When planning an international holiday, there are a few things that often get left until the last minute or put in the 'too hard basket' for future you to deal with. One of them is packing your bags, but everyone knows you pack best under pressure with only 30 minutes before you leave for your flight. The other is understanding and purchasing your foreign currency for the holiday.
We know that tracking exchange rates and figuring out the best way to divide and carry your travel money can be pretty daunting, not to mention confusing. While sorting out your foreign exchange certainly isn't the best part of your holiday (or is it?), it is by far one of the most important (yes, it is).
With that out of the way, let's have a chat about how to carry your currency, and why a prepaid travel card like the Travel Money Forex Card is your best bet when it comes to using foreign currency overseas.
Prepaid travel cards are separate to your bank and are specifically built for travelers. Just like your regular card, they can be tapped, swiped and inserted with pin protection to ensure you have access to your money when you need it. There are quite a few available across the market, but we're here to toot our own horn and explain why prepaid travel card is perhaps the snazziest (read: best) of all the options.
Don't just take our word for it, though. Check out all of the benefits you can take advantage of after getting a Travel Money Forex Card in your hot little hands.
Avoid those pesky currency conversion fees
When you use your bank card overseas, you could be charged a fee every time you transact because you are essentially spending Indian rupees. The Travel Money Forex Card is already loaded with your preferred currency, so you don't have to account for the extra fees.
Easy card block and unblock, for when your card falls into the Grand Canyon
If your card gets misplaced or stolen, you can easily block and unblock it by making a single call or message to your relationship manager. This process is instant as well, so you don’t have to worry about any annoying delays.
Track your spending (and shopping)
The Travel Money Forex Card also allows you to track your spending and check your balance on the go. Knowledge is power, right?
Load up to ten currencies for all of your intrepid adventures
Planning a trip where you'll need a few currencies? No stress, you can load up to 10* currencies onto your Forex Card including USD, GBP, EUR, AED, CAD, SAR, JPY, SGD, THB and AUD.
It isn't linked to your life savings or bank account
If your card falls into the wrong hands you can rest assured knowing they won't have access to your bank account and funds at home, nor will they know any personal information apart from the name on the card.
Easy reload, for when you forget about the budget and splurge on an extra round of mojitos
You can reload anywhere at any time via bank transfer, debit/credit card by contacting your relationship manager.
Like all of the best things in life, the card is free to get with no monthly fees
The card itself is free and will not strip you off even a single penny as it carries no monthly charges
Travel light and avoid carrying around cash
This one is pretty simple - cash has a higher risk of theft. While many countries are still cash-based societies, you don't want to be taking huge wads of it overseas.
When travelling, we recommend you take a mixed wallet. We want to ensure you are prepared for every situation by having a mix of currency options available. This will vary from country to country, but your best bet is to aim for the following combination:
- 60% of your budget available on a Forex Card
- 40% of your budget converted to cash
- Credit card handy for emergencies
You're spending your own money which means no nasty homecoming bills
Your money, your way. Before travelling, you can pre-load the card and reload on holiday when necessary - no credit, no overdraft. This makes it easier for you to budget and takes away the stress off coming home to a huge credit card bill.
Designed for travelers like me and you
If the above points haven't already made it obvious, prepaid travel cards are designed for travelling. Using a Forex Card will also unlock a wide variety of wonderful experiences and rewards.
Sound good? You can purchase your Travel Money Forex Card online or in any of our 40+ stores across India. Don't forget to grab your cash as well!