Prepaid Visa Card
This means that you can authorise us to load some, or all, of your savings or loan monies on to your debit card, for you to spend in the shops, buy items online or withdraw cash from the cash machine.
This card also comes with a great added bonus: a cash back reward scheme for spending in shops such as Asda, Argos, New Look and ToysRus. Details of these can be found below.
These cashback rewards easily offset the cost of having your money loaded on to your card.
The card gives you access to your funds 24 hours a day, 365 days a year and can be used anywhere in the world, where the visa sign is displayed.
There are also some great online rewards with various retailers, such as Apple.
The card costs only £5 initially, although we do have promotional days when the cards can be ordered for free.
There is a charge for loading cash on to your card, from your savings account. You can choose from 2 different options for this:
- The first one is for infrequent users which will incur a charge of £1 per load.
- The second option is for frequent users, who can opt to pay a monthly admin fee of £2.
Cash withdrawals from cash machines will incur a fee of 75p within the UK. However, cash back from supermarkets is free.