Lock in great rates with a prepaid currency card

Use a prepaid currency card to lock in great rates for your holiday travel money and take advantage of the stronger pound.

The pound is at a 10 month high against the US Dollar and so those off to the States for their holiday might like to consider fixing their currency exchange rate now on their holiday travel money.

A prepaid currency card can be used to take advantage of a good exchange rate.

These cards are becoming more and more popular. When you load money onto the card the exchange rate is locked in at the price you buy your money at.

With growing popularity, more currency card providers are now in the market, including Lloyds TSB, the Post Office, and specialist companies such as CaxtonFX or FairFX.

You might find our article ‘Currency cards – are they the best option for travel money?‘ useful.

You can get a CaxtonFX prepaid currency card quickly and easily online.

The CaxtonFX card doesn’t have an application fee, monthly fee or transaction fee for purchases in shops. It also doesn’t have any ATM withdrawal fees.

As James Hickman, MD of CaxtonFX says ‘Buying currency on a prepaid card is a great budgetary tool. Travellers looking to take advantage of the pound’s 10 month high against the dollar can fix at today’s exchange rate.

If you’re concerned about sterling falling again, a prepaid card is a great way to protect yourself.’