ON THE MONEY: Thomson launches Pre-Paid Travel Money Card

Thomson has today launched a new pre-paid Travel Money Card which can be electronically loaded with funds and used to purchase goods at over 28 million locations worldwide. Available free of charge to Thomson customers and suitable for both Euro and US Dollars, the fully MasterCard® backed Travel Money Card provides most of the benefits of cash or credit/debit cards whilst offering significant security, convenience and cost savings.

Jeremy Osborne, TUI UK Director of Financial Services said “We think this is something our customers will find assists them in planning and budgeting for their holidays. As the card is pre-loaded with a fixed amount of currency at a given rate, it will appeal to the budget-conscious as it makes it much easier to manage finances whilst away. In addition, it’s impossible to over-spend on the card, and as it’s not linked to a bank or credit card account, the exposure to fraud and loss is reduced. Customers will benefit from significant savings when compared to most credit or debit cards whilst also eliminating any additional foreign exchange fees.”

The Travel Money Cards will be available throughout the UK from all Thomson retail stores and because it is valid for three years, any unused funds can just be kept on the card for future use.