The Cashplus Prepaid Mastercard is a practical financial solution for anyone looking to combine the ease of a debit card with the control of a prepaid option. It gives you the freedom to spend in-store or online wherever Mastercard is accepted, whether in the UK or abroad.
More than just a spending tool, the Cashplus Prepaid Mastercard also comes with additional benefits. These include free purchase protection and the chance to join a savings plan that pays interest—ideal for those who like to manage their finances carefully and make their money go further.
Key information about the credit card
The Cashplus Prepaid Mastercard is issued by Zempler Bank, formerly known as Cashplus Bank, a British financial institution that has been operating in the market since 2005.
The card is accepted worldwide at any merchant that accepts Mastercard, allowing users to make purchases and withdraw money with ease and confidence.
As a prepaid card, the Cashplus Prepaid Mastercard must be topped up before use, helping users stay in control of their spending and avoid debt. Users can manage their account and track transactions in real time via the mobile app or the online platform provided by Zempler Bank.
Additionally, the Cashplus Prepaid Mastercard offers competitive exchange rates for international transactions, making it a great option for travelling abroad or shopping on overseas websites.
How does the annual fee work?
One of the most appealing things about the Cashplus Prepaid Mastercard is that there’s no annual fee. This makes it an affordable option for those who want the features of a payment card without any ongoing costs.
While there’s no yearly charge, a few services—such as ATM withdrawals or ordering a replacement card—may carry a small fee.
These only apply if you use those particular features, so everyday usage remains straightforward and cost-effective. Even with these occasional charges, the card remains a solid option for people who want to avoid regular monthly payments.
How is the card limit determined?
Unlike traditional credit cards where the spending limit is set by the issuing bank based on your credit score, the Cashplus Prepaid Mastercard gives you full control over your limit. Because it’s a prepaid card, you need to load money onto it before making any purchases.
The available balance on the card always reflects the amount you’ve added yourself, which helps you budget more effectively and avoid overspending.
This approach also encourages more mindful financial planning, as there’s no risk of exceeding a limit imposed by a lender. The Cashplus Prepaid Mastercard gives users total freedom to decide how much they want to spend, making it an ideal solution for those looking to avoid debt.
Pros and cons of the credit card
Among the main benefits of the Cashplus Prepaid Mastercard are its broad acceptance and the fact that no credit check is required. This accessibility makes it a viable alternative for people who may not qualify for traditional credit products.
The card’s account management tools, including a handy mobile app, also add to its convenience and practicality for daily use. However, there are some downsides to consider, such as fees for cash withdrawals in foreign currencies or for certain additional services.
Another point to keep in mind is that the card is only available to UK residents, which limits access for users in other regions. Still, the overall value it offers can make the Cashplus Prepaid Mastercard well worth considering.
| Pros | Cons |
|---|---|
| Accepted globally at all Mastercard locations | Fees apply for ATM withdrawals in other currencies |
| No credit check required | Must be topped up in advance before use |
| Real-time account and transaction tracking via app or online | Foreign exchange fees apply for non-GBP transactions |
| Eligible for cashback and reward programmes | Additional service fees for things like card replacement |
| Free purchase protection included | Only available to residents of the UK |
Who can apply for this card?
The Cashplus Prepaid Mastercard is available to anyone aged 18 or over who resides in the United Kingdom. Since it doesn’t require a credit check, it’s a great option for people with poor or no credit history, including freelancers, students, or anyone looking to rebuild their financial profile.
There’s also no income verification required, which simplifies the application process even further. Applicants only need to provide valid personal details and a UK residential address.
These details are used for card delivery and for ensuring a secure account setup process. The simplicity and speed of the application reinforce the Cashplus Prepaid Mastercard’s appeal as an inclusive and user-friendly financial tool.
How to apply for the card
Applying for the Cashplus Prepaid Mastercard is easy and can be done entirely online in just a few steps. No income proof or credit history is necessary, which means approval is almost guaranteed as long as basic requirements are met.
The process is entirely digital, offering a fast and convenient experience for the applicant. Once you’ve completed the application form, your physical card will be posted to the address provided, usually within a few working days.
Remember, the Cashplus Prepaid Mastercard is only available to UK residents, which is a key eligibility requirement. After receiving your card, all you need to do is top it up with your desired amount and start using it in shops or online.
Via the website
To apply for the Cashplus Prepaid Mastercard through the official website, visit the Zempler Bank page. Fill out the application form with your personal details and submit it using a valid UK address. Once approved, your card will be posted straight to your home.
Via the app
At the moment, you can’t apply for the Cashplus Prepaid Mastercard through the mobile app. However, once you have your card, the app becomes a helpful tool for keeping an eye on your balance and spending.
In store or branch
There’s no option to apply for the card in person. The entire process takes place online via Zempler Bank’s official website, ensuring a smooth and convenient experience from start to finish.