Hi about 89 sleeps to go before we fly to florida, is a prepaid currency card as widely accepted as traveller cheques use to be ie in walmart,restuarants,parks etc am i right in thinking there is no charge when i get home as with a credit charge bill.
Many Thanks Poolman[8]
I've got a First Choice one and its taken everywhere,make sure you enter credit card though when presented with an option on the card reader. Its great in keeping to your budget as you just preload your holiday spend and you don't come back to big credit card bills.
Andy
We have a Thomas cook one,much easier than travellers cheques and accepted everywhere no problem, we can chck the balance online as well
Eric
Just got back and took a first choice card it was accepted at all places. I signed for everything!! dont think they have chip and pin (apart from at gas stations) and you can manage the account online - top up etc!!
andy_d, why do you say "make sure you enter it as a credit card when presented with an option?" Does it charge you if you put it in as savings etc? I would have thought it would charge a fee if it thinks it a credit card? Please advise. Thanks
<blockquote id="quote" class="ffs">quote:Originally posted by Oceansplasher
andy_d, why do you say "make sure you enter it as a credit card when presented with an option?" Does it charge you if you put it in as savings etc? I would have thought it would charge a fee if it thinks it a credit card? Please advise. Thanks
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I suspect that the reader won't accept it if you select the Debit card option - I have the same issue with my Nationwide Debit card. I've never been charged a fee though.
The only fee you pay with a Fairfx one is $2 for taking out cash from a machine. There's no bill to come back to as you are spending your own money so can't overspend. Fairfx rate was 1.62 online a day ago but didnt check yesterday. The good thing is that if you are running low youu can top it up with your UK debit card and it loads virtually instantly so you don't need to laod all your spending money on it straight away if you don't want to (either for budgetting or security.)
Babblin Boo
The reason you have to put it through as a credit card rather than a debit card is because the us banking system does not recognise uk cards as debit because the banking system is not linked. the transactions are processed through visa/mastercard -there is no fee involved. if you try and put it through as a debit card it will reject it.
<blockquote id="quote" class="ffs">quote:Originally posted by steph_goodrum
The only fee you pay with a Fairfx one is $2 for taking out cash from a machine. There's no bill to come back to as you are spending your own money so can't overspend. Fairfx rate was 1.62 online a day ago but didnt check yesterday. The good thing is that if you are running low youu can top it up with your UK debit card and it loads virtually instantly so you don't need to laod all your spending money on it straight away if you don't want to (either for budgetting or security.)
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Don't you also have to pay the US ATM bank a handling fee as well?
<blockquote id="quote" class="ffs">quote:Originally posted by NigelM
<blockquote id="quote" class="ffs">quote:Originally posted by steph_goodrum
The only fee you pay with a Fairfx one is $2 for taking out cash from a machine. There's no bill to come back to as you are spending your own money so can't overspend. Fairfx rate was 1.62 online a day ago but didnt check yesterday. The good thing is that if you are running low youu can top it up with your UK debit card and it loads virtually instantly so you don't need to laod all your spending money on it straight away if you don't want to (either for budgetting or security.)
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Don't you also have to pay the US ATM bank a handling fee as well?
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my daughter didnt when she took cash out. It may be like at home where some machines charge and some don't possibly. Havent used ours for ash yet and dont intend too unless necessary.
Babblin Boo
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