International Travel Card in Trichy - FEX Forex Pvt. Ltd
Travel money cards are a popular, convenient and secure way to buy foreign currency and take it overseas. Essentially, travel money cards are specially designed debit cards that you load up with foreign currencies prior to travelling.
The advantage of pre-loading the card with your choice of currency is that you can do so when the exchange rate is at its most favourable – you can convert your money into foreign currency when it’s worth the most. Spending in the local currency also means you won’t pay currency conversion fees every time.
For the traveller going to one country or several, a travel money card has many pros and cons over other types of travel money. A travel money card can be easier (and more secure) than carrying cash or traveller’s cheques, because you can preload a card with a single currency or several, according to your travel plans. Different cards offer different currencies but most products offer US dollars, UK pounds, Euros, and New Zealand dollars, among others. Once abroad, you can reload your card or change the currencies around via the internet or your mobile phone. You can use your card to withdraw cash from ATMs, shop for souvenirs, pay for restaurant meals or book accommodation online. view details
A travel card is a type of credit card that is specifically designed keeping in mind the needs of a traveller. A normal credit card gives you rewards in form of cashback or points which can be redeemed for gift cards, merchandise and discounts. A travel credit card offers travel-specific benefits. “Travel credit cards are available in both, co-branded and non-cobranded varieties. As co-branded travel credit cards usually offer higher reward points on spends made at partner travel brands get details
The ideal card in our books has two main features: it allows you to lock in a favourable exchange rate before you go, and gives you the ability to load multiple foreign currencies onto the one card. The exchange rate offered is of great importance to us when comparing travel money cards on your behalf.
Another key consideration for a travel money card is fees; we look at various charges which can add up and eat a hole in your travel budget. For instance, what does it cost to load and reload the card, and what is the cost of a foreign transaction? This is the cost payable when there are insufficient funds available in the local currency and the card automatically loads funds from a different currency. We also assess the convenience and cost of converting any foreign money back to Australian dollars when you return home.
The easiest way to choose a card is to approach your existing bank. However, this might not always be the best option for you. To make the right decision, first consider your travel habits. Check the joining fee and the annual fee. “Unless you are opting for a no-frills card, cards typically include a joining and an annual fee. In case of co-branded or specialised cards, this is usually a sizeable amount. Make sure the cost of the card will be recovered before you opt for it. view details
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