Also known as cash passports, these cards allow you load money onto them before your trip or while you are away via phone or over the internet. You can use them to make purchases and foreign cash withdrawals from ATMs. They are safer than taking actual cash as they also have credit card-like security with pin number access.
The three main advantages of using a prepaid travel card are:
- Timing - Buy the foreign currency to take advantage of favourable exchange rates
- Cheaper - The exchange rates are better than using cash or your normal card and have low or zero ATM fees
- Secure - They are much safer than carrying cash and more secure than using your usual credit card
The below list of featured cards make it easier for you to choose which card suits you the best for your travels.