Know the Benefits of Multi-Currency Card While Traveling Abroad
With Thomas Cook traveling abroad has become an easy process. Many people are now investing their hard-earned money to travel to exotic foreign locations and gain life experience and make memories. However, when they reach their destination, they face transactional issues which leave a hole in their wallet. Most people think that the traditional methods of payment like using credit or debit cards, paying with the local currency, and traveler’s cheque are the best options when traveling abroad. Yes, many people travel abroad but few know about the benefits of using a multi-currency card. This is a type of Forex product or Forex Card that allows you to load multiple currencies in a single card which can be used abroad as an easier and more profitable payment and withdrawal method.
Let Thomas Cook show you what a multi-currency forex card is and how beneficial it is for a person traveling abroad.
What is a multi-currency forex card?
Out of the many different types of travel forex products available, this very card is considered the best option as it allows you to determine your forex in advance. When you consider this card from Thomas Cook, you can expect the foreign currency exchange rate to be locked in as only the exchange rate at the time of loading the card is taken into consideration. So, you can make different purchases on different days and expect the same currency exchange rate every time. If you think that this card is only used to make payments, then think again! There are many benefits that this card has to offer. So, read on and check them out before you travel abroad.
Load up to 9 currencies
As the name suggests, this card allows the user to load multiple currencies on a single card. So, you make use of this and save on your travels by choosing the right loading and paying system/method with this card. When you consider Thomas Cook’s multi-currency card, then you get to load up to 9 currencies in it at a time. The different currency options are:
- Thai Baht
- Singapore Dollars
- United Arab Emirates Dirham
- Swiss Franc
- Euro
- Australian Dollar
- British Pound
- Canadian Dollar
- US Dollar
Other Benefits of overseas multi-currency forex card
Use it anywhere
One of the best things about this type of card is that they are accepted anywhere in the world. This is the reason why they are often known as Borderless Prepaid Cards. You can use it for any of your travel needs.
If you consider only cash payment, then you have to carry with you heavy bundles of banknotes to make the payments. This is not at all convenient, and most importantly, it is not safe to carry all these banknotes with you in a foreign land. You are not required to roam around with bundles of cash in your pocket when you choose this card to make all your transactions abroad.
Easy loading process
You can never estimate the total amount you need during an international trip because of the fluctuating exchange rates and other factors. It is quite an embarrassing and stressful moment when you are traveling and your travel fund becomes dry. If you carry this card with you, then you never have to worry about running out of money during international travel. Our multi-currency card is a Prepaid Card. So, you have the option to log in to our Forex website and load the card as and when needed.
The process to load this card at Thomas Cook can be done with just a few clicks. Here is a quick overview of the loading/reloading process:
- Log in to our forex website and input your card details, choice of currency for loading, and denomination
- Next, input your traveler details along with your choice of delivery option.
- Once all the information is provided, make a payment online from the many options available
- And finally, once the payment process is completed, you will get the order confirmation at zero service charge marking the end of the process
Better saving opportunity
Yes, credit and debit card transactions are ideal for local transactions. However, when you decide to travel abroad, you should ditch these cards and consider multi-currency foreign exchange cards instead. Not many people know that Debit/Credit card transactions are subjected to high charges abroad. Depending on the country you will travel to, the changes can be anywhere between 3 to 6 %. So, most overseas travelers, without even realizing it, end up paying more than they thought a transaction will cost them. The extra amount that you have to pay for each overseas transaction can hamper your trip budget and also your trip.
When you use this type of card, you do not have to worry about these excessive changes. At Thomas Cook, charges are kept minimal and reasonable. With our nominal rates and the feature to lock in the currency exchange rate, paying with this card abroad will be a much more profitable option than using bank cards. Do you know that you are not required to link your bank account to this forex card? This further reduces the cost of overseas transactions.
If you are still interested in being an advocate of Credit and Debit Cards because they can help you to withdraw currency from ATMs, then you should know that you can withdraw cash from ATMs using this forex card as well. And when we are considered, you can withdraw the cash without any additional charges as we do not levy charges for ATM withdrawal.
Beneficial Features of Thomas Cook’s Multi-Currency Forex Card
Thomas Cook can make all the abroad transaction problems go away with our many Forex Cards that are designed for people traveling abroad. A Multi-Currency Forex card can be an essential part of your trip planning. You will know how much you will be spending even before making the purchase because of its feature of locking in the exchange rate. The following are the major features of our forex card (multi-currency):
- There is no limitation on loading or reloading the card
- Payment process is very easy and there are many options to choose from – Credit/Debit card payment, bank transfers, etc.
- You can load your card whenever you want, there is no waiting period or loading window when our card is considered
- Our Forex card is Chip and PIN protected to ensure the loaded currency is safe and secured
- It comes with 3D secure authentication for the ultimate security
- When you make transactions, you get a transaction alert through SMS and/or E-mail for easy tracking of your payments made while traveling abroad
- You can swipe this card at 70 million Visa merchants operating in more than 200 countries worldwide
- Our card will automatically determine the currency to use for a transaction based on your location
Conclusion
Currency transaction is a vital part while traveling to a foreign country. So, you will need an effective, affordable, and easy way to make transactions when abroad. Thomas Cook Multi-Currency Forex Card can be the best option for you because of its many advantageous features discussed above. To make the complete process easier, we, at Thomas Cook, have ensured you can load this card online seamlessly and quickly. So, take advantage of this, and get this card from us now!
