FairFX Currency Articles
Get the best exchange rate on Euros with the FairFX Euro Card, a prepaid MasterCard that allows you to take your money abroad in saftey, and get far better foreign exchange rates.
Compare our great Euro exchange rate with our prepaid currency cards:
If you are getting ready to go on a holiday or a business trip to a foreign country, you will want to compare euro exchange rates, when you are ready to convert pounds to dollars or some other currency. If you compare euro exchange rates, you will find that you can get more spending money for your trip, if you opt for the prepaid currency card, over any other options. While there are a number of ways you can buy holiday cash for your holiday, if you compare euro exchange rates, you will find that the prepaid currency card offers the best exchange rates, the most security and the ease and convenience make it the best choice.
Why Is The Currency Card The Best Choice, When You Compare Euro Exchange Rates?
The reason you get more for your money with the prepaid currency card, when you compare euro exchange rates, is that you can purchase the prepaid currency card online, using the Internet, so there is no office rent overhead, no commissions. This saves you money because there are no middlemen, like you experience with the exchange bureaus or exchange kiosks. When you compare the euro exchange rates at the common places, like the Post Office, HSBC or Travelex Heathrow, you will find that the prepaid MasterCard currency card gives you more for your currency exchange.
What Do I Need To Do, Besides Compare Euro Exchange Rates?
Once you compare euro exchange rates, you will see that the prepaid MasterCard currency card is the best option to get the holiday cash you need. You just need to set up an account, which only takes about five minutes or less and it is part of the initial purchase of your foreign currency and the prepaid currency card. Of course, that is just one of the three options you have to choose from. You can also have the travel cash delivered to your front door the next day, if you order by 2pm and banknotes are available in 21 currencies, which is a better selection than many of the exchange bureaus or kiosks. Once you compare euro exchange rates, you will see that the rates are considerably more attractive than any other options available to get your travel cash and you can even have it deposited into your foreign currency bank account, if that is what you desire.
Safety And Security With A Prepaid Card
If you are looking for the easiest and safest way to get the best currency exchange, this prepaid MasterCard is it. Not only is your online transaction handled through the secure website, but your holiday cash is safe when you travel, as well. With the security of the prepaid currency card, you are much safer than carrying cash to foreign countries and you have the same access that you get with a credit card, except you don't have to worry about the interest charges. If you want the safest, easiest and best currency exchange rate, compare the euro exchange rate and then get your prepaid currency card for your travels.
Wednesday 31 March 2010, 09:22am
If you are planning a holiday overseas, you need to understand the advantages that prepaid currency cards offer over other options. Travel checks and credit cards are some options that people might think of and others might think of going to the bank and getting foreign exchange currency, but the best currency exchange rates are available with currency cards. The safety and security of prepaid currency cards make them popular for holiday travel cash and they are easy to get, safe and secure and offer more flexibility than other options.
Compare the exchange rates on our prepaid currency cards:
The Best Currency Exchange Rates With Prepaid Currency Cards:
When you are going to travel overseas and need foreign currency, it is easy to set up an online account for prepaid currency cards, which give you the best foreign currency exchange rates. Because they don't have the overhead of exchange bureaus or kiosks, you can enjoy currency cards that offer more travel money for your holiday fun or your next business trip. And since with FairFX, your money arrives on a MasterCard, with chip and PIN, you have extra security on your travels.
Travel Cash Options Besides Prepaid Currency Cards:
While prepaid currency cards are the safest and most preferred way to have access to your travel cash, you can also have the banknotes delivered to your home the next day, once you have set up your account. When you go to purchase currency cards, you are given the option to have 21 currencies delivered to your front door through insured mail the next day, which saves time and you get the best currency exchange rates so it saves money, too. In fact, if your transaction is more than 500 pounds, delivery is free, but if it is smaller than that, it only costs 6 pounds to have your banknotes delivered the next day.
Ease of Use That Currency Cards Offer:
No matter where your travels might take you, prepaid cards are a great way to get the things you want and have access to the foreign currency you need, without the need to have cash on you, which makes it more secure than any other means. When you decide to travel to a foreign country for a holiday or business trip, prepaid currency cards are the safest way and you can use them just like a MasterCard, except there isn't any interest and you can access your cash in the foreign exchange rates that are the most attractive, making your travel cash stretch further on your holiday.
If you need to travel and are considering the best ways to take advantage of the best currency exchange rates, consider all of the advantages that prepaid currency cards can offer. They are easy and convenient to get online with your personal computer and they are safe and secure. Currency cards are the best option for the holiday cash you need. Apply now here.
Tuesday 30 March 2010, 03:44pm
When you look at the varying foreign exchange rates from different providers on the internet, you will find that prepaid currency cards offer consistently better value. Have a look at the rates on the FairFX Prepaid Currency Card now, and see just how great a deal you could get.
Compare the currency exchange rates on our prepaid cards:
It is important to compare currency exchange rates when converting your pounds to dollars or other currencies, when it is time to go on holiday and you need to buy travel cash. There are a number of places to purchase your travel cash, but the exchange rates can vary, so you need to compare currency exchange rates carefully. There are several factors to consider when you compare currency exchange rates because some options charge commissions or fees, when you are buying your travel cash.
Market Conditions Set The Basis For Exchange Rates:
When you compare currency exchange rates, it is important to keep in mind that the currency markets establish the exchange rate, but many of the exchange bureaus and kiosks may charge commissions or fees on top of this exchange rate. When you compare currency exchange rates to buy travel cash for your holiday, the cheapest option is the prepaid currency card you can get. Because it is an online Internet-based business, there is no rent overhead and the two-way currency exchanges allow the optimal exchange rate.
Compare Currency Exchange Rates At The Bank:
You can compare currency exchange rates at the bank, but there might be fees and commissions involved there, too. For one thing, you have to compare currency exchange rates frequently because they can fluctuate throughout the day, based on the world currency markets, which banks follow closely. When you compare currency exchange rates at the bank, be aware they might change by the time you get there to exchange your currency and they might be limited to which currencies they have available to exchange.
Use a prepaid currency card to get the best value on your travel money
When you look at foreign exchange rates, you have to keep in mind that many places will be able to convert pounds to dollars, but might not be able to offer you other options, if you are traveling for holiday in a place that takes another currency. When you compare currency exchange rates, there is a way to purchase travel cash and if you order it by 2pm, you can have it delivered to your home the next day in your choice of 21 currencies. The easiest and safest way to get the travel cash you need is to purchase the prepaid currency card that is based on the best current exchange rates. You can purchase the prepaid MasterCard currency card or have the money transferred to your foreign currency account.
If need to purchase travel money for your holiday, be sure to compare currency exchange rates, but when you want the best deal, you will want to consider the ease and security of a prepaid currency card, to make your holiday travel cash go much further. If you compare currency exchange rates, you will find it is the most affordable option and it's easy to get, by using the Internet and your personal computer.
Tuesday 30 March 2010, 09:39am
Buying travel money? Considered a Prepaid Card? If not, you are probably aren't getting the best deal. See how much you could save with a FairFX Prepaid Currency Card.
Have a look at the rates for travel money on our prepaid cards:
Purchasing travel money to spend is essential for anyone who plans on taking a holiday or trip to another country. Years ago there were only one or two options open to anyone who wanted to do this, so the choice was very limited. This meant that there was little point in trying to find out about who would offer you the best exchange rates and so on as your options were so narrow. Today there are so many different places to purchase travel moneythat it can be hard to know which is the best, so it is vital that you do your research to get the best rates around.
Why you should research travel money
As with any kind of financial transaction everyone wants to feel as though they are getting value for money, and purchasing travel money is no different. As it is possible to purchase travel money from travel agents, banks, post offices, online and on prepaid currency cards there have never been so many ways to buy your currency. So as you can see, with so much choice and so many ways to obtain your travel money, you need to make sure that you have thoroughly researched the market. Doing this kind of detailed research will make you confident that you have made the best decision about where to purchase your travel money from.
How to research travel money
The first place that many people start when they want to research anything is the internet. Here you can find a wealth of information on every topic you can think of and that includes information for people wanting to purchase travel money. You might want to see who offers travel money and what their rates are. While online you can also take a look at the exchange rate of the currency you are interested in purchasing.
It is also possible to research rates before you buy your travel money from more direct sources. Some people like to take a look on the high street and check out the varying rates and ways to purchase money to travel with. One of the drawbacks to this is that it can be very time consuming and few people have hours to spend doing this.
What you should be looking for
One of the best ways to make your research work for you is to know what you should be looking for when you purchase travel money. For example you will want to take advantage of the best exchange rates. You will also want to find a way to be flexible with your money and if needed, set the amount that you are going to spend. Using a prepaid currency card is the best way to get the most from your money as you can load a prepaid currency card whenever the exchange rate is good. You are under no obligation to load a set amount and you have the freedom to reload your card at any time during your holiday, should you need to. In fact with so many advantages it is clear to see that using a prepaid currency card to purchase travel money is a smart move for anyone planning on travelling abroad.
Monday 29 March 2010, 05:25pm
If you are tired of paying the huge fees that have become standard when exchanging money prior to a holiday, you aren't alone! More and more people are standing up and questioning why they should have to pay those high commissions just to exchange money that is already theirs for currency of another country. This is why it is now advised that you compare exchange rates for your travel money well in advance of a holiday.
Have a look at the exchange rates for travel money on our prepaid cards:
Exchanging Last Minute
If you are accustomed to exchanging your money just before leaving home or at the airport once you have arrived for your holiday, you are probably paying the most outrageous fees out there. Since you are in a hurry, you aren't likely to compare exchange rates and companies that deal with last minute exchanges know this!
They know you aren't in the frame of mind to be questioning their exchange rates, if you are even paying attention at all. As a result, rates in airports and banks or other exchange businesses near the airport tend to have higher rates.
People who take the time to start shopping around for the best rates in advance of their holiday are the ones who end up paying much less. This only makes sense because it will free up more money to actually be spent on holiday!
Comparing Rates Online
One option to compare exchange rates in advance is to go online. You can now access virtually anything you want with a few keywords and the click of a mouse, so why not try to find the most competitive currency exchange rates online? This is actually the best way to start, but you have to watch out that the sites you use are trustworthy.
For starters, ignore any random emails you receive asking you to click a link and compare exchange rates. Many of these sites are set up for phishing, which means they are there to collect your personal information rather than to actually exchange your money.
Another word of caution is to avoid exchange websites offering "commission free money," as there is really no such thing as legitimate exchanges without any form of commission. The trick here is that they offer you a higher exchange rate while waiving the typical "commission fee." You are still paying the fee, but it is deceptively hidden in the exchange rate.
If you compare exchange rates from one site to another you will catch these little scams!
Prepaid Options
You never know exactly how much currency you are going to need when you go on holiday, so the new options of purchasing prepaid currency cards are probably going to be your best deal. You can still compare exchange rates prior to leaving for your holiday, but you will be able to purchase your currency and have it placed on a convenient, completely safe Mastercard or Visa which can be used around the world just like any other credit card.
What is so beneficial here is the ability to compare exchange rates prior to purchasing your currency and then have a safer way of carrying your money around once you leave for holiday. While you may still want some local notes on hand while on holiday, the bulk of your travel money should be secured on a prepaid card where the fees are noted upfront at the time you place currency on the card.
Monday 29 March 2010, 03:32pm
Get the a great currency exchange rate when you travel with the FairFX prepaid currency mastercard. See how much you could save!
Have a look at our best currency exchange rates with our prepaid cards:
It's important to find the best currency exchange rate when travelling abroad. Whether you're going on holiday or a business trip, you want to get the most for your money. There are plenty of options available to you for exchanging your currency: Pre ordering your desired currency from your bank, the Bureau de Change, using your bank card or credit card, and prepaid currency cards. Currency exchange rates are always fluctuating. But which option provides you with the best currency exchange rate?
You can pre order your selected currency from your bank. Although you must order your currency weeks in advance of your intended travel date. All banks charge a commission when ordering foreign currency. Commissions vary from bank to bank. Banks also charge a commission to exchange your foreign currency when you return home. It's always best to watch the currency exchange rates and try to lock in on the best exchange rate. This also means you'll be travelling with a lot of money. This is not only unsafe, but travelling with a lot of money in your wallet makes it hard to stay within a budget. When travelling in the UK and Europe, there are many Bureau de Change that will exchange your foreign currency. Such places aren't readily available within the U.S. and most small community banks will not exchange foreign currency. The Bureau de Change are located in airports, shops and banks in the UK and Europe. The Bureau de Change also charges a commission to exchange currency. Sometimes the Bureau de Change's exchange rates are higher than a bank's. Especially in more convenient Bureau de Change locations like tourist shops.
Another option is to use your bank card or credit card to draw out money as you need it, which is very convenient. But it also means you are subject to your bank's charges and the charges of the cash machine you use. In addition to being subject to fluctuating exchange rates every time you use your bank card or credit card, it's hard to monitor how much money you're spending and what extra charges are being added. It's also difficult to stick to a budget this way.
One of the best options available for converting your currency while travelling abroad are prepaid currency cards. Prepaid currency cards allow you to set a budget for yourself and stick to it. Any charges are paid when you set up your prepaid currency card. So there are no additional or surprise charges. You pre-load your prepaid currency card with your desired currency, which allows you to lock into a currency rate and optimise the best currency exchange rate available. You can use your card at most cash machines and prepaid currency cards are accepted at most shops and restaurants worldwide. It's like using your bank card or credit card. Unlike your bank card or credit card; You don't have worry about the fluctuation currency exchange rates every time you use it. You can keep your prepaid currency card for future travel and re-load it as needed.
When looking for the best currency exchange rate while travelling abroad, be sure to explore all of the options available to you. The most secure, widely accepted option that helps you stay within your budget and doesn't charge a commission is prepaid currency cards. Prepaid currency cards are the best option for value for your money.
Monday 29 March 2010, 09:39am
Go to Google and put through a search for travel money and you will be hit with thousands of websites promising commission free travel money. While it sounds like a great deal to order your money online and avoid the costly commissions, the idea of commission free travel money is a myth that has fooled far too many people.
Have a look at our great travel money rates:
Commission Free Money: The Truth
When you see someone promising commission free travel money, understand that they are not offering to convert your money into the currency you need for your next vacation completely fee-free. They may want you to believe that you are getting an excellent deal, but it is guaranteed that you are paying more than you should have to.
In most cases, they are not giving you a fair exchange rate. While the competition used to be who could give the most competitive exchange rates while offering reasonable commission fees, the game has changed today. Companies are now trying to fool the consumer into believing there is no commission, while they offer a less competitive exchange rate. The extra money collected through the higher exchange rate is the same thing as a commission.
This is why it is so important to compare exchange rates well in advance of your trip abroad. You don't want to just use your credit and debit cards overseas because you will incur lots of fees that will rob you blind, but you also don't want to just quickly exchange your money at the last minute because you will end up with a much higher exchange rate.
Money Exchange Options
There are quite a few options for exchanging your money prior to a trip:
- Airport Exchange Kiosks
- Banks
- Credit Cards (such as American Express)
- Travel Agencies or Discount Services (such as AAA)
- Currency Exchange Websites
- Prepaid Currency Cards (Visa or Mastercard)
If you're exchanging money at the airport you waited too long to take care of business! You are already on your way or have arrived in another country and need money on the spot to make purchases. You don't have a lot of options as far as comparing exchange rates at this point.
Comparing Exchange Rates in Advance
The best option is to go online in advance of a trip and start comparing exchange rates. You can go to your bank or credit card company's website and see if they do money exchanges. Many banks now have this service online and some credit card companies such as American Express do as well. Get their rates, but don't commit just yet.
If you have a membership to AAA or other travel related organizations, check their exchange rates as well. You may want to check into a couple money exchange websites, but be careful because many are scams just waiting to collect your bank information and run. If you know of a completely legitimate site, check their exchange rates as well.
Finally, look into prepaid currency cards which can be used just like a credit card around the world. You will be able to load these cards with the currency of your choice prior to a trip and save tons of money on fees! While there is no such thing as commission free travel money, there are ways to know upfront what your fees are going to be so you can better plan your expenses. Prepaid cards are the cheapest and most effective way to spend travel money. Find out more.
Friday 26 March 2010, 09:32am
How do you get your Euro travel money? If you`re paying higher rates on a credit card or at the airport, try a FairFX Currency Card and see how much you can save on your next trip!
Have a look at the great rates for Euros on our travel money cards:
The global economic crisis has led to instability in the currency market, in that exchange rates are changing all the time and this will affect how much euro you will receive for your pound. As your holiday approaches you should think of shopping around to see where you can get the best currency rates.
You may not like taking too much ready cash with you when you go away as you pay for most things on your credit card; however, it never hurts to have some cash available when you go abroad. There is a tendency for many travellers just to wait for their travel agent and to buy their currency through them, but this is not always the cheapest way of doing things. You should shop around for the best deals on euro travel money, just as you would for anything else. When it comes to currency exchange, all rates are not equal. If you have already paid a great deal of money for your approaching holiday, then it makes sense to save some cash on your currency. There are a number of places where you can buy the currency you need without having to go with the rate offered by your bank or travel agent. Most people, for example may not be aware that it is possible to buy a currency card, or to get your foreign money at the local post office. Whatever you decide you should never leave getting your euro travel money until the last minute.
It is true that rates change daily but if you leave getting your currency until late on in the proceedings you could end up spending a lot more on it than you first intended. When you leave currency until the last minute, exchange bureaus may take advantage and raise their service charges because they know your options are limited and you could pay as much as £35 for your currency. Several businesses list their currency exchange services on the internet so you could begin your search for cheaper foreign currency online. While you are abroad, remember to spend all of your loose foreign currency, as many currency dealers will not refund on anything less than a certain denomination note.
You may not know it but a bureaux de change that says it does not charge for currency exchange, could prove expensive because you may get a lower rate of exchange. Before you buy anything you should compare at least some of the offers from online exchanges as this will give you a better picture of what is going on. Many online exchanges have collection points for you to collect your foreign money before you go away at airports and bus and rail terminals. When you do go to buy your euro travel money you may find that you can opt for One thing you should never rely on is using your debit card to draw out money when you are away as you will be charged for this and it could well wipe out any other savings you have made. Getting your euro travel money early will save you a deal of grief at a later date.
Thursday 25 March 2010, 05:13pm
If you plan to travel this year, you want to be prepared by carrying the right type of currency. As soon as you get off the plane, you will be spending your holiday money on a cup of coffee or a taxi ride.
Have a look at the great rates on our travel money cards:
You can carry cash with you and convert it when you arrive in the new country, but you won't be able to buy anything or do anything until you stand in line to convert. Carrying cash is dangerous, and it is easy to lose or become stolen when you reach in your pocket for a couple of dollars to buy a cup of coffee. You should also keep in mind that there are fees charged to change travel money.
Prepaid Debit Cards
It's becoming the safest way to travel with money. Losing money is horrible and leaves you with limited options, especially if you don't have a lot of money to begin with. When you send money to a prepaid debit card to Europe, you will pay with U.S. money. Then when you are in Europe and purchasing something, it will automatically pay for it in Euro. The same thing goes in other countries as well. In England it will be pounds instead or euro. In Denmark and Sweden, it will be Kroner instead of euro. In Bulgaria, it will be Lev instead of euro.
A prepaid debit card is accepted anywhere a debit card is accepted. You can also use them at ATM locations all around the world. When you use a prepaid debit card, you can transfer large sums of money without it costing you a lot. The fees that are charged for large transfers are affordable.
Transferring frequently
If you have friends or family that are located in another country, it may be up to you to send them money. In the past, you would need to send money using Western Union. This would not only cost you a lot of money but it would require that you find a location to send them money from. Some prepaid cards are reloadable, so you can send money on a regular time schedule.
Avoid the unexpected
Before you make your initial deposit in a prepaid card, you want to make sure that you are aware of all the fees that will be charged to your card once it is activated. Although the fees may be small, there may be several small fees, which can add up to a lot of money. Some cards charge more than others and this is what you need to watch out for. Everyone who travels has their own horror story of how they lost their cash or couldn't find a place to change travel money. Having a prepaid debit card will ensure that you will have money when you need it the most.
Enjoy your vacation and don't worry about the money. You have other things to see and do.
Thursday 25 March 2010, 09:50am
No matter where life takes you, you need to have access to sufficient resources along the way. This is especially true if you are on vacation or in an area where you are unfamiliar with the local currency. In this situation, it's important to be able to make the transition from your local currency to the currency of the area you are visiting. There are several options that you can use for money exchange rates, but some are better than others.
Have a look at the great money exchange rates on our prepaid currency cards:
What are prepaid currency cards?
Prepaid currency cards work along the same lines as prepaid debit cards, only they are used to purchase foreign currency. These cards are usually linked to your current account, and money is loaded from here. You can choose the amount that you load onto the card, and many of the prepaid cards available now will not charge you to load amounts of over £500 onto the card. It is possible to load a prepaid currency card at any time, so if you run out of money during your holiday you can easily top it up. Having such a card means that you do not have to carry cash with you as you can use an ATM to withdraw money while you are on your holiday.
Prepaid currency cards are also very good for anyone who not only wants the cheapest exchange rates but who also wants to make sure they do not overspend while they are abroad. To take advantage of this simply decide on your holiday budget, have the funds in place and load your prepaid currency card when the exchange rate is good.
Prepaid currency cards VS other methods
There are other ways to purchase foreign currency such as visiting the travel agents, going to a bank or post office or even buying online. All of these methods are easy enough, but the exchange rate you receive can vary quite a lot which means that you could get less currency. However, if you are looking for the cheapest exchange rates you will find that you will pay more to have money exchanged into foreign currency. So with this in mind it is clear to see that prepaid currency cards do offer you the cheapest exchange rates.
Many people who use prepaid currency cards will keep an eye on the latest exchange rates and load their card when they can get the most for their money. By using this type of approach it is possible to load your card at times when the exchange rate is good and build up your holiday funds prior to your departure.
Can you get the cheapest rates with prepaid currency cards?
As shown when you decide to use a prepaid currency card to get your holiday money you can get the cheapest exchange rates by topping it up at the right time. By watching the exchange rates closely you can see when you will get more currency for your money. So if you are looking for a way to maximise your money and benefit from cheap exchange rates, you should look towards a prepaid currency card. Not only are they straightforward to obtain, they are easy to load and you can get some of the cheapest exchange rates around.
Wednesday 24 March 2010, 01:54pm
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