Find out if a prepaid travel card is right for you before booking your trip abroad.
Taking a travel card is less stressful than taking a regular bank card. There’s also a load of savings to be made! This guide will take you through the benefits, and let you compare some of the best options for holiday goers.
What are the benefits of using a travel card?
- Safer than carrying cash. This is the main advantage of a travel card. You don’t have to worry about losing loads of money, or getting pick pocketed on the beach.
- Works like a debit card. Unlike a credit card, you won’t be able to run up debts on a prepaid travel card.
- Choice of currencies. Most travel card providers offer a range of currencies for you travel card.
- Good for budgeting. One of the best things about a travel card is that once it’s loaded it is loaded. You can’t run up debts, and it helps you to keep on top of how much you’re spending.
- Good to give to youngsters going on their first holiday. For the same reason, travel cards are good to give to first time holidayers. It’s a good way to teach kids how to spend responsibly, but without much risk.
- Better rates than banks. Most prepaid card companies offer a more competitive rate than banks, and certainly better than a Bureau de Change in airports or in foreign countries.
What should I look out for when comparing travel cards?
- Topping up Most prepaid card companies allow you to do this while you’re abroad, but make sure you check out how to do it. There’s nothing worse than being out of money while on holiday, and being forced to withdraw money at a terrible rate. A lot of companies have apps, or will let you top up over text. Also be sure to check how much this might cost you.
- Fees. This is where travel card companies make a lot of their money. Check the fees before you sign up, and check with finder.com/uk to see if you can find a better deal.
- Rates. Similar to fees, you should also keep on eye on exchange rates and make sure you’re getting a fair deal. Many travel card companies will match a better exchange rate from a rival company so this is something to be aware of.
- Protection. This might go without saying, but it’s important for you to be aware of where you stand if things go wrong. Check the company’s policies regarding lost, stolen, or undelivered cards.
WeSwap is still the leading travel money card in the UK
While some providers are emerging as challengers, such as Monzo and Revolut, WeSwap is still the most competitive travel money card in the UK. Check out some of the features or head straight to WeSwap:
WeSwap: £10 travel money for free!
WeSwap is the new, cheap and easy way to get travel money. Sign up today using the button below to load £10 onto your card for free.
- A global travel card and app
- Save up to 90% vs banks & bureaux
- Each WeSwapper gets a WeSwap card, load it up using £s
- Swap your £ for any currency
- Use your contactless Mastercard for holiday essentials