The Tuxedo prepaid MasterCard works like a credit or debit card. You can use it for many of the same things such as withdrawing cash and shopping in store and online. It’s a great way to manage your money too, as you can’t spend more than you top up or load – you only spend what you load. There is no overdraft facility.
When you apply for a Tuxedo prepaid card, there are No Credit Checks. This means that providing you are aged 18 or over and have a UK address, you can have one of our cards. You don’t even need a bank account to use a Tuxedo prepaid card, as you can load your card with Cash, Cheques or even have your wages paid directly to your card.
The Tuxedo prepaid card is simple and easy to use. Like a credit or debit card, you can spend anywhere you see the MasterCard Acceptance Mark in the UK or abroad. The clever thing is though, unlike a credit or debit card, there is no overdraft facility or high interest rates to pay, as we don’t charge them. You only spend the money that you have loaded to your card.
The Tuxedo prepaid card is protected by Chip and PIN technology, so when using your card as cash machines or in-store, you have to enter your secret PIN in order to complete a transaction.
You can top-up your Tuxedo prepaid card in many ways.