If you use the FairFX travel money card, you will get much better tourist exchange rates when you're abroad. Compare our rates now, and see how much you could save!
Here is a look at the various tourist exchange rates you will get with different options.
Cash, although simple to use, is not very secure. If someone were to steal the cash you have on you, you are just out of luck, as there is no way of getting it replaced. If you do decide to be brave and use cash anyways, you will still need to exchange it for the local currency used in the country you are visiting, so you will need to look at the tourists exchange rates to see how much your money is worth in foreign currency. If you are using a popular currency like the Euro or US Dollar, you may not have to convert it, as many businesses will likely accept it. But you won’t know until you get there and this of course depends on where exactly you will be traveling to.
Another option is to use a credit or ATM card. Using a card is a secure, fast and convenient to buy travel money at the best tourist exhchange rate. If your card gets stolen, you can have it cancelled with a quick phone call and a replacement card will be on its way. The one downside to credit cards is the accumulating interest that will build up over the course of your travels, unless you plan to pay the card off in full that month. ATM cards are just as convenient, but depending on where you are going, it may be hard to find an ATM machine to use.
Another currency exchange tourist option is to use a prepaid travel card. This option will give you perhaps the best tourist exchange rates possible, usually 2-8 percent better than using cash or traveller’s cheques. These will be accepted anywhere that Visa and MasterCard are taken. These cards are just as easy to use and carry as credit cards and offer even better security with a prepaid limit, which means that the rest of your account isn’t accessible to thieves.
Apply today with FairFX, and see the great rates we offer with prepaid currency cards.
Monday 08 March 2010, 09:46am
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