compareandsave.com
Sign in

Easter is a popular time for couples and families to head off on holiday. Bank holidays and the two-week-long school break make April the perfect time to get away from it all.

However, managing your cash while abroad can be tricky so here are three reasons why travel prepaid credit cards should be high up on your holiday packing list.

Prepaid cards are more secure

Taking a large quantity of foreign currency or traveller’s cheques to another country can often be risky. Pickpockets and poor hotel security can often put your holiday spending money at risk.

Travel prepaid cards allow you to load up your card with cash before you leave. Then, while you are on holiday, you can use your prepaid credit cards at a local ATM and withdraw cash as and when you need it. And, if your travel prepaid cards are lost or stolen when you are overseas, you can simply call your card provider to put a stop on the cards – your money on the card will be safe and all you will need to do is pay a small card replacement fee.

Control your spending with prepay cards

Holidays can be expensive. Recent research from a UK holiday firm found that the average holiday spend, including the trip itself and all food, drink and spending, comes in at £2,981.41. So, looking after your spending money while you are abroad can be important.

Prepaid credit cards allow you to carefully control your spending by withdrawing cash as and when you need it. You can head online to monitor your card balance and keep a tight rein on your holiday expenditure.

Good exchange rate on travel prepaid cards

When you compare prepaid cards, it is useful to find a card that offers a good foreign exchange rate.  Many foreign hotels and exchange bureaus can offer poor exchange rates, costing you a significant sum. However, travel prepaid cards frequently offer good value and competitive exchange rates whether you withdraw cash or use your card for a purchase.

Comments...

Comments are closed.

Product Offers
Please ensure that you fully read the terms & conditions of any product or policy before you decide to proceed and are fully aware of the total costs and the benefits and any exclusions or limitations applicable to the product or plan.

Please note that the product links will take you direct to the Issuer or Insurer's site direct and we cannot be held responsible for the information which they provide within their own sites. On some comparison tables we use a star rating which rates products by visitor popularity.

©2012 compareandsave.com is a trading name of Freedom Marketing Ltd.
Freedom Marketing Ltd is authorised and regulated by the Financial Services Authority, firm reference number 493117. This can be checked at www.fsa.gov.uk/register. Registered in England & Wales under registration number 05349340. The company's registered office is Freedom Marketing Limited, 5 Beacon End Courtyard, London Road, Stanway, Essex, United Kingdom CO3 0NU.

We are also authorised with the Office of Fair Trading, CCL number 624508/1. In compliance with the Consumer Credit (Advertisements) Regulations 2010, Freedom Marketing is a Credit Intermediary for all consumer credit products listed on our sites, with the exception of products from the following providers: Tesco Bank, Royal Bank of Scotland Group and Nationwide Building Society.