Top 3: Prepaid Credit Cards for Students
If you’re a student without a steady income or credit history, it can be hard to get a credit card. Unfortunately, without a credit card, things such as travel bookings, car rentals, or even streaming platform subscriptions become very difficult. Luckily, there is an alternative to classic credit cards, which is an ideal fit for (international) students, too. Meet the prepaid credit card.
What is a prepaid credit card?
Prepaid credit cards are similar to regular credit cards in that they’re widely accepted. Yet, they’re also very different, because they don’t require a credit check, they don’t let you accumulate debt, and you can get them easily online without going to the bank.
There are many reasons you might want to use a prepaid credit card. It will help you keep your flexibility until you have your first stable job. With a prepaid credit card, you can also stay in control of your spending and avoid accumulating unnecessary debt next to a student loan you might already have. Last but not least, prepaid credit cards are a great way to stay safe online because you don’t need to share banking or personal details when paying with them.
With so many prepaid credit cards available on the market, it can be hard to pick the right one. Here are our top 3 picks for a student prepaid credit card.
- Prepaid credit card for students: BITSA
BITSA is a prepaid VISA credit card. It’s widely accepted online and offline, which makes it perfect for travelling or shopping. Getting a BITSA card is easy, you don’t even need a bank account. Simply install the BITSA app and request your card. Once you receive your BITSA card, you can load it with as much or as little money as you wish, whenever you wish. Topping up is easy by using BITSA vouchers, wire transfers, cash, and several other options. - Prepaid credit card for students: Transcash
Transcash is a reloadable prepaid credit card with even wider acceptance than BITSA – any shop that supports Visa or Mastercard payments also accepts Transcash. Transcash is especially suited for international students, because you can get a Dual Pack of Money Sharing Cards. The Dual Pack allows instant free money transfers between two Transcash cards. So, if you need financial support from your parents during your studies, a Transcash transfer is easier, quicker and cheaper than a regular money transfer. Topping up Transcash is easy to do online, using a Transcash ticket. - Prepaid credit card for students: Paysafecard
Paysafecard is a single-use prepaid credit card that can work well for smaller payments and for your entertainment needs. For example, if you’re into online gaming, you can easily buy paysafecard online to pay for your in-game purchases or other player expenses. If you’re making a payment for less than GBP 50, this is the easiest online payment method – you don’t need to make an account or order a physical reloadable card. You simply purchase a digital code and use that code to pay in the gaming platform of your choice.
How to top up a prepaid credit card?
The easiest way to top up a prepaid credit card is online. Although you can buy top up for some cards in retail locations such as tobacco shops or grocery shops, they usually only offer a limited assortment. If you want to make sure you have a wide choice, top up online on platforms like mobiletopup.co.uk. You can do it anytime and you don’t even need to leave your dorm room.
