Card One Money Prepaid Card Review
ATM and Cash
Topups
Overall
Card One Money combines a prepaid Mastercard with a UK current account that supports Direct Debits and standing orders. The personal account costs £12.50 per month. UK ATM withdrawals are £1.50 from Card One Money’s side. Purchases in foreign currency include a 2.75% fee, and overseas ATM withdrawals are £3.00 plus 2.75%. You can order an additional card for a family member, with a minimum age of 13. Funds are safeguarded rather than FSCS protected.
Fees and FX
ATM and Cash
Topups
Overall
Initial Viewpoint
Best for customers who want a simple UK account with Direct Debits and a prepaid card, clear published fees, and the option to add a second card with a set allowance. Not ideal for frequent overseas cash use or heavy foreign currency spending due to the out of currency fees.
Highlights
- UK current account features with Direct Debits, standing orders and Faster Payments
- Clear pricing page with fee table
- Additional card option with minimum age 13
Cautions
- £12.50 monthly account fee
- UK ATM £1.50 and overseas ATM £3.00 plus 2.75%
- Foreign currency purchases attract a 2.75% fee
Overview
What it is
A prepaid Mastercard linked to a UK personal account that lets you set up Direct Debits, pay bills and create standing orders.
Who it's for
People who need straightforward UK account features with a prepaid card, want published fees upfront, and do not need multi currency balances.
Key Facts
Issuer and scheme:
Prepaid Mastercard program of Card One Money. Card One Money is a trading style of Equals Money UK Limited. The card is issued by Fair Payments Limited pursuant to licence by Mastercard.
Account features:
UK sort code and account number, Direct Debits, standing orders and Faster Payments.
Fees headline:
Personal account £12.50 per month. UK ATM £1.50. Foreign currency purchases 2.75%. Overseas ATM £3.00 plus 2.75%.
Additional card:
Optional second card available. Minimum age 13 for the secondary card. £5.00 per month for an additional card.
Safeguarding vs FSCS:
Funds are safeguarded, not protected by FSCS.
Max card balance:
£5,000.
Pricing & Fees
Fee Type
Amount
Notes
Monthly account fee
£12.50
Personal account fee.
First card
Free
Included with account.
Additional card
£5.00 per month
Secondary card. Minimum age 13.
Replacement card
£3.95
Per replacement.
UK ATM withdrawal
£1.50
Issuer side fee. ATM owner may surcharge.
Overseas ATM withdrawal
£3.00 + 2.75%
Per withdrawal.
Purchases in foreign currency
2.75%
Applied to the transaction value.
Transfer card balance back to account
£5.00 per transaction
When moving funds from card to account.
Giro paying in book
£3.50
If you use a giro credit.
Maximum card balance
£5,000
Card purse cap.
Additional Details
FX conversion
Spending in a non GBP currency attracts a 2.75% fee on the purchase value from Card One Money’s side. Always choose to pay in the local currency at terminals and ATMs to avoid dynamic currency conversion by the merchant or ATM operator.
Free ATM allowance
– UK cash: £1.50 per withdrawal from Card One Money’s side.
– Abroad: £3.00 plus 2.75% per withdrawal from Card One Money’s side. ATM owners may add their own fee.
Topups & Payments
Method
Fee or Limit
Notes
Faster Payments in and out
Usually free from Card One Money’s side
Bank charges may apply at your bank. Site emphasises Faster Payments.
Direct Debits and standing orders
Included
Set up in the account.
Move money from card to account
£5.00 per transaction
By request to support.
Applying for the Card One Money Account
Apply online: no credit check; only identity & residence verification. Once approved, you receive your account number and sort code. Card typically arrives within days. You may load funds and use for spending and bills.
Limits & KYC
Topic
Detail
Maximum card balance
£5,000
Secondary card minimum age
13
Verification
Standard ID and residency checks per terms
App & Features
Feature
Detail
Mobile apps
iOS and Android apps for balance, payments, Direct Debits, statements and notifications.
Controls
Report lost or stolen cards and manage essentials in app.
Alerts
Payment and income notifications available.
Who It's For
Best for
People who want a UK account with Direct Debits and a prepaid card, simple published fees, and the option to provide a managed allowance card to a family member.
Not ideal for
Frequent foreign currency spenders or heavy overseas ATM users, since non GBP purchases and overseas cash draw fees apply. Users who need FSCS protection should note that this is an e money account with safeguarding, not FSCS cover.
Pros & Cons
Pros
-
UK account with Direct Debits and standing orders
-
Clear fee table and fixed monthly pricing
-
Optional additional card for a family member from age 13
Cons
-
Monthly account fee of £12.50
-
Overseas ATM and foreign currency purchase fees can add cost
-
Funds are safeguarded and not FSCS protected
Awards and Recognition
Card One Money is part of the Equals Group (which includes FairFX). While major industry awards for this specific product aren’t prominent publicly, “everyday prepaid accounts” are increasingly covered in consumer comparison reviews. Treat any historic recognition as context only, not current endorsement.
Awards and Recognition
Card One Money is part of the Equals Group (which includes FairFX). While major industry awards for this specific product aren’t prominent publicly, “everyday prepaid accounts” are increasingly covered in consumer comparison reviews. Treat any historic recognition as context only, not current endorsement.
How It Compares
At a glance: Card One Money is focused on UK account functionality with a prepaid card. Multi currency travel cards emphasise FX and ATM abroad. Standard bank accounts may offer fee free FX but require credit checks or different eligibility.
Feature
Card One Money
Multi currency travel card
UK bank debit card
Annual or monthly fee
£12.50
Often tiered or free
Usually £0
Card purchases
Often free
Usually free
ATM fee
£1.50
Often free with caps
Varies by bank
FX fee
£3.00 + 2.75%
Often free or capped
Varies by bank
Alternatives to Consider
Wise multi currency card
Hold many currencies with competitive FX and global acceptance. Check ATM caps.
Revolut travel card
Multi currency wallets with plan tiers and smart app controls. Review weekend FX markup and fair use policies.
Starling Bank debit card
UK current account with strong travel acceptance and simple FX policy. Check ATM and card replacement policies.
Ratings
Category
Score 1 to 5
Weight
Notes
Fees and FX
£12.50 monthly fee, 2.75% out of currency, overseas ATM £3.00 plus 2.75%.
ATM and cash
UK ATM £1.50, owner fees may apply.
Topups and payments
Faster Payments, Direct Debits and standing orders supported.
Features and app
iOS and Android apps with alerts and controls.
Support and trust
Safeguarded funds, not FSCS. Equals Money UK Limited trading style.
Compliance & Methodology
Regulatory
Card One Money is a trading style of Equals Money UK Limited, an FCA authorised payment institution. The card is issued by Fair Payments Limited. Funds are safeguarded and not FSCS protected.
Data sources
Personal account pages, pricing and summary box, FAQs and support articles. Verified on 17 Oct 2025.
Editorial policy
Independent, fact‑checked comparison. Click here for editorial guidelines.
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