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money Saving Expert

With most people re-evaluating their more exuberant spending habits, we’d like to ask the question - Should everyone start taking solvency tips from students?

After all, students are right at the heart of receiving up-to-date financial health advice from experts like Martin Lewis or from finance-focused newspaper journalists.

A recent article to offer great money-saving tips is one that was published in the Times in August… and we’re really happy that one of the recommendations was the FairFX Travel Money Card!

The article highlighted that if students are taking a gap year before university, or if they’re planning on travelling during the holidays, a pre-paid card could be useful.

It confirmed that for travel in Europe and America, the Fair FX card offers one of the best deals. Click here to read the article in full.

Friday 18 September 2009, 10:51am

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

Have you seen our TV advert yet? What did you think of it!? (You can view it below). Why don't you leave your comments on YouTube!

Thursday 30 July 2009, 12:01pm

Tags: fairfx, travel cash, travellers, travel money, travel tips, tv, tv ad, video, withdrawing cash

FairFX Travel Money Card Chief Executive Stephen Heath being interviewed on CNBC

Wednesday 13 May 2009, 01:15pm

Tags: fairfx, opodo, publicity, stephen heath, travel money, travel money card

New findings from uSwitch.com suggest that consumers will pay £754 Million in fees this year for using their credit or debit card abroad. This figure is 6% higher than in 2008.

In an article in the Daily Express, they went on to explain that the average exchange rate loading fee is 2.75 per cent for credit cards and 2.09 per cent on debit cards.

Click here to read the article in full and find out which travel money card uSwitch.com recommends.

Tuesday 21 April 2009, 01:49pm

Tags: daily express, fairfx, opodo, prepaid, travel money, travel money card, uswitch

In the video below, Stephen Heath, FairFX Chief Executive calls for greater transparency in the foreign currency exchange industry. View his comments on the foreign exchange industry at 3:10 and his explanation of why the FairFX Travel Money Card is different at 7:10.

Wednesday 08 April 2009, 04:49pm

Tags: 0% commission, 0% myth, cash abroad, currency exchange, fairfx, foreign exchange, opodo, skynews, sky news, stephen heath

Nice to see that FairFX constantly get positive, independent testimonials on website forums.

Two forums which regularly discuss the FairFX Card are The Dibb and DIS Boards.

Here are links directly to the posts which discuss FairFX:

The Dibb: http://www.thedibb.co.uk/forums/showthread.php?t=272643

DIS Boards: http://www.disboards.com/showthread.php?t=2077053

Thursday 12 February 2009, 12:36pm

Tags: currency card, currency card discussion, currency card reviews, dis boards, discussion, fairfx, forums, opodo, the dibb, travel

One of the fastest growing social networks on the web is Twitter, and it's being embraced by companies at a rapid pace.

Perhaps you're already using Twitter and you'd like to nominate somebody else for the coolest Twitter page?

We've been using Twitter for a few months now and we're slowly building our band of followers who like to receive the latest currency exchange rates as soon as they're published.

Thanks to articles like 'The Travel Industry and Twitter' we're starting to see an almost daily increase on out Twitter Followers.

So much so that we've decided to offer our Twitter Followers a little Christmas present... a free FairFX Currency Card. Simply follow us on Twitter and we'll send you a direct message with the special free card link!

Merry Twittering!

Wednesday 17 December 2008, 02:27pm

Tags: currency card, currency card discussion, fairfx, fairfx talk, offers, twitter

In light of the current turbulent financial climate, we would like to take steps to re-assure all our customers about the extremely strong financial position of FairFX and the security of our card.

1) Newcastle Building Society is a well capitalized “mutual” Building Society. Both Northern Rock and Bradford & Bingley were Building Societies that “de-mutualised” and became Banks. This means they became floated companies maximizing profits rather than organizations that re-invest any profits made and exist for the benefit of members. Newcastle Building Society does not fall into this category.

2) Newcastle Building Society is in a very strong financial position as, unlike banks, it is predominantly funded by retail balances of its members.

3) Money loaded onto a prepaid card issued by NBS remains owned by the customer

4) Money is held in a completely separate designated ‘client account’ which is ring-fenced under FSA regulations.

5) Newcastle Building Society has ‘step in rights’ so that in the unlikely event of FairFX having a problem, the Society would resume control of the scheme at no loss to the prepaid card holder

6) Should the Society’s rating be downgraded, this would be due to the ratings agencies being focused on how the longer term impact of the credit crunch could impact the sector, and would take Newcastle Building Society in line with most other societies. Currently, Newcastle Building Society has strong credit ratings from all the major credit agencies.

7) FairFX has no bank borrowings and is in a sound financial position.

Friday 10 October 2008, 03:21pm

Tags: fairfx

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