International Prepaid Cards: When are They Ideal?
Many frequent travellers nowadays never leave home without their international prepaid cards. International prepaid cards have experienced a massive rise in popularity over the years thanks to their amazing features and the unparalleled benefits they offer.
For many, international prepaid cards are the consummate travel companions. They spare you from all the trouble of taking wads of cash with you wherever you go while ensuring you of ease and convenience each time you use them.
When are International Prepaid Cards Ideal?
Having an international prepaid card is ideal in the following scenarios:
If you want to save money on currency conversion charges, getting an international prepaid card is ideal.
Also, if you want to load foreign currency directly to your card, an international prepaid card is your best bet. This feature also allows you to only make currency conversions when the rates are to your liking.
When you want to travel but don’t want to take lots of cash with you wherever you go, you should never be without an international prepaid card.
All you have to do is load money on the card and you’re good to go. You can use it for most of your transactions including paying for hotel fares, purchases, and ATM withdrawals.
If you want a card you can easily reload money onto, international prepaid cards are the best way to go.
With them, you’ll have plenty of reloading options available at your disposal. You can load the card through internet or mobile banking. You also have the option to load money to your card through secure online portals.
Once money has been successfully loaded on your card, you can immediately use it for purchase transactions and ATM withdrawals.
If you want a card that provides beneficial coverage for constant travellers, you can never go wrong with international prepaid cards.
Amazing travel benefits some international prepaid card providers offer include personal air accident protection, loss baggage coverage, lost liability card protection, and counterfeit liability to name a few.
However, that’s not all. Depending on the card you’ve chosen, you might also enjoy other perks like discounts from merchants or bonus points.
If you want to have better control of your spending, using an international prepaid card is your foolproof option.
When you use an international prepaid card, you are better able to manage your money since spending also stops automatically as soon as the balance on the card has been depleted. In similar scenarios, you have the option to reload money on your card again or just choose to no longer use it once all the available balance has been consumed.
Also, it is important to remember that once all the available balance on your international prepaid card has been depleted, you won’t be able to use it for the time being or until such time that you load money onto your card again.
In other words, any transactions you will do (online or merchant purchases as well as ATM withdrawals) will be declined. However, it is only temporary. You can use the card again once money has been successfully loaded onto it.
If you want a card you can easily have blocked in the event of loss or theft, an international prepaid card is hands down your best option.
All you have to do in case of card theft or loss is get in touch with the issuer so you can request for blocking. What’s even amazing is some prepaid card issuers provide additional benefit to their cardholders by providing an add on card in case the primary one gets lost or stolen.