The icount current account and prepaid Mastercard®️ is a great, flexible finance tool that can help you to keep on top of your finances in a whole range of situations. If you’re wondering ‘what are prepaid cards good for?’, carry on reading to find out about just some of the situations where an icount prepaid Mastercard®️ can help you.
1. People who struggle to stick to a budget
If you find yourself struggling to stick to a budget, or you tend to dip into costly overdrafts towards the end of the month, then a prepaid card could be a great tool to help you take control of your day-to-day spending.
You can’t spend more than you load onto the card, so, by loading a set amount each week, you’ll stick to your budget and save money. You can also get online or text alerts to help you stay on top of your spending, which will give you extra control over your budget.
Prepaid cards for kids and teens are a great way to manage pocket money and spending, and help to teach children about the basics of budgeting. You can easily load pocket money onto the card each month via your bank or a direct debit, and your children won’t be able to spend any more than you load.
Prepaid cards for teens help them to be a little more independent, without risking any expensive mishaps. To find out more about the best prepaid cards for teenagers, check out our guide here.
3. Holiday lovers
If you’re an avid sun-seeker, prepaid cards for travelling abroad can help you to save money whilst on holiday. The icount card gives you access to a free Cashplus currency card, which offers great exchange rates and security for your money whilst travelling, along with fee-free withdrawals from foreign ATMs. To find out more about how icount can help you whilst travelling, take a look at our travel guide here.
Retiring can be a really exciting time, but may also bring with it financial worries. Budgeting is key to make sure that you afford to live without regular wages coming in each month. As icount is a great budgeting tool, it can help you to manage your money, making retirement a little easier. To find out more about prepaid card advantages and disadvantages during retirement, take a look at our guide to managing your money during retirement.
5. Those with bad credit
If you have bad credit, it can be tough to figure out how to start rebuilding it. Luckily, icount has a number of tools that can help you to work on your financial health.
Not only are you guaranteed to be accepted for an icount current account with prepaid Mastercard®, but with our Creditbuilder tool, your monthly card payments will be reported to credit agencies, helping to boost your credit score.