History of Travel Money Cards
The concept of the Travel Money Card was first brought to the market in 1996 by a small company in London. The card was created to provide a secure and convenient way for people to take their money with them when they went travelling. These cards were pre-loaded with foreign currency, so travellers didn’t have to worry about exchanging money before and during their travels. In the early 2000s, the idea of the Travel Money Card spread and was included in prepaid debit and credit cards, with a few of the larger banks offering their own version. In 2015, the Global Travel Card was launched, offering a secure and convenient way to take travel cash with you. The card was accepted in over 200 countries across the world and in nearly all major airports.
What is a Travel Money Card
A Travel Money Card is a prepaid card that is pre-loaded with money. Depending on the type of card, it can be used to make transactions such as online and offline purchases, and cash withdrawals at ATMs anywhere in the world. The Travel Money Card is an ideal way for cash-strapped travellers to take their money with them without carrying around currency or worrying about foreign exchange rates.
Can I Use a Travel Money Card in Japan?
The answer to this question is yes, you can use a Travel Money Card in Japan. Japan is a very popular travel destination and many of the world’s major banks and card issuers offer Travel Money Cards that can be used in Japan. Additionally, most Travel Money Cards are accepted at any point of sale, ATM, or online merchant in Japan that accepts Visa or MasterCard.
Benefits of Using a Travel Money Card in Japan
Using a Travel Money Card in Japan has its advantages, especially when compared to other payment options such as cash and traveler’s checks. Some of these benefits include:
- Security: Travel Money Cards offer travelers security against theft or loss, as they can be easily replaced.
- Convenience: Travel Money Cards can be used to make purchases at shops, restaurants, or online. They can also be used to withdraw cash at ATMs.
- Cost-saving: Travel Money Cards are a cheaper alternative to taking cash or traveler’s checks with you.
- Peace of Mind: Travel Money Cards are a secure way to take your money with you and you don’t have to worry about the currency exchange rate or carrying around large amounts of cash.
How to Use a Travel Money Card in Japan
Using a Travel Money Card in Japan is pretty straightforward. All you need to do is make sure your Travel Money Card is loaded with the appropriate currency before you leave for your trip. Once you arrive in Japan, you can use it to make payments for goods and services, or to withdraw cash at any ATM that accepts Visa or MasterCard. To make a payment, simply present your Travel Money Card and enter your PIN at the merchant’s terminal.
Things to Keep in Mind
Before you use your Travel Money Card in Japan, there are a few things you should keep in mind. Firstly, you should notify your card issuer of your overseas travel plans, to prevent your card from being blocked. Secondly, you should check that the issue of the card and the currency of the card are recognized in Japan. Lastly, you should also check the applicable fees that may apply for using your Travel Money Card in Japan.
How to Use a Travel Money Card to Get the Best Exchange Rates
Using your Travel Money Card to get the best exchange rates is the best way to ensure you’re getting the most out of your money when travelling in Japan. Firstly, make sure you notify your card issuer of any changes in currency or exchange rates before you travel. This will allow them to adjust the exchange rate accordingly. Secondly, check the current exchange rate before making any transactions. Lastly, use the Travel Money Card at an ATM or point of sale with a lower mark-up than a currency exchange service.
Data Protection and Security Measures
Using a Travel Money Card in Japan is generally safe and secure. Along with the usual security features found on other cards such as chip-and-PIN technology, many banks also offer additional features such as:
- Mobile App Alerts: You can receive notifications on your mobile device whenever your card is used.
- Fraud Monitoring: Banks monitor transactions to detect any suspicious activity and alert you if needed.
- Travel Insurance: Many banks offer travel insurance to give you peace of mind while travelling.
- 24/7 Customer Support: Most banks offer a dedicated customer service line that you can call if you ever need assistance.
Conclusion
Travel Money Cards are convenient and secure way to take your money with you when travelling in Japan. With their relative low cost, easy access, data protection and security measures, they are a perfect way to ensure you get the best exchange rate. Be sure to shop around to make sure you get the best deal and remember to notify your card issuer of any changes in currency or exchange rates before you travel.
