Travelex - Card Overview

Travelex prepaid multi-currency card star rating

The Travelex platinum prepaid money card is a prepaid Mastercard® currency card designed specifically for overseas travel. You can load up to 10 currencies on the contactless card. You can take advantage of Travelex Money App, which allows you to check your balance and reload on the go.

The Basics

  • Topup with a choice of up to 10 currencies

  • You can lock in exchange rates

  • Use the travel card abroad across millions of locations

  • Free wifi worldwide

  • 24/7 assistance if the card is lost or stolen, with the option of emergency cash

  • A limited number of currencies compared to some other cards

  • The cross-currency conversion fee of 5.95% is high

One-Off Costs

  • CARD COST

    Free
  • ADDITIONAL CARD COST

    £5

Usage Fees

  • TRANSACTION FEE IN UK

    Free
  • TRANSACTION FEE IN EUROPE

    Free
  • REPLACEMENT CARD

    Free

Limits

MINIMUM SINGLE LOAD

£100

MAXIMUM SINGLE LOAD

£30000

MAXIMUM BALANCE

£30000

How does the prepaid multi-currency card work

The Prepaid multi-currency card allows you to add money to your card before travel (loading the card) and then when abroad you can use the card as you would with a normal debit or credit card to buy goods and services and also to withdraw money. The key difference is that you will obtain better exchange rates and with much lower fees in comparison to your UK debit and credit cards.

Can I lock in the exchange rates when I buy a prepaid card?

Yes, you can lock in rates in different currencies before travel and also transfer between different currencies online as you travel.

How long does the currency card application process typically take?

Most applications take a few days to process and then your card is sent to you.

Will I get charged to use an overseas ATM?

Mostly not, but this depends on the supplier, you can check this by pressing “more details” underneath each card we compare.

Where can I use the multicurrency Card?

Anywhere that accepts Visa or Mastercard

Is there a minimum age limit?

Yes, to apply for the currency card you will need to be at least 18 years old.

Are there any credit checks?

No, as the currency is paid for in advance and you can’t go “overdrawn” there are no credit checks performed