When traveling abroad, whether for business or leisure purposes, one of the most crucial things you need to decide is how you are going to carry your money. You have many different options at your disposal, yet more and more people are opting to use travel money or pre-paid currency cards. In this post, we will reveal everything you need to know about it. When traveling, your currency will differ from country to country. For example the currency of Mexico is very different compared to the American dollar.
There are many benefits associated with this option, and places like NetVoucherCodes.co.uk tend to have good offers on them. You will be able to benefit from the best exchange rates like the currency of Mexico, as you can wait for a good rate before topping up your card. You will also be able to manage your money more effectively while some travel cards even give you the ability to earn reward points. Nevertheless, one of the key reasons why an increasing number of travelers are embracing the travel card is because it is a lot safer. It is not connected to your other bank accounts, which restricts the potential for huge losses in the event of theft. However, if you do lose your travel money card or believe it has been stolen, you certainly shouldn’t sit back and just accept what has happened. Instead, there are steps you need to take to ensure you rectify the issue as quickly as possible. Keeping that in mind, read on to discover everything you need to know.
As your travel card is pre-paid, you will already have money on there. Whether it’s $100 or $1,000, the last thing you want to do is lose this money nor do you want to give a criminal the satisfaction of spending your cash if your card has indeed been stolen. This is why it is so important to choose your travel card with care. You don’t want to lose your card or have it stolen only to find it impossible to get in touch with your card provider. Instead, look for a company that has a 24/7 helpline available, so you can ring them instantly to resolve the problem as soon as possible. It is also a good idea to read reviews that have been left by previous customers. You are bound to come across a few people that have found themselves in this position before, and they will explain how the company dealt with it. If the card provider has a bad reputation, this is something you should be able to pick up on with ease, as you can rest assured that plenty of people will have taken to the Internet to express their dissatisfaction, and therefore you will know to look elsewhere.
However, some of you reading this post may be past the stage of choosing a travel money card provider. You may have actually lost your card already or believe it has been stolen. Of course, all companies differ when it comes to their policies on lost or stolen cards. Nevertheless, generally speaking, you will need to get in touch with the customer services team, and they will talk you through the entire process. What usually happens is they will put a block on your current card – the one that has been lost or stolen – so that no one can use it. They will be able to track the card to see if anyone has withdrawn money from the time it went missing to your phone call with the customer support team. The card will immediately be frozen, and whatever remains on the pre-paid card will be transferred to another card that will be sent to you as quickly as possible. This is usually what happens, however, don’t be shocked if some companies have slightly different policies.
When you take all of this into account, it is not difficult to see why so many people go for travel money cards nowadays. It is very much like carrying cash, but instead, it is a lot safer. After all, if you lose a wad of cash or have it stolen, you have pretty much no chance of getting it back. Instead, with a pre-paid travel card, your card provider will simply issue you a new card. You may even be able to get this while you are traveling – it all depends on your location. If you are unable to get a replacement card while away, you will definitely receive one upon your return. Not only this but there are some companies that will provide you with emergency cash to tide you over until you come back from your vacation. This cash will, of course, be taken from the amount of money you have on your pre-paid card. Your travel card company will also be able to tell you the current exchange rates to where ever you are traveling. For example if you need to know the currency of Mexico , just check with them or use a travel calculator.
Therefore, if you are in search of one of the easiest and most effective ways of carrying travel money, a pre-paid card could most definitely be for you. If you take a look for such a card on the Internet, you will see that you do have plenty of different options to choose from. This can be a little bit confusing and overwhelming for someone that has never purchased something like this before. But don’t panic, as there are several factors you should look at to help you narrow down your search. First of all, you should make sure that the company providing the card is credible. Take a look at their level of experience and their reputation in the industry. Take the time to read reviews that have been left by previous customers, as this is one of the best ways to get an honest insight into a business.
Once you have assessed the card provider, you should take a look at the pre-paid travel money card in further detail. How many currencies can you load onto the card? The best cards give you the opportunity to upload multiple currencies. This makes your life a lot easier because you will only need one card even if you are travelling to multiple locations. If you go on a lot of business trips or you travel frequently, you certainly don’t want to have to carry around a ton of cards with you. Aside from this, you will want to make sure that you can use your card with ease. Is the card in question widely accepted at ATMs and stores all over the world? There is no point in acquiring a pre-paid card if you are not going to be able to use it anywhere. How easy is it for you to top up your card? This is another question you should be asking yourself. Nowadays, most of the best companies give you the opportunity to top up your card with ease online.
Last but not least, you will also want to take a look at the procedure that is in place for those that lose their card or have it stolen. You will want to know that your account will be blocked, and there will be an immediate solution in place.
All in all, hopefully, you now have a much better understanding of what you should do if you lose your pre-paid travel money card. As mentioned, this is one of the safest methods of carrying money when going abroad and understanding the current currency such as the currency of Mexico. And you can see this by the ease at which you can get your hands on a new card if your current one goes missing. Just be sure to act with haste, as the last thing you want is for someone else to be spending your money. Don't forget a good tax calculator is great for checking the current exchange rate as well. So next time you are traveling to say Mexico, you will want to check the current currency of Mexico.