Pre-Paid Cards: a Cost-Effective Alternative for Foreign Exchange?

If you do decide to go down the pre-paid route

, make sure you watch out for other pitfalls, like activation fees, monthly fees, statement fees, inactivity penalties and reduced legal safeguards for lost or stolen cards. Luckily for all of us there is plenty of information available online to help you make the right choice. Do your homework and you should be able to find the right card for you. Overall I would say this is a handy addition to your wallet: once your pre-paid account is up and running you are all set for those last-minute bargain holidays. Just remember to pack your mobile.

Pre-Paid Cards: a Cost-Effective Alternative for Foreign Exchange?

By: Charlotte Mooney

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