My Travel Cash Card

TakeThis

dawniebug wrote: »

my Travel Cash is free to top up by debit card once the original $40 has been uploaded so customers are free to upload as often as they like while abroad

Perhaps you should read what I actually wrote....

The other thing that you need to bear in mind is whether your card provider will charge you for topping up the account

mvening

benjus wrote: »

Correct - the point being that 1.49% is less than the mark-up on the exchange rate that you get when you purchase or top up an MTC or Caxton US dollar card. I thought the Kalixa card was in Sterling, like the Globe card, but I may be wrong.

No, it is in Sterling, but there is a 0% fee for purchase, £2.25 for ATM.

mvening

TakeThis wrote: »

Hmmmm.... where have you seen that the Kalixa in denominated in US$?

Your typographical errors are the last thing about which you need to worry.

No, it is in Sterling. You just pay the prevailing rate on the day and 0% charge. ATM the same plus a £2.25 charge.

But for Prepaid $ Card - it means just that - buy some dollars at a rate on a day and that it. No further charges period.

Right off to work.

PS - if your blood sugars low, have a Mars Bar maybe? :rotfl:

TakeThis

The long and short of it is that in the USA, the Cash Passport Globe card will charge 0.99 to 1.49% in total, whilst the Caxton and MTC will charge around 2.5% and 2.5%/3.5% respectively.

It is as simple as that. The rest is just marketing.

TakeThis

mvening wrote: »

No, it is in Sterling. You just pay the prevailing rate on the day and 0% charge. ATM the same plus a 2.25% charge.

But for Prepaid $ Card - it means just that - buy some dollars at a rate on a day and that it. No further charges period.

Right off to work.

PS - if your blood sugars low, have a Mars Bar maybe? :rotfl:

That contradicts what you wrote before..;

Again, for the MTC, Caxton or Kalixa, there is no currency conversion as they are already in prepaid dollars. (This has been clear since the beginning of the thread.)

As to the rest of your statement of no further charges..... why would they need to make any if they already grabbed £3.50 per £100 that you load?

Do you think that you have spotted a bargain??

Wouldn't it be preferable to utilise a card that only takes 99p to £1.49 per £100... period...or one that takes as little as nothing at all?

Don't confuse yourself or let the marketing confuse you.

Thank you, had Croissant with Parma ham, Manchego cheese and chilli olives...washed down with strawberry juice. None of that sugary confection for me.

AmitSharma

I am sure this is deja vu but I have had this discussion about Travelex and travel cards before with calculations and a bit of abuse thrown in :0).

Another one worth considering is the moneycorp travel card which allows you to have 14 currencies on the same card.

So unlike the others, you aint carrying seperate cards in your pocket but one card to be used in any of those 14 currencies. Not sure how it compares price wise but functionality wise - sounds super.

Cheers

TakeThis

AmitSharma wrote: »

I am sure this is deja vu but I have had this discussion about Travelex and travel cards before with calculations and a bit of abuse thrown in :0).

Another one worth considering is the moneycorp travel card which allows you to have 14 currencies on the same card.

So unlike the others, you aint carrying seperate cards in your pocket but one card to be used in any of those 14 currencies. Not sure how it compares price wise but functionality wise - sounds super.

Cheers

Have can you recommend it worthy of consideration if you don't know "how it compares pricewise"?

Why would it be "worthy of consideration" against a Global card which can be used mostly everywhere with far more transparent(and in this case) keener pricing.?

AmitSharma

TakeThis wrote: »

Have can you recommend it worthy of consideration if you don't know "how it compares pricewise"?

Why would it be "worthy of consideration" against a Global card which can be used mostly everywhere with far more transparent(and in this case) keener pricing.?

Not a recommendation - only a consideration and I simply did not have the time to compare prices last night :0)

Not sure what you mean by a global card btw - all cards MasterCard/VISA are global for that matter. I have not got a moneycorp card because they launched these 14 currencies bit recently - but i do like the idea that all 14 currencies sit on one card and I do not have to carry 3 different cards if i want a euro, dollar and sterling card.

Just think it is quite interesting and hence, it is worth considering and researching and I would definitely compare the prices if I wanted to get a travel card.

Currently am happy with my caxton card :0)

TakeThis

AmitSharma wrote: »

Not a recommendation - only a consideration and I simply did not have the time to compare prices last night :0)

Not sure what you mean by a global card btw - all cards MasterCard/VISA are global for that matter. I have not got a moneycorp card because they launched these 14 currencies bit recently - but i do like the idea that all 14 currencies sit on one card and I do not have to carry 3 different cards if i want a euro, dollar and sterling card.

Just think it is quite interesting and hence, it is worth considering and researching and I would definitely compare the prices if I wanted to get a travel card.

Currently am happy with my caxton card :0)

Global cards such as Caxton Global, Kalixa and Travelex Cash Passport Globe are designed for use everywhere, so little point in having a card with 'fourteen currencies", especially when those currencies cost more to purchase than the cost of simply using one of the Global cards....which of course can be used in much more than fourteen differing currencies.

AmitSharma

TakeThis wrote: »

Global cards such as Caxton Global, Kalixa and Travelex Cash Passport Globe are designed for use everywhere, so little point in having a card with 'fourteen currencies", especially when those currencies cost more to purchase than the cost of simply using one of the Global cards....which of course can be used in much more than fourteen differing currencies.

I think you miss the point - it's not just caxton, Kalixa, travelex, fairfx, etc etc - all MasterCard, VISA cards can be used anywhere where MC and VISA are accepted worldwide - so by your definition, all GBP cards are designed for use everywhere and they are all global

I guess the question I would ask is if you were travelling to the US - which currency card would you use - The ABC global card in GBP or the USD card from ABC? The answer should be the USD card.

Same way - if you were travelling to France, - which currency card would you use - The ABC global card in GBP or the EURO card from ABC? The answer should be the EURO card.

So if the costs are comparable, why not have a moneycorp card which has GBP, EURO and USD all on the same card with other currencies too?

Given that it does have GBP as a currency, it would be just as "global" as any other global card.

All I am saying is I would prefer to carry one travel card in my pocket as oppossed to say 3-4 if I had the choice but most importantly, that would be dependant on the costs of doing so being comparable but that is just my opinion and I currently use Caxton with a great deal of satisfaction.

ciao