Britons who travel abroad or visit overseas websites for their Christmas shopping needs could pocket an accumulative £8.6m as my Travel Cash, prepaid MasterCard currency card, gives its customers the gift of cashback.
my Travel Cash recently added a fantastic reward for all customers - 1% unlimited cashback on everything purchased, paid directly to the prepaid card account the following month after it has been used.
Research from Santander shows that the average Briton will spend £359 on Christmas presents, with 4.2 million spending 23% of their budget abroad and a further 4.2 million spending 35% of their Christmas budget on overseas websites – collectively amounting to £8.6m in cashback rewards should they all use a my Travel Cash currency card.
As purchases made in cards’ currency are also free , shopaholics can feel confident when playing Santa for their loved ones this Christmas. The cashback earned is only limited by how much the cardholder spends – no hidden tricks or complicated rules just great value rewards, back on the card in time for mid-term break in the sun.
Myles Stephenson, CEO my Travel Cash, comments: "More and more people are heading abroad to European Christmas markets or further afield to New York or L.A. There is also a large percentage of the population who purchase from overseas websites.
"For both types of customers, my Travel Cash not only offers a competitive exchange rate but we go that bit further to ensure our customers are rewarded. We introduced the 1% cashback this summer and it is now a permanent feature on our cards. Additionally, we have also scrapped ATM withdrawal fees on all three of our cards."
my Travel Cash offers three prepaid MasterCard cards in Multi-Currency (Sterling), Euros and US Dollars. The cards work like a pay-as-you-go mobile phone, you load them with money before you travel and top them up when needed, meaning you only spend what you load – great if you need to stick to a budget when abroad.
The Express Delivery option means you can get yours in time for your trip, unlike other prepaid currency card providers that can take between 5-10 working days. Order your prepaid card and take advantage of the competitive exchange rates at mytravelcash.com. Then, simply take it with you when you go.