FairFX Press Releases > Travel cash Related Posts
Commenting on the Pound’s recent rally, Stephen Heath, Chief Executive of FairFX.com, said: “There appears to have been a change of sentiment towards the Pound. Sterling is fighting back despite the base rate cuts, and today alone the Pound has strengthened from a low of $1.4365 to over $1.4650. Against the Euro, Sterling has appreciated from €1.12 to over €1.1440.
“The Pound has rallied 8.5 per cent against the Dollar since it bottomed out at $1.35 to £1 in January. There might finally be some good news for holidaymakers planning a trip to the Med, with the Pound gaining over 12 per cent against the Euro since December, when it traded down to an all time low of €1.02 to £1.”
Thursday 05 February 2009, 05:28pm
Commenting on bank customers being asked to disclose travel plans to cut fraud, Stephen Heath, Chief Executive of FairFX.com, said: “There is no doubt any measures holidaymakers can take to reduce fraud are a good idea. Indeed, it is sound advice for all Brits planning to use credit cards abroad to alert providers before travelling to avoid cards being declined.
“However, time poor travellers who want to avoid the inconvenience of ringing their card provider each time they go abroad should consider using a prepaid currency card such as the FairFX.com Currency Card instead. The FairFX.com card is designed specifically for use abroad so people do not have to alert us when they travel.
“The FairFX.com card is also a safe way to spend abroad - the chip and PIN technology makes it much harder for fraudsters to clone cards and the fact it is prepaid, with no credit facility beyond that which is loaded onto the card, means potential losses are limited. The card is particularly useful for people planning to go to the States where chip and PIN hasn’t been introduced and fraud is much more prevalent.
“As well as being the most convenient option and offering superior fraud protection, the FairFX.com card also offers people the best bang for their buck. FairFX.com is currently offering €1.0825 to £1, and $1.4775 to £1 for every £200 exchanged, beating most other providers hands down.”
Wednesday 07 January 2009, 01:54pm
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
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05 February 2009, 05:28pm
07 January 2009, 01:54pm
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