Compare Exchange Rates For Prepaid Currency Cards

Compare exchange rates at the various banks and currency bureaus and you will soon

realize that prepaid travel cards are the better option to exchanging your cash. Prepaid travel cards are relatively new but they are growing fast in popularity. This is due to their convenience and low costs. When you convert your currency at the bank you are at the mercy of the ever changing currency rates. With a prepaid currency card, you have essentially locked in your rate. You also pay less when it comes to fees. Banks charge fees of 2% plus an additional three pound transaction fee to exchange currency. Currency cards do not charge transaction fees.

If you opt to go with a pre paid card that can only be used at ATM machines there are cards with the Visa or Mastercard logo that can be used to withdraw local currency from over one million Visa or Mastercard cash machines in more than 160 countries. You have 24 hour access to your cash. This proves to be more convenient than having to constantly go to the bank or exchange bureaus to get cash.

These travel cash cards are prepaid, meaning that you have already loaded the card with a certain amount of cash that you will spend while abroad. If there is money remaining on the account once you have returned from your trip, you can either keep the funds on the card for you next trip or you can withdraw the funds from the card.

You can also choose to purchase prepaid travel cards that can be used as credit or debit cards. Purchases can be made at restaurants, shops and they are also accepted at hotels. They basically can be used the same way you would use a debit or credit card. Funds can also be withdrawn from ATMs in most countries.

Prepaid are secure and protect against possible fraud or identity theft. Your personal checking account at home is safe since these cards are never linked to your accounts. There is also not waiting in long bank or exchange rate bureau lines to get your cash.

If you have any problems with your card or if you need to report it lost or stolen, there is 24 hour customer service available on all cards. If funds are stolen a block is placed on the card to prevent any further loss. You can also establish your own personal identity number to further secure your card.

Prepaid currency cards are an excellent, carefree way to travel with your money. They are less fees. No lines to wait for at the bank. And convenient as any other credit or debit card. Compare exchange rates and see what the options are and you will find prepaid currency cards the optimal solution to your travel needs. You are not limited to how you can spend your money. They also help you control the amount you spend. Currency cards give you one less thing to worry about when on vacation or business travel.

by: Tom Fisher

POST COMMENT

Postcards: Flexible, Innovative, and Effective Calling cards now make long distance calls at cheap rates Things to Keep in Mind While Choosing Free Gift Cards Sweet 16 Invites, Party Invitations and Birthday Invitation Cards Cards on the table International Calling Cards No More Hefty Call Charges Physical View Of Bingo Cards Few Things You Need To Know About Using Usa Prepaid Sim Cards Postcards can be Effective, If you Know the Tricks How to Create Thank You Cards on Your Own International Calling Cards : Get Rid Of Hefty Call Rates Play Smart With Calling Cards! Variety of plastic cards that can be created?