Travel cards are essentially debit cards that are designed to recharge with single or multiple foreign currency/ies before travelling to abroad. Travel money cards are a trouble-free, popular, and safe way of carrying foreign currency overseas.
The biggest benefit of loading up the travel card with your preferred currency is that you can do it when the exchange rate gives you higher value against the currency you are converting into. Suppose you are travelling to the USA, so convert INR to USD when USD at its lowest price of the week; this way you get more worth for the domestic currency. Also once you have a loaded travel card, you don’t have to pay conversion charges every time you shop at abroad.
International travel cards are ideal for those who:
- travel a lot thus do not have time to convert money multiple times
- have to travel to several countries therefore, need a travel card to keep multiple currencies in a same card instead of carrying the multiple types of hard currency in their wallets
- wish to get a better exchange rate; airport conversions are often costly because they have high commissions as well as low exchange rate
Usually, every travel card offers an option to load US dollars, pounds, Euros, Australian dollar, New Zealand dollars and many other currencies.
Now you can load your travel card online. It also works as a standard debit card and can be used to withdraw cash from ATMSs, buy tickets on the public transport, pay taxi bills, buy restaurant meals, book hotels and flights online or shop at malls.
As the technology has improved and our travel habits have changed, our payment methods have also been improvised. Traveler’s cheques have become obsolete and have been replaced by the travel cards. There is no need to use your domestic debit cards outside India and pay heavy commissions to your bank/s for their international use.
There is still a lot of improvement has been happening on the use of travel cards with an aim to make it convenient for travelers to spend and manage their money carefully and safely in foreign lands. Apart from financial institutions, even a few airlines have started offering travel cards but you must check online for many currency exchange websites and their home-delivery service for travel cards. Keep a tab on the value of your currency of choice for a week to get good exchange rates!
Currencykart is India’s online marketplace for currency exchange, Multi-currency travel card, Travel Insurance, and remittances (wire transfer). Just login @www.currencykart.com or call @9599074001/2 to book your order.