If you’re planning on traveling abroad anytime soon, you might be wondering how to make the most of your money, especially when you’re transferring to foreign currency for the duration of your stay. The following outlines ways in which a prepaid card can help you inexpensively exchange your currency to the native one of the country to which you’re traveling.
The currency travel exchange rate varies wildly among providers
Depending on who you use to exchange your foreign currency, it can often cost you quite a lot, and you end up getting less for your money. There are providers who, for certain circumstances, won’t have any transfer fees, but some can even go as high as 3% of the total amount exchanged! No matter who the provider is, the rates also tend to change depending on how you exchange the money – through banks, through ATM withdrawals, as a cash advance, etc. This can be tricky, especially if you need money in a pinch and have to get it from wherever’s closest. You never really can tell just how much it will cost you.
Buy your travel currency in advance to save on commission.
Thankfully, Wells Fargo, Crown Currency Exchange and other such services can provide you with the ability to buy travel currency before you even set foot on the plane. Their innovative services will allow you to purchase foreign cash prior to the trip, thus eliminating a lot of commission rates and fees that will cut down on your funds at an alarming rate. A quick online search can reveal quite a few companies who are willing to do this for you, often in the comfort of your own home. Just get the money exchanged, and wait for the foreign currency to come to you in the mail; soon you’ll be set to go!
Get low travel money rates with the FairFX prepaid currency card.
One way in which you can save a lot of money on foreign currency exchange rates is by getting a FairFX prepaid currency card. Since there’s no need to use a kiosk or a bureau to get your money transferred, you’ll be saving a lot on the often expensive rates you might have to deal with when you normally exchange your currency. With the help of FairFX, you can get 102 pounds more per every thousand pounds after exchanging dollars for pounds, which is far lower than when you try to use it in the airport, at a bank, or in a kiosk. If you act soon, you can also get a free FairFX Prepaid Mastercard worth up to 10 pounds when you sign up for their services. Get a FairFX prepaid currency card today, so you can save yourself a lot of time and trouble when traveling abroad!
Wednesday 17 February 2010, 09:26am
Are you planning your next vacation, and contemplating having it in a foreign country? That’s all well and good, but you do have to keep in mind that you have to transfer your native currency to theirs, so you can actually spend money on goods and services while you’re there. However, this may not be as simple as it seems. Check out these effective methods for stretching your money out as much as you can.
Some currency exchange companies take more comission than others
You can find plenty of companies that will exchange your currency for the legal tender of the country for visiting. However, they will charge a fee or a particular rate for this service; this cannot be avoided. What you can minimize, though, is the amount that they take from you, so you can instead use that money during your vacation. Just do some investigating as to the various currency exchange companies out there that can give you the currency you require at a rate that’s extremely affordable, more so than their competition.
You will find the best rates of exchange online
Fortunately, the Internet is a great place to locate rates of exchange that are extremely reasonable. You can start by investigating the banks that you normally go with, and see what their fees and rates are. You might even be able to use your own debit and credit cards in a foreign country, but keep in mind that the rates can vary depending on the kind of transaction you make, and what country you do it in. Thankfully, you can find all this information by searching online for the data you require. You can even find Internet-only companies that will give you extremely competitive exchange rates that the other firms can’t beat.
Great value currency exchange services at FairFX
A great way to exchange your money before a trip is here at FairFX. All you have to do is utilize their service and put some money in a prepaid card. Obviously, there are fees that go along with this, but it’s assured that those fees are lower than any other service of this caliber. Once you get your prepaid card set up, all you have to do is wait for it to arrive, take it with you as you travel, and use it for whatever goods and services you require there. You only have to pay the fees involved in the transfer, so it’s not like the other cards you can use, where you’re charged every time you make a transaction! With FairFX cards, you know your money’s getting spent on the stuff you want to get as you vacation abroad. Therefore, don’t hesitate, and get the foreign exchange currency rates that won’t drain your expenses before you even get there!
Tuesday 16 February 2010, 04:07pm
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
