Basics of Investing

Archive for March, 2010

Question: UK prepaid credit or debit card for foreigners?

I am not a UK resident and I don’t have a UK address – I live in Italy, in fact.

Are you aware of a way to get a UK prepaid credit or debit card?

PS: I need it to withdraw small sums in Pounds – a few hundred per year – from PayPal to use when I come to the UK, without having to pay high currency conversion rates twice.

I am looking for a simple, legal solution (not looking for weird Offshore Investments)

Thanks

Answer: Take a look at the link- It compares the different cards and tells you what you will get for your money, so that might be helpful.

It also has tips on the cheapest way to do it,and forewarns you of any risk involved so is well worth a look.

Hope this helps.

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