|by Mr Credit Card|
Summary: The FairFX Prepaid MasterCard provides consumers with a prepaid card to use while traveling for business or via the internet.
Features and Benefits: There are no initial fees when you sign up and load $20 or €10. There are also no monthly or quarterly fees or hidden charges to carry the FairFX Prepaid MasterCard nor fees for foreign exchange transactions.
How it Works: Cardholders their Travel Money online with either another debit card, credit card or internet bank transfer and then let FairFX know how they want their currency. The funds can either be added to the currency card which includes Chip and PIN protection, delivered to the home free for purchases over £500 or paid to a foreign currency bank account.
Conclusion: The FairFX Prepaid MasterCard is a general prepaid card for those that need a debit style card with no fees. There are no outstanding benefits except for the ability to receive funds with a great exchange rate which may appeal to travelers that don’t want to carry cash.