Prepaid currency cards the best solution when attending foreign festivals
Britons account for almost half of the tickets sold for Europe’s most popular festivals. By removing ATM fees on all three of their prepaid currency cards, MasterCard Travel Cash Prepaid tries to remove the extra charges that are incurred when using most credit/debit cards abroad.
Brits are festival fans. New figures estimate that over 18 million Britons attend festivals and events across the UK and Europe, spending an average of £187 per person on tickets, accommodation and food while away. In total, British festival attendees spend up to £3 billion overseas per year.
With the expensive and unclear bank fees it is easy to overspend while abroad, those figures just make obvious the need to maximise spends while abroad.
My Travel Cash Prepaid MasterCard
MasterCard created its Travel Cash Prepaid card, which allows cardholders to safely use cash machines abroad knowing that they will not be charged with additional ATM fees.
“My Travel Cash prepaid MasterCard® cards offer a competitive exchange rate compared to purchasing currency at the airport or on the high street, plus the new benefits we introduced in June 2011 help our customers’ travel money go that bit further,” said Myles Stephenson, CEO my Travel Cash.
On top of this, ‘my Travel Cash cards’ also rewards customers for their spending abroad with 1% cashback on all purchases paid directly to the prepaid card account every month; the amount earned is only limited by how much the cardholder spends; no more, no less.
“The cards work like a pay-as-you-go mobile phone, you load them with money before you travel and top them up when needed, meaning you only spend what you load – great if you need to stick to a budget when abroad,” added Stephenson.