FairFX Press Releases > Holiday money Related Posts
> Stretch your gap year cash on a shoestring
> Save up to €300 or $400 with the FairFX.com currency card
Gap year travellers could be wasting up to €300 or $400 unknowingly by having the wrong foreign spending habits. A better choice of travel money could give their budget some much-needed extra stretch.
As more gap year travellers head abroad this year than ever before, due to university deferrals and redundancies, FairFX.com, the foreign currency specialist, provides some handy tips to make the most of their money:
1) Pre-trip research: research your trip before you go – it’ll be easier to work to a realistic budget. Look at approximately how much you'll need on a daily basis for food, accommodation and activities, and then multiply that by the number of days you will be away. It's often better to over-budget in case of emergencies.
2) Carrying cash: A pre-paid card is the most secure form of travel money, but take a wallet for loose change and everyday spending. Wear a secure money belt under clothing for your valuable documents and any other cash.
3) Extras: If you're planning to do any adrenaline-junkie sports or extra activities, you'll need to take this into account as they’re often quite pricey. Make sure you’ve covered this in your pre-trip budget.
Stephen Heath, Chief Executive of FairFX.com, said: "No one likes to find out too late they could have got a better deal. Anyone heading off now on a gap year could get an extra $426 or €307 if they use a FairFX.com pre-paid currency card (assuming an average spend of £4,000)."
Wednesday 17 June 2009, 02:03pm
FairFX is offering members of the Ski Club of Great Britain the opportunity to apply for a free FairFX currency card) - normally costing £9.95 for a three year membership. This offer can be applied for online via www.skiclub.co.uk.
Stephen Heath, Chief Executive of FairFX.com, said: “Brits keen to hit the slopes despite the credit crunch should ensure their Euros take them further with FairFX.com and The Ski Club of Great Britain. The FairFX.com currency card provides good value, secure access to cash worldwide and could save people up to €10 per £100 spent, and in the current climate every penny counts.
“FairFX.com’s partnership with The Ski Club of Great Britain is the latest partnership with brands of the shared ideology of ensuring customers get the best bang for their buck, and follows collaborations with moneysupermarket.com and Matalan. FairFX.com has seen a rapid expansion since its launch in December 2007 and we plan to continue building the business with further strategic partnerships and significant investment within the company, amongst other drives.”
How does the FairFX card work?
The FairFX Currency Card is a MasterCard chip and pin enabled prepaid debit card. It differs from regular debit cards in two ways. Firstly, the cards are issued in either Euros or US dollars and secondly, funds must be loaded onto the card before they are available to spend. The currency to be loaded is obtained simply by logging on to www.fairfx.com and can be paid for by any sterling debit or credit card or internet bank transfer.
Tuesday 14 October 2008, 10:33am
Whether they are at the top of the Eiffel Tower or in the middle of the American Rockies Brits can now stay in control of their holiday finances anywhere they can use their mobile phone.
FairFX.com has launched an innovative and unique new way for Brits abroad to check their balance, confirm the exchange rate and top-up their holiday money – all by text.
Commenting on the launch, Stephen Heath, Chief Executive of FairFX.com, said: “Now, wherever people are in the world they can find out how much cash they have left to spend, check the exchange rate they will get for their Pounds, and top-up their holiday money simply by texting. This is the easiest way for people to manage their money abroad, and until August 31st the service will be free of charge. After then each text will cost 10p.*
“According to research from FairFX.com, nearly half (48 per cent) of Brits who use credit and debit cards abroad make cash withdrawals from foreign ATMs**. However, holidaymakers could save themselves a bundle by texting a top-up to their FairFX.com card and using that instead of taking out cash on their usual credit or debt card.
“The system development to allow top-ups and balance enquiries via text comes as FairFX.com continues its rapid expansion. Since launching in December 2007 FairFX.com has also formed partnership with moneysupermarket.com and Matalan to supply free cards to applicants via those sites. We plan to continue building the business with further product developments, strategic partnerships and significant investment within the company, amongst other drives.”
Anyone who wants to try the new texting system can access it via the FairFX.com website, and it is open to existing users as well as new applicants.
Tuesday 05 August 2008, 02:59pm
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