Prepaid Dollar cards enable you to enjoy all the benefits of a debit while removing the risk that your bank account could be compromised, if you lost your card abroad.
What to look for in a prepaid Dollar card?
US Dollar prepaid currency cards are a practical and secure way to manage your travel cash. A number of different prepaid issuers offer them and each card is slightly different, so it is essential that you shop around to get the best product.
Although each card is different, there are certain common features they share:
They are obtained before travel - some are free (albeit with minimum load requirements) and others are paid products
They can be loaded (topped up) by different methods (typically with cash or direct transfer from a bank account)
They can be used to withdraw money from ATMs or pay for goods or services (incurring different transaction fees based on the particular currency card) wherever the particular symbol of the credit card platform supplier is displayed (Visa, Mastercard, American Express, UnionPay etc.)
They offer benefits in comparison to traditional currency exchange methods because customers do not have to:
Carry around cash (which can be lost or stolen)
Find a safe on arrival to secure their money
Find an open business, offering competitive exchange rates, to exchange their travellers cheques or currency
Take a passport with you to obtain currency
Prepaid Dollar cards are protected with a pin number in the same way your normal credit card or current account debit card would be. In many cases prepaid currency cards can also be used for transactions, so you won't end up paying for things in a shop with travellers cheques and having to lose money on them through exchange rates.
Getting the best prepaid dollar credit cards
Unfortunately, many people still forget to compare Dollar currency cards to ensure they get the best value for money. All too often people arrange currency through vendors involved with the wider travel market who are interested in supplying one product rather than offering a breadth of choice for people to select from.
If you want to get the best product for your needs, it's worth spending a little time researching the available products (just as you would research where to go on holiday). Prepaid credit card comparison tables (like the one above) enable people to quickly assess what products might be suitable for them. Of course, if you're not specifically looking for a Dollar currency card, we also offer tables showcasing great products in other prepaid credit card categories (like prepaid Euro cards or standard debit prepaid credit cards, which are more suitable for use in the UK).