Compare Holiday Money Logo
UK Flag Ireland Flag

Prepaid Currency Cards

Prepaid currency cards are a safe, cheap and convenient way to spend abroad. Intended to be a replacement for Travellers Cheques, prepaid currency cards offer the flexibility and chip-and-pin security of a standard UK bank card, but with much better exchange rates and no fees or commission. We compare some of the top prepaid currency cards on the market so you can find the best card to suit your needs.

Choose a card type

ICE Prepaid Euro Card

Euro Cards

Take a prepaid Euro card with you to any of the Eurozone countries and benefit from some of the best exchange rates available. Unlike your UK credit or debit card, most prepaid Euro cards don't charge you any fees for making payments or withdrawing cash anywhere in Europe.

Caxton FX Prepaid US Dollar Card

US Dollar Cards

Specifically designed for use in the USA, prepaid US Dollar cards make a great primary or backup payment method. Chip-and-pin security, brilliant exchange rates and no usage fees - you can use your card anywhere in America that accepts VISA or MasterCard including shops, restaurants and ATMs.

Moneycorp Explorer Card

Multi-currency Cards

For use in any country. Multi-currency cards can be used anywhere in the world; your preloaded balance is converted into the local currency wherever you use it. Ideal for holidays outside of Europe and the USA, or for trips to multiple countries with different currencies.

How do prepaid currency cards work?

When you apply for a prepaid card, you typically load it with an initial amount of money which is added to the card balance in electronic format. If you are applying for a card in a specific currency (e.g. Euros), you will be offered an exchange rate similar to if you were buying cash. This exchange rate is used to calculate the amount of funds that will be added to your card. If you opt for a multi-currency card, your balance will remain in Pounds Sterling and will be exchanged into the local currency when you make a purchase.

Purchases made on the card will be deducted from your overall balance, and once your balance reaches zero you will be unable to use it again until you reload it. You can top-up again at any time using a variety of different methods including by Phone, Internet, and Credit/Debit Card. This feature makes currency cards perfect for travelling on a budget or as a family because you know exactly how much you are spending and won't be greeted with any bills when you return home!

All of the prepaid cards we compare can be used anywhere in the world that accepts Visa or MasterCard. Anyone who is over 18 can obtain a currency card, and most do not require you to have a bank account or undergo any credit checks because they are all paid for in advance. There is no risk of going overdrawn with a prepaid card, and you cannot get into debt with them.

Advantages of using a prepaid currency card

Compare Holiday Money Newsletter

Find out more

Why sign up?

  • Latest exchange rates delivered weekly to your inbox
  • Analysis of the latest currency news and our market predictions
  • Exclusive special offers and currency sales
The 5 Best Places to Book a Christmas Holiday

The 5 Best Places to Book a Christmas Holiday

Posted by Matthew Weston on 21st October 2016

  Time is fast approaching until the World prepares for the big celebrations leading up to Christmas. Destinations across the globe deck halls and streets with bells, holly and various festive objects. Lig read more

Inflation Means Inflation

Inflation Means Inflation

Posted by Peter Rudin-Burgess on 18th October 2016

Last week we had Marmite Wars with Unilever and Tesco unable to decide on how to collude on prices and this week we have the inflation figures showing a 1% CPI rate of inflation. CPI is the cost of a... read more