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UK Company Launches a Prepaid Card That Doubles as an ID Card

Mercator Advisory Group by Mercator Advisory Group
July 23, 2012
in Analysts Coverage
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Citizen Card Ltd., a non-profit company in the United Kingdom that provides proof-of-age and identity cards, announced that it is offering an ID card that also functions as a Visa Prepaid card. The card can be loaded through direct deposit and at retail locations and Post Offices.

The card is available to people aged 12 or above. The CitizenCard displays not only the cardholder’s date of birth but also their age band: 12-15, 16-17, 18+, 21+, etc. The actual card number also identifies whether the cardholder is over or under 18, serving as a way to prevent the card being used to pay for age-restricted goods if the cardholder is not old enough.

As with any prepaid card, you have to load money onto the card before you can use it to buy anything. As a result, there is no danger of getting into debt. Indeed, fans of prepaid cards argue that this actually helps you manage your money more responsibly.

The cards cost 15 pounds, or about $23 for standard delivery. Reloads are free if they are bank transfers, and a 2 or 3 percent reload fee applies for cash reloads, depending on the location. A video explainging how the cards work can be found at the Citizen Card website.

Click here to read more from MSN Money UK.

Tags: Prepaid
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