Tuesday, December 15, 2009

Avoid Mountainous Charges this Holiday Season with Prepaid Cards

This post in Fair Investment highlights how choosing the right type of prepaid card for the Holidays can help consumers avoid a mountain of charges. Instead of using credit cards, consumers should use prepaid cards to make it easier to budget holiday spending. Prepaid cards can be used worldwide just like any credit card.

Peter Harrison, moneysupermarket's travel money expert recently mentioned:

"Prepaid currency cards are great for budgeting as consumers can only spend up to the value of funds that they load onto their card. Another advantage is that if lost, customers can have their card replaced, usually for a fee of around £10, with all the funds in tact."

Do you think consumers will end up using prepaid cards more than credit cards this holiday season?

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