Cashplus Prepaid MasterCard

Cashplus Card Fees and Charges

Purchase Fee - £9.99
Monthly Fee - free
Transaction Charge - £1.00
ATM UK - £2.00
ATM Intl - £3.00
Top Up - Post Office- Free
Credit / Debit Card - £2.00
Max balance £5,000
Chip & Pin - MasterCard

Cashplus prepaid Application

Cashplus Prepaid MasterCard

A bad credit rating can limit your borrowing options. County court judgments, defaulted payments and bankruptcy orders leave a black mark against your name when trying to secure credit.

Usually, the only means of credit available in these circumstances is through what is know as the sub-prime market, where would-be borrowers are charged high rates of interest to reflect the perceived risk to the lender.

Cashplus and Credit Builder

Cashplus have teamed up with Credit builder and is a new function of your cash plus prepaid gold MasterCard, which could help you to improve your credit rating just by continuing to pay your normal £4.95 monthly active plus fee.

If you have been refused for a credit card or loan, you are new to the UK or you have missed payments on bills, you could suffer from a bad credit rating. creditbuilder is a simple way to help repair or build your credit history, and increase your chances of being accepted for credit products in the future.

You do not need a bank account. You do not need to pass a credit check. There are no additional charges or interest payments - you don't even need a stamp to send us your application form!

As soon as you are a fully verified cash plus customer*, you are eligible to join credit builder .

How can you improve your credit rating?

1. Make sure you are on the electoral register as lenders use it to confirm your name and address. Local authorities have also started compiling a rolling register for people who have moved, so you won't have to wait a year until a new list is compiled.

2. Ensure that you and other family members always pay your bills on time. A lender will see information relating to your other family members when you apply for credit and this may affect their decision. If you are estranged from your family, you can ask the agency to separate the files.

3. If you are turned down, don't then make a series of applications for credit in the hope of finding one lender who will give you money. These applications will also appear on your file and you may look desperate for money, or even worse, it may look as though you are trying to commit fraud.

*Subject to our Terms and Conditions including the applicant providing acceptable identification, resident in the UK, aged 18 years or older if primary cardholder, or 13 years or older if additional cardholder.
MasterCard is a registered trademark of MasterCard International. cashplus is a registered trademark of Advanced Payment Solutions Ltd.
The cashplus prepaid MasterCard is issued by Broadcastle Bank Ltd (BBL) pursuant to license by MasterCard International Incorporated. BBL is authorised and regulated by the Financial Services Authority http://www.fsa.gov.uk/register/ Registered in England no. 0542018.
Your card will be serviced by Advanced Payment Solutions Ltd (APS) which is a registered agent of BBL for this purpose. Registered in England no. 04947027. cashplus is a registered trademark of APS. The Post Office® and Post Office symbol are registered trademarks of Post Office Ltd.
All Rights reserved Copyright Compare prepaid 2007. 

Which Prepaid Pay as you go Credit Card?

Prepaid cards for credit are cards that allow you to purchase products without making any cash payment. These cards are already reloaded by your own money and thus enable you to make purchases within your paying capacity. As you cannot shop if there is not enough money on your prepaid card, you are saved from falling into debt.

Since a prepaid card is not actually a facility for credit, you are not required to pass a check for credit while availing them. But of course, when you apply for one, you are required to prove your authenticity and address like you do for a passport approval. If you successfully prove your address and identity proof, you qualify for a prepaid card.

As prepaid cards for credit come with a lot of financial benefits and are easy to use, a lot of prepaid credit cards are being launched these days. Some of them are specifically targeted at the teenagers with conditions and terms that suit them most. There are other cards for the business people and for the ones that are employed which have higher reload limits. In these cards, the pricing fees and structures are different and large amounts of money can be reloaded.

Comparison on Prepaid Cards?

When you are foraying to get yourself a prepaid card, then it is always better to compare the different prepaid cards available for credit. Comparison between the leading prepaid cards for credit will acquaint you with all the conditions and terms of the card, along with the facilities each one provides. By comparing them wisely you will be able to analyze which prepaid card for credit is most conducive for you and thus you can make your decision accordingly.

Which prepaid will aid you in the process of comparison between the various prepaid cards available. Searching our website will enable you with all the requisite information regarding the rates, offers and product features of all the available credit prepaid cards . This site also monitors the latest options and deals on prepaid cards constantly and keeps up to date so that you are availed of all the prepaid card concomitant information.