Telda review

The listed monthly fee is EGP 0, priced in Egyptian pounds, so nothing is owed each month to keep the account open. That sits at the median of €0 for prepaid cards, while the highest prepaid monthly fee listed is €31.38.

It is a prepaid card, not a debit card, so the account does not spend money held in a bank account. The balance has to be on the card first, then spending draws down that balance. Card type matters when you compare, because prepaid and debit cards sit in separate groups.

The card runs on mastercard. Mastercard accounts for 38.5% of the cards listed here, and 43.8% within prepaid cards, so the network is shared with a sizeable share of prepaid cards.

Telda is licensed by the Central Bank of Egypt, and the company's home market is listed as EG. The licence is stated for Egypt, so the regulated account runs in that market. The card you hold is a prepaid card.

Telda was founded in 2021, which makes it a young provider next to long established banks. Age matters less than cost here, since the monthly fee is EGP 0 and the card runs on mastercard.

Skrill charges a monthly fee of €5, while the Telda monthly fee is EGP 0. Skrill is the only one of the three options here with a standing monthly charge, which matters for anyone keeping an account open all year.

It is common. The median monthly fee across the site is €0, though the highest is €99. Among prepaid cards the median is also €0, with a top end of €31.38.

It fits people in Egypt who want a Mastercard and no monthly charge, since the fee is EGP 0. It also suits anyone comfortable topping up, because the card type is prepaid and the balance must be in place before you spend from it.