Advantages of Prepaid Currency Cards for Expats

Have you ever heard of the concept of a prepaid currency card?  No?  Neither had we until very recently!  But apparently these nifty cards are not only bang on trend (!) they are an expat’s new best friend.

We thought we’d better look into the hype surrounding these relatively new ‘inventions’ to see if they really are worth getting worked up about, and we were pleasantly surprised to learn that yes, prepaid currency cards are actually potentially very useful to expats and those of us who travel internationally.

In this guide to the advantages of prepaid currency cards for expats we’ll cover everything from the basics such as “what is a prepaid currency card anyway,” to how and where you might be able to use and benefit from one.

In a nutshell, a prepaid currency card such as PocketCurrency from Currency Solutions is a card that can be topped up with travel money as and when you need it. 

They’re perfect for expats who travel back and forth between the UK and between currencies such as the pound and the euro; what’s more, they’re possibly ideal for you if you’re in the UK and currently looking for overseas opportunities such as a property purchase abroad.  They minimise the fuss surrounding exchanging cash as you travel back and forth looking for that ideal home, and they can actually save you substantially when it comes to currency exchange rates.

Although they are another item for your wallet, a prepaid card actually cuts out a lot of work for the travelling saver and makes queuing at the bank or bureau de change a thing of the past – so they are the latest ‘flexible friend’ if you like!

The prepaid currency cards brought to you from currency exchange specialists such as Currency Solutions can help you to make savings on exchange rates – and this is the fundamental reason to have such a card really.  However, they have other key benefits such as security, simplicity and convenience.  After all, no one likes a queue, especially the kind that starts at the door of the bureau de change and meanders all over the airport!

As the likes of the PocketCurrency card are also protected with chip and PIN technology, users of them find that they’re a much better alternative to carrying wads of cash or even travellers’ checks when you go abroad.  What’s more, because they are 100% disassociated with your bank account, this reduces any potential risk if the card is lost or stolen.  You can top up or check the balance of a prepaid currency card via SMS or online, which means you can control your money from just about anywhere in the world, be it at the airport terminal or poolside with a cocktail.  And finally, because of their ease of use, simplicity and efficiency, they are the perfect solution for those of us who have to work in more than one currency!

You can contact Currency Solutions on + 44 (0) 7740 0000 to find out more about their particular prepaid currency card called PocketCurrency, or look online to learn more about the benefits and advantages of such a flexible currency exchange solution.