If you are looking for free money cards, use our free money cards comparison before you buy to see who is offering the best deal

Free Prepaid money cards are like credit cards but with out the credit facility and can only be used when you preload the account with cash. With free money cards you can use to make daily transactions, over the telephone and Internet purchases, With free prepaid cards the funds are transferred immediately from the your online account unlike credit cards which you have to pay back the money at a later date and pay interest if just the minimum balance is paid.

One of the free prepaid money cards best functions is that it allows you instant access to your funds at any ATM machine. Your free money card acts like an ATM card allowing you to withdraw cash from a minimum of £10 up to the card limit which ranges from £200 and in some cases £500 per day.

In addition your acting ATM card can also be used at many retailers to withdraw cash over the counter known as Cashback. Getting Cashback from your money card can be limited to £50 but is an instant way of accessing cash from your ATM card when making purchases at the retailer.

What is on a typical money card?

Nearly all free cards have the same look and feel. Each free money card issue has the following features.

The issuing bank logo
EMV chip (Stands for the initial letters of Europay, MasterCard and Visa)
A Hologram
The card number
The card branded logo
An expiration date
The cardholder’s name

On the reverse side of a money card the following will be displayed
A magnetic stripe
The signature strip
Your Card Security Code