The latest Currency News and articles from the FairFX team

Tips: Get The Best Travel Money Exchange Rate

When you want to get the best travel money exchange rates, it helps to know about the most secure and convenient ways to convert your home currency. There are some traditional ways that come to mind, but they don't offer the best travel money exchange rates because they keep a commission from the proceeds to cover rent overhead and other expense. Instead, you can need to be familiar with the prepaid currency cards that are the ideal travel card for your holiday needs. Not only do you get the best travel money exchange rates, but they are the most secure and convenient way to exchange currency.

Have a look at our brilliant exchange rates on travel money:

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Prepaid Currency Cards Are The Easiest Way To Save On Currency

It is easy to use the Internet to open an account and exchange your currency. Because there is no commission, you get the best travel money exchange rates and a convenient and secure prepaid MasterCard for your holiday travel money. You can open your currency exchange account in a matter of minutes as part of your initial currency purchase. You can take advantage of 21 foreign currencies, so it doesn't matter where your foreign holiday might take you, it is easy to take advantage of the best travel money exchange rates and carry the secure prepaid currency cards that come with a chip and PIN. You may also choose to receive your exchanged currency in banknotes that are delivered to you through insured mail or you can still enjoy the best travel money exchange rates when you have your currency transferred to your foreign exchange bank account.

Can I Use Prepaid Currency Cards For Everything I Need?

Because the prepaid currency cards are a prepaid MasterCard, you can use them anywhere in the world. Many people like the convenience of the prepaid currency cards because they can help you securely pay for everything you need on your holiday, including hotels, rental cars, eateries, pubs or shopping. It is easy to take advantage of the best travel money exchange rates and purchase any of the things you need or want on your holiday in a foreign country.

Are There Limits To How Much Currency I Can Exchange?

Because the prepaid currency cards are only one of the ways to get the best travel money exchange rates, there are clients that exchange currency to purchase foreign property and there are unlimited ways that you can take advantage of the best travel money exchange rates for your larger transactions in foreign countries. Be sure to consider the advantages you can enjoy with the best exchange rates on larger International transactions because any sizes of International currency exchanges can be handled, once you have set up your currency exchange account. The prepaid currency cards are the most popular way to carry travel money, but when you need to exchange currency for other purposes, it is easy to do with your foreign currency exchange account and you can still enjoy the most competitive exchange rates you enjoy when you get the best travel money exchange rates with the prepaid currency cards.
Get a FairFX Travel Money Card today.

Apply for the FairFX card now!

Thursday 15 April 2010, 05:21pm

Pound to Euro exchange at a better price: It's all about currency cards

If you're planning to travel out of the UK, then one thing that's probably on top of your mind is changing currencies. The Pound to Euro exchange rate can be pretty high once you get to your destination so it's important to plan early and figure out how to get the best rates. There are several ways to exchange currencies:

Have a look at our great rates on pound to euro exchange:

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The Common Way to Exchange Currency

Rather than spend some time to research the best rates, many travelers just do it at the last minute when they get to their destination. The Pound to Euro exchange can be very costly if it's done in a foreign bank or the airport exchange center. Many travelers are charged a percentage and there even flat fees you have to change your currency to Euros.

For Travellers Who Prepared For the Trip

Travellers who prepare for their trip start out by coming up with a budget and researching various exchange centers. This allows them to get the best rates for the currency exchange and they won't have to rely on exchange centers once they get to their destination.
The problem with this method is the fact that they have to carry around a large sum of money while they travel. One of the risks of traveling is that people often lose their luggage, wallet, or get their belongings stolen. If that happens, there is very little chance that the money will be returned. Carrying around a lot of cash also makes some people uneasy.

Credit Cards Are Convenient But Hidden Fees Galore

Credit and debit cards are a great alternative since nobody can take out cash from your bank account without the right pin code. If your credit card gets used by somebody else and the signature is not yours, most companies will waive that fee and issue you protection from fraud.
The downside is that credit card companies and banks charge you extra fees every time you use your card to pay in another currency. Although these fees are not significant, they can add up and end up costing more than getting your money exchanged at their airport. You also need to be aware of how your credit card company or bank handles the whole situation of paying in another currency.

Currency Cards Offer the Convenience, Ease, and Security at a Discount

So what's the best way to exchange currencies? It's simply currency cards. Currency cards are easy to use - all you need to do is put in the amount of money you want to spend into the card. This allows you to manage your budget easier and currency cards offer a better Pound to Euro exchange rate than your other options (it can be 10-15% cheaper).
You'll also feel secure about the fact that you're not carrying huge sums of cash and if you lose your card, you can transfer your balance into a new card with a simple phone call to the company. In final, prepaid currency cards is the way to go if you want to enjoy your trip without any worries. Apply now for your FairFX Foreign Currency Card to save for your next trip.

Apply for the FairFX card now!

Thursday 15 April 2010, 10:09am

Buy US dollars at a better exchange rate with a FairFX currency card

Are you planning to travel to the US? If so, you probably have a lot of things to prepare from making hotel reservations, renting a car, and planning on activities. But the one thing you should seriously think about is currency exchange. You can exchange Euro to USD in many different ways but using a currency card, you can buy US dollars at better exchange rates.

Have a look at the great rates when you buy US dollars on our prepaid cards:

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How Most People Exchange Currency

Most people don't think about exchanging currencies before they get to the US. The initial thought is that they'll just go to the currency exchange center or use their credit cards. However, both options can be very costly. Exchanging currencies at banks and airports are very convenient if you didn't prepare for your trip. What most people don't know is that the rates are very high.
Some exchange centers charge a commission and the exchange rates can be lower than expected. It's not rare for a person to feel that he is getting the low end of the deal after the exchange happens. The fees simply add up and it feels like you didn't bring enough for the money you need to spend on the vacation.
Credit cards and debit cards is another solution but banks and credit card companies will charge you extra fees for different currencies every time you use your card. This is not an effective way to buy US dollars as the small charges start to add up overtime.

What about Carrying Cash?

If you're one of the few people that prepared beforehand to find exchange centers in your home, then you probably found a place to get good rates. But carrying cash is not always the best option for travelers as so many things can happen.
You can lose your wallet, become a victim of theft, and mismanage your spending. Many people also feel uncomfortable carrying large amounts of cash with them. The last thing you want to do is take out a large amount of cash every time you need to buy something.

The Better Solution

You can buy US dollars cheaper by investing into currency cards. You can get much better rates on The FairFX than you can at the airport, on credit cards or on the high street, with rates that are much closer to the wholesale rate used in large transactions. This is also a better way to manage your money since you can set a strict budget.
Plus, if you end up losing your wallet or losing your card, you can transfer the credits into a new card within hours. So if you want to actually spend your vacation without any hassles or worries, use currency cards to spend your money. Currency cards are the way to go because they allow you to buy US dollars at low rates.
The FairFX travel money card has really good value exchange rates. Check it out now, and see how much you could save on your next trip!

Apply for the FairFX card now!

Wednesday 14 April 2010, 05:31pm