When you decide to travel, one of the first things you think about is the money you will have to spend before and during the trip. There are lots of factors that influence your spending perspective: the amount of money you need to set aside for purchasing items, for food, and for transportation. You will also need to think about the exchange rate, and how you are going to carry all that money.
Yes, even when it comes to bringing money, you will need something much safer than a wallet. A wallet can get stolen, and once it does, you will face major problems like cutting access to your credit cards, the money you will need to spend to go back home, and so on. To avoid or to prepare for these problems, you must have a travel money card.
The best travel money cards will allow you to spend your money on overseas travel without worrying about the exchange rate or carrying a hefty amount on your person. This article will explain more about the benefits of having a travel money card on your trip.
Multiple currencies
Travel money cards are great especially if you are going to different countries. You can load more than 10 currencies in one card, but it will depend on the maximum number of currencies allowed on your travel money card provider. Common currencies that you can load are US Dollar (USD), Australian Dollar (AUD), UK Pound (GBP), Canadian Dollar (CAD), Japanese Yen (JPY), Chinese Yuan (CNY), Hong Kong Dollar (HKD), and Euro (EUR).
Lock the exchange rate
So that you know how much you will need to put aside for the trip, it would be wise to lock in the exchange rate. We know that rates continuously change, by locking in the rates you can prepare a budget based on a specific rate. You will not be uncertain about your spending money in this way.
Do not worry about overspending
Of course, the idea of setting a budget is so that you will not overspend. Well, it happens to the best of us, and when it does, do not worry about insufficient funds. The great thing about travel money cards is you can reload the card through your smartphones. As long as you have enough money in the bank, you can transfer funds using an app to your travel money card.
Travel money cards are secure
The great thing about money cards is they are not connected to your bank accounts, which means even if it gets lost, you will not fall victim to fraud or theft. There are also other measures such as PIN codes and a way to block access to the card if it is lost.
Additionally, having a travel money card with you means you will only need to bring a small amount of cash. It is safer, and more importantly, it will keep you from being broke in the event of getting your wallet stolen.
On your next trip abroad, consider getting yourself a travel money card. It is practical, it is safe, and it is the best way to convert currencies for multiple places
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