The international prepaid travel card is the card that can be loaded with foreign currency for you to spend while on your travel to foreign countries. Just intimate your travel destination to the foreign exchange service provider and they in return will inform you about the recommended foreign currency to be loaded and the present currency rates. It is always advisable to rely on an authenticated service provider who holds a license from the Reserve Bank of India. Foreign currency is also required but international travel cards have been found to be more reliable than Cash.
Why international prepaid travel card is reliable than cash?
- Forex rates tend to fluctuate making you pay more than you budget in cash
- The international prepaid travel card is often loaded with foreign currency much before the travel, winning overall fears of rate fluctuation.
- Carrying huge cash is risky and not manageable but a single forex card is simple and hassle-free
- The international prepaid travel card can be blocked on theft or loss which is not possible for cash
- Load your card with local currency to withdraw in the currency of the foreign destination that you are traveling to
- Multiple currencies can be loaded in the same card unlike cash which leads to different conversion rates
- It has the facility to exchange the balance currencies to INR/local currencies.
- Load 9 different currencies which are AED, AUD, CAD, CHF, EUR, GBP, JPY, SGD, and USD.
A foreign exchange prepaid card is just the usual debit card to be used abroad for paying through PoS terminals, swiping, and withdrawing funds through ATMs in foreign locations. A forex card is prepaid or preloaded giving you access to money even in foreign lands. You can load multiple currencies depending upon the country that you are traveling to.
This is the most well-known way to travel with foreign currency in the form of a single card. International prepaid travel card has wide acceptance facilitating withdrawal of cash in local currency anywhere. It also empowers you to spend on your travels across the world without incurring any cross-currency charges.
