Multi-currency prepaid Mastercard
The days of the traveller's cheque are gone. Credit and debit cards are now the norm. But did you know that your bank usually charges a premium of as much as 3% every time you use your credit card abroad. And that does not include the profit they make by converting your foreign currency shopping at an exchange rate that you know is not in your favour. Gocash by UAE Exchange in association with Mastercard is your solution.
This new prepaid debit card can be topped up with up to six different currencies and you pay the exchange rate of the date when you loaded the card. If you plan to travel to Europe you can load the card with Euros and shop with ease. No exchange rate surcharges.
You can shop at millions of outlets that accept Mastercard and can also withdraw money from ATMs around the world. You get free email and SMS alerts every time your card is used and you can check the balance online.
If your travel takes you to multiple destinations you can log in online and convert your balance to a different currency. The Mastercard interbank conversion rates will apply. You save on the exorbitant exchange rate markups of your regualr credit card but you still end up paying a cross currency conversion fee of 3%. Not ideal for multi-currency travelers!
If you are traveling to one country, this is a great way to avoid credit card surcharges and retain the convenience and safety of not carrying cash. Currently Gocash is available at UAE Exchange branches across the UAE.
More General Travel News
Experience Nature: new theme for GCC tourists to Germany
Monday, 08 February 2016
The term "Black Forest" generally brings to mind moist cakes, but Maria Amaral, Director ...
World's loftiest mailbox at Burj Khalifa, Dubai
Tuesday, 26 January 2016
Celebrating the sixth anniversary of the world's tallest building, Burj Khalifa, the Emirates ...
400 singers, actors and movie star look-alikes needed by Dubai Parks and Resorts
Monday, 25 January 2016
Dubai Parks and Resorts, set to be the region’s largest integrated theme park destination upon ...
Burj Al Arab reopens Bab Al Yam restaurant
Monday, 11 January 2016
Burj Al Arab Jumeirah has reopened its all day dining Bab Al Yam restaurant following a ...
Which is the first place to celebrate the new year?
Thursday, 31 December 2015
While Sydney's Harbour Bridge and its iconic Opera House feature in all television reports of the ...
Global Village Dubai to welcome 2016 with massive fireworks
Sunday, 27 December 2015
Dubai's Global Village - the international cultural extravaganza which brings together arts, ...
Start your Adventure
North & South America