Currency Cards Comparison

Currency Cards are also commonly referred to as Travel Money Cards. Other generic names include FX cards and travel cash cards. Some of the most popular currency cards around at the moment include the FairFX currency card, the Travelex Cash Passport and the Caxton Currency Card. The idea with these cards is that you load the card with money before the trip, and then use it for overseas ATM withdrawals and purchases.

Prepaid travel money cards have just become popular over the past two years. They can be used instead of travellers cheques. However, before you travel, make sure you compare the best prepaid cards available for use abroad to find the cheapest, safest and most convenient way to carry your travel money overseas.

Currency cards, (sometimes called a travel money card) are much like prepaid debit cards - with a twist. Instead of storing pounds sterling on your card, your UK money is exchanged by a foreign exchange firm - and then deposited on your prepaid card in either euros or US dollars.

However, there's one way that currency cards aren't like traditional prepaid debit cards - their charges are much lower. This not only makes them great value travel money, in addition, if you ever have to purchase anything that's priced in dollars or euros, it should be a no-brainer to use a currency card instead of your normal back card or credit card.

Most currency cards are free to use at point-of-sale, as long as if you're using the card to buy goods that are in the same currency as the currency on the card. That means that there are two main charges which you need to bear in mind when selecting your currency card - the exchange rate, and the ATM fee.

Our intention is to provide the best general information about currency cards. We want to make sure that we only recommend the best currency cards, so we're very keen to hear your feedback on your own experiences using currency cards.