Lock In The Best Rates
It can be a bit risky, not to mention, daunting, taking wads of cash out with you on your holiday adventures; there’s the threat of losing your money or spending too much in one go. Avoid these blunders by picking up a prepaid card from your exchange bureau and you can put all your money straight on there.
Having said that, a spare few notes and coins can be quite helpful, especially when paying for buses and food or drink at local markets, where cards just won’t cut it. Never fear though, as the card allows you to withdraw certain amounts per day – watch out for those card operators with small transaction fees.
Another positive to the prepaid card is its ‘locking’ features. No, this doesn’t mean your funds are locked away, instead it means that there won’t be any fluctuation in exchange rate on your money while away on holiday.
Currently on the market, offering a good rate and free-transaction fees, are prepaid cards from Travelex. With a choice of 10 available currencies, from US dollars, to South African rand, these cards are the perfect travelling companion. Also, versions from AA and FairFX offer free transactions.