Post Office Travel Money Card
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Enigma_Code
Posts: 6 Forumite
in Credit cards
I'm not sure if this is the right sub board, however.... The Post Office have revamped their travel money card so that you can put on US, Australian and NZ Dollars on it and use it abroad. An interesting conversation has arisen, my son is travelling the world, he wants to buy a scooter in Mexico to travel around - he has found one and the shop owner wants payment in US dollars. I'm wary of paying via Western Union using debit cards etc in case they scam my card - so I was wondering if I could put the amount the scooter will cost on my travel money card and pay Western Union via that card (it also has a mastercard symbol on) so therefore if they try to scam the card they won't be able to as the card will only have the agreed amount on. I rang PO Money travel and they said they were unable to advise me if this was possible. Can anyone out there advise?
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Comments
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If you would like to avoid the worst exchange rates, forget about using the Post Office card.
How much is the scooter you are buying from a Mexican shopkeeper (unseen?), and is paying by Western Union your only option?. How old is your son and how is he carrying funds on his trip? With more details, suitable advice might be given.Evolution, not revolution0 -
More importantly, does he have experience riding a scooter / motorcycle? What about travel / medical insurance? Is he covered for riding scooters / bikes?
Insurance companies often class this as a hazardous activity and the rider must have a license to ride the scooter / bike in their own country in order to be covered whilst abroad.
If no experience / license / medical insurance, then it's a recipe for a disaster.........0 -
Enigma_Code wrote: »I'm not sure if this is the right sub board, however.... The Post Office have revamped their travel money card so that you can put on US, Australian and NZ Dollars on it and use it abroad.
You should definitely avoid this card due to the costs involved. The best prepaid card is the Monzo card it is 100% free. You can use it in any country for payments or withdrawals without any fees and an almost perfect exchange rate.Enigma_Code wrote: »An interesting conversation has arisen, my son is travelling the world, he wants to buy a scooter in Mexico to travel around - he has found one and the shop owner wants payment in US dollars. I'm wary of paying via Western Union using debit cards etc in case they scam my card - so I was wondering if I could put the amount the scooter will cost on my travel money card and pay Western Union via that card (it also has a mastercard symbol on) so therefore if they try to scam the card they won't be able to as the card will only have the agreed amount on. I rang PO Money travel and they said they were unable to advise me if this was possible. Can anyone out there advise?
Western Union are a reputable company used by millions of people a year and would not stay in business long if they stole money from people!.
When you send money via Western Union the people receiving the money only get the amount you have sent and have no access to any of your personal information. There is no way they could possibly get your card details or take any more money than you sent.0 -
More importantly, does he have experience riding a scooter / motorcycle? What about travel / medical insurance? Is he covered for riding scooters / bikes?
Insurance companies often class this as a hazardous activity and the rider must have a license to ride the scooter / bike in their own country in order to be covered whilst abroad.
If no experience / license / medical insurance, then it's a recipe for a disaster.........0 -
If you would like to avoid the worst exchange rates, forget about using the Post Office card.
How much is the scooter you are buying from a Mexican shopkeeper (unseen?), and is paying by Western Union your only option?. How old is your son and how is he carrying funds on his trip? With more details, suitable advice might be given.0 -
Enigma_Code wrote: »Thanks for your response, the scooter is $600 and seller will only accept Western Union for those outside of Mexico. Son is 18, this question is about money transfer, insurance licence etc another subject and already dealt with within his travel arrangements.Evolution, not revolution0
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''Only accepts Western Union'' would make me run a mile!0
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Edicky... sorry, I think I was responding so yet another comment on insurance on the wrong response! He has funds, but the cost of the scooter is additional so to speak, and expecting it from the Bank of Parents... It was just a thought as I have this post office card which I use, I don't use credit cards and it seemed like a reasonable idea to use the Post Office card with already having it.0
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Too late as I was persuaded toget a post office prepaid card when I travelled to Italy last month. It was very convenient though and I avoided travelling without cash or to use an English credit card to pay for restaurant meals and hotels . Guess may be a good idea to stop using it but there is a penalty0
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Too late as I was persuaded toget a post office prepaid card when I travelled to Italy last month. It was very convenient though and I avoided travelling without cash or to use an English credit card to pay for restaurant meals and hotels . Guess may be a good idea to stop using it but there is a penaltyEvolution, not revolution0
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