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Call to use pre-paid credit cards

15 March 2011 16:34

Pr-paid credit cards have become popular among travellers

Pr-paid credit cards have become popular among travellers

People heading off on all-inclusive holidays in Spain and other locations this year have been urged to think about using pre-paid credit cards while on their travels.

According to research carried out by Global Prepaid Exchange, a number of payment innovations will come to the fore this year, resulting in methods such as cash, cheque and debit card being pushed down the pecking order.

And for travellers who have taken out their travel insurance policy and are set to head off on their holidays, the pre-paid card could ease a lot of stress.

One of the main advantages is that if the card is stolen or lost, it can be stopped straight away and a replacement card issued immediately.

Kevin Harrington, managing director of Global Prepaid Exchange, said: "It's more convenient than a traveller's cheque because you've got your free emergency card there and then."

He added that companies such as Virgin offer a range of discounts to cardholders.

All-inclusive holidays allow budget concious travellers some piece of mind as everything is paid for upfront.