The use of prepaid currency cards has gained popularity in the past months especially among holiday travellers. High street banks such as Lloyds issue prepaid currency cards as well as specialist providers including FairFX and Caxton FX. We now continue our reviews with a focus at the RationalFX currency card.
Who are the RationalFX?
The RationalFX is headquartered in the City of London and focuses on dealing directly with the currency markets to match buyers with sellers.
It is an independent foreign exchange company that provides its clients with a competitive edge in foreign exchange prices.
An introduction to the RationalFX currency card
The Rational Travel Money Card is a prepaid MasterCard card that works like a debit card. You can load it by topping up online using RationalFX’s web site, over the phone or via SMS.
It allows users to enjoy all the perks of a Prepaid MasterCard card with no credit check and no interest payments almost anywhere in the world as long as the shop accepts MasterCard payments.
You can top-up the card when your balance is low. It offers the following advantages:
- No bank account required
- Wages can be paid directly onto your card
- Competitive exchange rate
- Accepted worldwide in-store & online
- Only spend the money that you load onto the card
Load and top-up
Using your phone, you can top up RationalFX currency card any time by visiting the “My Account” section of the company’s web site. Log in and register your preferred debit card and enter the appropriate information.
How much does the RationalFX currency card cost?
There are two RationalFX currency cards.
US Dollar Rational Card – for use in countries using the Dollar as the primary currency.
Euro Rational Card – for use in countries using the Euro as the primary currency.
Signing up for the US Dollar Rational Card costs £9.95
Signing up for the Euro Rational Card costs £9.95
There is no fee for the card but there is a £9.95 deposit when you apply. This deposit will be added to your overall balance when your first balance is £500 or more.
How can I get the RationalFX currency card?
You can apply for a RationalFX card online – it only takes a few minutes.
You need to activate your card after loading. This can be done either online or by SMS.
You may also find our article on prepaid currency cards – are they the best option for travel money useful.