Three travel money cards with free ATM charges
Travel money cards are a good idea when you are travelling abroad and want to make the most of your money. They normally offer better conditions than other cards such as having free ATM charges when carrying out cash withdrawals abroad.
Recent research said that up to £1bn is ripped-off from British bank accounts every time customers use their card when they are abroad. As an example, Consumer Focus said that a Briton taking £200 out of a foreign cash machine with a debit card can be charged about £10.
Comparing travel money cards is a good way of reducing these extra fees as much as possible. The following brands have a system which means that ATM withdrawals abroad are free with their cards.
My Travel Cash Multi Currency Card
You can load this card in sterling and spend or withdraw cash in any currency using a MasterCard prepaid card. This card offers 1% unlimited cashback on all Point-Of-Sale transactions made on the card. Express Delivery means it can be available within 1-2 working days. Currencies available include: Multi Currency Card, Euro Currency Card and Dollar Currency Card.
Travelex Cash Passport Dollar Card
This card allows you to pre-load your travel budget and withdraw local currency at ATMs worldwide, or pay directly at merchants displaying the Visa or Plus logo or the MasterCard Acceptance Mark. There are seven currencies available: British Pounds, Euros, US Dollars, Australian Dollars, New Zealand Dollars, Canadian Dollars and South African Rand.
Cashplus Euro Travel Money Card
Cashplus has several prepaid cards on offer: Pay Monthly, Pay As You Go Card, Pay Annually, Deluxe, Business and Euro. As the brand claims, with their free Euro Card there are no commissions, no ATM, monthly or purchase fees. You can use the card for all your travel expenses from restaurant bills to airfares and hotel bookings.