Caxton FX Prepaid card

roscoe3

Any idea if you can see the Euro/GBP rate for the Caxton FX Prepaid card without registering your details?

Would prefer this card over Fairfx due to the free ATM withdrawals but not if their rate is considerably poorer.

Thanks

(PS - Don't want to use Ukash)

eDicky

I can see what is presumably the day's rate:
https://www.caxtonfx.com/currency-cards/why-use-a-currency-card

Currently 1.3480 for €, bit worse than FairFX 1.3555

lean&mean

I know this answer is late but thought it might help others.

The rate Caxton quote is for larger amounts. Rates are here: https://www.caxtonfx.com/currency-cards/why-use-a-currency-card
Caxton used to issue Visa cards but it's now a multiple currency mastercard, so ignore the rates quoted on the Visa card.

The smaller the amount you load, the worse the rate, though it won't vary hugely and the worst rate is still miles better than Travelex and high street providers. That said I think it's the same for FairFx. And Caxton don't charge a fee for ATM withdrawals, whereas FairFx do, so for ATM withdrawals at least, the difference in exchange rate is pretty much wiped out.

Another thing to consider is that the new Caxton mastercard is a multiple currency card, covering about a dozen currencies. Say you're holding US dollars on it, and won't be travelling to the US for a while. You can switch your dollars to Euros at a good rate on the card. You can also hold multiple currencies if you travel a lot but don't want to keep switching currencies when the exchange rate has got worse.

The FairFx cards cover euros, dollars and sterling but are all separate, so switching currencies is much more complicated and costly.
I still have a FairFx sterling card but the ATM costs and exchange costs have put me off somewhat. It's my 'just in case' card. I tend to use the Caxton card for cash withdrawals and my Halifax Clarity for purchases.

Both FairFx and Caxton have good apps for your phone, allowing you to check your balance and to load the card. Though you'll need wifi to avoid expensive data charges. I should also mention that you first need to load your Caxton card online to register your debit card before the phone app will work for loading.

Hope this helps

NiftyDigits

lean&mean wrote: »

I know this answer is late but thought it might help others.

The rate Caxton quote is for larger amounts. Rates are here: https://www.caxtonfx.com/currency-cards/why-use-a-currency-card
Caxton used to issue Visa cards but it's now a multiple currency mastercard, so ignore the rates quoted on the Visa card.

The smaller the amount you load, the worse the rate, though it won't vary hugely and the worst rate is still miles better than Travelex and high street providers. That said I think it's the same for FairFx. And Caxton don't charge a fee for ATM withdrawals, whereas FairFx do, so for ATM withdrawals at least, the difference in exchange rate is pretty much wiped out.

Another thing to consider is that the new Caxton mastercard is a multiple currency card, covering about a dozen currencies. Say you're holding US dollars on it, and won't be travelling to the US for a while. You can switch your dollars to Euros at a good rate on the card. You can also hold multiple currencies if you travel a lot but don't want to keep switching currencies when the exchange rate has got worse.

The FairFx cards cover euros, dollars and sterling but are all separate, so switching currencies is much more complicated and costly.
I still have a FairFx sterling card but the ATM costs and exchange costs have put me off somewhat. It's my 'just in case' card. I tend to use the Caxton card for cash withdrawals and my Halifax Clarity for purchases.

Both FairFx and Caxton have good apps for your phone, allowing you to check your balance and to load the card. Though you'll need wifi to avoid expensive data charges. I should also mention that you first need to load your Caxton card online to register your debit card before the phone app will work for loading.

Hope this helps

Your statement in bold, is inaccurate.

Travelex 1.3259€ for a load of £200
Caxton 1.3258€ for the same

Either way, I would use Kalixa Pay, in order to access their rate of 1.354187€

tremend

Caxton fx appears to have dropped out of MSE's "Best Buy" Foreign Currency Cards.

Why?

NiftyDigits

tremend wrote: »

Caxton fx appears to have dropped out of MSE's "Best Buy" Foreign Currency Cards.

Why?

They changed their product offering?

eDicky

tremend wrote: »

Caxton fx appears to have dropped out of MSE's "Best Buy" Foreign Currency Cards.

Why?

There seems to be obscure logic as to the various cards included and not included in the MSE article. The most recommended on this board, Kalixa Pay, is still not even mentioned in the article. Feedback from users of Seasons card doesn't exist, as far as I know.