New Endsleigh Prepaid Student MasterCard® for secure, convenient and cost effective payments
Endsleigh, the UK’s number one student insurance provider, has joined forces with Tuxedo Money Solutions, a leading prepaid card provider, to offer a new solution for students looking to budget – a prepaid* student card.
This versatile card can be used anywhere that accepts MasterCard cards, making it perfect for day to day transactions, shopping securely online and spending while abroad. Unlike credit or debit cards, which are linked to a bank account, a prepaid card only allows students to spend the amount they have loaded. It also has no foreign currency conversion rates, which means it is a great alternative to travellers’ cheques or credit cards during overseas trips. With the summer break and gap years close by, it could be a perfect option for students wanting to live life to the full while staying in control of their finances.
The Endsleigh Prepaid Student MasterCard, costs just £9.95 to purchase and can be applied for through the Endsleigh website. www.endsleigh.co.uk. There are no credit checks and the whole process takes a few minutes.
Partnering with prepaid card service provider Tuxedo Money Solutions and issuing bank Newcastle Building Society, Endsleigh Prepaid Student MasterCard offers its customers the eccount® facility where funds are safely held and released to their cards. The eccount and card balances can be checked 24 hours a day and can be instantly blocked or cancelled if it is lost or stolen.
Other benefits of the prepaid card include:
· Limits exposure to fraud or theft
· Chip and PIN security
· Money can be loaded by parents quickly and easily
· No bank account required
· Can be topped-up online, by phone or by text message (fees may apply)
Endsleigh spokesperson, Rebecca Heard says “Endsleigh have been providing products and services to students since 1965. We are delighted to offer students another product which is ideal for budgeting. The card can be used anywhere the MasterCard Acceptance Mark is displayed and can be topped up instantly by the cardholder or parent by phone, text message or online.”
John Sharman, CEO of Tuxedo Money Solutions says “I am delighted to be working with Endsleigh to provide students with a responsible solution to help them manage their money. Students will be able to use their cards with confidence at 30 million locations and 1.5 million ATM’s around the world**. The card will offer students a new sense of security.”