Pockit launches ground-breaking new prepaid MasterCard® card

As more people in the UK seek incentives when shopping, Pockit launches a pioneering prepaid card which gives consumers the added advantage of generous cashback benefits and discounts while they spend. Statistics show 804 million purchases were made in December 2011, which resulted in a total spend of £37.9 billion . The Pockit Prepaid card will help shoppers gain added value from their spending.

The Pockit Prepaid MasterCard card allows users to pay a flat £3 monthly fee, which is one of the cheapest in the UK, to gain access to exclusive deals, in-store cashback and featured offers. The card can be used in over 32million locations where the MasterCard Acceptance Mark is displayed with an added bonus of only spending what you load on to it. There are no transaction fees and no application fees, therefore making it an ideal way of keeping track of your money.

With the current economic conditions, households across the UK are looking for ways of reducing costs. Major companies have come on board to provide Pockit’s cardholders exclusive discounts on essential household expenditure such as gas and electricity, insurance, and high-street shopping. Aviva, TalkTalk, First:Utility, Marks & Spencer’s, B&Q, New Look, Toys R Us and Comet are just a few of the companies who provide discounts and cashback to Pockit customers.
Pockit is more than just a prepaid card. Along with helping households to save money, it encourages consumers to go back to the high street to claim their cashback, in essence, working hand in hand with many top high-streets.

Danny Jatania the CEO of Pockit said, "Pockit is the evolution of the standard prepaid card that allows consumers to save on fundamental everyday household needs. Today’s economic climate suggests that people want to save in all aspects of their household spending. Pockit is a perfect way of spending only what you have while receiving additional perks of discounts and cashback. With essential items becoming more expensive every day, Pockit is a unique way of taking advantage of deals offered by leading companies."

Pockit also offers a pay as you go option for consumers who want to avoid monthly fees, yet want to make savings and plan their finances. The Pay as You Go card can be purchased with a one off payment of £5, with an additional 45p charge with each transaction. The user would receive all the full Pockit discounts but not the exclusive in-store cashback deals.

Mr Jatania concluded, "With our transparent charges and established, well known national partners we can reassure consumers that their savings are our main priority.

The Pockit Prepaid card is a smart tool to help consumers to avoid overspending, it can also be a great way of teaching young people and students to budget and save. Both the Pay Monthly and Pay as You Go Pockit card options allow consumers to make savings and manage their money."

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