OzForex enters travel card market
There is no doubt that Aussies are becoming far more receptive to prepaid travel money cards – but which products are the best?
Holidaymakers have plenty of options available to them and it is definitely worth comparing each deal.
Currency specialist OzForex is the latest organisation to enter the travel money card market and bosses at the firm believe their new offering takes some beating.
Chief executive at the company Neil Helm said that Aussies will receive the best exchange rates when they take advantage of OzForex's card.
"Because we are a currency specialist, not a bank, we are able to offer rates at much tighter exchange rates than other providers," he remarked.
There are numerous benefits to be had from buying a travel credit card. If you lose your wallet, you can simply phone up and cancel the card, whereas cash is obviously lost forever.
You can also protect yourself against sudden currency fluctuations, as most providers will lock in the rate of exchange at the time of purchase, so if the value of your money does fall before you head aborad, it won't affect you.
Have a question about travel money? Ask the money gurus at Mozo Answers.