Wednesday, January 27, 2010

Travellers offered tips on currency exchange

Pre-paid currency cards could be a wise choice for those heading off on holidays to Australia, it has been suggested.

Donald Strachan wrote for the Daily Telegraph this week that there is the potential to make savings through this type of plastic, which are also easy to obtain, simple to use and offer the same level of security as a credit card - although consumers should watch out for charges.

Most prepaid cards are available in euros and US dollars, but other denominations can be found. According to MyTravelCash, the popularity of Travelex's Cash Passport Visa surged when it began to offer Australian dollars and additional currencies.

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