Traveling abroad is a great experience to have your energy revived but it often ends with going over the budget for many individuals. To avoid the situation, prepaid visa cards are one of the best options one should consider as they don’t let travelers spend more than the limit on it and thereby have gained so much popularity amongst foreign travelers. What are they?
In this article, we will explain everything that you need to know. Let’s start by understanding their meaning and how they work. Keep reading to know:
What Are Prepaid Visa Cards & How Do They Work?
International prepaid visa cards are also known as Currency cards and they work nearly similar to a bank debit card. An individual can make ATM withdrawals, payments in retail stores, and also enjoy online shopping. But the only difference is that you are not allowed to spend more than you have on your card.
To put it simply, while traveling abroad, individuals can top up or load the card with the specific/desired amount of respective foreign currency they are traveling to and use them for different purposes. It will help them avoid overspending as they are aware that they can spend only the limited loaded amount with the card. Since these cards are not linked to your bank account like Credit/Debit cards, you can avoid witnessing online banking transactional fraud.
