Prepaid currency cards are the best option to save yourself cash when buying travel money. They are more secure, and give you much better exchange rates than buying cash. See how much you could save with a FairFX card now!
Carrying a prepaid currency card with you on a trip or vacation overseas is a wise decision. Travel money review shows that prepaid currency cards provides a great way for you to control your spending. Opening a prepaid currency card is similar to managing a checking or savings account. Once money is deposited in your account, you will be given a prepaid currency card and it can be used like a regular credit card, only that it is designed for spending money abroad.
Since your money is being limited on the amount that you deposited on your account, you can't over spend your budget. In addition, there will be no membership charge and no interest charge. Hence, travel money review confirms that prepaid currency cards give you a better deal with your money.
A Close Look into Currency Cards
Prepaid currency cards are quite new but their popularity is rising fast. It is because these cards offer convenience. You won't have to go to the bank or exchange agencies to get money. It is a payment card that can be used to pay hotel bills, services and purchase items. You also get 24 hour access to your cash because it can be used to withdraw cash from ATMs to over 160 countries worldwide.
The Benefits of Currency Cards
Using a prepaid currency card offers the following benefits. First is easy access. You can get a prepaid currency card even if you have been refused for credit cards due to a bad credit rating. You also don't have to worry about paying bills and interest rates. Next is security because a prepaid currency card requires a PIN number before you can withdraw your cash.
Third is budgeting, since you can only use the available money in your account, prepaid currency card is a great way of controlling your spending. Prepaid currency cards can also be used to transfer money abroad. When you are on a trip overseas, you can deposit funds into your prepaid currency account through the internet or telephone in the case of an emergency.
They Also Offer Security
Fortunately, a prepaid currency card is not linked to your bank account which leaves your savings protected. For example, if your card has been used by a thief, the only amount that he can get is the amount available in your prepaid card.
What's more, carrying a card makes your cash less prone from being lost or being stolen. In the case this happens, you can still get your cash with the insurance that is issued by the card provider and you can also report your loss to a customer service hotline of the card provider. The company will cancel all transactions in your account making sure that your money is safe. You can then transfer the balance to a new card.
Prepaid currency cards are a worry free way to spend money on your travels. They have less exchange rate fees, are handy like a debit and credit cards, and you will have full control over the amount you spend.
Get a FairFX card today and take advantage of better holiday money rates.
Thursday 13 May 2010, 04:47pm
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