01/07/2009 UPDATE: It has today been announced that the ATM fees on both the Caxton FX Dollar and Euro Prepaid Cards have been removed in line with the Global Traveller card.
There are now three Caxton FX prepaid cards on compareandsave.com:
These particular prepaid cards are designed for overseas spending, are run by the currency exchange providers Caxton FX, and are accepted in millions of outlets worldwide.
They offer a safer and more convenient way to spend your money abroad because they comes with Chip and PIN technology, so you are less likely to be a victim of fraud. Another advantage is that carrying one of the cards means you don’t have to exchange currencies or keep cash on you.
You will also benefit from better exchange rates than you would usually get on the high street or at the airport and Caxton FX don’t charge any commission when you put money on the cards (or ‘load’ them) or when you use them abroad.
Plus, they are easy to load and use because they work just like debit cards.
What’s more, the Caxton FX prepaid cards are absolutely free to use in shops and restaurants and other kinds of retail outlets outside of the UK, you don’t have to pay anything for the actual card itself and there are no monthly fees to pay. The only thing that does incur a small charge is when the Dollar Prepaid and the Euro Prepaid are used in ATMs.
22 Jun 09
12:30 pm
this sounds great, i’m definately getting one for my next holiday
23 Jun 09
10:32 pm
These are really good cards to use, cheaper than withdrawing cash from an ATM using your normal debit card. No charges for using as a credit card either. I’m sure more and more people will cotton onto this type of product
24 Jun 09
12:23 pm
It will also be interesting to see how much prepaid cards take off this Christmas. I know that old Zavvi and Woolworth’s customers will certainly remember how their gift vouchers became worthless after the stores went into administration… this wouldn’t be a worry with prepaid cards.