Preparing for a holiday simply shouldn't be an issue for anyone. But as one prepares to go out they find the biggest nightmare to deal with is the currency rates for the country they are visiting. But don't allow the stress of these foreign currencies get you down as you have several travel money delivery systems available to you.
Currently the pound sterling remains strong and conversions to other foreign currencies are quite generous. Of course the change in currency can be handled several different ways, and whilst each may seem to provide the consumer with the best deal, not all are customer oriented and the wisest choice you have.
For instance, the traveler could choose to exchange currency in the UK before going abroad. You will be charged a conversion fee as well. These fees are the standard rate and there is no reduction of fees on this conversion method. If you want the equivalent of 100 pounds you will need to have the funds on top of that to cover the conversion.
On top of that you will need to keep track of these funds for the entire trip. If you lose these funds you will have to rely on an outside funding source. If you forget to bring any other funding sources you are in serious trouble. Cash can be stolen easily, and if it is there is no way to replace it leaving you in a bad predicament.
A second option for the person on holiday is to use a credit card. With your credit card you have the option to use it at an ATM or Bank to withdraw funds from your account. Either way, the credit card will most likely give you a very poor exchange rate, as well as inordinately high ATM fees.
But when a person want their travel money delivery with the best funding options, and the lowest conversion rates they should decide to go with a prepaid currency card. These cards are loaded with your funds at a considerable discount and work just like a debit card.
Cards like the FairFX Currency Card give much better exchange rates and are safe for worldwide use. Each card has been created to be use whilst traveling. In fact they are even easily reloadable if you run low on funds you simply need to find an internet connection or make the transfer with your mobile phone with the FairFX telephone top-up service.
Simply choose a card that meets your needs and load it to receive the best overall benefits that these cards carry. They are safe, inexpensive and secure. This means they are safer than cash and cheaper than the average credit card and offer peace of mind that the other two can't deliver on.
Friday 25 June 2010, 01:59pm
There is a lot of advice that can be given if you're planning a trip abroad. By searching the Internet, you can find tips on saving money on hotels, saving money on cab fare, finding the best restaurants, and get information on how to manage your budget. However, the best holiday money advice would be to use a prepaid currency card for your trip.
Why Use Currency Cards?
The prepaid currency card is the new way to travel. All you have to do is use your credit card to add funds to your card. The card then can be used just like a credit card. If you need cash for the specific currency, you can go to any ATM and draw you the money you need.
Currency cards are convenient and easy to use. The rates for prepaid currency cards are also much lower than getting your money exchanged at an airport. Even better, the currency cards are cheaper than using your credit cards abroad and much better than carrying a lot of cash around with you. If you lose the cash, there is no way you'll be able to get it back.
You're Always Protected with a Prepaid Currency Card
With a prepaid currency card, you can travel without any worries. If you lose your card, you can quickly get it replaced. The money you put in your card can be put into your replacement card. All you have to do is verify the information and have proof of your identification.
They're great for shopping too. If you buy something and want to return it for a refund, you can get the money back into your card as long as the merchant has a refund policy. Since none of your personal bank accounts are linked and none of your personal information can be taken, you will be safe from identity theft, fraud, and unauthorized transactions. There is no risk when it comes to using these cards. If you think about it, it's far safer than other methods of carrying money around.
The Best Holiday Money Advice for Travellers
So what's the best holiday money advice? Invest in a prepaid currency card. You will be glad you did once you see how easy they are to use, how convenient they are, and the security features these cards come with. Good prepaid currency card companies also have staff standing by to help you should an issue arise.
Again, the best reason you should use a prepaid currency card is for the competitive rates. The companies know they're competing with other exchange centers so you can find some of the lowest rates around. Once you compare the rates between exchange centers and these companies, you'll realise that the better option is using prepaid currency companies.
Get a FairFX card today and get some of the best exchange rates around.
Tuesday 01 June 2010, 04:17pm
If you are going away on holiday then you will need to organise your travel money. Like most people you will want to get the best value for your money, which means you want to find above average exchange rates if at all possible. There are a number of ways of buying foreign currency, some of them more cost effective than others. Should you use a credit card, buy cash or travellers cheques, or would you get a better rate with a prepaid currency card?
Using a Credit Card
If you don’t want to be walking around with several hundred pounds worth of dollars or euros in your luggage, then you may decide to use your credit card to obtain the currency that you need while you are abroad. The benefit of a credit card is that it allows you take advantage of whatever the exchange rate is on a given day. While credit cards do have some advantages, they may not get you the best exchange rate once you calculate in what it costs you to borrow money on a credit card. Not all credit cards carry the same level of charges, but this can still be an expensive way of buying currency, which is not what you want if you are looking for above average exchange rates. Some credit card companies levy extra charges every time you use an ATM machine when you are abroad.
Cash or Traveller’s Cheques?
A lot of people still tend to buy foreign currency through their travel agent or through the post office. Most travel agents and post offices will charge a small commission on your currency and you won’t necessarily get the best exchange rates from them. Some people like to feel actual foreign money in their pockets when they go away because it makes the experience seem more real. Other people prefer to take a small amount of cash for incidental expenses when they first arrive, and then take the rest of their money in traveller’s cheques. Traveller’s cheques are not one of the best ways to get a decent exchange rate, but you do have the security of knowing that if they are lost or stolen, you can have them replaced.
Prepaid Card
Increasingly travellers are turning to prepaid currency cards as the cheapest way to buy their travel money. Prepaid cards offer a better exchange rate than either banks or the post office and can be a lot more cost effective than traveller’s cheques. The prepaid chip and pin card can be ordered online, you can order your currency at the same time. Prepaid cards have much lower charges than most credit cards and because they are designed for a specific purpose, you will get above average exchange rates on foreign currency. The cards are reusable, and when you want to go away again you just load up the card and you are good to go.
Order your FairFX card today for much better value holiday money on your next trip.
Wednesday 05 May 2010, 12:09pm
Using a FairFX currency card gives you much better exchange rates for your Euros that the airport or high street. To save money on your next trip to Europe, order one of our cards now!
If you are going on holiday to Spain or Greece, or to any other European country then at some point you will need to exchange pounds for euros. Most people will purchase their travel money a few days before they go away. Travel agents and banks can supply you with foreign currency and they will usually charge you a commission for doing so. One of the problems with taking all your holiday money euros as cash means that you will be walking around with a lot of money in your pocket.
People who want to feel safer and who don't like carrying a lot of money around with them when they are on holiday may prefer to use travellers cheques. One of the problems with using either traveller's cheques or cash is that once you have bought your travel money, you won't be able to take advantage of any further changes in the exchange rate. Currency exchange rates fluctuate all the time and you could get two or three more euros to the pound on one day, than you did on another.
Apart from buying your holiday money euros for cash or by using travellers' cheques, you can also use your credit card to draw money out once you reach your destination. When you use a credit card in this way the card issuer will take a commission because you have drawn cash, and it will also cost you more money to use the ATM machine. Increasingly people are getting fed up at having to pay all the hidden extras just to get their holiday money. If you are fed up and looking for an alternative means of sorting out your holiday money then you will pay less if you use a currency card.
Currency cards can be obtained online and they work in a similar way to a credit card or debit card, apart from the fact that you have to load the card up with money first to be able to use it. There are a number of companies that supply currency cards and the commission rates differ slightly from one provider to another. When you use a currency card you can always charge it up with more cash straight from your bank account either online or over the telephone.
You don't have ATM costs with a currency card and the charges are a lot lower than they would be on most credit cards. If you don't like carrying around a lot of cash with you when you are away, then currency cards are an ideal alternative. When you use a currency card you dispense with all the hassle and extra costs that are often associated with trying to get your holiday money euros.
Order your FairFX card today for much better Euro rates.
Thursday 29 April 2010, 12:14pm
Spending money for a holiday? Be financially secure and save money by applying for a prepaid currency card. It can make your travelling experience easier and safer. At first you might be skeptical about the idea, but the advantages of carrying a prepaid currency card whenever you go abroad far outweigh trying to exchange money the old way.
The Old Way of Exchanging Currency
Before prepaid cards became popular, you'd have to carry a large amount of cash when you go travel out of the country. A lot of people feel uncomfortable carrying a lot of money with them while they travel as it's easy to lose bags or have your possessions stolen. When you actually get to the currency exchange center, you'll find that they charge incredibly high rates and it's difficult to find places where the rates are low.
Using Credit Cards
You can use credit cards to pay for goods and services but stores in foreign countries only accept certain credit cards. In addition, there's a huge surcharge that's added to your credit card because you are using it out of your country. Also, if there is an error in your receipt or you get overcharged, the chance of disputing it are slim since you'd only find out after you left the country you were visiting.
Prepaid Currency Cards Offers a Cheaper and Easier Solution
Prepaid currency cards are safer, easier, and cheaper than carrying cash or using a credit card. If you're spending money for a holiday, you should aim to save some money. Prepaid currency cards can save you as much as 10% compared to the currency exchange booths at the airport. (See our homepage for live rates of exchange). The currency card companies are trying to compete with exchange centers and are offering competitive prices for buyers.
You'll also feel secure since you're using a prepaid card instead of carrying cash. Putting the amount of money in the card will also help you control your spending since you have a budget to work with. What's more there are no interest charges, no debt to pay, and no chances of getting charged overdraft fees by your bank.
Choosing between carrying money and securing a prepaid currency card is all up to you. However, it's clear that prepaid cards are cheaper, safer, and easier to work with. If you're spending money for holiday, you might as well do it in peace and enjoy your next trip.
Get a FairFX card today to make sure that you get the best deal buying foreign currency for your next holiday.
Monday 26 April 2010, 09:55am
Are you looking for the best money for holiday option, especially when you are getting ready for a just lovely holiday in the sun and the sand? A smart tourist is going to look at all the options available to him out there, and choose the one which suits him the best. Now, you need a money option, which is going to allow you to buy foreign currency. You want to get the best foreign currency exchange rate for your pounds, don't you? So you could look at these options for buying foreign currency.
Hard Cash
Some tourists swear by cash in hand, but they spend their holiday looking for places in which to hide that extra cash. (Money belt, inside of shoes,...) You never know when a pickpocket may decide to deprive you of your hard-earned money for holiday! Besides, cash in hand is definitely not a safe option for a tourist travelling in remote areas. That is the reason why you just need to have limited cash in hand for day-to-day expenses, and have other secure money access options available to you, like-
ATM cards
These plastic cards are definitely a boon, because you do not have to carry bulky travellers' cheques. But just imagine that you find yourself stranded somewhere around Sutton Hoo, with no ready cash in your purse and no ATM around you. (Your tourist destination can be Sutton Hoo or Timbuktu or Paraburdoo, it does not matter. The tourist destinations are endless, but the ATMs are limited.) So, an ATM card is good enough, as long as you are in the teeming metropolis. However, this money carrying option is not good for getting easy money for holiday access, in a jiffy in a remote area. Besides, you may find some foreign ATMs charging you for withdrawing money from their ATM boxes.
Travellers' cheques
Once a boon for travellers, but now rather a burden, because you need to find a branch of your own particular bank to encash these travellers cheques, when you travel abroad. Apart from that, travellers cheques are going to bulk up your wallet. And then the hassle of trying to get the travellers cheques made out, beforehand in your own city. You needed to pay the charges the bank required of you, to make out these travellers cheques. And if there were of a large denomination, it would almost seem like you had ready cash in hand. Not very safe, is it? So, what is the best option for a person looking for easy access to cash, when travelling abroad?
Prepaid Cards
Prepaid cards are definitely the safest way in which you can buy foreign currency especially when you are travelling abroad. The idea is that you are going to pay now for the cards and use them at your convenience! These cards are secure, they are going to give you a much better exchange rate for your money for holiday, and the best thing is -- they are not going to have that many added on fees and charges as have many credit cards!
Prepaid cards are thus the best choice open to all future tourists, travelling abroad on holiday, because you can have easy access to your money through your bank, whenever you want, wherever you want. (Sutton Hoo, Timbuktu, Paraburdoo...)
So have a secure, hassle free, and enjoyable vacation and order a FairFX currency card today.
Friday 16 April 2010, 09:59am
When you are getting ready to go for a holiday trip, do you know where the cheapest place to buy holiday money might be? If you are getting ready for a foreign holiday, you might find the need to convert pounds to dollars and finding the best currency exchange rates might be a top priority. If you need to buy holiday money for your traveling expenses in these foreign countries, it is a matter of finding the cheapest place to buy holiday money for your travels.
Buy Holiday Money At Exchange Bureaus?
Many people might think that the Post Office or a global company like HSBC might be the cheapest place to buy holiday money, but they would be mistaken. Because there is rent overhead and other expenses associated with these exchange bureaus, they can't be considered the cheapest places to buy holiday money. There can be commissions and fees associated with many places you buy holiday money, so finding the cheapest place might be hard to find. There is a prepaid MasterCard currency card that offers the best currency exchange rates, doesn't charge commissions and offers the most secure and convenient way to get ready for your holiday or business trip. Unfortunately, it can't be found at these common currency exchange bureaus.
Buy Holiday Money At Airport Currency Exchange Kiosks?
When you need to buy holiday cash for your overseas holiday or business trip, some people will use the currency exchange kiosks at the airport as they are getting ready to board the plane. When you compare the Travelex Heathrow foreign exchange rate, you will find that it is probably the worst exchange rate, even worse than the exchange bureaus. Of course, the best currency exchange rates are those that you get with the prepaid MasterCard currency card and it is easy to buy holiday money from the convenience of your home, using your personal computer. While the airport currency exchange kiosks are convenient for those that have forgotten the need to buy holiday money, a little forethought can save you considerably, when you buy holiday money using the currency card account.
Setting Up A Currency Card Account To Buy Holiday Money?
It only takes a few minutes to set up an account to buy the prepaid MasterCard currency card and it is part of the initial process to buy holiday money. Through the use of your personal computer, you can buy holiday money easily by setting up an account and transferring money by bank transfer. Most of the high street banks will make the bank transfer at no cost, so you can buy holiday money by taking advantage of the best currency exchange rates. Because it is quick and easy, you can enjoy a secure way to buy holiday money and enjoy the security of taking a prepaid currency card on your holiday travels, which is safer than carrying cash.
When it comes to the best way to buy holiday money, the prepaid currency card offers advantages. Not only is it easy and secure, but you get a much better currency exchange rate as well. Apply now for the FairFX Currency Card.
Tuesday 23 March 2010, 09:42am
You may have noticed that are a number of different options in which to have money while you travel. Each choice has its own pros and cons. Here we will take a look at all of them and compare holiday money options available to travelers.
Cash is insecure, incovenient, and often poor value
The first choice is just straight up cash. The good things about using cash are it is quick, convenient and there will be less fees involved when exchanging for the local currency when traveling abroad. The one major downside is, however, if it gets stolen, you’re just out of luck, as it won’t be replaced.
Travellers Cheques; over the hill?
When you are going to compare holiday money options, your list has to include traveller’s cheques. They offer more security than cash in that, if your checks get stolen, you simply report it and they will be replaced. Also, if you run out of money, you can usually find a way to get more money converted to traveler’s checks, no matter where you are. On the other hand, though, this type of currency can be rather expensive, with service fees and shipping charges to have them sent to you. Not everyone accepts them either, and some even charge a fee if they do take them.
Credit cards are convenient, but tend to levy heavy fees
The next choice when you are looking to compare holiday money options is credit cards. They are both secure and easy to carry. If it is stolen, it can be easily replaced. If you have a Visa or MasterCard, it will likely be accepted almost anywhere you go. Even though you would know if your physical card has been stolen, it may take awhile to realize someone has merely stolen your credit card information and is using the card that way instead. For those few merchants, like some restaurants, that don’t accept credit cards, you will need to have some cash on hand for times when you run into someone who won’t accept your card. And most importantly, interest rates can add up fast if you don’t plan to pay the card off in full that month.
Prepaid travel money cards are the best solution for foreign travel
When you compare holiday money options, there is really only one choice if you want to avoid the higher credit card fees and don’t want to carry cash. That option is a prepaid card to be used for traveling purposes. They are as convenient as credit and debit cards, and actually offer greater security as they need a PIN number to be used. Some will have fees that are charged when activated and when you put money on them, however.
We offer prepaid currency cards with a great exchange rates and no hidden fees.
Thursday 25 February 2010, 09:51am
For your next vacation, you might be wondering just how to get your money exchanged for the native currency of your particular country of interest. After all, you don’t want to have to lose too much of your money just getting it transferred, thereby wasting it, do you? Here are a few tips to get the most out of your money.
Money rates change dramatically based on who provides the currency
Depending on who you’re getting your currency from, you can often get quite varied money rates. You may not think much about it, but getting the lower rates can really make a difference when getting your money exchanged. The most intelligent thing for you to do is to perform a quick online search for any providers and businesses that specialize in foreign currency exchange rates. You’ll quickly notice that there are quite a few differences in price between these firms, as well as special deals that you can take advantage of. Simply find the least expensive company with the most effective exchange rates and go with them. You won’t regret it.
Bank rates on card transactions are often the most expensive way of spending abroad
If you just plan on using your card when traveling abroad, you could be wasting the most amount of money of all of these options. Depending on your card lender or provider, the fees and rates can change between countries and even between transaction methods. What you get charged for a cash advance might be dramatically different from what you’re charged for an ATM withdrawal, and so on. Some rates might be as little as 0% and as high as 3% of your total amount transferred in many cases. Therefore, it’s recommended that you use your cards as little as possible when traveling abroad, to save yourself the expense of having to continually pay those fees every time you use a card.
Get some of the best money exchange rates with pre paid cards from FairFX
Fortunately, there’s a service that will help you immensely- FairFX prepaid currency exchange cards. It would do you well to check out their unique system where you can pay for your foreign currency before you even leave the country! With FairFX, you can get your money transferred to a prepaid currency card that you can use whenever you’re in another land, and, since you’ve already paid the negligible fees that are necessary to use the service, you don’t have to worry about how much money you have – all of it gets spent on the things you want to purchase in this foreign nation. With the help of companies like this, you can get the most out of your money when you decide to vacation abroad!
Tuesday 16 February 2010, 02:53pm
