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Old 07-09-2016
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Default UK Bank Account VS Prepaid Card/Bank

Hi all,

Looking at creating many bank accounts, I understand that if I create quite a few bank accounts at the same time it can affect my credit rating negatively and some may get rejected.

I was looking into prepaid cards like CashPlus where I can open and use them, what are the pros & cons with using this against a normal bank account?

I understand these give normal account number & sortcodes etc
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Old 07-09-2016
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Default Re: UK Bank Account VS Prepaid Card/Bank

A lot of them have issues with mismatching names
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Old 07-09-2016
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Default Re: UK Bank Account VS Prepaid Card/Bank

You also have to pay, usually a monthly fee for those types of accounts.

UK high Street banks are quick and easy to setup. And mostly free.
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