Escape Card makes budgeting easy in ‘Austerity Britain’
Hard-working Brits are paying off debts at record speed – with ‘austerity fever’ prompting consumers to live within their means.
More than £12 billion in loans and overdrafts was paid back to banks in 2010 as economic uncertainty grips the nation, and shoppers are increasingly searching for new ways of doing business without racking up credit.
The answer for many lies in the pre-paid cards such as the Escape Prepaid MasterCard ((www.escapeprepaid.com) from EZPay, part of the Phones4U Group.
“Modern day life often requires you to use plastic,” explained EZPay managing director Paul Smith. “More and more people are switching on to the benefits of pre-paid cards, which can be loaded with cash and then used in a traditional way. The only difference is you can only spend the funds available, making them the perfect way to manage your finances.”
In addition, the Escape Card offers a whole range of other money-saving treats for users. Available for a one-off fee of £9.99, the card can be used to access a range of cash-back deals of up to 20% when shopping online with big-name brands such as Apple, Bhs and Argos.
For more information and to start enjoying the benefits of a prepaid MasterCard for spending in the UK or transferring money internationally, please visit www.escapeprepaid.com.
-ends-
Press information and images: Katie Wright, Emily Cuthbert or Sarah Rathbone at Siren
katie.wright@sirenpr.co.uk; emily.cuthbert@sirenpr.co.uk or sarah.rathbone@sirenpr.co.uk
020 8237 1210 or 07595 055 882
Notes to editors: Brits paid back £12bn in personal debt in 2010, according to Savings Brake research by independent financial advice website unbiased.co.uk
About EZPay
EZPay Ltd (www.ezpayltd.co.uk) is the prepaid card provider from the Phones 4U Group. The company specialises in prepaid MasterCards and currently offers three products: The Escape Prepaid MasterCard; The Escape Travel Money Prepaid MasterCard and the Neon Prepaid MasterCard for under 17s.
Escape Prepaid MasterCard
The perfect card for people who want to take control of their general spending and those who regularly transfer money abroad. It’s free to load with cash at Phones4U stores and can then be used fee-free online or in-store like any other debit or credit card. Alternatively, the Escape card can be used to send cash to friends and family overseas without charge – and users benefit from some of the best exchange rates available today – making it far better value than traditional money transfer services. As an additional benefit users can earn up to 20% cashback on online purchases from great brands such as Apple, BHS and Top Man.
Escape Travel Money Prepaid MasterCard
The Escape Travel Money card is the ideal travelling companion. The card can be used in over 30 million locations worldwide – anywhere you see the MasterCard acceptance mark. There are no fees for using the card abroad and there are no fees for withdrawing money from ATMs while you’re abroad. You can also earn up to 20% cashback on your online purchases, excellent for when you’re booking airport parking and other travel essentials.