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Prepaid cards 'could make good Christmas presents'

A prepaid card could be an excellent Christmas present to give to a loved one, it has been suggested.

More from Card Types
9 December 2009

Prepaid cards 'could make good Christmas presents'

According to Caxton FX, a prepaid currency card could be a perfect gift for a friend or relative who is planning a holiday.

It added that this type of card is a present that keeps on giving as it can be used long after the festive period has ended.

Prepaid cards also have many advantages for those intending to travel abroad.

For instance, the card must be preloaded with money before it is used, so it is impossible to spend over the loaded amount, making budgeting much easier.

The card also looks much like a traditional debit or credit card and can be used for payments anywhere that takes these payment types.

The Caxton FX prepaid MasterCard is available in euros, US dollars or sterling and the exchange rate can be fixed so users know how much they are spending at any time.

Prepaid cards are also available from O2 for people who are part of the O2 network and Fair FX.

Written by Sam Dawson ©

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