Saturday, February 19, 2011

FairFX pre-paid Mastercard (my version of details)

When I am in Spain I use a prepaid € MasterCard from FairFX. If you would like one please sign up through this link

You normally have to pay £9.95 for the card but through this link it is free and I will donate £2.50 to Breakthrough Breast Cancer, If your first purcahase of currency (load) is for £250, I will double the donation & you wiil also be given £2.50.

You can add money to the card at anytime, for no fee/charge, your GBP will be converted at the rate shown to €'s or $'s and saved on the card ready to spend on holiday.

If you use the € card in Spain (or any € country) for a purchase there is NO charge. A withdrawal from an ATM is only €1.50, the €'s are bought commission free & no loading fee plus there are no other charges. This is the same for US $ card and the £ anywhere card.

If you buy a £ card its great for Ryanair (no excess charge) all you pay is, like with any purchases or ATM withdrawal with this card, a fee of 1.5%. With this pre paid mastercard you keep control, unlike a credit card, you can't go overdrawn and get those interest charges and fees when using it abroad

It's a great way to save for a holiday abroad as you just load the currency onto the card whenever you have a few £'s spare and it's ready to spend for free. The card is run by Newcastle Building Society this info is my summary of the card from my use and it is up to you to check the details on the FairFX site.

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