cashplus

Cashplus is a UK-based brand that offers a reloadable prepaid debit card and digital banking service issued by Cashplus Bank Limited. It is positioned as an accessible alternative for people who are underbanked or prefer not to use a traditional current account, combining card functionality with online account management and a mobile app.

Cardholders can load funds onto the account and spend anywhere that accepts Mastercard, as well as make online purchases and use contactless payments. Depending on the product tier, users may also be able to withdraw cash from ATMs. Both physical and virtual cards are commonly available, with tools in the online account to monitor balances, set limits, and track transactions.

Funds can be added through multiple top-up methods, including bank transfer, card top-ups, and, in some cases, cash top-ups at partner retailers. Top-up options and any associated fees vary by country and plan, and there may be limits on top-up amounts and frequency.

Cashplus is regulated by the Financial Conduct Authority in the United Kingdom, and consumer protections applicable to UK prepaid products generally apply. This includes standard chargeback rights for certain card payments and a formal process for disputes. Users should review the specific terms, pricing, and safety features in the current user agreement, as these can change over time.

Overall, Cashplus provides a straightforward option for budgeting, paying for goods and services, and accessing basic banking-like features without requiring a traditional bank account.