Best UK online pre-paid current accounts

Review of best digital pre-paid current accounts for international students

If you are moving to the UK as an international student one of the things you will need to sort out is a UK bank account. The fastest and most convenient way to do this is to open an online pre-paid current account.

Advantages of opening an online pre-paid current include:

  • Fast online application (normally takes 3 to 5 minutes)
  • In some instances, you can open the account from overseas and make an initial deposit
  • Fast dispatch of contactless debit card
  • Free online and in-store transactions
  • The account will enable you to receive international and domestic bank transfers
  • 24/7 online banking to check balance, set-up direct debits, standing orders and get your questions answered
  • Cash withdrawals from ATMs
  • Cashback for using the debit card
  • Customer helpline 

Best pre-paid current accounts for international students

Features

Cashplus Deluxe

Pockit

CardOneMoney

Open account before arrive in the UK

No

No

Yes

Deposit money into account before arriving in the UK

No

No

Yes

Debit card issue fee

£5.95

99p

Free

Additional Cards

£5.95

Not available

£5

Monthly Account Fee

£9.95

1.99p

£6.25

Max account deposit

£5,0000

£35,000

£50,000

Debit card usage in the UK

Free

Free

Free

Electronic Payments

Free

Free

Free

Direct Debits

Free

99p

30p

Standing orders

Free

Not available

30p

Pay cash into the account in the UK

0.3% will apply to the total amount paid in

99p

0.75% fee to pay in cash

Pay in by UK Bank Transfer

Free

Free

30p

ATM withdrawals (UK)

Free

99p

£1.50

ATM withdrawals (Non-UK)

£3

£2.25 plus 4% of the transaction value

£3.00 plus 2.75% of the transaction value

International transfer into the account

£15 per transaction (Note cannot receive transfers from all countries)

N/A

£15 per transaction (Note cannot receive transfers from all countries)

Send money internationally

Not available

£0.99 + exchange rate (3.5% or less).

Cannot send money to India or Brazil

£30

24/7 banking

Yes

Yes

Yes

Customer helpline (office hours)

Yes

Yes

Yes

Good features for international students

Monthly fee allows you to build up your credit rating in the UK

Get cashback when you use the card at leading retailers

Open account before you arrive in the UK and get debit card within 48 hours after arriving in the UK

 

 

OPEN ACCOUNT

OPEN ACCOUNT

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