Consumers do not want to charge their holiday on credit cards due to the high interest rates they are being charged. Many of the consumers also do not want to exchange pounds for Euros because the Euro is much stronger. It makes it difficult for consumers to afford the vacations. Luckily there is another option. ICE has a Travellers Cashcard which is available in Pounds, Euros, and Dollars. More than 25 million ATM’s will take these cards. The pin also helps make the card become more protected than cash.

3.5 million prepaid cards are in use worldwide. So it just makes sense to use the prepaid cards during a holiday. Prepaid cards do not have interest rates, but they can be safer than your debit card. Your debit card links directly to your account and all its funds. On vacation you do not want this card messed with. With prepaid cards a fraudster can only get the balance that is on the card. You are also protected with the prepaid cards like you are with credit cards. Cash Passport is just one option you have for having the money you need without spending a great deal in exchange fees or credit card fees.

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