Fly off for sun and savings
On Saturday, the Daily Mail featured some travel stories from average consumers using prepaid cards. Those interviewed cited the better exchange rates, security and ability to save on prepaid plastic. Below is the short interview with Charlotte Gardiner, a very happy FairFX customer:
"Social worker Charlotte Gardiner, 24, from Billericay, Essex, has taken out a FairFX card in US dollars for a shopping trip she will take to New York with her cousin next month. After using a euro-denominated card for a holiday in Paris last year, Charlotte says she likes the idea of a card that stops her spending more than she has.
'The main advantage of a prepay card is that it helps me to budget,' says Charlotte. 'I took out the card a few months ago and I have been loading a couple of hundred pounds on to the card online each month when I got paid.
'It has helped me to save up spending money towards the trip, but it also means I can't spend any more once I'm away because there is no credit line on the card. There are charges for withdrawing cash but purchases in shops carry no fee. I have found the exchange rate on my euro card has always been competitive compared to using a bank credit card, so the costs tend to even out.'"
Read the whole article here.
Monday 12 July 2010, 10:50am
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