Top10creditcards is a free online resource meant to help users find the information they need in order to make a confident decision. We spend countless hours of research to find the most relevant content and present it in the most accessible way. However, please don’t view the information presented here as a recommendation from our end.
Please note:
EMI E-money institution (EMI) authorised by the Financial Conduct Authority (FCA).
Standard – Free
No monthly account fee
Plus – £3.99/m
24/7 priority customer support
Premium – £7.99/m
Travel savings and protection
Metal – £14.99/m
No fees on unlimited currency exchange
Ultra – £45/m
Best value
FCA-regulated
Mastercard Debit Card
Free account
Open extra current accounts for free
FCA-regulated
Mastercard Prepaid Card
Free account and first card
£0 international payment fees
Multi-currency card
FCA-regulated
Free account
Yes
Free travel money card
Load a min. of £10 to receive your free Caxton Card
Activation
Card activation online or via the app
Delivery
3-5 days
FCA-regulated
Monzo Account – Free
Spend, save and manage your money
Monzo Plus – £5/m
Get interest on your money
Monzo Premium – £15/m
Extensive phone and worldwide travel insurance
FCA-regulated
Anna virtual card – Free
Virtual business debit for online purchases
Business – £14.90 + VAT/m
For Small-medium business
Big business – £49.90 + VAT/m
For big business
9.8
Fee-free plan available
9.5
Fee-free plan available
9.1
Fee-free plan available
8.8
Fee-free plan available
8.5
Fee-free plan available
7.9
Fee-free plan available
A travel card is a type of payment card that is specifically designed for use while traveling. It can be used to make purchases and withdraw cash at locations around the world, and often offers additional benefits such as rewards programs, currency exchange, and travel insurance.
Some use the ‘interbank rate’ and others use Mastercard or Visa’s exchange rates. Sometimes, a provider may pick one of the rates and then apply a percentage on top, usually between 1% and 3%.
The ATM withdrawal will likely incur a cash advance fee if you use a card with no foreign transaction fees. However, most companies do not charge withdrawal fees for amounts between £200 and £500.
Foreign transaction fees are charges that appear on your card bill when you make a purchase that either crosses a foreign country or is done in a foreign currency. There are some companies that charge no fees for foreign transactions. A typical fee ranges between 1% and 3%.
If you want to visit multiple destinations, you can load several currencies onto a single card. You could have different amounts of money stored on the same card. You can lock in rates by converting when you load the cash or store some money in pounds.
When you swipe your card at the ATM or store you’ll get the same level of protection as if you used your bank’s card.
Usually, MasterCard and Visa cards can be used in millions of places around the world and online. You can use your card at most ATMs in other countries, as well as with most retailers that accept card payments.