Pre-paid currency card may well be the best way to take holiday spending money abroad...

Major newspapers are now picking up on the fact that a pre-paid currency card may well be the best way to take holiday spending money abroad.

In an article in today's Guardian they say that 'pre-paid can be a fantastic form of plasic'.

Our chief executive Stephen Heath discusses how he feels about consumers being told that they are receiving 0% commission...

"They think it means they are not paying for their foreign currency when, in fact, they are through the exchange rate they are given. Companies make their money from the difference between the market rate they pay for the currency and how much they sell it on to consumers. By dealing in volume, over the internet, we can keep our margins very narrow and give people more euros or dollars for their pounds."

Related articles:
• Nationwide to charge for FlexAccount overseas cash withdrawals
• Currency cards review
• The main point is the rate...
• 'Mind the gap' with the Guardian
• The Prepaid Currency Card without monthly usage fees
• TENS of thousands of consumers buying dollars and euros on currency cards to avoid high airport rates
• Independent Prepaid Cards Review
• £500 bought 576 euros, the best deal of all
• Cards can work out cheaper than using a debit card
• The Spirit of the Blitz – Surviving the Currency Crunch

Sunday 20 July 2008, 01:54pm

Tags: currency card reviews, currency discussion, currency exchange, guardian, opodo, press mentions