3 Moments That Basically Sum Up Your Prepaid Currency Card Experience
Prepaid currency card travel plans have become increasingly popular as many travellers find that they can cut costs by buying their own prepay credit card instead of paying for accommodation, meals, and tickets. Prepaid cards can work in conjunction with other travel accessories, or independently. They can be purchased at a variety of outlets such as petrol stations, supermarkets, convenience stores, and online. It's always important to do your research when choosing the card that suits your needs.
Most specialist credit and debit cards come with few added fees and can provide a borrowing facility – this can be helpful to pay for unexpected emergencies while you are away. Moreover, if you are using a pre-paid currency card for a single purchase costing up to 30,000 and less than 100, you will also receive section 75 protection. Travel money cards tend to be more expensive than traditional cards due to the different rates of interest that they charge. However, many travellers find that they like to use these cards for overseas spending. Some travellers choose to use cards even when travelling within their own country. This allows them to spend more on air fare, accommodation, and car hire than they would with cash.
You can transfer your prepaid currency card balance between multiple currencies using one of the two international transfer systems currently available: The Eurozone transfer system and the Asian Financial Institutions Transfer System (AFIS). Each of these offers the option to transfer up to four different currencies at a time between European, Asian, or US Dollars. This allows you to carry one type of bank account with you when travelling within the EU or Asia-Pacific regions and another when you travel out of the continent. Transfer fees will be charged according to the currency that you are transferring to your host country.
When you perform a comparison in Google or any of the other major search engines you will find that you can make use of the comparison table feature to help you find the best travel money card from the start. In this feature you can see prepaid currency card offers from all the top banks side-by-side. You can then choose the one that best suits your needs.
You may wonder why it is important to choose a good card when you are travelling. The answer lies in the fact that using your current bank account as a form of payment when shopping or dining out can often get you better exchange rates than carrying around your credit cards. To see how much you stand to gain by switching to a prepaid card, check the exchange rate table that appears on the back of your current account. Then compare this against the rate that is offered on your new prepaid card.
Many people do not realise that there are also many fees associated with prepaid travel cards. If you choose to pay the fees up front before being allowed to use your card overseas, you may actually be avoiding a large number of savings that could be enjoyed if you were able to take advantage of cheaper exchange rates when shopping or dining out. The fees that are involved with these types of cards include the annual service fee, the ATM fee and an annual membership fee that is based on the amount of credit that you wish to keep on record. Check the annual percentage rate carefully – you do not want to sign up for an offer that has a higher APR than the one you are currently paying.
It is very easy to get one of these cards because they do not require a bank account. All you need to do is visit an ATM and insert money into your pocket. No hassle, no complications, just convenience and ease. If you choose to use the money you put into your travel cash advance, you have instant access to the cash you need. You can either spend the cash in one convenient location or take it out to where you are going to spend some time relaxing, whether that is at a restaurant or bar or even shopping.
The process is simple. You can get one of these prepaid euro cards from any number of companies that specialise in these travel cards. Before you know it you will be enjoying all the benefits associated with this type of currency. These cards are also handy for those who may be travelling to Latin America or any other part of the world where the exchange rates are far lower than those seen in the UK.
Home » Westpac Global Currency Card – prepaid currency card
Compare Prepaid Multi-currency Cards Sterling Currency Card – prepaid currency card
Seven Currencies in One Card! Safer, Simpler Travel with – prepaid currency card
Post a Comment for "3 Moments That Basically Sum Up Your Prepaid Currency Card Experience"