CURRENCIES: USD, GBP & EUR
ATM LIMIT: YES
VIP OPTION: NO
APP: iOS & Android
CS METHODS: Phone and Email
MONTHLY FEES: 50p fee when loading via PayPoint.
LOADING OPTIONS: Bank Transfer or PayPoint
What is the Pockit Debit Card?
Pockit are relatively new to the online banking world. The concept is the same as many other pre-paid debit card services however, there are a few really good features that makes Pockit a strong competitor in the digital banking industry. The Pockit Prepaid Card is a great option for simple everyday spending. You can actually create an account via the app in roughly 5 minutes. This is quite impressive compared to the time taken to sign up to a traditional bank with physical branches. Another thing worth mentioning is that there is no credit check required. This makes the Pockit debit card a great option for those who have poor credit history. Typically, once signing up the card will arrive within 3 business days. This may vary depending on which part of the United Kingdom you are in.
Once registered and approved, you can control all aspects of your account via the smartphone app. This app is available for Android and iOS devices. The interface is pretty minimalistic, but this makes it less confusing and easier to use compared with some competitors. From the app you can do all of the things you would expect from a traditional bank. You can view statements and keep track of spending via analytics and even block or change the PIN of your card in the event it becomes lost or stolen. Finally, you can access support in case you run into problems or simply want to know more about the service.
You may be wondering how you can top up your Pockit account. This can be done using one of these two methods. Bank transfer or via cash at any PayPoint stations within UK. To pay in via bank transfer simply create a new transfer and input your account number and sort code as you usually would when making a payment. To top up using cash, simply visit a PayPoint station (typically in newsagents, petrol stations or post offices.). At present, there are currently 30,000 pay point locations in the British Isles. The benefit of using this method is that the funds will appear in your account instantly. Bank transfers typically take a few hours to arrive, depending on your bank.
Can you use the Pockit card abroad?
The simple answer is yes however, if you are looking for a debit card to use abroad you may want to check out our Revolut Review which is way more suitable to use in Europe and beyond. If you were to use your Pockit prepaid debit card abroad then you would be charged a 4% fee. As the Pockit card is issued by Mastercard, it is accepted anywhere you see their logo which is most reputable businesses globally.
What are the limits and fees of the Pockit Card?
Although it is completely free to create an account with Pockit, there are a lot of fees and limits to be aware of.
- Card delivery fee – 99p
- Cash top up fee – 99p
- Bank transfers – 99p
- ATM Withdrawal fee – 99p
- Monthly fee – 99p
- International withdrawals – £2.25
- Foreign exchange – 4%
- Max Top up limit – £5,000 / month (£1,500 per transaction)
- Withdrawal limit –£250 per transaction or £5,000 / month
Is Pockit safe?
Within the Pockit app there are many safety and security features. Also, when signing up you do not have to give lots of personal information. This reduces the risk of identity fraud and gives you piece of mind that your data is safe.
Advantages of the Pockit debit card
- Registration is extremely quick and easy.
- Delivery of debit card takes only 3 days.
- Easy to understand fees.
- No credit checks.
- Easy to use app with solid security
Disadvantages of the Pockit debit card
- Expensive to use abroad.
- Restricting limits for larger transactions.