Benefits of Using a Travel Money Card Over Using Your Own Credit Card
by Richa Sharma content marketer
Planning to travel overseas, and wondering what’s a better option, your
credit card or a travel money card? You don’t have to keep rushing to money
exchange locations for every transaction when you are abroad; instead carry a
multi-currency forex card, especially if you are travelling to multiple
countries, within Europe, for example. The options are plenty; you could carry
a HDFC bank forex card, an ICICI
bank forex card or an Axis bank multi-currency card. You don’t have to constantly
worry about money exchange,
and instead carry a small amount of foreign exchange from India. Read on for
more on the benefits of using a travel money card over your credit card.
- One of the biggest benefits is that by getting a
forex/travel card you are safe from the fluctuations in the currency
value; the value of currency you are loading on that specific day will
remain the same throughout your trip. This means you don’t have to constantly
fret over changing values and travel peacefully. You also don’t have to
keep rushing to money
exchange locations to check varying rates. When you carry a
credit card, the highest currency rate on the day of the transaction gets
reflected in your statement.
- With an option such as an ICICI bank forex card,
forex card or Axis bank
multi-currency card, you have the advantage of loading
- While withdrawals at ATMs through a forex card will mean
you have to pay withdrawal fees, you may not have to do so at merchant
outlets. You can make the most of a forex card by using it at PoS
terminals rather than withdrawing hard cash from an ATM.
- When you carry a multi-currency
forex card for your holiday, it allows you to plan
your budget well because you know exactly how much you have, and how much
you can spend, and also don’t have the hassle of accounting for currency
variations. Planning trips on a budget becomes easier than when you use a
If you want to know
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Over Using Your Own Credit Card, visit source blog.
Created on Aug 29th 2018 00:55. Viewed 272 times.