What is the AcornCard Prepaid Mastercard®?

The AcornCard Prepaid MasterCard® works similar to a debit card, only you must load the card with your cash before you can use it, and you do not pay interest on the funds used. The ‘maximum balance limit’ is the balance on the card and you cannot go overdrawn.

Your net wages are paid directly into your AcornCard account, you can then use the card to access this balance from either ATMs, or you can pay for goods and services in shops, or via the internet in the same way you would with a conventional debit / credit card.

Just some of the advantages

Eliminates the cost of using costly cheque converter services or the time spent queuing at bank branches. Plus you can access your money via your AcornCard the same day as you are paid.

The same convenience as a debit card with a limit - you can only spend up to the balance in your AcornCard account.

Unlike cash, the balance on the account is safe if the card is lost as you can block the card by reporting it lost or stolen (Terms apply) plus it's normally safer than carrying large amounts of cash.

Secure access to your account balance is via the AcornCard website, this enables you to view all your transactions online and (when this enhancement has been released) to see the gross-to-net calculation that is currently shown on paper payslips.

You will be able to receive payments from more than one paymaster or employer all into the same account.

You can send an additional card to family members overseas, who can then share your credit balance.