Prepaid cards for traveling abroad in 2018

Prepaid cards for traveling abroad in 2018

Are you planning to travel abroad? It can be difficult to organize a holiday. Don’t carry money with you, take a prepaid travel card. You can use it anywhere and easily pay for everything. This way don’t need to worry about losing the cash. Before you go traveling, load money onto the card when the exchange rates are the most attractive. You can make payments and withdraw money any time when you travel overseas.

Prepaid travel cards are better for traveling than regular cards. If you use standard card, you will pay higher charges. Be careful because with prepaid cards, you won’t avoid charges.

These cards are easy to get and use. You can request the card online or visit a bank. The next step is activation and registration. Choose the currency. Add money to the card and make payments. Check your card balance online or by phone.

Things to remember when using a card:

  • Whenever you withdraw money from the card, you will pay a fee between 2% to 3%.
  • Some cards will also charge you an application fee, a replacement fee or a foreign transaction fee.
  • If you don’t use the card 12 months, you will usually pay a fee around £2 per month. Remember to use it regularly.
  • Avoid cards with the monthly fees.

It is important to find a card which will be the right option for your holiday purchases. I will compare four popular prepaid cards: Fairfx, Revolut, Moneycorp, and Caxton.

Fairfx card

This card is a good choice for people who frequently travel abroad. It is secure because it is not linked to your bank account.

The fees you will need to pay if you use this card:

  • There is the fee of £9.95, but you can avoid it by loading minimum £50 onto this card.
  • A foreign transaction fee – 1.75%
  • UK ATM withdrawal fee – €1.50
  • International ATM withdrawal fee – €1.50.

You can use Fairfx card 36 months, but only if you are UK resident.

Fairfx card is secure because it is not linked to your bank account.

Revolut card

Unlike banks, Revolut card doesn’t charge you hidden fees. With this card, you will get interbank exchange rate. There are no purchase fees. You won’t pay ATM withdrawal fee if you withdraw less than £200 per month. When you withdraw more than £200 per month, the fee will be 2% of your transaction. You can spend money in many currencies.

How can you get this card?

  • Install the Revolut app on your mobile phone
  • The next step is singing up
  • Request the card.
  • Pay an application fee – £5.

Prepaid cards for traveling abroad in 2018

Caxton card

Adavantages of using this card:

  • It offers you competitive exchange rates.
  • There are no international ATM withdrawal fees.
  • If you buy pay with it £600, you will get £10.

Here are the charges you will pay if you use this card for your next holiday:

  • UK ATM withdrawal fee – £1.50
  • Foreign transaction fee – 2.49%.

Moneycorp card

You can get it for free if you load £200 onto the card. The following currencies are supported: GBP, EUR, USD, AUD, CAD, NZD, ZAR, TRY, CHF and AED.

Fees you can expect:

  • A foreign transaction fee – 4.99%
  • Purchase fee 3%
  • Internet Purchase fee 3%
  • ATM withdrawal fees – €1.75.

Comparison

In this table, I will compare Fairfx, Revolut, Moneycorp and Caxton prepaid cards. I will focus at their exchange rates, foreign transaction fees, and ATM withdrawal fees.

CardsExchange rateForeign transaction feeATM withdrawal (UK and international)

Fairfx 1.1347 1.75% €1.50, €1.50
Revolut 1.1428 – or 2%
Caxton 1.1192 2.49% £1.50, –
Moneycorp 1.112 4.99% €1.75, €1.75

Revolut card offers you the best exchange rate. If you use this card, you won’t be charged a foreign transaction fee. If you withdraw up to €200 per month, you won’t pay ATM withdrawal fee. With Moneycorp, you will get the highest transaction fee and the lowest exchange rate. Moneycorp also charges purchase fees. I don’t suggest this card for your next holiday.

A prepaid travel card is the best solution for your next trip because you can save your money on currencies and exchange rates. You won’t spend more money than you planned. With debit or credit card, you can get into debts that can be difficult to get rid off.

CurrencyFair comprehensive review

Some time ago I was looking to move cash from Europe to the United States, and I was trying to find guidance. It ended up there are quite numerous means to send cash abroad, you simply need to do sufficient study to find them. I end up attempting CurrencyFair for sending cash to the US. Their services totally fulfiled my charges and also requirements were really sensible. This is how I chose to compose this CurrencyFair review. Hope it will be helpful.

What should I know about CurrencyFair?

CurrencyFair is an on the internet peer-to-peer currency exchange service that assists customers to achieve great rates as well as stay clear of fees when moving currency abroad. Currencyfair is controlled by the FCA and also operates in even more than 52 countries. Continue reading “CurrencyFair comprehensive review”

Send Western Union Money Worldwide – Anytime!

Missed airplain Western Union storyFor those who are really bankrupt and in urgent requirement of some emergency situation funds, getting funds through Western Union is one of the very best things that one can do today. A fast way to obtain money particularly for times when you are most in need, a western union money transfer can truly be a lifesaver in a variety of cases. This is a fact, as I needed to utilize it before. The first time that I got a Western Union money wire was numerous years back. Six years ago to be exact. I was far-off, on vacation in England. I was remaining there for 2 months and backpacking across the country.

At that time, I did not have a care in the world. Before I fell on hard times and required to get my Western Union loan order, I was fancy and truly footloose complimentary, as the stating goes.

That is, up until misfortune struck. I remained in a health center lying with a damaged upper hand. I had slid down a hill and fractured it quite terribly. After that I had gotten a fever. I had little money with me, and the additional stay was costing me. However in reality that was not the real problem. And the airline would not compensate the cash or do anything to assist me out due to the fact that of the fever I had actually missed my flight. That is the reason that I needed the Western Union money transfer. I question how I would get home again if I did not have my mother wire me Western Union cash. Thankfully, she did offer me the Western Union cash transfer, and I got home safe. When I was on the airplane back home, I was in such a high spirits. I knew that I would quickly be setting foot on my much-loved native soil, and that my leg was almost completely healed.

I am grateful for the Western Union cash transfer; a major issue like my damaged leg did not end up being that much worse from the hassle of being stranded. It truly might have been worse, however it was not. Particularly for times of emergency situations, it is good that Western Union money transfers exist as an option.

A fast method to get cash specifically for times when you are most in need, a western union money transfer can truly be a lifesaver in a number of cases. The very first time that I got a Western Union money wire was numerous years earlier. Prior to I fell on tough times and required to get my Western Union money order, I was fancy and truly footloose totally free, as the saying goes. I question how I would get house once again if I did not have my mommy wire me Western Union cash. Fortunately, she did offer me the Western Union money transfer, and I got home safe and noise.

Money Transfer Tips For Students Who Plan To Study Abroad

Study AbroadSpending a year, summer or even a semester as a student studying at one of the foreign universities is still viewed as a fantastic method for a student to obtain an international experience and to continue with their education at the same time. Due to the rising costs in tuition fees at most of the American universities and the increasing focus on international experiences within the job markets on a global level, more and more students that are American citizens have chosen the path of studying overseas. Continue reading “Money Transfer Tips For Students Who Plan To Study Abroad”

TransferWise vs Western Union

Should you be living or working away from your family, you know the strains of wishing to send them money in real time and at an affordable rate. You might be familiar with Western Union quick collect techniques. However, in spite of the popularity of this method, many struggle with the relatively high rates of transfer, leaving less money to reach the one you seek to help. Furthermore, though the transfer period is deemed among the shortest, it is typically longer than that of its closets alternative, TransferWise.

What Is TransferWise

TransferWise agressive marketing

TransferWise is a quick reliable money transferring agent that will allow you to send funds overseas at relatively low cost. As a game-changer in UK technology, the service is internet-based. TransferWise runs on a website and downloadable application which allows you to handle your transactions from the comfort of your home, or on the go. The user-friendly app also allows you to track your transfers in real time, a service accessible to you at no additional charge.

Why Choose TransferWise Over Western Union

Western Union Money Transfers

The main competitor of TransferWise is of course Western Union. And while some may feel comfortable employing the method they have heard the most about, the following factors may have you tilting in favor of the newer, faster service. Continue reading “TransferWise vs Western Union”

Payza Money Transfer Service Review

In today’s age being able to send and receive money across the world with the click of a mouse is now made easier than ever with Payza money transfer service.

What is Payza?

Payza

Payza formally known as Alertplay is one of the global leaders in the online payment arena.Payza is very similar to PayPal in that they are used for online payment processing. Payza offers services that range from e-commerce distributions, corporate disbursements, and remittances. With Payza e-wallet you can easily load and withdraw your money as well as perform bank transfers. Payza offers the Payza prepaid card where you can transfer your funds directly from your Payza account and then use the card wherever they accept credit/debit cards. Continue reading “Payza Money Transfer Service Review”

Cheapest way to send money to India

If you are Indian living in the U.S. or U.K. you probably are looking for ways to send money to family back home in India. Indian Remittance is a fairly common situation; Indians living and working in 1st world countries always earn better wages and therefore send money to India. Bank transfers are usually the first thing people think of when sending money back home but they are usually the longest and the most expensive way to go. Of course in America people send money via Paypal and Venmo. In India, Paypal may not be widely used.

Send money to India with Western Union

A service that most people use to send money home is to send money online via Western Union. Money transfer using Western Union is a relatively inexpensive and cheap way to send money to India. All you need to do is simply go online and you can connect your current bank account or credit card / debit card to the account. If you have your party’s name and e-mail ready you can proceed to send the money. The fee is usually $10 USD. Check for specials that Western Union normally gives out. You can even go to a local store that offers Western Union services to deliver the money there.

Western Union India

Continue reading “Cheapest way to send money to India”

5 Ways to send money abroad fast and safe

With technology changing at such a rapid rate, what truly constitutes as the better way to send money abroad? What if I’m merely transferring money from the East Coast to the West Coast in the United States? You say you often travel to London? What options does one have to receive money in the UK? Europe?

Let’s have a gander at 5 ways in which we can accomplish these feats, shall we?

Send money abroad with Paypal

paypal logo drawing

Paypal, the ever over-revolutionized way of essentially sending money online, transferring, receiving, paying and getting paid electronically by means of an app, a click and POOF! There is money waiting! Is it really that easy? Yes, it certainly is! Let’s explore this idea. Continue reading “5 Ways to send money abroad fast and safe”