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The Benefits of Traveling with a Prepaid Travel Card from Bangladesh

06 Jul 2023


Many people want to travel, and now that prepaid travel cards are available, it's easier and more handy to see the world. A prepaid travel card can be an excellent way for visitors from Bangladesh to manage their money. It has a lot of advantages over carrying cash or using credit/debit cards. Besides, if you are an overseas Bangladeshi worker and live in a foreign country to earn better and send money to Bangladesh, you can benefit from the card as well. In this blog, we'll talk about the benefits of going with a prepaid travel card from Bangladesh and why it might be a good choice for your next trip.

 

What is a Prepaid Travel Card?

A prepaid travel card, also called a currency card or forex card, is a type of card that lets you load and take multiple foreign currencies on a single card. It works like a debit or credit card, but instead of taking money from your bank account or credit limit, it uses the money you put on the card ahead of time. Banks or other financial companies usually sell prepaid travel cards. They can be used in foreign countries at ATMs, point-of-sale (POS) terminals, and online.

 

Now, let's talk about the perks of travelling with a Bangladeshi prepaid travel card.

 

Benefits of a Prepaid Travel Card

 

Convenience and Safety

One of the best things about prepaid travel cards is that they are easy to use and safe. With a prepaid travel card, you can load multiple foreign currencies onto a single card and carry them. This means you don't have to take cash in different amounts or change money at currency exchange counters in the country you're visiting. This can help make your trip easier and more planned.

Also, prepaid travel cards come with advanced security features like chip-and-PIN technology, which adds another layer of safety against fraudulent transactions. Most companies that sell prepaid travel cards give customer service 24 hours a day, seven days a week, and can block your card if it gets lost or stolen so that no one else can use your money. Some prepaid travel cards let you briefly lock and unlock the card using a mobile app. This gives you more control over your card and makes it safer.

 

Cost-Effective

When you travel abroad, currency exchange and transaction fees can add up and significantly affect your travel budget. But you can save on these costs by getting a prepaid travel card from Bangladesh. Most prepaid travel cards offer affordable exchange rates that are usually better than those provided by local currency exchange counters or credit/debit cards. Also, prepaid travel cards often have lower or no fees for transactions made outside the country. This makes them a good choice for spending money abroad.

Also, some prepaid travel cards let you add money to them online, which can help you keep track of your trip costs and stay within your budget. You can also keep track of your spending and transactions online or with mobile apps. This lets you keep an eye on your spending and avoid going overboard.

 

When you consider cost-effectiveness, you may also look for low-cost ways for every money transfer to Bangladesh since it’s your primary need as an overseas worker.

 

Wide Acceptance and Accessibility

Prepaid travel cards can be used at millions of places worldwide, like hotels, bars, shops, and even online stores. You can also use them at ATMs in the country you are going to get cash in that country's currency. This means you don't have to worry about finding a currency exchange counter or carrying a lot of money, which makes your deals easier and safer.

Also, prepaid travel cards generally have the logos of significant card networks, like Visa, Mastercard, or American Express, which are accepted worldwide. This means you can use your prepaid travel card in more than one country on your trip without thinking about changing the currency or having problems with acceptance.

 

Exchange Rate Lock-In

Using a prepaid travel card from Bangladesh is also great because you can lock in the exchange rate. You can choose to lock in the exchange rates when you put money onto your prepaid travel card. This means that your card will always use the locked-in exchange rate for transactions, even if the exchange rate changes while you are away.

Locking in exchange rates can be a good idea, especially if you are going to a country with a currency that fluctuates significantly or if the economy is unstable. It gives you security and protects you from unfavourable changes in the exchange rate, so you can stick to your budget and avoid surprises when it comes to converting currencies.


A New Emergency Card and a Backup Card

When you go abroad, losing your wallet or having your card stolen can be a nightmare. But if you have a prepaid trip card, you can rest easy knowing that most companies offer emergency replacement services. If you lose or have your card stolen, you can call the customer service of your prepaid travel card provider. They can send you a new card or send it to a place where you can pick it up.

Some companies that sell prepaid travel cards also offer backup cards, which can be linked to your account. This backup card can be helpful if your primary card gets lost, stolen, or damaged. It gives you extra protection and money access while waiting for a replacement card.

 

Convenience for Multiple Currencies

As a tourist from Bangladesh, you might go to different countries, each with its currency. It can be hard and time-consuming to carry cash in various currencies or to change money at local currency exchange booths. But with a prepaid travel card, you can load multiple foreign currencies onto a single card and take them with you. This makes it easy and efficient to travel to more than one country.

Most prepaid travel cards work with multiple currencies, so you can put money in the cash you need. When you make a purchase, the card instantly takes the amount out of the wallet for that currency. This means you don't have to worry about converting currencies. This can save you time, make it easier to keep track of your money and keep you from carrying around a lot of cash.

Besides, you can also benefit from the availability of multiple currencies when you make an economical and instant online money transfer to Bangladesh via ACE Money Transfer. The firm offers 28 different currencies across the UK, Europe, Canada, Australia, and Switzerland to transfer funds to Bangladesh.

 

Rewards and Deals

Prepaid travel cards from Bangladesh help you keep track of your spending, stay safe, and use multiple currencies. They also offer rewards and discounts, which make your trip even better.

Many companies that sell prepaid travel cards have rewards programs that let you get points or cash back when you use the card. These rewards can come in flight miles, hotel loyalty points, or cashback on purchases. You can use these rewards to pay for future travel or get other perks related to travel. This can be a great way to make your money go further and make travel affordable.

Some prepaid travel cards also give you special discounts or deals at hotels, restaurants, and sites that are partners. You can access these discounts through the card's online portal or mobile app. They can save you money on a variety of trip costs. For example, you might get discounts on hotel stays, meals, or entrance fees to tourist spots. This will help you get the most out of your trip budget.

Also, some companies that sell prepaid travel cards offer extra services like trip insurance, purchase protection, and help in an emergency. Travel insurance can cover unexpected medical bills, trip cancellations, or lost bags, so you can travel without worrying. Purchase protection can cover items you buy with your prepaid travel card if they are stolen or broken, and emergency assistance services can help you if you lose your passport or have a medical problem. These extra perks can help you save money, make your trip more accessible, and make you feel safer.

 

Bottom Line

In conclusion, travelling with a prepaid travel card from Bangladesh gives you a lot of perks that can make your trip more enjoyable. Prepaid travel cards are an innovative and practical way to keep track of your trip expenses. They help you manage your budget, monitor costs, and feel safe.

With a prepaid travel card, you can quickly load money onto it, track how much you spend, and avoid overspending or getting charged for things you don't need. With the multi-currency feature, you can go to different countries without taking multiple currencies or dealing with changing money. You can also take advantage of card providers' rewards and savings. For example, you can earn points or cash back on your card purchases and get special deals at partner stores.

Also, prepaid travel cards make getting money easy and keep your personal and financial information safe. With PIN safety, zero-liability protection, and the option to block your card if it gets lost or stolen, you can travel without worrying about your money.

Overall, a prepaid travel card from Bangladesh can be a simple and safe way to keep track of your travel costs, making your trip more accessible, cheaper, and fun. So, before your next trip, consider getting a prepaid travel card to make it easier and more enjoyable. 

And if you happen to send money to Bangladesh online while abroad, use ACE Money Transfer to do so. ACE's service is convenient, online, fast, and secure. We offer multiple sending and receiving methods for remittances to Bangladesh and offer 24/7 dedicated customer support.

 

 

FAQs
 

What are some of the benefits of using a prepaid travel card when travelling from Bangladesh?

The benefits include controlled spending, safer transactions compared to carrying cash, global acceptance at places where major cards are accepted, the ability to load multiple currencies, which may reduce currency conversion fees, and the convenience of being able to reload funds online.
 

How can I reload my prepaid travel card when I'm travelling abroad from Bangladesh?

You can usually reload a prepaid travel card through the card provider's website or mobile app, making it convenient to add funds no matter where you are. Some providers may also allow reloading through phone banking or at physical branches or ATMs, though this can vary depending on the provider.
 

What should I consider before choosing a prepaid travel card in Bangladesh?

Before choosing a prepaid travel card, consider factors such as the fees associated with the card, including loading and withdrawal fees, the exchange rates offered, the ease of reloading the card, the card's acceptance in your destination country, and the provider's customer support
 

Is my money safe if I lose my prepaid travel card while travelling?

Yes, in most cases, if you lose your prepaid travel card, your money is still safe. You should immediately report the loss to your card provider, who can then block the card to prevent unauthorised use and usually issue a replacement card. This is one of the advantages of using a prepaid travel card over carrying cash.
 

Can I use my prepaid travel card for online purchases when travelling abroad from Bangladesh?

Yes, prepaid travel cards can typically be used for online purchases, just like regular credit or debit cards. This can be particularly handy when booking hotels, flights, or other travel-related services. However, it's always important to ensure you're using a secure internet connection when making online transactions to protect your card information.


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