Home > Blog > Traveling Abroad?? a Multicurrency Forex Card Is a Smart Way to Carry Money

Traveling Abroad?? a Multicurrency Forex Card Is a Smart Way to Carry Money

Table of contents

0
0
Reading Time: 4 minutes

Travelling has been an essential element of human life. People are now investing in travel with increased spending capacity than ever before. But planning a trip abroad takes a lot of effort. From ticketing to visas, several things need to be organized in advance. You need to start planning the foreign currency and how you will spend it once that aspect of traveling is taken care of. Earlier, traveler’s cheque was quite prominent, but now thanks to technology, people choose forex multi-currency cards.

 

 

Basics about forex multi-currency card

A forex multi-currency card is generally used to make transactions easy while you are traveling abroad.  This card helps you to take care of your expenses while you are traveling. People are mindful about their expenses during vacation as the multi-currency forex card is prepaid.

Above all forex, the multi-currency card is one of the best ways to travel without having to carry any foreign currency in cash. It goes way beyond just swiping, as you can also use this card to withdraw cash from ATM machines. Besides paying your restaurant and taxi bills, you can use the card to purchase rail and bus pass.

Whether you are traveling to sightsee scenic places or handle some business matters creating a budget to manage the overseas spending is essential. You can avoid last-minute travel hassles when you determine your forex needs in advance, which will allow you to travel stress-free. While estimating the travel expenses, you need to consider the accommodation expenses and duration of stay.

Benefits of using multicurrency forex card

Easy to use and carry during travel

The best part about having a  borderless prepaid card is that it is straightforward to carry and use during international travel. A heavy bundle of banknotes is bound to take up a lot of space in your baggage which leads to inconvenience. The lightweight design of multi-currency forex cards allows you to slide them easily in your wallet or pocket or wherever you want. Another issue with carrying cash is that you run the risk of going cashless in case all the money is stolen or lost.

Hence it is always advisable to carry a multi-currency card to ensure a Peace of Mind in unfortunate situations. You can also save at least 2.5% over traveler’s cheques and currency notes when you use multiple currency forex cards. You can buy multi-currency forex cards from notable online forex platforms like Thomas Cook, and you do not have to pay any issue fees. You can also reload the multi-currency forex card online free of cost. Therefore, you can save a lot of money in the long run by cutting down on search unnecessary expenses.

Widely accepted across countries

The borderless prepaid card is worth having because it is accepted across almost all the countries globally and in 30,000,000 stores. The multi-currency forex cards can also be used at 2 million ATMs. When you buy the multi-currency forex card, you will also get the ATM pin included in the travel kit. These cards can come in handy, especially if you are going on a multi-country trip. The reason is that you can load the multi-currency card with at least 16 different countries at the same time.

Protection against forex fluctuations

The multicurrency card is your best investment as it’s a sure way to short way toward unpleasant rate-related surprises. It is a well-known fact that currencies are subject to constant fluctuations, and this can make expense management exceptionally challenging. Moreover, unfavourable changes can cause your money’s value to decline significantly if you opt to travel with foreign currency in the form of cash. But there is no need to be concerned about the fluctuations as you can easily protect your hard-earned money from currency fluctuations by just using a multi-currency travel card.

The money is loaded at a fixed rate which cannot be changed when you load your card with foreign currency using a trusted online forex platform like Thomas Cook. As the rates get locked in once your multi-currency card is loaded with the money, it acts as a shield against all the currency fluctuations in the forex market.

Better savings over credit or debit card

Saving money is an essential priority for everyone, irrespective of how affluent they are when it comes to going on an international tour. It is often seen that most people use debit cards for making payments abroad and also withdraw money from ATMs. But not everyone is aware that they are subjected to exorbitant service fees just for swiping their debit cards overseas. The hefty transaction charges that follow the debit or credit card usage are likely to take a toll on the budget without even people realizing it. Therefore, you should always consider a multi-currency travel card if you want to save somewhere between 3.5% of 6.5% over your debit or credit card.

The best part here is that you can reload the forex card at zero service charges from the comfort of your space, provided that you have a quick Internet connection. Ensure that you buy multi-currency forex cards from a reputed forex platform like Thomas Cook if you want to claim exclusive discounts further. Hence Thomas cook’s multi-currency card can help you save a lot of money in the long run.

Secure

The forex cards from Thomas Cook are enabled with EMV chips and are pretty secure against card skimming. Every time you make a transaction, you will get an instant SMS or email alert. In addition, you can connect with the customer service helpline if you notice any suspicious transactions, and the company will block your card instantly.

With Thomas Cook’s multi-currency card, the world is your oyster, and no matter where you go, you will have a hassle-free way to manage your money and enjoy your trip. This card is your best bet no matter where you are heading.

Table of contents

    Recommended Articles for you