FairFX Publicity > Press mentions Related Posts
With the announcement that Nationwide will soon be introducing charges for overseas use on their FlexAccount debit cards, the Guardian suggests that customers who still need to find wasy tp make their overseas spending cheaper look to pre-paid currency cards:
"Another alternative is pre-pay cards. These are a relative newcomer to the travel money scene, but work in the same way as a credit card or debit card, and can be used in most foreign ATMs and shops.
The difference is that you can only spend what you have pre-loaded on the card, so they can be useful for budgeting (and security). Leading pre-pay cards include those issued by Fairfx.com..."
You can read the full article here.
Monday 02 August 2010, 03:45pm
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
This weekend, the Sun highlighted the problem of expensive hidden charges that hit customers when they are travelling abroad this summer. In their comparison table, FairFX come out far ahead of the pack, saving our customers £86.01 compared to Thomas Cook, Manchester Airport.
"You can use pre-paid cards at cashpoints and to pay in shops and restaurants - they work just like your credit or debit card. But because you pre-load them with foreign currency, you don't have to pay commission each time you use them.
The best I've found on the market include Fair FX and Caxton..."
Read the full article here.
Monday 12 July 2010, 09:32am
Compare and Save wrote yesterday about the potential issues with foreign exchange with Brits visiting South Africa, especially with 74% of people considering visiting the country this year unaware of the 5,000 Rand limit on taking currency into the country. They suggested the FairFX Anywhere Card:
"...holidaymakers may want to consider applying for a prepaid credit card, such as the FairFX Anywhere Card.
This prepaid card can be loaded with any currency ahead of departure from the UK and used to make plastic card transactions and withdraw money from ATMs without charge in any country."
Thursday 27 May 2010, 09:57am
With many British citizens off to the World Cup in South Africa this summer, knowyourmoney.co.uk has written a great article to raise awareness of the things travellers should be thinking about when they organise their trip. For taking holiday money to the tournament, they recommend the FairFX card:
"The FairFX Currency Card - which allows £5,000 to be placed on it - has a 1.5% overseas transaction fee, making it the cheapest card to use in South Africa and an ideal choice for World Cup travellers. "
Read more of the article here.
Also, have a look at our own top South Africa travel tips.
Friday 21 May 2010, 02:30pm
Today, the Mirror wrote a great piece on saving money this year, with 25 helpful tips to curb your spending.
At number 12 was the FairFX Currency Card, helping you to save on your travel money;
"Don't wait until the airport to buy currency for holidays. It might claim to cost 0% commission but it's the rate per pound you need to check. It can make a huge difference. A FairFX card will give you 1.149 euros for your pound, £200 buys 229 euros. Travelex at Birmingham Airport gives one euro per pound, £200 buys 200 euros. SAVE £78 "
Tuesday 18 May 2010, 09:15am
This Sunday, The News Of The World published an article warning against using credit cards for overseas spending, and instead reccommending the FairFX card to make sure that you dont get cheated buying your currency:
"IT'S easy to pay on any credit or debit cards, but BEWARE.
While card firms enjoy perfect exchange rates, most "load" 2.75 per cent on the rate they give us, so spend £100-worth of euros, dollars or any currency and you pay £102.75.
Then there's ATM withdrawal fees of around two per cent (minimum £2) and 20 per cent-plus credit card interest even if you repay in full. "
Tuesday 04 May 2010, 04:08pm
The money advice website Money Magpie have published a really useful article offering help for those travelling to South Africa for the world cup, or indeed just on a tourist break. In it they recommend the FairFX Anywhere Card as an ideal way of spending your cash over there to avoid losing money on high exchange rates:
"Of all the prepaid cards, (the FairFX card) has the smallest transaction fee – just 1.5%. There are no other charges with the card, with the exception of paying to buy it initially.... If we were taking a prepaid card to South Africa, this would be the one we’d go for."
Read more of the article here.
And you can read our short list of essential south africa travel tips.
Thursday 15 April 2010, 09:52am
The Daily Mail has written a short article about the huge cost of leaving foreign exchange until you get to the airport, to raise awareness of the issue ahead of this summers tourist season.
"Stephen Heath, chief executive at foreign currency provider FairFX, says travellers who buy currency at airports pay ten to 15 per cent more than they need to. At The Change Group bureau in Cardiff airport on Thursday, £200 would have bought you only 190.96 euros. The bureau charged 4.75 per cent commission making the exchange rate effectively 0.95."
Go to the Daily Mail site to read the article in full.
Wednesday 14 April 2010, 03:58pm
This weekend, we had an excellent feature in The Mirror about the high prices that many consumers face when buying currency in airports, and explaining that you should get on the web to get the best rates for your pound. Have a look below.
"...FairFX has a pre-paid travel card that converted £200 into 220 euros on Tuesday. The Post Office offered 209 euros and Marks & Spencer Money converted £200 into 214 euros on the same day.
Stephen Heath, the boss at FairFX said: "Don't be misled by 0% commission offers.
"This doesn't mean that you're getting a good deal. It's the exchange rate that you need to look at.""
Monday 29 March 2010, 09:32am
Latest 'Press mentions' Posts
02 August 2010, 03:45pm
12 July 2010, 10:50am
12 July 2010, 09:32am
27 May 2010, 09:57am
21 May 2010, 02:30pm
18 May 2010, 09:15am
04 May 2010, 04:08pm
15 April 2010, 09:52am
14 April 2010, 03:58pm
29 March 2010, 09:32am
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