Tuxedo Prepaid Mastercard

The Tuxedo MasterCard is a fairly new addition to the growing number of prepaid cards currently available in the UK. This fully branded Chip and PIN card is a definite contender against the hugely popular Cashplus Gold.

The Tuxedo prepaid MasterCard is accepted at over 24 million locations around the globe, including the majority of online retailers that display the MasterCard logo.

The application process is very simple with customers guaranteed to be accepted regardless of their credit history.

You can access and manage your money online through the Tuxedo website where you can view your balance, recent transactions, and change your personal details.

The Tuxedo prepaid card can be topped up at any UK Post Office, participating Paypoint retailers, and via a debit or credit card at a wide range of bank branches across the UK.

Like the majority of prepaid credit cards, there is a monthly fee of £4.99 for using the Tuxedo card. This however, is a fixed fee charge and will work out more cost effective for regular users rather than other cards that charge a fee for reloading and card usage.

Advantages

• No credit checks
• Free and unlimited purchases
• UK ATM withdrawal only 50p
• Card to card transfer only 20p
• Free Bank load and paying in book

Disadvantages

• Max card balance of £3,000