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U.K has the largest number of the tourists visiting every year and these cards can be very beneficial for them.
Tips Put more cash on the card than you think youll need on your trip, just to be sure you wont need to wait the three day period to top.Use them wherever you see a Visa/Mastercard sign.FairFX and Caxton FX gave us much better exchange rates than MyTravelCash or Travelex (see table).They are also our primary bank so we found it easier to stay with them.In the world of instant banking I find this insanely stupid.If you are travelling and using your credit card for purchases, youll be shocked to discover how much you handed back to the bank.Lloyds bank, for example, if you use your card to buy something in El Corte Ingles (Spain's largest department store group) while on holiday, the bank will use the Visa exchange rate of the day plus.99 fee.(This is not listed in any promotional materials or website).Prepaid currency cards are, their promoters claim, safer than carrying cash, give holidaymakers better exchange rates and are cheaper than using a debit or credit card abroad.With m you get the best exchange rate the closest to what it actually trades at on the market with no fees.They tend to be issued by specialist money changing companies, bella rebate macy's such as Travelex and Caxton FX, and allow you to preload money from your bank account on to the card, fixed at that day's exchange rate.(we got caught out with this in Thailand.Can access you money via multiple currencies (great for round the world trips).My Travel Cash also pays a 1 cashback on purchases abroad.It all adds up!Please share your experiences with prepaid travel money cards.