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.

Are International Prepaid Cards a Great Idea? Read This and Find Out!

Let’s face it, the advantages of using international prepaid cards abroad are quite enticing. For starters, using international prepaid cards are safer than using cash, they’re easy to obtain, and they are very convenient and easy to use.

As if not enough, some prepaid cards can also help you save a significant amount given they are preloaded with the local currency prior to leaving the country. In addition, since prepaid cards don’t come with credit capability, they’re very easy to obtain.

The Consummate Travel Companion

For many travellers nowadays, prepaid cards have not only become their plastic card of choice, it has also become a staple for them. In fact, many consider their international prepaid cards to be the ultimate travelling companion and ally.

Aside from all the exciting advantages mentioned in the early part of this article, prepaid card users also incur a very minimal amount in terms of charges and fees when they use their cards abroad. In other words, you don’t have to spend a fortune on currency conversions as well as foreign transaction fees.

Yet another reason that has endeared prepaid cards to many is they make it very easy for cardholders to adhere to the budget they have set. Since both transactions and ATM withdrawals are limited by the balance that’s available on the card, overspending can be avoided very effectively.

The safety and security prepaid cards offer is without doubt one of the main reasons people never leave home without taking their prepaid cards with them when they travel. When you use an international prepaid card, you can say goodbye to all the hassles and stress of carrying a huge amount of cash with you anywhere you go.

Also, since you are not carrying a huge amount of cash with you as you travel around, you effectively avoid the risk of having your cash stolen or misplaced. Losing your money is the last thing you want especially if you’re travelling abroad.

Why Take Your Prepaid Card with You

If you have not taken your international prepaid card with you outside the country, below are some of the practical reasons why you should:

  • Most international prepaid cards allow cardholders to load as many as 16 various currencies on their international prepaid cards.
  • In some cases, international prepaid cardholders enjoy exciting perks when using their cards. Some issuers of prepaid cards also award reward points for some transactions done using the card.
  • When used abroad, there is a huge possibility cardholders will also get attractive discounts each time they perform pay for products and services using their international prepaid cards.
  • In the event that the international prepaid card is lost or stolen, cardholders have the option to get an add-on card.
  • If you wish to check the available balance on your card, you have the option to do balance inquiries at ATMs where your card is affiliated. However, more often than not, international prepaid cardholders are notified through text each time they do a transaction using their card. Typically, the available balance on the care will also be included in the notification.

Best Practices When Using Your Prepaid Card

To ensure a seamless and convenient usage, keep the following basics in mind when using your international prepaid card outside the country:

  • When you use your international prepaid card, users can save a good amount of money when it comes to currency conversion fees.
  • Apart from the privilege to load a foreign currency on the card, international prepaid cardholders also have the freedom to do currency conversions when the rates are favourable.
  • In the event that your balance is depleted while overseas, you have the option to load money on your card through a secure online portal.