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Lots of websites continue to write about the FairFX Currency Card

Opodo

More websites than ever are writing about the benefits of the FairFX Currency Card. This follows the publication of research which showed the overall value that the FairFX Card offered compared to competitors in the market.

Opodo mentioned in their article entitled "Travellers 'face hefty forex costs'" that Fair FX discovered that just 4% of travellers understand that they can be charged even when money changing services are advertised as being 'free'.

Easier.com continues the theme in their article ""FairFX.com calls on travel money industry to clean up its act" saying that the worst industry practices identified include:

  • Publicising free services whilst increasing hidden costs
  • Non usage fees
  • Cross-border fees
  • 0% commission / commission free
  • Differential pricing online vs high street branches
  • Poor exchange rates at many airports
  • Misleading guarantees

CompareAndSave.com concluded that Prepaid credit cards 'offer better value'.

The article quoted Stephen Heath (chief executive of FairFX.com), saying: "We are calling on all providers to be clear and transparent about the fees, so that the traveller can decide upfront whether they are happy to end up with less of their currency in their wallet."

He added: "We believe very strongly that travellers need to be aware of these hidden costs."

SpanishNews.es added that FairFX offered "Exchange Rate Relief for Travellers" saying that compared to other travel cash providers; notably Lloyds, Marks & Spencer and the Post Office (UK) the FairFX pre-paid was the clear winner, offering rates at €1.1475. The difference was even more marked when compared with (airport) Travelex.

We’d like to thank everyone for helping to spread the great travel money rates news!

Wednesday 19 August 2009, 04:05pm

Tags: dollar, euro, euro rate, euros, exchange rates, opodo, press mentions, sterling

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