Travel abroad hassle free with travel Forex exchange cards, also known as prepaid travel cards. These cards ensure safety, convenience and save you from carrying huge sums of cash or your regular credit card. All you need to do is pre-load the sum of money that you have decided to budget into your currency card account, select your currency, your card is posted to you that is similar to an archetypal credit or debit card, and you activate your account when you are equipped. You can use the prepaid Forex exchange card anywhere .It is similar to a traveler’s cheque in many ways. These cards are a recent addition to the cards that are available out there and they give you the benefit of loading a certain sum of a specific currency on the card at predetermined Forex currency rates to ensure availability of funds when you travel. You can apply for these cards on the bank’s website and the fund transfer to the card can be made easily.
How are travel money cards better than old-style credit cards?
The key benefit is that you will get a better exchange rate than any of the Forex merchants. Another benefit is that the Forex currency rates of the uploaded funds are fixed, so there will be no surprises after you use it. Old-style credit cards and debit cards normally use the present Forex exchange rate, so you never how much you have spent until you see your bill. When you use a customary credit card or debit card to make a purchase out of the country, you are normally charged a certain percentage of the transaction as a fee for the foreign currency exchange. These foreign currency exchange fees also apply in shops and restaurants; however, a travel money card does not have these allied charges. The Forex exchange rates charged for withdrawing cash with a credit or debit card can be very high, but since you have prepaid the amount on your currency card, there are no fees for the service. Many people find these cards useful when travelling abroad.
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Online Forex Card & International Travel Card 