Reloadable prepaid cards for business use

Soldo’s reloadable prepaid cards help you make the strategic one-off, ad-hoc purchases you need to make without the long approval times or cumbersome procurement processes.

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

The benefits of reloadable cards for your business

Precise and efficient spending

Instantly set up dedicated physical or virtual reloadable prepaid cards for different departments, projects or locations. Assign these cards to one or more team members so they always have the funds they need. No need for petty cash or employee reimbursements.

SIMPLIFY BUDGETS

Eliminate overspending

Without built-in limits, it’s easy for your employees to overspend on credit cards.
Soldo reloadable prepaid cards let you allocate budgets to specific teams or projects. Automatic alerts and easy top-ups give you full visibility and control over spending, ensuring each penny is accounted for.

CONTROL SPEND

Set clear limits

Spending over credit limits is bad for your business, racking up interest charges and denting your business credit score.
Soldo prepaid reloadable cards let you set exacting limits on spending. You control how, where and when your employees can spend, ensuring they use funds precisely as intended.

ENABLE EMPLOYEES

Make funds easily available

Handing out credit cards to all your employees is a recipe for card sharing and other security problems.
Alternatively, you could set up virtual reloadable prepaid cards with Soldo for small and urgent purchases. This way, you keep tight control over licenses and trial extensions, and can easily cancel as needed.

AVOID MANUAL ADMIN

View automated spending reports

Each month, your team wastes time and resources downloading, cross-referencing and manually coding credit card statements.
With Soldo reloadable business cards, you get a quick, automated view of your entire team’s spending. Managers can generate detailed expense reports at any time, for any time period, for each individual employee. No more manual data entry or guesswork.

SIMPLIFY BUDGETS

Eliminate overspending

Without built-in limits, it’s easy for your employees to overspend on credit cards.
Soldo reloadable prepaid cards let you allocate budgets to specific teams or projects. Automatic alerts and easy top-ups give you full visibility and control over spending, ensuring each penny is accounted for.

CONTROL SPEND

Set clear limits

Spending over credit limits is bad for your business, racking up interest charges and denting your business credit score.
Soldo prepaid reloadable cards let you set exacting limits on spending. You control how, where and when your employees can spend, ensuring they use funds precisely as intended.

ENABLE EMPLOYEES

Make funds easily available

Handing out credit cards to all your employees is a recipe for card sharing and other security problems.
Alternatively, you could set up virtual reloadable prepaid cards with Soldo for small and urgent purchases. This way, you keep tight control over licenses and trial extensions, and can easily cancel as needed.

AVOID MANUAL ADMIN

View automated spending reports

Each month, your team wastes time and resources downloading, cross-referencing and manually coding credit card statements.
With Soldo reloadable business cards, you get a quick, automated view of your entire team’s spending. Managers can generate detailed expense reports at any time, for any time period, for each individual employee. No more manual data entry or guesswork.

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 1.5%.

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

FAQs about reloadable prepaid cards for business

What is a reloadable prepaid card?

A reloadable prepaid card is a type of business debit card you load money onto before making purchases. The amount available for your employees to spend is limited to the funds you load onto the card, which prevents overspending.

You can easily add more money when funds are low using in-built request and approval workflows. Alternatively, you can set up automatic top-ups to ensure your employees always have the funds they need.

What’s the difference between a reloadable prepaid card and a credit?

Reloadable prepaid cards are different to business credit cards in that there’s no credit involved.

Credit cards allow you to make purchases using credit. Spending limits are typically high and there is limited flexibility to change them. You must repay the amount your employees spend within an agreed timeframe. Late repayments accumulate interest charges, potentially creating debt.

With a reloadable prepaid card, you can load the precise amount of money your business can afford to spend. Employees can’t spend more than this amount, eliminating the threats of overspending or debt for your business.

What types of business are reloadable prepaid cards suitable for?

Soldo reloadable prepaid cards are suitable for businesses of all sizes and structures that are incorporated entities. Your plan includes as many cards as you need and you can set up wallets to allocate funds across different departments, teams, projects and individuals. Our easy-to-use software gives you complete visibility and control over spending, no matter how many employees you have.

How secure are reloadable prepaid cards?

You can rest assured that your money and data are safe when you use Soldo prepaid reloadable cards.

We’re authorised and regulated by the Financial Conduct Authority (FCA) and adhere to strict compliance processes. Your money is held independently of Soldo’s business accounts and assets, and we only access it to execute your transactions. Your funds are protected under the UK Payment Services and Electronic Money Regulations 2011 and can’t be claimed by our creditors.

We’re also committed to security and maintain compliance with rigorous industry certifications like The Payment Card Industry Data Security Standard (PCI DSS) and ISO/IEC 27001.

What countries are Soldo reloadable business cards available in?

Soldo is available in all European Union (EU) and European Economic Area (EEA) member states and you can use our cards in more than 210 countries and territories.

How do I get Soldo reloadable debit cards for my business?

All you need to do is make a simple online application. Our eligibility criteria are more relaxed than credit cards and doesn’t involve any credit checks. Apply today and your prepaid reloadable cards could be up and running tomorrow.

How long does it take to receive reloadable business cards?

We send your cards via standard post, which can take 5-7 business days to arrive. We can also ship them via DHL Express at an additional cost.

However, you don’t need to wait for them to deliver to start making purchases. Spend instantly using Apple Pay or Google Pay online or by entering your card details for an online payment.

How do I add money to reloadable prepaid cards?

To add money to Soldo reloadable business cards, you first need to make a deposit into your company wallet. There are three ways you can do this:

  1. Bank transfer, which can take up to 48 hours for GBP/EUR and up to 5 working days for USD
  2. Faster Payments (BACS), which typically appears in the wallet immediately
  3. PayPal, which can take up to 30 minutes for instant transfers or up to 5 working days for standard transfers

Once the deposit to the company wallet is accredited, you can instantly transfer funds to your employee’s wallets. You can also ensure your team always have access to funds by setting up automatic top-ups.

How do I check the balance on reloadable business cards?

You can check the real-time balance of your account or each card and wallet via the Soldo website or app. Alternatively, you can check your balance by text or at an ATM.

What if a reloadable prepaid card is lost, stolen or broken?

You can report a lost, stolen or broken card in the web console or the mobile app, as well as reactivate or replace it. You can also lock a card through the mobile app to instantly prevent spending.

These features and Soldo’s real-time balances and spending notifications help protect you from fraud and theft. If you suspect one of your reloadable business cards has been used fraudulently, though, we’ll investigate and work with you to resolve the situation swiftly.

What if I want to stop using prepaid reloadable cards?

You’re free to close your Soldo account at any time, though we’re confident you’ll love our service.

If you do decide to leave, you can do so by contacting the support team via live chat or via email. We’ll cancel your account, block reloadable business cards and transfer all the funds back to the bank account from which you originally deposited them.