What are the pros and cons of Bigkoko prepaid cards? • Pros

✓ No credit checks required to get a prepaid card.

✓ No credit facility, so the user cannot go overdrawn.

✓ Reduced risk of fraud because prepaid cards are not linked to a business/personal bank account.

✓ No requirement for company/personal credit cards or petty cash.

✓ Integrated and efficient way of managing company/personal expenses and cashflow (there is no need for employees to wait for expenses reimbursement).

✓ Helps businesses/individuals identify spending patterns and potentially find ways to make savings.

✓ Cards reloadable, disposable and flexible in use.

• Cons

✓ No line of credit available for emergencies. You spend what you have.

✓ No Financial Services Compensation Scheme (FSCS) protection for funds loaded on a Bigkoko prepaid card (it means if the card provider (merchant ) goes bust you could potentially lose money held on the card) so we advise strongly to load what you Plan to spend within a month