Prex review

There is no monthly fee, so charges run UYU 0 for the account. That is the cheapest possible holding cost, and it matches the lowest monthly fees in the prepaid ranking, which top out at €31.38.

Prex is a prepaid card (prepaid) on the Mastercard network. Spending is limited to the balance loaded onto the account, so the card works on stored value rather than a credit line.

Prex lists multi-currency, crypto and travel as its features. That is a broader set than the average prepaid card, and travel features are common among prepaid rivals, while crypto is offered by a smaller share.

The card is run by Econstar S.A., and the licence comes from Banco Central del Uruguay in Uruguay. The account is therefore built around the Uruguayan market, which matters if you spend elsewhere.

Support runs on email, chat and phone, so you can reach the team by email, chat or phone. That covers the common channels, though help is arranged through the Uruguay operation rather than a wider local network.

The stated audience is kids and business, which makes it a first card for younger users as well as a spending account for business money. Business cards make up 100% of that ranking, so the business angle is well covered.

Travel is one of its listed features, alongside multi-currency, so holding several currencies in one prepaid account is the main reason to pick it for a trip. Currency conversion costs are not listed for the card.

On monthly cost, yes, since charges run UYU 0 against a monthly fee of €5 for Skrill. The trade-off is that Prex is a single prepaid account with crypto and multi-currency features rather than a broad payments platform.