What is a Prepaid Basic Bank Account?
With a Prepaid Basic Bank Account you are able to manage your budget and won’t go overdrawn again – so no more unexpected overdraft charges or bank fees for bounced direct debits. Even if you have a history of bad credit, or had money problems in the past, we guarantee acceptance, subject to identification and verification (which we can check electronically for you in most cases). A Prepaid Account puts you back in control of your finances. It works like any other bank account – your salary or regular income is paid in and your direct debits, standing orders and regular bill payments come out. It’s as simple and straightforward as that. Click on the links below to find answers to some of the questions you may have about our Prepaid Bank Account…. So – What’s the Difference?The Prepaid Basic Bank Account comes with a prepaid card. Simply retain sufficient funds in your account to cover your regular commitments and outgoings. The rest can be transferred onto your Prepaid MasterCard® fo