Getting a prepaid card is simple enough - but watch out for the currency you choose.
This article first appeared on Your Money. For those heading abroad, deciding the best way to pay for things while trying to clampdown on run-away foreign exchange fees, can be a big pre-holiday headache. For some, using a prepaid card as an alternative method of payment to credit and debit cards may be an option. Prepaid cards are a good alternative to traditional credit or debit cards when travelling abroad - you simply choose a provider, load cash onto it - whether in sterling or another foreign currency - and use it like a credit card to pay for things while abroad. Prepaid...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes