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
Spend Eid in the Swiss Alps
Monday, 21 July 2014
If you want to chill out in the Swiss Alps during the Eid break you can head to the Crans Montana ...
Charge phones and laptops before boarding
Sunday, 13 July 2014
While traveling to the United States, Canada and the United Kingdom from the Middle East, it is ...
Larger overhead bins for Boeing 737
Saturday, 12 July 2014
The world's best selling aircraft, the Boeing 737 will now have more cabin luggage space thanks ...
London most visited city in the world
Thursday, 10 July 2014
London tops the 2014 Mastercard Global Destination Cities Index by overtaking Bangkok which was ...
Halal Ramadan meals at Mandarin Oriental Barcelona
Saturday, 05 July 2014
With Ramadan and the summer holiday season coinciding, an increasing number of hotels in Europe ...
Ramadan near the Swiss Alps at The Dolder Grand, Zurich
Thursday, 03 July 2014
If you would like to get away from the summer heat and relax in the cool air of Switzerland then ...
Start your Adventure
North & South America