Are you looking for ways to save money on a trip abroad? Securing a prepaid currency card is the answer to your problem. With it, you will be able to get travel money direct at a competitive rate. Prepaid cards are also cheap, convenient, and easy to use. By using a prepaid currency card, you don't need to go through the hassle of exchanging currencies when you get to your destination.
Purchasing Foreign Currency Online
In buying currency online there are some important things to consider. First is that the online currency exchange company should have a minimum of 2 years of audited accounts, a risk-free service with online order encryption for safe purchase, and they must be registered with the Better Business Bureau.
The advantage of buying foreign currency online is that you can save money on exchange rates and you are also assured that you have the local currency available when you arrive to the country. You don't have to worry about transaction fees on ATM and credit cards. You can order travel cash with FairFX as well, but not at a rate as strong as on our currency cards.
Purchasing Foreign Currency in the Airports
Buying currencies in the airport is advantageous if you weren't able to exchange to the local currency before you got to the country. The airport exchange center is great for last minute emergencies and useful if you didn't prepare beforehand. The biggest disadvantage in buying foreign currencies in airports is the fee. It is very high and you can end up paying up to 15% more compared to other methods.
Securing a Prepaid Currency Card
All the above mentioned ways involve exchanging with cash, which is risky and unsettling. You can eliminate this risk by securing a prepaid currency card. You can get competitive rates similar to buying foreign currency online and you will have travel money direct at a better price.
You can have these benefits without the high fees charged in the airports and on the high street. You will also feel more secure carrying a card instead of money. It's clear that buying prepaid currency cards is the way to go if you're traveling abroad.
A FairFX card gives you better exchange rates and more security than other options for taking money abroad. Apply for your card today to save money on your next trip abroad.
Tuesday 27 April 2010, 09:55am
Prepaid currency cards are the best option to save yourself cash when buying travel money. They are more secure, and give you much better exchange rates than buying cash. See how much you could save with a FairFX card now!
When you need to convert the £ into a foreign currency, the choices for buying travel money might seem limited, yet there can be vast difference in the amount you can expect to end up with after the conversion rate is calculated and the commissions and other fees are added. With the prepaid currency cards, you get the best exchange rates for buying travel money, yet you also get convenience and security that no other options offer.
What Is A Prepaid Currency Card?
You can convert your home currency into a foreign currency quite easily through a prepaid currency card. It is a prepaid MasterCard that works just like any other credit card except you exchange currency before you go on your foreign holiday. Not only do you get the best foreign exchange rate when buying travel money, but the prepaid MasterCard has a chip and PIN to use, making them the most secure option. Because they are so easy to use, and you get the best exchange rates when buying travel money, you can enjoy your holiday with the peace of mind you get from know you got the most from your currency exchange when buying travel money and you have a secure option that is easy to carry in your holiday travels.
Is It Difficult To Get The Prepaid Currency Card?
When you are buying travel money, you want the easiest option because you have many things to do before leaving on your holiday and probably find yourself without adequate time. With the prepaid currency card, you can use your personal computer, sign on the Internet, open your foreign currency account in a matter of minutes and complete the purchase for buying travel money online. Because you can open your account as part of the purchase transaction, when you are buying travel money, the entire process is quick and easy. You can choose from 3 options when buying travel money with your account, but the prepaid currency card is the most popular. Of course, you can have banknotes delivered to your front door or have your exchanged currency transferred to your foreign currency bank account.
Does The Prepaid Currency Spend Like Other Travel Money?
Because the prepaid currency card is a MasterCard with a chip and PIN for security, you can use it anyplace that you use credit cards, which is almost anywhere, worldwide. When you are buying travel money, the prepaid currency card is easy to use in all of the places you will go, including hotels, pubs, eateries and the most popular tourist destinations. Because it is already exchanged currency, the prepaid card makes it easy for you to stay within your budget, and when buying travel money, you have the peace of mind in knowing that you can use the prepaid currency card like you do other exchanged currency options, but you enjoy more security and convenience than any other methods you might choose.
Order a FairFX card today and see how much you could save on your travel money!
Thursday 22 April 2010, 10:33am
Buy travel money on a prepaid currency card from FairFX and you could get much better exchange rates than the airport or the high street. See how much you could save on your next holiday.
How to Buy Foreign Exchange
When it comes to visiting another country, you're always going to have the dilemma of figuring out where and exactly how to buy foreign exchange. This is perhaps one of the most important preparations you should take before leaving on a trip to a foreign country yet is something that can easily slip anyone's mind. Fortunately, there are several options to choose from when you go to buy foreign exchange. However, you want to make sure that you get the very best rate for foreign currency, especially if you'll be taking a long trip and need plenty of money. Whether you're exchanging pounds for euros or yens or even dollars, the exchange rate matters. Here are a few methods to buy foreign exchange and some considerations of each.
Using Foreign Exchange Booths
One of the methods to buy foreign exchange involves taking a trip to official foreign exchange booths in your home country or the country in which you're visiting. These can be banks, post offices, or some other independent foreign currency exchange services. The way you buy foreign exchange through this process is that you essentially buy the foreign currency with your home currency. You either write a check or pay with cash and in return receive foreign cash and currency.
There are a couple major problems with using foreign currency exchange offices to buy foreign exchange. First, you won't be getting the best rate. Since you have little choice but to accept the exchange rate, these currency exchange services usually have a higher markup that you'll pay than other methods that you can use to buy foreign exchange.
Getting ATM Cash
Another method you can use to buy foreign exchange is to simply use your automated teller machine (ATM) card at an ATM machine in the host country which you're visiting. This can be a good idea for several reasons, especially if you need the money in an emergency to pay for a purchase that you need immediately. However, ATM machines are notoriously expensive as they pile on fees for unrecognized bank cards that may be used. In addition, with this option of getting foreign exchange you are essentially automatically accepting the rate of the bank whose ATM machine you're using.
Using Prepaid Currency Cards
As a viable option for purchasing foreign exchange, prepaid currency cards have several advantages. First, currency cards are safer than other options of buying foreign exchange. Since you're not carrying cash you'll be less of a target for muggers. In addition, you don't have to worry about carrying large amounts of money and possibly misplacing your funds. Perhaps most importantly, prepaid currency cards typically give the best foreign exchange rates when compared with other options of buying another country's currency.
As you can see, there are several options that you have when it's time to buy foreign exchange. The safest option to obtain this foreign currency is through the purchase of prepaid cards, which is ultimately more secure than simply carrying cash and provides the best exchange rate as well.
Tuesday 20 April 2010, 10:18am
Buying travel money? Considered a Prepaid Card? If not, you are probably aren't getting the best deal. See how much you could save with a FairFX Prepaid Currency Card.
Purchasing travel money to spend is essential for anyone who plans on taking a holiday or trip to another country. Years ago there were only one or two options open to anyone who wanted to do this, so the choice was very limited. This meant that there was little point in trying to find out about who would offer you the best exchange rates and so on as your options were so narrow. Today there are so many different places to purchase travel moneythat it can be hard to know which is the best, so it is vital that you do your research to get the best rates around.
Why you should research travel money
As with any kind of financial transaction everyone wants to feel as though they are getting value for money, and purchasing travel money is no different. As it is possible to purchase travel money from travel agents, banks, post offices, online and on prepaid currency cards there have never been so many ways to buy your currency. So as you can see, with so much choice and so many ways to obtain your travel money, you need to make sure that you have thoroughly researched the market. Doing this kind of detailed research will make you confident that you have made the best decision about where to purchase your travel money from.
How to research travel money
The first place that many people start when they want to research anything is the internet. Here you can find a wealth of information on every topic you can think of and that includes information for people wanting to purchase travel money. You might want to see who offers travel money and what their rates are. While online you can also take a look at the exchange rate of the currency you are interested in purchasing.
It is also possible to research rates before you buy your travel money from more direct sources. Some people like to take a look on the high street and check out the varying rates and ways to purchase money to travel with. One of the drawbacks to this is that it can be very time consuming and few people have hours to spend doing this.
What you should be looking for
One of the best ways to make your research work for you is to know what you should be looking for when you purchase travel money. For example you will want to take advantage of the best exchange rates. You will also want to find a way to be flexible with your money and if needed, set the amount that you are going to spend. Using a prepaid currency card is the best way to get the most from your money as you can load a prepaid currency card whenever the exchange rate is good. You are under no obligation to load a set amount and you have the freedom to reload your card at any time during your holiday, should you need to. In fact with so many advantages it is clear to see that using a prepaid currency card to purchase travel money is a smart move for anyone planning on travelling abroad.
Monday 29 March 2010, 05:25pm
If you are getting ready for a holiday or business trip, you might need to order foreign currency for traveling cash. In your search for the best foreign currency exchange rates, you might run across several options to order foreign currency. With advanced technology, you can securely order foreign currency from your personal computer, and you will find that you get the best price, convenience and security by using this method.
When you order foreign currency through exchange bureaus or use the kiosks at the airport, you might be surprised to find that you get a better exchange rate when you order foreign currency on the computer. When you set up an account to order foreign currency on a prepaid MasterCard, you get a secure card with chip and PIN to grant you access to your money when traveling to another country. It is easy to order foreign currency using this method and you get more money on the currency exchange by using this method.
Setting Up An Account To Order Foreign Currency:
It is easy to set up an account for the prepaid currency card and it takes as little as five minutes. It is part of the initial purchase process, so you can order foreign currency in a matter of minutes. You have 3 options available to convert your pounds to dollars. You can convert it to the prepaid currency card, which is the most secure way to carry traveling cash, but you can also have the traveling cash delivered to your home or transferred to your foreign bank account. Using the prepaid MasterCard, you have access to your cash from ATMs and you can use it just like a regular credit card anywhere you travel.
Why Isn't This More Expensive Than Other Ways To Order Foreign Currency?
The reason that the prepaid MasterCard currency card offers the best foreign exchange rate is that there isn't the rent overhead associated with exchange bureaus and kiosks. In addition, many of these places charge fees or commissions, but with the prepaid currency card, you can take advantage of the best currency exchange rates because the two-way flow of the currency exchanges work to your advantage. When you consider the savings is passed on to you through better exchange rates than you can get many places, including the Post Office, Travelex Heathrow or HSBC, you get the benefit of ease, convenience, secure transactions and the best exchange rates, when you order foreign currency.
How Can I Fund My Account, When I Am Ready To Order Foreign Currency?
Most high street banks will handle a bank transfer at no cost, making it easy to transfer the funds you need to order foreign currency. You can also use your credit card to fund your account and order foreign currency, but there will be a 1.5% transaction fee and the credit card company will likely charge a cash transaction fee, in addition to charging interest. It is easy to order foreign currency and more secure to have traveling cash, when you purchase the prepaid currency card.
Monday 22 March 2010, 09:11am
Travelling comes with its own responsibility. Depending on the country you are travelling to, you have to ensure you have had all the right vaccinations and are wary of the country's social economy such as high theft rate or kidnapping. However, once all these have been thought about it is important that you carry the foreign currency with you.
Buying foreign currency means that you won't have to use your debit or credit card upon arrival thus preventing any possibility for fraud. While relaxation and enjoyment of the climate might be the key factors on your mind, buying foreign currency before travel also means that you won't spend more than you really need. There are many ways and places that you can purchase your foreign currency, making it easy for you when you are considering buying foreign currency from the many vendors that are available.
Travel store
It is often easy for you to buy your foreign currency while you are at the travel store where you are buying your tickets. This convenience in buying foreign currency is made possible because you are already there and in a sense you are killing two birds with one stone. While this is an easy way of buying foreign currency you still have to be sure you understand what commission they are going to charge you. People forget that they are charged a commission, which means that you end up with less money that you should have. This can be annoying especially if you have calculated online how much you might receive when buying foreign currency.
Bureaux de change
There are many bureaux de change stores where you can start buying foreign currency. These are often located on high streets or at airports. While it might seem like a logical place to go, the bureaux de change will often charge people large percentages when they are buying foreign currencies from them. People who desperately need to have money use this option and it is not a good idea to be in this situation. Being prepared early with your holiday plans will make it easy for you to not have to keep buying foreign currency at such high rates leaving you with less than you bargained for.
Prepaid foreign currency card
Losing your money through fraudulent actions in a currency can be a serious pain. When these things happen it can be hard for you to do the simple things that make you enjoy your holiday. Carrying cash or cheques is not always the best idea as that can make you an easy target to thieves. More and more people are finding that using a prepaid foreign currency card is the best option currently available.
The FairFX card offers some of the best exchange rates around with no hidden fees and the added security of MasterCard. Apply now.
Wednesday 17 March 2010, 02:21pm
There are many us who travel abroad frequently on holidays and business travel. Every time we travel abroad, we either get our currency converted in advance or get it converted into the local currency when we are on the road. This way we try to take advantage of a favorable exchange rate.
However, this involves either carrying cash along with you or using your debit or credit cards. Both these options involve higher exchange rates which are bound to eat into your expense budget substantially if you are not careful with the prevalent exchange rates.
At times, while traveling abroad, it is very difficult to calculate how much money you may require. Quite often you end up spending more than what you would have budgeted for and you end up paying for these additional expenses either through your debit card or through your credit card. Paying through your credit or debit card involves making additional charges by way of fees and transaction charges which can be pretty steep. The best way to get over this is to buy foreign currency online. How is this possible?
You can make this possible by going online and identifying those companies that offer you the best exchange rates. Then look for any other costs by way of transaction fees, and other such charges. You will find that bigger banks and institutions have higher processing fees. These banks charge as high as three percent towards currency exchange rates which is very high in comparison to small banks and other institutions like brokers who can provide this service for you at one third of what banks charge.
But the best way to buy foreign currency online is to identify and select a company that is an expert at low cost online currency exchange. In this regard, take a look at what Fairfx has to offer. Our prepaid currency cards have:
Apply today below!
Wednesday 10 March 2010, 02:48pm
When traveling to a country that uses a different currency than you do, you have some decisions to make. You can take your American dollars to China, for example, and hope that every shop, restaurant and all other businesses accept your currency. Some may not. It would be horrible to be stuck in a situation abroad where you had no money because you couldn't find anyone to take the currency you brought with you. For this reason, it's smart to convert your money to whatever currency you'll need for wherever you're going.
There are several ways to go about this. You can either carry your accustomed currency with you and hope to change it over there, you can change it over here and take it with you, or you can purchase a prepaid currency card online.
Taking it With You
If you decide to take all of your accustomed currency with you, you have the chance of being taken advantage of. Let's say you walk into a shop that converts your currency, American Dollars for example, into Euros, or whatever other currency is used in the country you're visiting. The person across the counter may not speak English very well and therefore you may have a language barrier; which could result in the person shorting you money. Or the shop keeper could be unscrupulous and would gladly rob a foreigner. Unfortunately, the latter happens all the time.
Changing it Here
You can change your money here and then take it with you but there are some drawbacks to that, as well. For one, and this goes for the above example also, you could get robbed. Holding all that cash, and then pulling it out every time you want to make a purchase, can leave you vulnerable to thieves. And it's very common for foreigners to go to a country they're not familiar with and just pull out a stack of bills whenever they want to buy something because they have no idea how much to use. That's just what thieves want, for you to pull out a bunch of bills so they can take them from you.
Prepaid Currency Card
Now, consider if you could purchase currency online. Imagine not having to travel with all those bills. And think of what it would be like to be able to swipe a card, just as you do here, with the currency you need being used in the transaction. This is what you can have with a prepaid currency card. When you purchase currency online, your transaction is safe. You can get your card in the mail and then you can fill it up whenever you need more using your own currency's cards or bank accounts. Using prepaid currency cards, or purchasing currency online, is the only way to travel safely, securely and with the money you need to have the vacation of a lifetime. Have a look at our prepaid card today.
Wednesday 03 March 2010, 09:17am
Regardless of whether you’re an experienced traveler or a first time traveller, you’ll know that money is the most important of considerations when it comes to leaving the country. Good planning means setting a budget of how much travel money you’ll spend while gone, deciding what type of currency you’ll use, and how you’ll get hold of it.
In unfamiliar surroundings, things can get confusing pretty quickly, that’s why if you order travel money before you leave online, you’ll feel prepared and it will make all the difference when you’re travelling.
Many travellers take their credit card with them, but how good are their exchange rates going to be?
It used to be best to travel internationally armed with a credit card in hand. There are so many changes regarding credit cards today that this is no longer true. With the recent hikes in credit card rates, you’ll be paying much too high of an interest rate to use them. On top of that your credit card will slap you with a foreign exchange fee for using the card outside your own country. Another reason why a credit card is no longer the ideal to use as travel money is because of the threat of identity theft. Whether it’s in the form of pick pocketing or digitally recorded information there are criminals lurking around watching for the perfect opportunity to get information and steal your identity or money. These days it’s best to leave your credit cards at home and order travel money.
Currency cards are the ideal solution for ordering travel money
A currency card is a smart alternative to use in place of a credit card. Currency cards offer you the convenience of purchasing them online before you even leave your home. You choose the amount of money you wish to add to the card and it can be conveniently reloaded. Currency cards are widely accepted at businesses as well as ATM or cash machines worldwide. If you want a safe option for spending money while out of the country order travel money in the form of a currency card. Since it’s not linked to a bank account, if something happened to the card, you wouldn’t have to fear losing your entire life savings, and you have the added benefit of brilliant exchange rates, which are often better than high street exchange booths and bank cards.
If you must take cash, exchange online to avoid heavy-hitting fees
If you’d rather use travel cash make sure to do your exchanging before getting to your destination by ordering online. Actually, it’s most convenient to do it before you even pack your bags. If you wait to do it until you're at the airport, or decide to use your sterling credit card overseas, it can get overwhelming, it may be difficult to change your money depending on the time of day, and you’ll be paying too much. Change money at brilliant rates with FairFX.
Tuesday 02 March 2010, 02:42pm
When you’re planning your vacation (or business trip) buying plane tickets, and new outfits to accommodate the weather, don’t forget to order currency online o make sure that you get the best deal.
When planning to leave the country, many people don’t even give a thought to this concept. What happens a lot of times is that the traveler arrives to their destination, cash or credit card on hand and when they step off the plane they realize they need to exchange their currency. If you’ve ever had this happen to you then you know it’s not a fun experience. You’ve finally arrived and the last thing you want to do is worry about how you’re going to pay for things. You’ll probably be tired from the long flight and want to flop onto a comfortable bed or maybe you’ll be restless to go out and explore right away. Either way, you won’t want to leave this out of your planning.
Here are 3 reasons why you should order currency online:
1) It saves time – Chances are you’ve got a lot going on. There are a ton of things you need to purchase before leaving, you need to book the places you’re going to be staying, and you need to plan an itinerary. Your time is in high demand. When you order currency online you’ll save time by just a click of your mouse. Not only will you save time before you leave but once you get there you won’t have to waste time trying to find a place that will exchange currency.
2) It gets rid of confusion – Going to a different country can be overwhelming or quickly start to feel chaotic. You may be discombobulated while trying to get the swing of things and find your way through new surroundings. There will be enough confusion about the trip without adding the stress of finding a place to exchange your currency. Simply ordering currency online beforehand will rid you of the confusion that surely awaits if you don’t do it ahead of time.
3) It’s convenient - And who doesn’t like convenience? In our fast paced world today, convenience is a word everyone knows and appreciates. With the World Wide Web we are used to convenience and quickness. When you order currency online you get fast, convenient service, and your currency is delivered to your front door.
Go ahead. Start planning your trip and taking care of those things you can before you leave. You’ll look back and be grateful for how helpful it was.
Use FairFX for all of your currency needs if you’re looking for a simple, convenient way to order currency online.
Monday 01 March 2010, 05:01pm
