Here comes the vacation season and there is not any reason why you should not be looking for the best vacation destinations all over the world in which to rest and recuperate. Nevertheless, if you are a seasoned traveller, you would definitely be looking at the financial and safety aspects of carrying all that lovely money to be splurged during your vacation, with you.
So, you need to look at these tips which are going to get you the best exchange rate in high street travel money while ensuring that your money is carried to your destination safely!
Further Your Horizons And Get Better Value Online
There was once a time when you are just limited to a given number of money exchange options. You could either convert your home currency into pounds, at your nearest bank or money exchange facility. Nevertheless, you would be surprised to know that there are plenty of places online, which are going to give you a higher rate of exchange, especially when you are changing desirable foreign exchange currency like euros and dollars into pounds.
Traveller's cheques
The days of traveller cheques are fast disappearing. Traveller cheques are secure, but buying them is rather expensive. You would need to pay the service charges to the bank to make out these cheques. You will have to take these bulky cheques to a branch of your bank, while travelling abroad and get them cashed. Until that is done, you will have to make do with the cash you brought along with you for incidental expenses.
Credit Cards And Debit Cards
These are definitely a good way to get easy access to money, but every transaction done on an ATM is going to cost you. And just imagine that you are travelling in a rural area which does not have an ATM. So what are you going to do for money? You also need to notify your banks that you are using their debit cards abroad. Otherwise, you might find your debit card swallowed by the ATM, and confiscated as a case of ATM fraud!
So what is the best travel money option which is going to be safe, and secure?
Try Prepaid Currency Cards
Remember that any person waiting to reach his destination before he exchanges his home currency into pounds at Heathrow Airport or Gatwick is just asking for a lower exchange rate. So why do not you go online and try prepaid currency cards, which are going to give you a much better exchange rate than buying pounds in cash to carry along with you? Not only is this a safer option, but you are secure in the fact that you are not carrying that load of lovely lolly around with you in your money purse.
This is definitely not a sensible option, especially when you have exchanged all your travelling money into cash. Just imagine you being mugged on the streets of London in the worst case scenario! That leaves you high, dry, and wiped out in terms of ready cash.
With prepaid currency cards, you just need to load your money on to a pre-paid currency card. Use it as you would a credit card, to make purchases in shops, or like a debit card at ATMs. This is definitely the safest way in which you can carry your bank account along with you, while travelling to the UK! So what are you waiting for? Get a FairFX prepaid currency card now.
Monday 12 April 2010, 09:36am
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