Compare Holiday Money Logo

Multi-currency Cards

Compare Prepaid Multi-currency Cards

Multi-currency cards are a type of prepaid card designed to be used as payment for goods and services anywhere in the world. They offer the same level of chip-and-pin protection offered by UK credit and debit cards but with better exchange rates and much lower fees.

See our guide to prepaid multi-currency cards for more information.

To remain impartial these comparisons are ranked solely on the number of reviews each card issuer has received. You may want to compare several cards by clicking on them for full details before you decide which is best for you.

Prepaid Card
FX Fee
ATM Fee
Transaction Fee
Customer Reviews
Order Online
WeSwap Prepaid Card
FX Fee: 1.0%
£1.50
Free
Exclusive to Compare Holiday Money customers: load £50 on a new card and get £5 free! New peer-to-peer approach offering exceptional exchange rates and free ATM withdrawals over £200. Up to 18 different currencies on one card.
Post Office Travel Money Card
FX Fee: Free
£1.50
Free
The Post Office Travel Money Card is a popular choice for Europe. There are no transaction fees but ATM withdrawals will cost you £1.50 each time.
Caxton FX Multi Card
FX Fee: Free
Free
Free
Exclusive offer: £50 Travel Voucher at Caxton Reward. The Caxton Currency Card is one of our featured prepaid cards. Rated highest by Compare Holiday Money customers, their good exchange rate, no purchase fees and free overseas ATM withdrawals make their card one of the best on the market.
Travelex Money Card
FX Fee: Free
Free
Free
The Travelex Money Card was the UK's first contactless travel card and has all of the features you'd expect from an industry heavyweight and you can manage your account with the free Travelex App, You can load up to 10 currencies for which the main benefits apply, but be aware of the 2% reload fee for GBP and 5.75% foreign exchange fee when spending on a different currency to the one you loaded.
FairFX Anywhere Card
FX Fee: 1.40%
£1.00 + 1.4%
Free
The FairFX Everywhere Card has one of the lowest FX fees of all the cards we compare. Coupled with competitive exchange rates, this card is great for use anywhere in the world.
EasyFX Currency Card
FX Fee: Free
Free
Free
Use the Easy FX foreign currency card to spend money anywhere in the world. You’ll enjoy free transactions, free ATM withdrawals and free international transfers wherever you go.

Prepaid Multi-currency Cards

Prepaid Multi-currency Cards - also known as "Sterling Cards" or "Travel Cards" - are a special kind of payment method which are designed to be more cost-effective than a standard UK credit or debit card when used overseas. They are intended to be a modern replacement to Travellers Cheques as they are more secure, more widely accepted and can be used anywhere in the world that accepts VISA or MasterCard.

Like traditional bank cards they are made of high-quality, durable plastic and come complete with chip-and-pin protection as standard which means they are just as secure as a regular bank card. However, unlike traditional bank cards, prepaid cards are not linked to your bank account in any way which means you cannot go overdrawn with them; you simply top-up your card over the phone or internet (paying using your regular bank card) and top your balance up when it runs out. There are no hidden charges and no surprise bills when you return home from abroad!

Most prepaid multi-currency cards are free to purchase (a minimum initial top-up of around £50 is usually required) and are suitable for everyone from solo travellers and couples to families and large groups. Multiple cards can be linked to the same account which is perfect for families on a budget and any left-over currency at the end of your trip can be converted back into Pounds, usually at the rate you bought it at.

Prepaid multi-currency cards lie somewhere between cash and credit / debit cards when it comes to cost-effectiveness. Here are a couple of typical usage examples so you can see how the costs compare. We've used Australian Dollars in our example but the figures are representative of all world currencies:

Aussie Dollars received when spending £100 in a shop or restaurant in Australia*

Aussie Dollars received for £100 from an ATM in Australia*

* Based on data taken on 24/11/14. The cash equivalent was calculated using the AUD rate of 1.7955 offered by Travel FX. The cards we compared were: Moneycorp Explorer Card, Barclays Visa Debit and Barclays Visa Credit.

How do prepaid multi-currency cards work?

Why are prepaid multi-currency cards better than credit or debit cards?

Benefits and limitations

Cash vs Card

Posted by Sam Stone on 25th February 2020

It is over fifty years since the concept of withdrawing cash from a hole in the wall, at any time of day, with a piece of plastic revolutionised our lives. Changes in Banking technology are now happening... read more

Should I buy euros now while the exchange rate is good?

Posted by Graham Morley on 24th February 2020

Should I buy euros now while the exchange rate is good? If you have already booked your holiday in Europe, then you could consider buying some of your euros now. Following Brexit Day on the 31st of January... read more

Is it safe to visit Egypt?

Question: Is it safe to visit Egypt? Answer: It depends on which part of the country you wish to visit. Egypt has long been a popular tourist destination for UK holidaymakers not least for the cultural... read more

Can euros be used in Poland?

Can euros be used in Poland? The short answer is no: euros cannot be used in Poland; you must use their official currency – the Polish zloty – instead. Are euros accepted anywhere in Poland? Some large ret... read more

Will your travel insurance cover you for Coronavirus?

Insurance is a necessary extra expense designed to safeguard travellers, but in these worrying times how can you be sure your holiday policy will cover all eventualities this half-term. Or should you just... read more

Join our monthly newsletter

Latest exchange rates • Special offers & holiday extras • Click here for more details

As aggregators and publishers of exchange rate data we do not endorse or recommend any foreign exchange bureaux that appear on our website. Although we carry out stringent checks on the companies that feature in our comparisons, we cannot guarantee their solvency. Please conduct your own research before transacting with a company.

© 2020 Viridian Media Limited, International House, 142 Cromwell Road, Kensington, London, SW7 4EF | Company Registration Number: 10021682
For insurance booking, Viridian Media Limited is an appointed representative of Financial Compliance Limited which is authorised and regulated by the Financial Conduct Authority.