O2 fee free pre-paid cards

Joanne Garcia, Head of Credit Cards at Confused.com comments on the launch of O2's fee free pre-paid cards.

"This is a breath of fresh air at a time when fees are creeping back up on many financial products. O2 and Nat West are delivering a fantastic innovation with their Cash Manager and Load & Go pre-paid cards, and we hope this will encourage more competition.

"We've been cautious fans of pre-paid cards for sometime because the benefits have been limited to a small number of people, due to the charges applied. We don't believe that people should be charged for trying to manage their money responsibly.

"The O2 Load & Go card which is aimed at children aged 13 and over, will help educate and ensure that financial control is learned from a young age and young people won't have to worry about carrying and losing cash."