The latest Currency News and articles from the FairFX team

Travel money reviews show that prepaid currency cards give you a better deal

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!

Check out our great rates on holiday money:

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Carrying a prepaid currency card with you on a trip or vacation overseas is a wise decision. Travel money review shows that prepaid currency cards provides a great way for you to control your spending. Opening a prepaid currency card is similar to managing a checking or savings account. Once money is deposited in your account, you will be given a prepaid currency card and it can be used like a regular credit card, only that it is designed for spending money abroad.
Since your money is being limited on the amount that you deposited on your account, you can't over spend your budget. In addition, there will be no membership charge and no interest charge. Hence, travel money review confirms that prepaid currency cards give you a better deal with your money.

A Close Look into Currency Cards

Prepaid currency cards are quite new but their popularity is rising fast. It is because these cards offer convenience. You won't have to go to the bank or exchange agencies to get money. It is a payment card that can be used to pay hotel bills, services and purchase items. You also get 24 hour access to your cash because it can be used to withdraw cash from ATMs to over 160 countries worldwide.

The Benefits of Currency Cards

Using a prepaid currency card offers the following benefits. First is easy access. You can get a prepaid currency card even if you have been refused for credit cards due to a bad credit rating. You also don't have to worry about paying bills and interest rates. Next is security because a prepaid currency card requires a PIN number before you can withdraw your cash.
Third is budgeting, since you can only use the available money in your account, prepaid currency card is a great way of controlling your spending. Prepaid currency cards can also be used to transfer money abroad. When you are on a trip overseas, you can deposit funds into your prepaid currency account through the internet or telephone in the case of an emergency.

They Also Offer Security

Fortunately, a prepaid currency card is not linked to your bank account which leaves your savings protected. For example, if your card has been used by a thief, the only amount that he can get is the amount available in your prepaid card.
What's more, carrying a card makes your cash less prone from being lost or being stolen. In the case this happens, you can still get your cash with the insurance that is issued by the card provider and you can also report your loss to a customer service hotline of the card provider. The company will cancel all transactions in your account making sure that your money is safe. You can then transfer the balance to a new card.
Prepaid currency cards are a worry free way to spend money on your travels. They have less exchange rate fees, are handy like a debit and credit cards, and you will have full control over the amount you spend.

Get a FairFX card today and take advantage of better holiday money rates.

Apply for the FairFX card now!

Thursday 13 May 2010, 04:47pm

A Better Exchange Rate For US Dollars

If you're taking a trip especially overseas, you're probably aware that you have to exchange your current currency. For example, you can exchange rates for US dollars at a bank, hotel, airport or a high street currency booth. However, the exchange rate for US dollar differs on every establishment you visit and many of them offer high charges on exchange rates.

Look at our great value exchange rates for Dollars:

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Instead of exchanging it with establishments that won't give you good rates for your travels, try using a prepaid currency card to exchange your money for US dollars. Prepaid currency cards offer a good exchange rate for US Dollars. It is safe, simple to use and you can save money especially when on a trip overseas.

What are prepaid currency cards?

Prepaid currency cards are cards that can be used to pay for hotels, shopping, eating out or anything else on your trip. It functions similar to other prepaid cards but it is made to work with foreign currencies. It can be loaded with money and a user can use it like a regular debit or credit card. You can even use it to withdraw cash from ATMs and the cards come with many features.

What are the advantages in using this card?

Carrying the card is safer than bringing large sums of cash. It can be used like ordinary cards to make purchases or withdraw money. It provides added security against theft because if the card is stolen, you can easily report it to your service provider and your card can be replaced with a new one with the balance transferred. You can even get your money back provided you have given insurance to cover the cash lost.

Your private accounts are also secure as it is not linked to your personal checking or savings account, protecting you from further damage. It a great way to spend money while on your travels since the fees for the exchange rates are lower and more favourable than the rates given at foreign ATMs or exchange centers. It also gives you control over your money so that you won't be overspending. But there are no tight restrictions either. You can transfer funds at any time with access to the Internet or with a simple phone call.

Taking a vacation aboard can be very demanding. You have to consider many things from your baggage, your schedule, what to do during your trip, to your budget. Your money shouldn't be a pressing concern. You can get the best exchange rate for US dollars by getting a prepaid currency card. These cards also offer security, giving you peace of mind during your vacation.

Apply for a FairFX card today and see how much you could save on on your holiday money

Apply for the FairFX card now!

Tuesday 11 May 2010, 03:15pm

Get a cheaper exchange rate for dollars with FairFX

Using a FairFX currency card gives you much better exchange rates for your Dollars than the airport or high street. To save money on your next trip to the US, order one of our cards now!

Look at our great value exchange rates for Dollars:

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You're taking a vacation and you know you need to exchange your currency but you also don't want to be taken advantage of. There are many choices when it comes to exchanging your currency. If you're converting your money to Dollars, for instance, you can exchange your money at:

  • A high street currency booth
  • A bank
  • A hotel
  • An airport

However, you'll want to be very careful when changing your money to dollars. The exchange rate for Dollars varies widely depending on which establishment you visit. Legal money converter services, banks, hotels and even airports, among other forms of legal money exchange, often charge high rates. This means you won't get as much money as you started out with as it has slowly been whittled away by those pesky fees.

There is one way to get a low exchange rate for Dollars that will leave you with as much money as possible so that you can actually enjoy your vacation. Instead of visiting one of the businesses above, you can get a prepaid currency card. Prepaid currency cards offer much lower exchange rates for Dollars, as well as other forms of currency. But there are more reasons why you'll want to choose prepaid a currency card instead of doing a traditional money exchange.

Prepaid currency cards are safer than carrying around bundles of cash. When you're taking a trip, you don't want to have to worry about not having money. That's why most people take as much with them as possible. What if you're robbed, however? With a prepaid card, you can just get a new card. If you get your converted Dollars stolen, you will be out of luck and money, too!

Not only that, but prepaid cards often have less fees than traditional credit cards. Credit card companies often charge you fees just to have the card activated and then they charge you for each transaction you make. With prepaid currency cards, you enjoy a much better exchange rate for Dollars as well as lower fees on all of your purchases. That means your Dollars will stretch further than they would had you gone with the traditional means of exchanging your money.

Taking a trip can be very stressful, especially if it's overseas. You have so much to worry about: packing, your itinerary, and then there's the money aspect. Don't make the mistake of exchanging your money with just anyone or any business. Don't pay all of those high fees. Instead, exchange your money for Dollars on a prepaid currency card and have the peace of mind that you're money's safe, and that it will last a lot longer than it typically would because you received such a good exchange rate on Dollars.

Get a FairFX card now to make sure you get a better price on holiday money.

Apply for the FairFX card now!

Friday 07 May 2010, 12:18pm