With reports of snow starting to fall early in France, many will be booking their ski holiday. We take a look at how to get the best deal on your skiing travel money.
When you travel abroad, whether it be for your skiing holiday or indeed your summer holiday or business trip, there are a number of options available to you for your travel money – from cash, travellers cheques, debit or credit cards to prepaid currency cards.
Prepaid currency cards are increasingly popular and are considered by many as the way to get the best deal on your travel money.
They are more secure than such as cash, easy to carry and use.
You load the amount of money onto the prepaid card so that you know exactly what you can spend and as there is not a credit facility you will not exceed this amount. Load more money onto the card if you want to spend more.
As the card doesn’t have a credit facility you don’t need a credit check to one – meaning you can’t be rejected for one if your credit history is poor.
Most travel currency cards are backed by Mastercard or Visa and are therefore accepted widely by retailers and restaurants.
You will need at least a few days to organise a prepaid card so it’s to best to consider sooner rather than later as you plan your ski holiday, travel insurance etc.
There are other options for your travel money, including
- Cash has some advantages in that you can exchange it for the local currency whilst abroad at relatively low cost. However if it gets lost or stolen it’s unlikely that it will all get replaced, even if you have travel insurance.
- Debit cards or debit cards can be used but be aware that there are usually charges associated with making transactions abroad, plus of course you will have had to have passed a credit check to get a credit card.
- Travellers cheques offer more security than cash but they can be quite expensive and are not accepted by all.
Whilst there are other options for your skiing travel money, many consider the upsides of prepaid cards greater. Of you need to make your own judgement and select the option that best suits your own specific needs.