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10 March 2011

New travel money card for UK visitors

Visitors from the United Kingdom now have a new option for bringing spending money to South Africa that offers excellent savings.

The 1st Contact Travel Money Card. The 1st Contact Travel Money Card.

The rate travellers see online when they load money is the rate they get…with this card, the exchange rates are far better because 1st Contact purchases currency directly. - Lauren Walker, 1st Contact Forex.

?United Kingdom company 1st Contact has launched the 1st Contact Travel Money Card, designed specifically for use in South Africa.

The card is linked to MasterCard and works exactly like a South African MasterCard debit card, but is pre-loaded with South African rands. This means no bank charges, and 1st Contact charges no commission on the card.

Although there is a small fee for ATM withdrawals, there are no fees for swiping the card in restaurants and shops, which means a big saving for UK visitors to South Africa.

Lauren Walker, 1st Contact Forex’s Sales and Business Development Manager, says travellers also get to take advantage of the good exchange rates offered by 1st Contact’s Forex department, which offers rates that are far below the usual rates travellers get at banks.

'The rate travellers see online when they load money is the rate they get,' she explains. 'If travellers swipe their normal UK debit or credit card in South Africa, they get charged every time they swipe and also get a terrible exchange rate. With this card, the exchange rates are far better because 1st Contact purchases currency directly.'

If travellers run out of funds on their 1st Contact Travel Money Card while in South Africa, they can just go online and load more. In event that the card is lost or stolen, 1st Contact will instantly block the card and transfer any funds that were on the card back into the traveller's bank account.

Although the card has to be purchased in the UK, it can be used by anyone. The 1st Contact Travel Money Card is also available in Euros and US dollars.