Prepaid cards give you effortless oversight and control over spending

Soldo prepaid cards can help you see where your organisation’s money goes. Reduce time reviewing and approving reports and track your spending in an instant with a prepaid card.

We’ve helped thousands of businesses proactively manage their messy, decentralised spend.

What makes Soldo?

Win back valuable time

Trust employees to spend company money with prepaid cards that keep you in control

Get accurate transaction data

Separate budgets, custom limits and real-time visibility help prevent overspending

Simplify reconciliation

Save hours on admin and speed up month-end with automated tracking and reporting

Benefits of prepaid cards for your organisation

Get a clear picture of your spending

A Soldo prepaid card will provide you with detailed insights to see where your money is being spent. Prepaid cards allow you to track your expenses and identify patterns, enabling you to forecast budgets and spending more accurately.

CONTROL BUDGETS

Eradicate employee overspending

Unlike credit cards, Soldo prepaid cards offer users dedicated, built-in budgeting capabilities. This means you can avoid overspending within your teams and ensure funds are used appropriately.

MANAGE SPENDING

Set clear spending limits

Soldo prepaid cards provide you with enhanced budget protection, allowing you to establish clear limits and restrictions on how, when and where your team can spend. This means you can avoid unauthorised transactions and ensure that funds are used effectively.

GIVE POWER TO YOUR EMPLOYEES

A prepaid card makes finances accessible to all

Distributing credit cards within your organisation brings with it the risk of security breaches and complications in transaction authorisation. With a Soldo prepaid card, you can set up virtual cards for smaller, time-sensitive purchases. This makes it simpler to monitor licenses and trial subscriptions per card, which can streamline the cancellation process.

MINIMISE ADMIN TIME

Gain valuable insights with automated reporting

Cut down on time spent downloading and checking statements with a prepaid card. Unlike credit cards, Soldo prepaid cards allow managers to generate expense reports at any time and get a rapid overview of all their team’s expenses.

CONTROL BUDGETS

Eradicate employee overspending

Unlike credit cards, Soldo prepaid cards offer users dedicated, built-in budgeting capabilities. This means you can avoid overspending within your teams and ensure funds are used appropriately.

MANAGE SPENDING

Set clear spending limits

Soldo prepaid cards provide you with enhanced budget protection, allowing you to establish clear limits and restrictions on how, when and where your team can spend. This means you can avoid unauthorised transactions and ensure that funds are used effectively.

GIVE POWER TO YOUR EMPLOYEES

A prepaid card makes finances accessible to all

Distributing credit cards within your organisation brings with it the risk of security breaches and complications in transaction authorisation. With a Soldo prepaid card, you can set up virtual cards for smaller, time-sensitive purchases. This makes it simpler to monitor licenses and trial subscriptions per card, which can streamline the cancellation process.

MINIMISE ADMIN TIME

Gain valuable insights with automated reporting

Cut down on time spent downloading and checking statements with a prepaid card. Unlike credit cards, Soldo prepaid cards allow managers to generate expense reports at any time and get a rapid overview of all their team’s expenses.

Apply online in minutes and start spending in as little as one working day.

No credit checks, no hidden fees, no fixed contracts. Cancel anytime.

Complete registration

We need to confirm your identity and address. Upload a few documents and you’ll be done.

Add funds

Load money to your account to order your Soldo card. Receive it in 2 working days.

Start spending

Shop online or instore safely with your contactless card.

Get a quote
£21 per month
excl. 20% VAT
The Soldo software platform is operated by Soldo Software Ltd. The e-money business account and payment services are provided by Soldo Financial Services Ltd and are subject to additional fees such as, card issuance, cash withdrawals and others. See all the financial services fees here, and the typical limits here.

*Subject to eligibility, based on the criteria found

All Soldo plans include

Everything you need to get started

Soldo Mastercard® cards

Get as many cards as you need for employees and departments. Our contactless cards are accepted by millions of merchants worldwide.

Web console and mobile app

See spending in real time on the web console. View balances, capture receipts and manage cards on the employee app.

Accounting integration

Export transaction data to every major accounting software, in two clicks. Connect expenses to Xero and QuickBooks.

Free & unlimited transactions

Soldo Mastercard® cards have no fees for domestic transactions and our foreign exchange fee is fixed at just 1%.

No charge for deposits

It’s free to add funds, and money is available to spend instantly. Allocate funds to cards when your team needs it.

Dedicated support

Need a hand? Our friendly customer success team is at your service, providing support whenever you need it.

What our clients think about us

“In the past, expense reimbursement took one and a half days, and now it takes slightly more than half a business day.”

Marco Valerio Izzo, Buzzoole
Finance Manager

“Since we started using Soldo, it’s been such a relief not to have to regularly email or phone the banks to ask for our credit card limits to be raised. I love Soldo’s flexibility – it’s so easy to maintain and everything is in real time.”

Dennis Koehler, Get Your Guide
Head of Payments and Fraud

“Soldo has enabled us to close our old corporate credit card scheme, remove petty cash from our business and reduce the number of expense claims we process. This has reduced the administrative burden, replacing separate…”

Lee Jaques, Bruntwood
Finance Project Manager

“We need to have non-nominative cards, in multiple currencies, attached to powerful reporting that integrates with Sage. Soldo ticks all those boxes.”

Paraag Amin, DotDigital
Former CFO
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Prepaid Cards

Reviewed by Brandon Till

Prepaid card FAQs

What is a prepaid card?

Prepaid cards offer a modern take on managing employee expenses. They work in the same way as a regular debit card for making purchases or payment transactions, but additional limits are in place to control how and where funds can be spent.

They offer employees quick and convenient access to money and are easy to manage from a central company wallet. Prepaid cards can be topped up as and when necessary, with real-time reporting on transactions to give a clear, concise overview of how money is being spent.

How does a prepaid card work?

With Soldo prepaid cards, you have complete control over your financial activity. You can issue cards to employees across multiple departments, set budgets to limit spending, and monitor where funds are being used. The transparency and simplicity of using a prepaid card allow you to eliminate time-consuming admin and focus on other aspects of your operations.

When would you use a prepaid card?

A prepaid card gives your teams the flexibility to make purchases and payments whenever and wherever they need to. Soldo prepaid cards can be used for in-store purchases, contactless transactions or online payments, in the same way you would usejust like a traditional debit or credit cards.

How does a prepaid card differ from a credit card?

Prepaid cards offer organisationsin the UK a safer and more controlled approach to spending. Employees can only spend funds that have been deposited onto the prepaid card, which eliminates the risk of overspending or accumulating debt that can be common when using a credit card.

How can I add money to a prepaid card for my team?

Adding money to your Soldo prepaid cards is straightforward. You can choose one of the following options:

  • Bank transfer: Add money to your company wallet in to 24-48 hours for GBP and EUR. USD can take up to five working days
  • BACS: Faster payment option, with funds typically available for use immediately
  • PayPal: Instant transfers in up to 30 minutes, or up to 3-5 working days for standard transfers
Can I check the balance of my prepaid cards?

Checking the balance of your prepaid cards is quick and easy. You can access your real-time balance via our mobile app or online, or receive a notification via text. You can also use an ATM to see what money you have available.

Can I issue multiple prepaid cards to my employees?

No matter the size of your organisation, our prepaid cardshave got you covered. You can issue a prepaid cardto multiple employees within your team, or colleagues you work with externally, to have complete control over their spending limits.

Can UK prepaid cards be used for international transactions?

Yes, they certainly can. With Soldo, you can make international payments in several currencies including GBP, EUR and USD using your prepaid card. This means that if your employees are required to make a business trip abroad, they’ll still have quick and convenient access to the funds they need.

Please note, there’s a small foreign exchange fee for using your card to pay in a different currency.

Can I withdraw cash from a prepaid card?

In the same way you would with a business debit card, you can withdraw money from a Soldo prepaid card using an ATM. Our prepaid cards have withdrawal limits that may vary depending on your account. You can find out more by logging into your account.

How much does a Soldo prepaid card cost?

The size of your organisation or the number of prepaid cards you require will determine which Soldo plan is right for you. We have three options to choose from, each with their own key features.

With the Standard plan, you get access to all our core features such as the use of the mobile app, reporting and integration, and access to our online support centre. The Plus plan offers a more comprehensive solution, including multi-currency support and advanced receipt capture and reporting.

If you are interested in finding out how Soldo can transform your organisation’s spend management solutions, you can try either plan free for 30 days.

For larger organisations, our Enterprise plan comes with unlimited users, cards and wallets, so you can ensure each employee has access to the funds they need at any given time. You’ll also benefit from additional personal account management and professional services.

You can find out more about our pricing online or request a call back for further information.