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Using Prepaid Credit Cards When Traveling

By Edited Nov 13, 2013 0 0

Traveling with lots of money, especially cash, makes for an easier vacation flow. Cash on hand may feel better in a sense, but when traveling you become a potential prey for robbers to steal your money, especially what is in your wallet. Sometimes travelers checks can reduce some of this pressure of being a theft target, but they are not always easily accepted my merchants. Prepaid credit cards are the newest way to travel with protected funds. They may even help with budgeting and expenses. 

 

Benefits of a Prepaid Card

If you happen to lose your prepaid card or someone steals it from you, making a quick phone call to the credit company can put a damper on anyone stealing your money. The card can be cancelled and you can retain control over your funds.  Your credit can also be protected from fraudulent transactions being made in your name.  Credit companies understand this can still happen so they will work with you to either send out a new card or send emergency cash depending on your situation. Although you may have to cancel the original card, you can maintain worry free of excessive funds seeping out of our bank account without your knowledge.  This is the freedom a prepaid card gives you.

 

Internet Access for Balance Inquiries

Once you have your account set up, you can check your account online anywhere you can get internet access. Always be careful of your surroundings when checking your account in public places because people are still out to steal your identity, but just having the access is a great feature. Internet accounts can help travelers develop budget plans so they do not over spend while having fun. If you own a business, getting online access to your expenses makes it easier for tax write offs, personal accounting, or even reimbursements.

 

Prepay Cards Can Be Reloaded

Once the funds on your prepay card account have been exhausted, you may reload them anywhere that excepts prepay cards. Most retail stores allow you to reload. After the money is reloaded, there is no wait time. The funds are available immediately. So now you may use the card anywhere the credit card logo on your card is accepted. Most of them are Visa and Master Card, which are accepted almost anywhere. If you need to book flights or hotel reservations online, you can do so without worrying if someone will make fraudulent charges in your name.

Prepaid credit cards gives us convenience when traveling, like not worrying of we dropped cash in a parking lot, and put our minds at rest. This way we can enjoy our trips as they are meant to be. Reloadable cards are on the rise as people learn how they can benefit them and protect them. Many people still question how they work or believe they act like gift cards where once the funds are used, the card is no good, but that is not the case. Prepaid cards are made to be used multiple times. It just depends how often you wish to use them. Since they are by major credit companies, the only thing you should be aware of is a small fee for reloading.  


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