Monarch prepaid cards

To see the Summary Table from Click Here.
These tables summarise product features and pricing and do not replace any Terms and Conditions.

	eurozone card (EU €)	worldwide + discounts card (GB £)
Commission and Foreign Exchange Rates
No Commission	0% / FREE We don’t charge commission on any of our products.
How your Exchange Rate is applied	Convert your money to Euros when you top-up your card online. You are quoted a great exchange rate every time before you top-up. You can then spend or withdraw the Euros when you are abroad.	Top-up your card online with Pounds Sterling. Your money is converted into foreign currency only when you spend or withdraw cash abroad. Your exchange rate is calculated in real-time using the rate that banks buy currency from each other.
Exchange Rate	£1.00 buys you €1.12 (real-time online rate)	A small charge of 2.5% is added to the MasterCard exchange rate each time you use your card.
Purchase Transaction Fees and ATM Withdrawal Fees
Purchase Transactions	FREE We don’t charge when you spend directly from your card.
ATM Withdrawals ( some ATM providers may apply surcharges)	€1.25	£1.00
Loading Fees and Charges
Load or Top-Up	FREE (If using a Debit Card)
	2.5% (If using a Credit Card)
Loading Limits
Maximum Balance	€6000	£3,000
Maximum Single Load	€3000	£2,500
Minimum Single Load	€10	£10
Loads per day	2	2
Spending and ATM Withdrawal Limits
Purchases per day	10 or €2400	10 or £2000
Purchases per four days	40 or €6000	40 or £5000
ATM Withdrawals per day ( some ATM providers may apply surcharges)	5 or € 300	5 or £250
ATM Withdrawals per four days( some ATM providers may apply surcharges)	15 or € 1200	15 or £1000
Other Charges
Card Issue Fee	FREE	£9.95
Annual Service Charge	FREE	£9.95
Balance Enquiry (Web)	FREE
Balance Enquiry (SMS)- please note, you may also incur additional charges from your network for using this service	€0.15	£0.15
Additional Card	€6.00	£9.95
Replacement Card	€6.00	£5.00
Cancellation or Redemption	€6.00	£5.00
Re-Issue PIN	€1.00	£1.00
Administration Fee (For exceptional requests)	€14.00	£12.00
Card Validity Period
Card Valid For	3 years After which you will be offered a replacement if the card has been used in the last 6 months.
	Compare rates eurozone card	Compare rates worldwide + discounts card

Monarch prepaid cards Summary Box

Summary Box: The information contained in this table summarises key product features and is not intended to replace any terms and conditions

	eurozone card (EU €)	worldwide + discounts card (GB £)
On Application
Card issue fee	FREE	£9.95
Additional card fee	€6.00 per card	£9.95 per card
Other Initial Fees	None	None
Limits	Minimum Initial Load Amount €10 Maximum Initial Load Amount €3000	Minimum Initial Load Amount £10 Maximum Initial Load Amount £2500
Usage restrictions	For full details please refer to the Terms & Conditions	For full details please refer to the Terms & Conditions
Ongoing Features
Replacement card fees	€6.00	£5.00
Transaction fees	FREE for purchase transactions in € 2.5% of value for transactions not in €	FREE for purchase transactions in £ 2.5% of value for transactions not in £
Cash withdrawal fees - some ATM providers may apply surcharges	€1.25 per transaction	£1.00 per transaction
Service fees	FREE	£9.95 per year (1st anniversary onwards)
Balance enquiry - please note, you may also incur additional charges from your network for using the SMS service	FREE online on our website SMS Text: €0.15 per text enquiry Telephone: standard UK local call rates	FREE online on our website SMS Text: £0.15 per text enquiry Telephone: standard UK local call rates
Top-up fees and limits	FREE for loads by Debit Card 2.5% of load value for loads by Credit Card Minimum single load amount €10 Maximum single load amount €3000 Maximum Card Balance €6000	FREE for loads by Debit Card 2.5% of load value for loads by Credit Card Minimum single load amount £10 Maximum single load amount £2500 Maximum Card Balance £3000
Other fees	FREE PIN Issue / €1.00 for re-issue Administration Fee €12 (for exceptional requests)	FREE PIN Issue / £1.00 for re-issue Administration Fee £10 (for exceptional requests)
Closure
Cancellation or redemption	€6.00 Redemption fee (cancellation of card & return of funds)	£5.00 Redemption fee (cancellation of card & return of funds)
Expiry	3 years
For more information please see our Monarch card terms and conditions