If you’re jetting off on vacation soon, you’re probably starting to think about your foreign currency options. If you don’t feel like carrying around a wad of cash in your pocket, or you’re nervous about unforeseen fees on your credit or debit card, then a prepaid currency card might be exactly what you’re looking for.
What is a prepaid card?
The simple answer is: prepaid cards are the convenient and easy way to carry your foreign currency. 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 at many ATMs, and in stores, restaurants, and hotels.
Benefits of a prepaid travel 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 card is a great way to help control your spending. Simply plan out your budget or decide your spending limit and only reload your card with that amount, so you can keep track of your spending as you enjoy 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 keep in mind that some ATMs charge their own fees, even if the prepaid card itself has no ATM fees.
Lock in the exchange rate
If you’re looking for a great deal on your foreign currency, 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 dollars!
With a prepaid card, the exchange rate will be locked in at the rate that you load your card. Waiting until the rate is favorable to load your card can get you a better deal on your currency. It also protects you from any rate fluctuations, where the value of the dollar could change right in the middle of your trip!
Travelex prepaid cards
At Travelex, we offer our very own prepaid currency card for travel abroad: the Multi-currency Cash Passport.
- Available in 6 currencies: euro, British pound, Canadian dollar, Australian dollar, Japanese yen and Mexican peso
- 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 (subject to availability)
- Chip and pin protected
- Not linked to your bank account
Getting your hands on a Travelex Money Card couldn’t be simpler
Order online and you’ll be able to choose between secure home delivery or pickup from one of our stores. If you prefer, you can head to one of our stores to get your card in person.Order online Find a store