A Pay As You Go credit card can be useful if you're trying to stick to a budget, as it only allows you to spend what you have. Because you have to top up the card with money before you use it, there's no risk of getting into credit card debt. Pay As You Go credit cards offer a range of benefits, such as:
- No bank account necessary
- Safer than carrying cash
- Useful for travelling
- Ideal for supporting your children while they are at university - top up their card direct from your bank account
- Shop securely online
- Top up the card at selected banks, PayPoints, or online
Some PAYG credit cards incur certain fees - these might include the intitial price of buying the card, as well as monthly charges, transaction fees, and withdrawal fees. To find out if a Pay As You Go credit card is the right option for you, compare some of the leading credit card providers using our free online comparison tables:.