Caxtonfx’s pre paid card is the cheapest way to spend money abroad [author:Alice Hart Public time:Sep 18, 2007] |
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Travellers from the UK spend more than £350m a year in charges when debit cards are used to withdraw cash in Europe alone. Caxton’s pre paid card provides the antidote to rip off fees and cheapest way to buy travel money – saving up to 10% of standard costs. This revolutionary spending method allows backpackers to pre-buy their spending money at the best exchange rate and avoid carrying large sums of money which is often wasted as unused cash. Prepaid spending methods are proving ever popular as they help to manage tight spending budgets - you know exactly how much you’re spending with this pre pay method.
Caxtonfx’s Sales and Marketing Director, James Hickman says ‘Our card offers stress-free, seamless spending overseas. We’re excited to offer considerable savings and security on gap year spending – an attractive prospect for parents whose offspring are heading off on a year abroad.” The prepaid MasterCard® is simply applied for online and loaded with up to £5000 worth of spending money, which is credited in Euros and ready for use as a normal debit card. It can be re-charged anywhere in the world, making it a safe and simple alternative to traditional spending methods.
Check daily exchange rates, balances and top up credit at - www.caxtonfxcard.com.
Media Enquiries, images and interviews:
Caroline Parrish/ Alice Hart
The Communication Group plc
+44 20 7630 1411
Cparrish@thecommunicationgroup.co.uk/ahart@thecommunicationgroup.co.uk
Notes to editors
About Caxtonfx
Caxtonfx is a foreign exchange company based in London. They set themselves apart by offering genuine value for money.
The company was founded in 2001 as an FX (foreign exchange) broker, offering bank-beating rates for large transactions - they now exchange millions on a daily basis. The success of the company has been based on one simple principle: Value and Service. This principle has been carried through to the launch of the Caxton FX Euro Card, bringing genuine savings to travellers.
What it costs to use a debit card abroad: comparable rates
Cash Withdrawls
Purchases
Provider
Conversion fee
Transaction fee
Conversion fee
Transaction fee
Alliance and Leicester
2.75%
1.5% min £1.50
2.75%
nil
Barclays Bank
2.75%
2%, min £1.50 max 4.50
2.75%
nil
Caxton FX
0%
€2.00
0%
NIL
Halifax
2.75%
1.50
2.75%
£1.50
HSBC
2.75%
1.5% min £1.75
2.75%
nil
Lloyds TSB
2.75%
1.5% min £2 max £4.5
2.75%
£1.00
NatWest
2.75%
2% min £2 max £5
2.75%
£1.25
(Source: Daily Telegraph, April 6th 2007)
Printed From:http://www.free-press-release.com/news/200709/1190113971.html Source:Free Press Release
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