Thomas Cook has launched a new prepaid travel card, which allows users to carry up to 10 different currencies at once, ttgmedia.com reports.
Euros, dollars, the South African rand, Turkish lira and Swiss francs can all be added to the new offering.
Fraser Millar, head of financial services at Thomas Cook said: “People are increasingly using prepaid cards overseas for a variety of reasons. Some of our customers find it reassuring that they can’t drift into the red or go over-budget, while others are attracted to the security they offer.
“Cash passports aren’t linked to your bank account, so there is reduced risk associated with this form of travel money. By introducing multi-currency cash passports, we want to reduce the risk even further and alleviate any cause for concern while travelling.”
Thomas Cook will continue to top up single currency cards, however, they are not available for purchase.
Read more here.
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