Travelex says it won't charge ATM fees on withdrawals made with its prepaid travel card

Travelex says it won't charge ATM fees on withdrawals made with its prepaid travel card
Tags: Prepaid / Stored Value / Gift Card, Retail / Off-Premises, Transaction Processing, Trends / Statistics
August 4, 2009

The announcement makes the Travelex Cash Passport the best range of currency cards on the market, offering travelers access to seven global currencies, as well as the added benefits of commission-free loading online and 24/7 global assistance. Nearly all other major prepaid cards offer only euros and dollars, and the majority, including the Post Office and Fair FX cards, charge an ATM cash-withdrawal fee, as well as additional fees for replacement cards and, in some cases, on application. Travelex Cash Passport users also benefit from being able to obtain the card instantly from Travelex shops, rather than waiting on average 7-10 days with other prepaid card providers.