When travelling to a foreign country, preparation is key to ensuring a seamless and hassle-free journey. Among the various aspects to consider, managing your finances while abroad is important. One of the best ways to ensure you're financially prepared is by carrying the right payment card. Before you set off, there are some important checks to make to ensure you are ready for the trip:
- Ensure your card is activated and ready for use
Before leaving for your international destination, make sure that your Forex Card is activated and ready for use. Most cards require activation either through an app, online portal or by calling customer service. If you fail to activate the card, you won’t be able to access funds while travelling. Double-check that the card is not expired and that it’s linked to your Bank Account or prepaid balance.
- Load sufficient currency for your destination
Both Forex and Tarvel Cards let you load multiple currencies onto the card. Ensure that you load sufficient foreign currency to cover your expenses in the destination country. Depending on the card, you may be able to load it with a specific currency or multiple currencies if you’re visiting more than one country.
- Check for international acceptance
Before relying on your Forex or Travel Card abroad, confirm that it is accepted at a range of merchants in your destination country. Most international cards are widely accepted in major cities and tourist spots, but it’s always a good idea to double-check with the issuer or review the card’s terms.
- Review your PIN and security settings
For security purposes, ensure that your Forex Card has a PIN set up, especially if you plan to withdraw cash from ATMs. Additionally, some cards come with added security features, such as two-factor authentication for online transactions or the ability to block or freeze your card if it’s lost or stolen. Familiarise yourself with these settings before you travel to safeguard your funds.
- Know the fees
Different cards come with varying fee structures, such as withdrawal fees, exchange rate margins, or foreign transaction charges. Make sure you understand the fees associated with using your Travel Card abroad. This will help you plan your spending and avoid unexpected charges. Also, check whether your card offers free or discounted ATM withdrawals in your destination country.
Conclusion
Preparing for an international trip involves many checks and ensuring that your Forex or Travel Card is ready for use is a vital part of the process.
