Prepaid Card for International Travel

They say it’s safe and fuss-free. Is it?

When one undertakes international travel, one major concern is money matters – specifically the matter of carrying a sufficient amount of cash (forex) for meeting expenses while abroad. This can be particularly perplexing and daunting if one does not have the benefit of experience or counsel. You may of course think that the simplest way is to carry foreign exchange in currency notes of the host country (dollars for USA, pounds for the UK, and so on). Travellers’ cheques may also look like a good option. Or you may just decide to put your trust in your global credit card. The thing, though, is: these are cumbersome to encash and really do not guarantee utmost safety. So then, is the prepaid forex card your go-to alternative? If yes, why? Read on to find out.

Subas Tiwari & Gopal Ravi Kumar