If you’re jetting off on holiday soon, you’re probably starting to think about your travel money options. If you don’t fancy carrying around wads of cash in your pocket, or you’re hesitant to use your bank card abroad in case you’re hit by a lot of unforeseen fees then a prepaid currency card might just be exactly what you’re looking for.
What exactly are prepaid cards?
The simple answer is: they’re the convenient and easy way to carry your travel money. With a prepaid travel card, simply load up the card in the currency you need before you depart and you’ll be able to use it on your trip abroad in stores, restaurants, and hotels.
Benefits of a prepaid travel money card
Budget for your trip
With all those delicious meals out and spectacular sights to see, it can be easy to overspend on any trip. A prepaid travel money card is a great way to help control your spending. Simply plan out your budget or decide your spending limit and only top up your card with that amount so you can keep track of your outgoings as you carry on enjoying your trip.
Lock in the exchange rate
If you’re looking to get a great deal on your travel money, you’re probably used to keeping an eye on the exchange rate. Or even if you’re not, it’s useful to know how much that tropical fridge magnet is actually costing you in pounds!
With a prepaid card, the exchange rate will be locked in at the rate that you top your card up with. This means that waiting until the rate is favourable to top up your card could see you score a great deal on your currency. It also protects you from any rate fluctuations, where the value of the pound could change right in the middle of your trip!
Withdraw cash from an ATM
If you’re wondering how to get cash from a prepaid card, wonder no more! If you like having some cash with you when you’re abroad, then you can access the cash on your prepaid currency card through an ATM. Just remember to keep in mind that some ATMs will charge their own fees, even if the prepaid card itself has no fees for ATM use.
Travelex prepaid cards
We’re not here to tell you what the best prepaid travel card is, but at Travelex we offer our very own prepaid currency card: the Multi-currency Cash Passport.
- Available in 10 currencies: euro, US dollar, Canadian dollar, New Zealand dollar, Australian dollar, Swiss franc, Turkish lira, South African rand, Thai baht and British pounds (GBP only available in store to load).
- Use just like a debit or credit card wherever you see the MasterCard® Acceptance Mark.
- 24/7 Global Assistance - replacement funds up to the available balance on the card if lost or stolen ready to be collected in 24 hours. (Subject to availability)
- Chip and pin protected and not linked to your bank account
Getting your hands on a Travelex Cash Passport couldn’t be simpler
Order online and you’ll be able to choose between secure home delivery and collection from one of our stores in as little as 4 hours. Or if you prefer, you can head to one of our stores to order your card in person from one of our team.Order online Find a store