Travel Money Currency Card Reviews

My Travel cash- Euro card / Dollar card

New Review - my Travel Cash has recently updated their cards making them stand out among other currency cards. These cards are unique in that they offer 1% cashback on all purchases made the card and this is paid directly back onto the card the following month. This is very good value considering they are pre-paid MasterCards and can be used in the same way as debit and credit cards, anywhere where MasterCard is accepted.

They are also good value when withdrawing cash as they do not charge any fee when withdrawing from ATMs abroad, saving up to £4.50 - £5 compared to some debit cards.

With the Dollar and Euro cards there is no foreign transaction fee when they are used in their denominated currencies and they have a very competitive exchange rate which can be locked into the card the time of topping up. my Travel Cash also have a Multi-currency card denominated in GBP which is designed for worldwide travel, and like the Dollar and Euro cards, they offer 1% cashback on all purchases and do not charge ATM fees.

The card is easy to order, with an online application form and no credit check required. Then once received you can access your account via the web, SMS and phone giving you 24 hour access to your Euro / or US Dollar account, wherever you are in the world.

Another top feature is the provision of a free back up card in case your main card is lost or stolen, taking away any stress when you are abroad. Overall, at The Currency Exchange Site we think these cards are some of the best prepaid currency cards on the market.

CaxtonFX Global Traveller Card

A GBP denominated card is a sensible travel money option for the frequent traveller, whether for business or personal use. This card allows you to take one card to multiple locations and spend in multiple foreign currencies without incurring the expensive foreign exchange and ATM fees associated with debit and credit cards, and without having to exchange currency again and again for every country visited.

The card is loaded with pounds currency and then a currency conversion is made at the time of spending (2.5%), lower than the typical 2.75% charged by most UK debit and credit cards. This is the main drawback of the card, as you will lose visibility on the actual cross-currency exchange rate at the time of spend. However, unlike your UK debit or credit card you will not be charged for using ATMs outside of the UK, a saving up to £4.50 - £5 comapred to some debit cards, or for PoS transactions giving you a much better deal on your foreign currency. Therefore, you can combine the safety and security you would receive with traveller’s cheques with the great forex rates and ease of use of a prepaid currency card.

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