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What is a Prepaid Maestro(R) Card?

 

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What is a Rainbow Saver Prepaid Maestro® Card?

A Rainbow Saver Prepaid Maestro® Card is a payment card that is loaded with money by you.

There is no set up fee and no loading charge.

A Rainbow Saver Prepaid Maestro® Card looks just like a credit or debit card, with a card number and signature strip. You can't borrow money with a Rainbow Saver Prepaid Maestro® Card - you can only spend the money you have loaded onto it.

You can use it to make purchases wherever you see the Maestro® acceptance mark. creditcardpicturebluebackWhen you use your Rainbow Saver Prepaid Maestro® Card at a retailer, the price of your purchase is deducted from the amount loaded onto your card. You can also make secure purchases by phone or over the Internet. In addition, you have the ability to withdraw your money from a cash machine (ATM) at an extra charge of £1 per withdrawal in the UK, £2 per withdrawal overseas.

The Rainbow Saver Prepaid Maestro® Card costs £3 per month which includes 10 free transactions per month. Additional transactions after that are charged at 20p each. 



Maestro® is a registered trademark of MasterCard® International Incorporated and affiliates. This card is issued by Newcastle Building Society pursuant to license from MasterCard® International Incorporated.
Newcastle Building Society is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/register) and is entered in the Financial Services Authority Register under registration number 156058