5 Forex card features you should look out for already

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Travel

So, you are a traveller? Business or pleasure, multiple trips all around the year, take you to all kinds of places, and you love it, right? But, often the pleasure of travelling is eclipsed by the surreptitious sources of misery and anxiety.

One of the sources of pressing concerns for any traveller is money. From funding the trip to spending on the trip, your financial situation sometimes takes a hit without your knowledge, and that experience can certainly corrupt the senses of solace and comfort inherent to travelling. But, often the pleasure of travelling is eclipsed by the surreptitious sources of misery and anxiety. One of the sources of pressing concerns for any traveller is money. From funding the trip to spending on the trip, your financial situation sometimes takes a hit without your knowledge, and that experience can certainly corrupt the senses of solace and comfort inherent to travelling. But this situation can be altered, and the secret lays in the good management of your forex through a forex card! 

Now, you must be thinking – “Why a forex card?”. Well, there are multiple ways to conduct currency exchange. From getting yourself a traveller’s cheque to doing the traditional currency exchange at the bank counters, you have quite a few options. But there is not an iota of doubt that the best option is travelling with a Forex card. Here’s why –

  1. A forex card allows you the opportunity to go cashless! Traditionally, we have always favoured the concept of carrying cash along as and when we travel. But this practice may give way to the occurrence of unfortunate and distasteful situations, such as loss of cash due to thievery or absent-mindedness. A forex card will save you from these possible tribulations. You can load money and use the same as local cash as you holiday in the country. Plus, if you lose the card itself, you will immediately have the card locked following a report and be assigned with a second card with immediate effect.
  2. One of the premium attributes of a forex card is that it facilitates better exchange rates on currency conversion. So, instead of purchasing foreign currency as cash, next time before the trip, get yourself a forex card. With a forex card, the cardholder gets cheaper currency exchange rates. And, every time you carry out a financial transaction in a foreign country, you will invariably be aware of the conversion rate you pay.
  3. In case you plan to go from one country to another, you know that you would need access to multiple currencies. Now, if you have been a long-term user of credit or debit cards, you would know that none of these cards can help to resolve the multiple currency requirement. But a forex card, on the other hand, can be loaded with multiple currencies. So, if you must travel from one country to another, you do not need to carry out currency conversions in different countries. All you need to do is load your forex card with money and use the loaded money as local cash. 
  4. It goes without saying that forex cards are not only about convenience, but also safety. The traveller can load it with cash, and hence, would not need to take cash along during the trip. Secondly, as and when you use the card to withdraw cash, you will always receive transaction details on your phone. The details are received on a real-time basis leaving no room for either discrepancy or suspicion. In case you spot any possible illegitimate financial transaction on your card, you will receive information about the transaction, and the matter can be addressed immediately. Remember, your forex card is PIN-protected.

    Forex cards are accepted everywhere! Inasmuch as forex cards are universally recognised, they are accepted by one and all across the globe. All you need to do is go to a nearby ATM and withdraw money in the local currency. Now you may think, what is wrong with a traveller’s cheque or credit and debit cards? So, the thing is with a traveller’s cheque, you will have to wait on a bank hand and foot to open and accept your traveller’s cheque, so that you may finally, at the end of the entire rigmarole, withdraw your money. And as opposed to credit and debit cards, forex cards are way cheaper. Also, in cases of the credit or debit cards, you will have to pay the dynamic currency conversion fee, unlike in case of a forex card transaction.

    Forex cards can always be counted upon! They are tailor-made to the unique requirements of a traveller. In fact, in case you plan to go on a multi-country trip, you must get yourself a forex card. Just give it a try, you may thank us later! 

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