The Christmas sales are now well under way so out come the credit and debit card, but new statistics show the prepaid credit cards can offer better protection and service than traditional plastic brands.
Online visits to prepaidcreditcardsuk.org.uk have increased significantly over the last 6 months as traditional shoppers, turn away from credit and stick to debit shopping in order to keep debt to a minimum.
Prepaid credit cards come in all shapes and forms, and some cards like the now notorious Kardashian prepaid card have given this form of spending a bad name.
However the reality is that many prepaid cards actually offer significant advantages over credit purchases and some even offer money saving deals and even free phone credit.
For example the Escape card which retails at phones4u offers cashback on purchases made at GAP, USC, Littlewoods, Argos and Avon and many other stores online.
More importantly than getting cashback on purchases a prepaid card allows you to budget far more easily and not spend more than you can actually afford. For example if you have a monthly income and you want to make sure that you don’t overspend you can load a prepaid card with spending money and this will stop you never overspending.
And finally as online fraud is becoming more sophisticated a prepaid card can offer an additional layer of protection when making purchases online by minimising the risk as you only have a set amount of money in your account at any one time.
prepaidcreditcardsuk.org.uk is a UK based comparison guide offering the latest information about prepaid credit cards for the United Kingdom.