Worry not about spending and worry not about the safety of your money while you travel, your prepaid travel card will do this for you. Prepaid travel money card is the current trend amongst travelers. Slump in the economy is taking a toll on the spending capacity of the traveler and not many people would want to increase their debts under these circumstances.
Prepaid cards are cards similar to debit cards in that you can only spend the money that is already loaded in your card. These cards are not linked to any bank account. These cards will not run you into debts as you can spend only within the limit and there is no overdraft or credit facility available.
Prepaid travel money cards have been popular since the past few years. These cards can be used instead of a traveler's cheque and they also give the traveler the freedom of not carrying cash. Each card has a PIN number that makes the card safer for use.
Any person can possess a prepaid travel money card on production of ID and address proof documents. These cards are readily available for use. Each card provider sets a limit for the minimum load and maximum load of money that can be loaded on to the card. Visa and Master prepaid travel money cards have better acceptance across the world when compared to maestro and electron prepaid travel money cards.
Benefits of a prepaid travel money card
Limitations of prepaid travel card