The Escape prepaid card is a Mastercard with a difference as you can earn up to 20% cashback to spend in some major stores when you use it to shop online.
Prepaid cards are becoming popular as they are a very convenient way of taking money abroad on holidays and business trips without the risks of carrying cash.
As you can only spend what is loaded onto your card, there are no credit facilities involved which is ideal for those who need a helping hand with their spending habits or have credit histories that preclude them from conventional credit cards.
The Escape prepaid card is aligned to MasterCard so it is accepted by over 30 million stores throughout the world – wherever you see the Mastercard Acceptance Mark, in fact. It is owned and operated by the Phones4U group and so has the backing of a large company behind it.
A useful feature of the Escape card is that whenever you shop online with it, you can earn up to 20% cashback from leading brands like JD Sports, Top Man and New Look.
We like cashback offers so this is definitely something to consider if you are looking at the various prepaid cards that are currently available on the market.
With the strength of Phones4U in the mobile phones market it is no surprise to learn that the Escape card can be used to top up your pay as you go mobile phone.
The Escape prepaid card has been designed to allow you to easily send money abroad and, a differentiator from other similar cards, to allow someone else to share your money with the use of a Companion card linked to your account.
This means that if you have a friend or relative abroad, they can spend money using their Companion card, that you load up into your account. This is particularly useful for parents with children studying or living abroad.
Sending money to a child travelling abroad during their gap year also comes to mind as a useful feature. A Companion card costs £4.99.
There is a tie in with Lebara Mobile, the UK’s leading provider of international mobile services. By subscribing to the Lebara bundle gives you a free Lebara Sim with £10 worth of calls preloaded and an Escape Companion card.
This bundle costs £14.99 but is ideal for those wanting to send money to someone abroad who can use their Companion card to access your funds and for you to make calls to people abroad via the Lebara Sim card.
The Escape prepaid card costs £9.99 and is easy to load with money from your bank account, however as you can see from this review it does offer some useful benefits that make it well worth considering.