just put an amount on every month and that's that, but it all looks slightly more complicated than that.
Am I being REALLY blonde?! |
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kallis3
Administrator
29 month\s down 31 month\s to go.
United Kingdom
36858 Posts |
Posted - 19 February 2010 : 11:48:25
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I have a Paypal prepaid card, and all I do, when I want to, is just go the Post Office and load money onto it.
It can then be used online and in shops like a normal debit card and you can't go overdrawn.
You may find that if you withdraw cash you get charged, and I'm not sure if Virgin charge a monthly fee.
You're not being blonde - they can be complicated! |
Buckle your seat belt Dorothy, 'cos Kansas is going bye bye.
29 down, 31 to go.
Jan
xx
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Waltons
IVA Junior
United Kingdom
148 Posts |
Posted - 19 February 2010 : 12:00:45
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You're right there kallis3, I'm not blonde anymore. I had it dyed brunette yesterday (another money saver cos I can't afford to keep having the roots done at £100 a shot )!!
So with the Paypal one, did you have to pay for the card and do you get a monthly charge?
I paid £9.99 each for the cards and if I'm reading the info correctly, there'll be a monthly charge of £4.95. I think there's a restriction as to how much we can spend, although the card itself isn't restricted....... honestly, there I was thinking what a good idea and now I'm wondering why I bloomin bothered!
Rache |
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debtfree-wannabee
IVA Campaigner
4 month\s down 56 month\s to go.
United Kingdom
235 Posts |
Posted - 19 February 2010 : 12:08:40
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I have a paypal card and it is £4.99 ) I think for the card that is taken when you first load the card.
There are fees for withdrawing cash (£2 i think) but none for use as a debit card.
You can top the card up for free from your paypal account
Or pay a small fee when topping up at the post office
I don't believe they have a monthly charge.
You don't even have to have a paypal account to get one of these cards.
Hope that helps |
When I was younger I did what I knew - now I know better I do better!
Kath x |
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kallis3
Administrator
29 month\s down 31 month\s to go.
United Kingdom
36858 Posts |
Posted - 19 February 2010 : 12:56:46
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The Paypal one is £4.99 set up as debt free says, and it lasts for two years and then to renew it will cost the same.
No monthly charges, and, as far as I am aware, no limit on spending.
If you are on contract with O2, they do their own and it is free. |
Buckle your seat belt Dorothy, 'cos Kansas is going bye bye.
29 down, 31 to go.
Jan
xx
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Cath
IVA Artisan
9 month\s down 51 month\s to go.
United Kingdom
1305 Posts |
Posted - 19 February 2010 : 13:30:01
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| Do you get the same purchase protection with these cards as with a 'normal' credit card? |
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debtfree-wannabee
IVA Campaigner
4 month\s down 56 month\s to go.
United Kingdom
235 Posts |
Posted - 19 February 2010 : 13:43:12
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There are limits with the Paypal card (to prevent money laundering)
I think the figures are £10,000 in a year £2000 in a month and £1000 in a week.
These are loading limits not spending limits. |
When I was younger I did what I knew - now I know better I do better!
Kath x |
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Waltons
IVA Junior
United Kingdom
148 Posts |
Posted - 19 February 2010 : 19:53:17
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Thanks for the info. They all seem to have a limit as to how much you can put on them? Or am I reading that wrong? I just want to be able to put say, £800 a month on it and live on that. I don't think our post office here would have the facility for putting money on to it so can you do it online? Using your debit card?
See, I really am very very stoopid. 
Rache |
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plasticdaft
Forum Expert
United Kingdom
4335 Posts |
Posted - 19 February 2010 : 19:57:27
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In the small print on the O2 card it points out that if the card provider goes bust you have no recourse to get your money back!!!
I wont ever have loads of money on it but wouldnt want to lose whats on there!!!
Still it comes without a fee so its a winner for me.
In fact if you arent on 02 get a sim card and cheap phone and join them,its maybe cheaper than using some of the prepaid cards with fees!!!
Paul |
26 payments down in our protected trust deed. With 16 to go we can start to see some light at the end of the tunnel! |
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Waltons
IVA Junior
United Kingdom
148 Posts |
Posted - 19 February 2010 : 20:01:07
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I can't join O2 or any of the UK networks as we only have three here and they're not in any way related. We have Wave Telecom, C&W & Airtel Vodafone (you'd think there'd be some relation there to the Vodafone in the UK wouldn't you, but noooo that's far too easy). <<Sigh>>> I think I'll just wait until I'm back home. Just too complicated here.
Thanks for the replies though.
Rache |
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Skippy
Moderator
United Kingdom
16660 Posts |
Posted - 19 February 2010 : 20:55:43
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| I had the Virgin card and you used to be able to load money onto the card using a debit card so presumably you still can. |
Success is not final, failure is not fatal, it the courage to continue that counts.
View my blog at http://skippy13.blogs.iva.co.uk/
Last IPA payment made 28th June 2010 - it's finally over! |
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Waltons
IVA Junior
United Kingdom
148 Posts |
Posted - 19 February 2010 : 20:59:16
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Think I might call their customer service line and ask them because the info reads that we can only put £1600 a year on it or something? Just doesn't make any sense. Maybe I'll just draw our monthly allowance out and shove it under the mattress. |
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Skippy
Moderator
United Kingdom
16660 Posts |
Posted - 19 February 2010 : 21:06:12
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| I've just had a look at the website and the £1600 limit only applies if they can't verify your identity as they will then only give you a restricted card. |
Success is not final, failure is not fatal, it the courage to continue that counts.
View my blog at http://skippy13.blogs.iva.co.uk/
Last IPA payment made 28th June 2010 - it's finally over! |
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Waltons
IVA Junior
United Kingdom
148 Posts |
Posted - 19 February 2010 : 21:32:31
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So I guess we'd send extra ID for that then. I'll give them a call tomorrow to see what's what. Thanks. |
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Skippy
Moderator
United Kingdom
16660 Posts |
Posted - 19 February 2010 : 21:34:33
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| Let us know how you get on x |
Success is not final, failure is not fatal, it the courage to continue that counts.
View my blog at http://skippy13.blogs.iva.co.uk/
Last IPA payment made 28th June 2010 - it's finally over! |
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steppingstones
IVA Junior
4 month\s down 56 month\s to go.
United Kingdom
140 Posts |
Posted - 20 February 2010 : 08:05:38
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I had the 02 prepaid card. There were no fees attached to it, but I'm not sure if that is because I am an 02 customer. It does have an annual load limit of £10,000. The downside to the card though, is that purchases are not protected by it, nor is loss of any money prepaid on to it if it is lost or stolen.
For some reason though mine started playing up when I tried to load funds onto it, where sometimes I could prepay money onto it and sometimes I couldn't. 02 were little help as I just got passed from pillar to post to try and get it resolved, so I gave it up as a bad job and just use my debit card now. |
Sally |
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Skippy
Moderator
United Kingdom
16660 Posts |
Posted - 20 February 2010 : 10:25:30
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| I think that if you want purchase protection the only prepaid card that offers this is the Cashplus Gold Mastercard. If I remember rightly it costs either £4.95 a month or £1 per transaction and is pretty similar to most credit cards as there is an option to allow you to hire cars as well. |
Success is not final, failure is not fatal, it the courage to continue that counts.
View my blog at http://skippy13.blogs.iva.co.uk/
Last IPA payment made 28th June 2010 - it's finally over! |
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lesley_
Forum Expert
31 month\s down 29 month\s to go.
United Kingdom
9641 Posts |
Posted - 20 February 2010 : 16:35:35
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| My daughter has the CashPlus Gold Mastercard and it works well for her, she pays per transaction as wouldn't use 5 per month. |
http://thereisanend.blogs.iva.co.uk/
Downhill now 32/60.... |
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Prepaid Cards
