Donate SIGN UP

Cash Card

Avatar Image
Maydup | 20:39 Sun 13th Mar 2011 | Personal Finance
10 Answers
Does anyone know if there's such a thing as a cash card yet? One which I could load with cash and give to someone else to withdraw at an ATM?

I'd like to send money as a present but would prefer not to use cheque or postal order as its not "instant" for the recipient. Any ideas of the modern way to give money in this way?
Gravatar

Answers

1 to 10 of 10rss feed

Best Answer

No best answer has yet been selected by Maydup. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
you can buy a prepaid credit card which you or they can top up. Once used that's it, unless you wanna keep topping up. Try a card shop like clintons.
I use Ikobo to send money to people in several different countries. You pay money in and Ikobo sends the recipient a pre-paid Visa card, which can be used at any Visa ATM. Once they've got the card, anyone can top-up their balance online:
https://www.ikobo.com/

Chris
Question Author
Thanks I'll try Clintons tomorrow - I didn't see anything similar on their website but I'll try in the shop
ikobo looks interesting too thanks, might be a little expensive and elaborate for my £25 gift this time but worth knowing about
I could try the post office tomorrow too perhaps? That's if I can find one in this day and age!
I sent gift cards - admittedly you can only use them at the shops in question but some of them can be used in several stores (eg the Burton group) - then the recipient can use just part of the amount if they don't want to spend it all.
Question Author
Thanks Box tops - I really wanted one which can be converted to cash somewhere. The money is for either travel, food or entrance fees on a UK weekend break.
If you send an uncrossed postal order then all the recipient would have to do is pop down their local Post Office to cash it. It's as instant as popping down to an ATM.
Question Author
Thanks SpudQ, that's an idea. I'll check the options in the post office tomorrow.
Maid I would go for postal order - just send it recorded delivery
Travelex Cash Card?? After the recipient has used up your gift, they could keep it to load up themselves for travelling money etc.
Sainsbury (I think) advertise a card which you put the money on, and then keep half the card yourself, and give the other one to they suggest, a student. This means that the "student" can buy food etc from their local stores, and if necessary "mum" tops the card up at home.
I hope this makes sense to you but it would seem to be an answer

1 to 10 of 10rss feed

Do you know the answer?

Cash Card

Answer Question >>